In what sense is the word price in the term transfer price a misnomer?

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Managerial Accounting An Introduction to Concepts Methods and Uses

ISBN: 978-0324639766

10th Edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

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Question Posted: Feb 14, 2013 12:12 AM

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In what sense is the word price in the term transfer price a misnomer?

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The use of the term price suggests an exchange of cash or promise to pay cash Divisions s...View the full answer

Managerial Accounting An Introduction to Concepts Methods and Uses

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