ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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TRANSFER PRICE Definition
TRANSFER PRICE is the price charged by an individual entity in a multi-entity corporation on transactions among the entities involved.
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BUFFER is anything that stands between two other things. For example, an inventory buffer would be additional inventory over and above committed or planned inventory. The inventory buffer will act as an inventory reserve to ensure that sufficient inventory is available when and if required, i.e., the buffer inventory stands between committed inventory and out-of-stock status.
POP see PROOF OF POSTING.
