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transfer price

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

The price at which one division or subsidiary of a company transfers products to another division or subsidiary of the company.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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