The price on the sale of goods from one member of a corporate family to another is known as a ________.

Question

Quizplus · Accepted Answer

The price on the sale of goods from one member of a corporate family to another is known as a transfer price. This is a common practice in multinational corporations with different entities in various countries or regions, where the price is used to allocate profits among the different subsidiaries and to minimize tax liabilities.

The Price on the Sale of Goods from One Member