The price that would be received to sell an asset or paid to transfer a liability is referred as the:
A)exit price.
B)transfer price.
C)selling price.
D)settlement price.

Question

Quizplus · Accepted Answer

The exit price is the most appropriate term to use, as it refers to the price that would be received to sell an asset or paid to transfer a liability. The transfer price may be used in some contexts, but it is often associated with internal transfers within a company rather than external sales. The selling price is too narrow, as it only refers to the price received for a sale, whereas the exit price encompasses both sales and transfers. The settlement price is a term typically used in financial markets, and refers to the price at which a trade is settled.

The Price That Would Be Received to Sell an Asset