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For transfer pricing purpose the following are true EXCEPT: a. Transfer price based on cost is the lowest price b. Transfer price based on negotiated

For transfer pricing purpose the following are true EXCEPT: a. Transfer price based on cost is the lowest price

b. Transfer price based on negotiated price is the average price

c. The Transfer price based on market is the maximum price

d. all of the above is true

e. Only a and b are true

17. T, F. Decision making generally is a choice between competing alternatives which must be implemented.

18. T, F. A choice between alternatives that is not implemented is a mere conjecture.

T, F. Managerial decision making involves more than five steps.

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