Transfer Pricing Is a System Established Internally to Facilitate Units

question 43

True/False

Transfer pricing is a system established internally to facilitate units being set up as profit centres.

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Definitions:

Vitality

The quality or state of being full of life, energy, and vigor.

Justice

The principle or ideal of fairness and moral righteousness, especially in the administration of the law.

Chancellor

A high-ranking official in certain legal or educational institutions, or a judge in courts of equity.

Juror

A member of a jury, which is a group of people called to render a verdict in a legal case based on evidence presented during a trial.