The products or services that are transferred between different subunits of a company are classified as _____________?
Correct answer: C. intermediate product
- A. mobile products
- B. dysfunctional products
- C. intermediate product
- D. territorial product
Explanation
An intermediate product is transferred from one subunit to another for further processing or use. The other choices are not standard classifications in transfer-pricing terminology.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
An organizational practice, according to which the decision making freedom is available to lower level managers is known as _____________?
The cost influences by the responsibility center manager who is considered as ___________?
In master budgeting, the cost drivers for manufacturing overhead costs are ___________?
An exertion for achieving a set goal is known as ____________?
If the opportunity cost per barrel is $45 per unit, incremental cost per barrel is $65, then minimum transfer price will be __________?
A situation when groups and individuals work together for achieving a particular goal can be classified as _________?