An internal transfer price is the price for moving goods between profit centers in large-scale organizations.

Name: An internal transfer price is the price for moving goods between profit centers in large-scale organizations.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Internal transfer price is the price at which goods are moved between different profit centers within a large organization. This price helps to allocate costs and profits among different departments and is used for decision-making purposes within the organization.

An Internal Transfer Price Is the Price for Moving Goods