The Practice of Creating an Artificial Price to Use in Its

question 180

Multiple Choice

The practice of creating an artificial price to use in its accounts when a firm sells goods from a division located in one country to a division within the U.S. is referred to as:

• A) artificial pricing
• B) pseudo pricing
• C) transfer pricing
• D) false market pricing
• E) internal market pricing

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Definitions:

Outer Space Treaty

An international agreement that forms the basis of international space law, governing activities in outer space.

Supervisory Authority

An organization or body empowered with the legal right to oversee, direct, and regulate activities within certain boundaries.

Jurisdiction and Control

Refers to the authority which a legal body has to govern or enforce laws within a certain area or over certain persons.

Celestial Body

An object in space such as a planet, star, moon, or asteroid that is located outside Earth's atmosphere.