Question

A(n) __________ price is internally charged by one organizational unit for a good or service that it supplies to another unit. Group of answer choices organizational department substitute transfer budget

Answer 1

A transfer price is internally charged by one organizational unit for a good or service that it supplies to another unit.

What is transfer price?

It is the price of a goods or service bought by a department in the same organization as the producer.

The price is what is paid to the department where purchase is made.

Therefore, A transfer price is internally charged by one organizational unit for a good or service

that it supplies to another unit.

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