Which of the following refers to the price charged for products sold between a company's divisions or subsidiaries?

A) dual pricing
B) transfer price
C) price skimming
D) arm's length price

B

Business

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Managers use transactional information when making structured decisions at the operational level.

a. true b. false

Business

A letter of credit is a document that

a) is secured by the exporter after shipping the product shipment. b) awards the title of a product to the importer. c) is issued by a bank at the request of an importer. d) is issued by the exporter to promise that he will allow a delay in payment.

Business