Which transfer price approach is used when the transfer price is set at the amount sold to outside buyers?

A) Market Price
B) Cost Price
C) Negotiated Price
D) Variable Price


A

Business

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Companies that adopt value-added pricing ________

A) consider value-added features as a fitting substitute for aggressive cost cutting B) set incredibly low prices to meet competition C) attach value-added features and services to differentiate their offers and support their higher prices D) overprice their products without any apparent justification E) underprice their products and lower quality to boost demand in the short-run

Business

Indigo Blue Inc. is a distributor of equipment, component parts, and supplies in the United States. It has an ownership title to all its products

These products are stocked in both national and regional warehouses to guarantee product availability and quick service to the many manufacturers who are its customers. Based on this information, Indigo Blue Inc. is an example of a(n) _____. a. agent b. merchant wholesaler c. retailer d. government buyer

Business

A flat sales organization has a narrow span of control.

Answer the following statement true (T) or false (F)

Business

The Recreation and Parks Agency of the state government has six employees and is interviewing for a person to teach gymnastics and arts and crafts to 3-5 year olds. Ed, age 68, applies but is told he is too old. If he sues under the Age Discrimination in Employment Act, the agency's best defense would be that:

a. they are not subject to the Act since they only have six employees. b. the agency, as part of state government, is not subject to the Act. c. Ed is not able to do gymnastics. d. this is not a salary dispute.

Business