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When cost-based transfer pricing is used between subunits of a large organization, describe how to avoid making suboptimal decisions.
Written Notice
A formal notification provided in written form.
Bank Make Payment
The act of a bank processing a transaction and transferring the requisite funds from one account to another as instructed.
Confirmed in Writing
The process of documenting an agreement or decision on paper or electronically to provide a tangible record of the terms.
Midnight Deadline
A cutoff point often used in law and finance, indicating that transactions or actions must be completed by 11:59 PM to be considered valid for that day.
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