When one responsibility center uses a transfer price to transfer goods or services to another responsibility center a ___________________________________ is created

Fill in the blank(s) with correct word


pseudo-profit center

Business

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If cost of goods sold under FIFO was $8,000 and was $10,000 under LIFO, assuming a tax rate of 40%, how much tax savings resulted from using LIFO?

a. $ 1,200 b. $ 800 c. $ 2,000 d. There would be no tax savings.

Business

Which of the following statements about state insurance guaranty funds is (are) true? I. They limit the amount that policyholders can collect if an insurer becomes insolvent. II. They are usually funded by general revenues of the states

A) I only B) II only C) both I and II D) neither I nor II

Business

Advertising on television and radio was initially regulated through codes developed by the ________ until the courts found that portions of its regulations were in restraint of trade.

A. National Advertising Review Board B. Federal Trade Commission C. Federal Communications Commission D. Standards and Practices Division E. National Association of Broadcasters

Business

List one advantage and one disadvantage of a telephone interview as a method of data collection

Business