Multiple Choice
Which of the following statements about transfer pricing is/are true?
i. Income taxes and import duties are an important consideration when setting a transfer price for international companies.
ii. Transfer prices cannot be used by organisations in a service industry.
iii. Transfer prices are totally cost-based and not market-based.
A) i
B) ii
C) i and ii
D) All of the given answers
Correct Answer:
Verified
Correct Answer:
Verified
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