Transfer price refers to the amount used in accounting for transfer of goods or services from one responsibility centre to another or from one company to another which belongs to the same group.

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		</script> </DIV><p class='TableClas'>Transfer pricing systems are designed to accomplish the following objectives: to provide each division with relevant information required to make optimal decisions for the organisation as a whole; to promote goal congruence 

Transfer Pricing explained

ACCOUNTANCY

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