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Exam IIA-CIA-Part3 All Questions

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Exam IIA-CIA-Part3 topic 1 question 42 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 42
Topic #: 1
[All IIA-CIA-Part3 Questions]

The market price is the most appropriate transfer price to be charged by one department to another in the same organization for a service provided when:

  • A. There is an external market for that service.
  • B. The selling department operates at 50 percent of its capacity.
  • C. The purchasing department has more negotiating power than the selling department.
  • D. There is no external market for that service.
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Suggested Answer: A 🗳️

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dnsl18
2 years, 8 months ago
Pls explain.
upvoted 1 times
Ishaku
1 year, 11 months ago
When there is an external market to service, it means the selling department could sell to the market at that price. If it sells to the purchasing department at a lower price, it is not maximizing its revenue.
upvoted 2 times
John1237
11 months, 2 weeks ago
If there is no tax benefit, there is no incentive to buy or sell in-house.
upvoted 1 times
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