A negotiated price is one that
A)Provides the selling division with a normal profit.
B)Provides the buying division with the lowest price available from outside suppliers.
C)Is agreed to by both the buying and selling division.
D)None of these answer choices are correct.

Question

Quizplus · Accepted Answer

A negotiated price is one that is agreed upon by both the buying and selling division. It may not necessarily provide the selling division with a normal profit or provide the buying division with the lowest price available from outside suppliers.

A Negotiated Price Is One That