The Price Charged by One Unit in an Organization for a Good

question 21

Multiple Choice

The price charged by one unit in an organization for a good or service that it supplies to another unit in the same organization is referred to as a(n) :

• A) substitute price.
• B) transfer price.
• C) department price.
• D) organizational price.
• E) budget price.

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Definitions:

Work Time Control

The degree of flexibility that an individual has over the scheduling and duration of their work hours.

Non-College-Bound Students

Individuals who opt not to pursue higher education immediately after high school, choosing instead to enter the workforce, vocational training, or other paths.

High School Graduates

Individuals who have successfully completed the curriculum and requirements set by a high school institution.

Pre-Med Program

An undergraduate course or series of courses that prepare students for admission to medical school.