Transfer prices can be set in such a way so as to maximize profits for an entire business.

Name: Transfer prices can be set in such a way so as to maximize profits for an entire business.
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

Transfer prices can be set in a way that allocates profits between different divisions or departments of a business, which can ultimately maximize overall profits for the entire business. This is why transfer pricing can be a powerful tool for multi-divisional businesses.

Transfer Prices Can Be Set in Such a Way So