When a Firm Is Organized with Decentralized Profit Centers, Transfer

question 43

True/False

When a firm is organized with decentralized profit centers, transfer pricing between centers can help in the evaluation of each subsidiary performance.

Identify the conditions under which goods are considered fungible.

Recognize the implications of F.O.B. terms in sales contracts on risk of loss and transportation costs.

Distinguish between the different titles to goods and their legal implications.

Understand the role and legal implications of bailees in the distribution of goods.

---

Definitions:

Intersex Condition

A variation in sex characteristics including chromosomes, gonads, or genitals that does not fit typical binary notions of male or female bodies.

Prenatal Development

The process of growth and development within the womb from conception until birth.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues as well as promoting secondary sexual characteristics such as muscle and bone mass, and the growth of body hair.

Cultural Influence

The impact that the shared beliefs, values, norms, and practices of a group have on the behavior and attitudes of its members.