4. Which one of the following types of intercompany transactions is most likely to be audited? a. Sales of tangible property. b. Licenses of intangible property. c. Intercompany loans. d. Intercompany services. 5. Which of the following is not a method commonly used for establishing transfer prices? a. Costbased transfer price. b. Negotiated price. c. Market-based transfer price. d. Industrywide transfer price. 6. Market-based transfer prices lead to optimal decisions in which of the following situations? a. When interdependencies between the related parties are minimal. b. When there is no advantage or disadvantage to buying and selling the product internally rather than externally. c. When the market for the product is perfectly competitive. d. All of the above. 7. U.S. Trensury Regulations require the use of one of five specifled methods to determine the arm's-length price in a sale of tangible property. Which of the following is not one of those methods? a. Cost-plus method. b. Market-based method. c. Profit split method. d. Resale price method