Question: Please do all questions Question 3 A. Define transfer pricing and elaborate on FOUR (4) of its purposes. (14 marks) B. In deciding a transfer

Please do all questions Question 3 A. Define transfer pricing and

Please do all questions

Question 3 A. Define transfer pricing and elaborate on FOUR (4) of its purposes. (14 marks) B. In deciding a transfer pricing method, advise management on: i. negotiated transfer pricing ii. market-based transfer pricing (4 marks) C. Highlight ONE (1) advantage and ONE (1) disadvantage of the market-based transfer pricing method. (2 marks)

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