If the market price of a good is above the minimum transfer price, the buying...

50.1K

Verified Solution

Question

Accounting

If the market price of a good is above the minimum transfer price, the buying profit center should:

Select one:

A. Purchase the goods from an outside supplier

B. Pay the market price to the supplying profit center

C. Negotiate for the lowest transfer price possible

D. Accept the transfer price

E. None of the above

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students