Accountancy, asked by selamawitsamuel2021, 2 months ago

Explain the concept of transfer price in brief?

Answers

Answered by KonikaGupta
4

Answer:

Transfer pricing is the price that the related entities under common ownership decide upon for the internal exchange of goods, intangibles, resources or services. ... In short, transfer pricing refers to the amount of money that is exchanged when two or more related company entities transact with each other.

Explanation:

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