Which of the following statements is(are) false?
(A) From an organization's viewpoint, transfer prices have no effect on total profits assuming the transfer occurs between two responsibility centers.
(B) A transfer price is the value assigned to the transfer of goods or services between divisions within the same organization.
A) Only A is false.
B) Only B is false.
C) Both of these are false.
D) Neither of these is false.
Correct Answer:
Verified
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