All of the following are approaches for determining a transfer price except the
A) cost-based approach.
B) market-based approach.
C) negotiated approach.
D) time-and-material approach.

Question

Quizplus · Accepted Answer

The time-and-material approach is not commonly used for determining transfer prices. The other three approaches (cost-based, market-based, and negotiated) are commonly used.

All of the Following Are Approaches for Determining a Transfer