Which of the following is not a method used to determine transfer prices?
A)market price method
B)cost-based method
C)negotiation
D)balanced scorecard method

Question

Quizplus · Accepted Answer

The balanced scorecard method is not a method used to determine transfer prices. The balanced scorecard is a performance management tool used to measure and monitor an organization's performance in different areas such as financial, customer, internal processes, and learning and growth. However, the market price method, cost-based method, and negotiation are commonly used methods to determine transfer prices.

Which of the Following Is Not a Method Used to Determine