Difference between revisions of "Transfer price"
MariamKhalid (talk | contribs) (Created page with "Transfer price is the price a company charges another unit in the company for goods it ships to foreign subsidiaries. ==Definition== According to Marketing Management by...") |
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According to [[Marketing Management by Keller and Kotler (15th edition)]], | According to [[Marketing Management by Keller and Kotler (15th edition)]], | ||
:[[Transfer price]]. The price a company charges another unit in the company for goods it ships to foreign subsidiaries. | :[[Transfer price]]. The price a company charges another unit in the company for goods it ships to foreign subsidiaries. | ||
| − | + | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | |
| + | :[[Transfer price]]. Price one subunit (department or division) charges for a product or service supplied to another subunit of the same organization. | ||
[[Category: Marketing Management]][[Category: Articles]] | [[Category: Marketing Management]][[Category: Articles]] | ||
Revision as of 14:54, 11 July 2020
Transfer price is the price a company charges another unit in the company for goods it ships to foreign subsidiaries.
Definition
According to Marketing Management by Keller and Kotler (15th edition),
- Transfer price. The price a company charges another unit in the company for goods it ships to foreign subsidiaries.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Transfer price. Price one subunit (department or division) charges for a product or service supplied to another subunit of the same organization.
