What is “transfer pricing?”
A)The cost to convert from one country's GAAP to another country's GAAP
B)The value of sales made in a foreign country
C)The method of recording transactions between divisions within the same company
D)The taxes paid on sales in a foreign country
Answer:C
What is “transfer pricing?”
A)The cost to convert from one country's GAAP to another country's GAAP B)The value of sales made in a foreign country C)The method of recording transactions between divisions within the same company D)The taxes paid on sales in a foreign country