Examlex
Which of the following defines the principle of linkage?
Market Price
The present cost at which a good or service is available for purchase or sale.
Transfer Price
The price at which goods and services are transferred between departments or subsidiaries of the same company, often used for accounting and tax purposes.
Market Price Approach
A valuation method that estimates the price of an asset based on the current market prices of similar assets.
Decentralization
The distribution of decision-making authority to lower levels in an organization, allowing for more localized and faster decision processes.
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