Which two statements are true about the cross-charge method, Borrowed and Lent?

Correct Answer for the Question – Which two statements are true about the cross-charge method, Borrowed and Lent? is given below

Which two statements are true about the cross-charge method, Borrowed and Lent?References: https://docs.oracle.com/cd/E18727_01/doc.121/e13438/T188094T188101.htm

Costs or revenue are shared based on transfer price rules with this method.

You must set up the contract business unit to use this method.

This method creates a formal internal invoice.

This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.

Correct Answer

The Correct Answer for this Question is

Costs or revenue are shared based on transfer price rules with this method.
This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.

Explanation

The Question – Which two statements are true about the cross-charge method, Borrowed and Lent? has been answered correctly and answers for the question is Costs or revenue are shared based on transfer price rules with this method.
This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.

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