If There Is a Competitive Market for the Product Being

question 85

Multiple Choice

If there is a competitive market for the product being transferred internally,using the ________ as the transfer price will lead to ________.

• A) full cost; goal congruence
• B) variable cost; goal congruence
• C) full cost plus profit; goal congruence
• D) market price; goal congruence

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Definitions:

Associative Play

A developmental stage in child play where children engage in similar or shared activities but do not coordinate their actions or play directly with one another.

Social Disapproval

Refers to the negative judgment or criticism from society or a community towards a person's behavior, actions, or choices.

Erik Erikson

A psychologist known for his theory on psychosocial development, proposing that individuals go through eight stages of development from infancy to late adulthood.

Preschool Period

The developmental stage typically ranging from ages 3 to 5 years old, before a child enters formal school.