(i) In barter transaction goods are exchange for ____________

(i) In barter transaction goods are exchange for ____________
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Complete the following sentence : (i) In barter transaction goods are exchange for ____________ ( ... more than his assets is known as ___________
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____________ is termed as consideration in a contract of sale: A. Exchange money B. Barter money C. Price D. Reward

Description : ____________ is termed as consideration in a contract of sale: A. Exchange money B. Barter money C. Price D. Reward

Last Answer : C. Price

Barter transactions means - (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Description : Barter transactions means - (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Last Answer : (4) Goods are exchanged with goods. Explanation: Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, ... crisis, such as when the currency may be either unstable or simply unavailable for conducting commerce,

Exchange of goods against goods is called (a) Charter (b) Barter © Hunter (d) None of them.

Description : Exchange of goods against goods is called (a) Charter (b) Barter © Hunter (d) None of them.

Last Answer : (b) Barter

Barter transactions means (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Description : Barter transactions means (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Last Answer : Goods are exchanged with goods.

Why is money transaction system better than barter system ? -SST 10th

Description : Why is money transaction system better than barter system ? -SST 10th

Last Answer : (i) Transaction system is better than barter system because double coincidence of wants creates problem. (ii) For example, shoe manufacturer wants to sell shoes in the market and wants to ... use; money by providing the crucial intermediate step eliminates the need for double coincidence of wants.

What are the difficulties from which the barter system of exchange suffers? -SST 10th

Description : What are the difficulties from which the barter system of exchange suffers? -SST 10th

Last Answer : (i) Lack of double coincidence of wants. (ii) Valuations of all the goods cannot be done easily. (iii) Certain products cannot be divided.

The oldest form of exchange--trading of products--is known as A)credit. B)buying. C)purchasing. D)barter. E)pricing.

Description : The oldest form of exchange--trading of products--is known as A)credit. B)buying. C)purchasing. D)barter. E)pricing.

Last Answer : D)barter.

What do all of the following have in common: tuition, fee, premium, retainer, dues? A)They all must be paid in cash. B)They are forms of exchange similar to, but not identical with money. C)They are forms of exchange similar to, but not identical with barter. D)They are different terms for the concept of price.

Description : What do all of the following have in common: tuition, fee, premium, retainer, dues? A)They all must be paid in cash. B)They are forms of exchange similar to, but not identical with money. ... of exchange similar to, but not identical with barter. D)They are different terms for the concept of price.

Last Answer : D)They are different terms for the concept of price.

In barter transactions, goods or services are purchased for other goods or services.

Description : In barter transactions, goods or services are purchased for other goods or services.

Last Answer : State whether the following statement are true or false with reason : In barter transactions, ... services are purchased for other goods or services.

People barter and trade goods. Economic decisions are based on customs. Economies are usually rural and farm-based. Which economic system is described by the list A. mixed B. market C. traditional D. command?

Description : People barter and trade goods. Economic decisions are based on customs. Economies are usually rural and farm-based. Which economic system is described by the list A. mixed B. market C. traditional D. command?

Last Answer : c

A Free Trade Zone is an area 1. where goods are traded free of cost 2. where goods are traded through barter 3. where there are no customs duties 4. where government controls production and distribution 5. None of these

Description : A Free Trade Zone is an area 1. where goods are traded free of cost 2. where goods are traded through barter 3. where there are no customs duties 4. where government controls production and distribution 5. None of these

Last Answer : where there are no customs duties

The rooster stands at the top of the roof. In which direction does the egg roll that is being laid?

Description : The rooster stands at the top of the roof. In which direction does the egg roll that is being laid?

Last Answer : In either direction because the rooster does not lay eggs

Which contains more protein. In the chicken or turkey breast?

Description : What is it better for a bodybuilder to consume if he needs a protein-rich diet? chicken or turkey breast?

Last Answer : Roughly the same, maybe a little more turkey breast. When bodybuilding the goal is of course to eat without skin.

(i) In the case of Public Company Limited by Shares or Guarantee, the last word should be __________

Description : (i) In the case of Public Company Limited by Shares or Guarantee, the last word should be __________

Last Answer : Complete the sentences : (i) In the case of Public Company Limited by Shares or Guarantee, the ... 9/10th of majority in favour is called __________

(i) In ancient Indian history, Secretary was referred to as Secretarius.

Description : (i) In ancient Indian history, Secretary was referred to as Secretarius.

Last Answer : State whether the following statements are True or False : (i) In ancient Indian history, ... company secretary is the oldest type of secretary.

(i) In statement of profit or loss, profit on sale of assets are _________ to closing capital.

Description : (i) In statement of profit or loss, profit on sale of assets are _________ to closing capital.

Last Answer : Fill in the Blanks : (i) In statement of profit or loss, profit on sale of assets are ... capital balance from __________ at the end of the year.

(i) In __________ Book-keeping system, only Cash/Bank A/c and Personal accounts of Debtors and Creditors are opened.

Description : (i) In __________ Book-keeping system, only Cash/Bank A/c and Personal accounts of Debtors and Creditors are opened.

Last Answer : Fill in the Blanks : (i) In __________ Book-keeping system, only Cash/Bank A/c ... ____________ accuracy is not guaranteed under Single Entry System.

(i) In the cash book of a trader Bank record the entries.

Description : (i) In the cash book of a trader Bank record the entries.

Last Answer : Do you agree or disagree with the following statements: (i) In the cash book of a trader Bank ... to deposit a cheque or cash into a bank account.

Assertion (A) : In Britain, the formation of the nation-state was not the result of a sudden upheaval. Reasoning (R) : Ethnic groups of Britain

Description : Assertion (A) : In Britain, the formation of the nation-state was not the result of a sudden upheaval. Reasoning (R) : Ethnic groups of Britain

Last Answer : Two statements are given below as Assertion (A) and Reasoning (R). Read the statement and choose the most ... (A) is false but Reasoning (R) is true.

According to ____________ concept, every business transaction has two aspects. 

Description : According to ____________ concept, every business transaction has two aspects. 

Last Answer : According to ____________ concept, every business transaction has two aspects. (a) going concerned (b) ... (c) business entity (d) dual aspects

During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry uses the same ratios b) easy because public stock price fluctuation is not sufficient or erratic enough to make a difference c) difficult because book value is adjusted in small companies as FIFO is the method of choice and in public companies’ book value is static due to LIFO d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Description : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued

Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Description : Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Last Answer : a) value of share

The act of obtaining a desired object from someone by offering something in return is called 1. Transaction 2. Exchange 3. Relationship 4. Value 5. None of these

Description : The act of obtaining a desired object from someone by offering something in return is called 1. Transaction 2. Exchange 3. Relationship 4. Value 5. None of these

Last Answer : Exchange

The act of obtaining a desired object from someone by offering something in return is called ? 1. Transaction 2. Exchange 3. Relationship 4. Value 5. none of these

Description : The act of obtaining a desired object from someone by offering something in return is called ? 1. Transaction 2. Exchange 3. Relationship 4. Value 5. none of these

Last Answer : Exchange

______ risk is the potential exchange loss from outstanding obligations as a result of exchange-rate fluctuations. A. Trade B. Exchange C. Finance D. Noncompletion E. Transaction

Description : ______ risk is the potential exchange loss from outstanding obligations as a result of exchange-rate fluctuations. A. Trade B. Exchange C. Finance D. Noncompletion E. Transaction

Last Answer : E. Transaction

Non-monetary items which are carried in terms of historical cost denominated in a foreign currency should be reported using the exchange rate at the date of the ___________ (a) Balance Sheet (b) Transaction (c) Settlement (d) None of the above

Description : Non-monetary items which are carried in terms of historical cost denominated in a foreign currency should be reported using the exchange rate at the date of the ___________ (a) Balance Sheet (b) Transaction (c) Settlement (d) None of the above

Last Answer : b) Transaction

Closing rate is the exchange rate at the close of the date on which a transaction takes place

Description : Closing rate is the exchange rate at the close of the date on which a transaction takes place

Last Answer : FALSE

A foreign currency transaction should be recorded, on initial recognition in the reporting currency, by applying to the foreign currency amount the exchange rate between the reporting currency and the foreign currency at the date of the recording.

Description : A foreign currency transaction should be recorded, on initial recognition in the reporting currency, by applying to the foreign currency amount the exchange rate between the reporting currency and the foreign currency at the date of the recording.

Last Answer : FALSE

Exchange rate is the rate at which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction.

Description : Exchange rate is the rate at which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction.

Last Answer : FALSE

In cash transaction, goods or services are exchanged for __________ 

Description : In cash transaction, goods or services are exchanged for __________ 

Last Answer : In cash transaction, goods or services are exchanged for __________ (a) other goods (b) other services (c) immediate cash (d) grains

A foreign currency transaction arises when an enterprise buys or sells goods or services whose price is denominated in the reporting currency.

Description : A foreign currency transaction arises when an enterprise buys or sells goods or services whose price is denominated in the reporting currency.

Last Answer : FALSE

Barter: if we all lived together in a flutherworld, minutes away from each other, what would you barter?

Description : Barter: if we all lived together in a flutherworld, minutes away from each other, what would you barter?

Last Answer : answer:I could teach beginners Spanish, bake some desserts, help your kids with math up through algebra, hook a rug, run some errands. What I need is a gardner, someone to cut back the bushes and trees in my ... once a month. Oh, and I need a handyman to do a little this and that around the house.

Who is Barter?

Description : Who is Barter?

Last Answer : Are you sure it’s not Barker? (As in Ma Barker of outlaw fame)

Could you Barter and survive?

Description : Could you Barter and survive?

Last Answer : answer:In the question you link to I show a certain dislike for big greedy corporations, but, im just as bad. yes I would survive well, and while i hate the system we have at the moment, i ... better or worse, well, i dont know, i dont really measure things that way. im leaning towards better.

Do you think that if the economy doesn't get back on its feet, we will resort back to a legal barter system at least partially?

Description : Do you think that if the economy doesn't get back on its feet, we will resort back to a legal barter system at least partially?

Last Answer : I have been bartering for years to some extent. You should see my pearly white veneers and the beautiful kitchen my dentist has! (Hubby is a contractor.)

What are the advantages and disadvantages of the barter system over the use of money?

Description : What are the advantages and disadvantages of the barter system over the use of money?

Last Answer : Tax avoidance

How were the difficulties of barter system overcome? -Geography

Description : How were the difficulties of barter system overcome? -Geography

Last Answer : The difficulties of barter system were overcome by the introduction of money

State three disadvantages of the barter system. -SST 10th

Description : State three disadvantages of the barter system. -SST 10th

Last Answer : . In a barter system, double coincidence of wants is required. . Here, the person is required to sell only what the other wishes to buy. . If both parties do not agree, the goods cannot be exchanged for goods.

Give an example to show that double coincidence of wants is necessary in a barter system. -SST 10th

Description : Give an example to show that double coincidence of wants is necessary in a barter system. -SST 10th

Last Answer : A shoe manufacturer wants to sell shoes in the market and buy wheat. The shoe manufacturer will first exchange shoes that he had produced for money, and then exchange the money for wheat. Imagine how ... agree to sell and buy each other's commodities. This is known as double coincidence of wants.

What is the meaning of barter system ? -SST 10th

Description : What is the meaning of barter system ? -SST 10th

Last Answer : Barter system involves exchanging goods directly with no medium like money. One good is bought for another good.

Identify the condition when both the parties in a barter economy have to agree to sell and buy each other's commodities? What is it called ? -SST 10th

Description : Identify the condition when both the parties in a barter economy have to agree to sell and buy each other's commodities? What is it called ? -SST 10th

Last Answer : The situation mentioned in case of a barter economy is called Double Coincidence of Wants.

I have to prepare a 15 page project(excluding pictures) on the topic''Evolution of money from barter system to plastic money.'' How should i do it? -SST 10th

Description : I have to prepare a 15 page project(excluding pictures) on the topic''Evolution of money from barter system to plastic money.'' How should i do it? -SST 10th

Last Answer : This answer was deleted by our moderators...

What is the barter system and double coincidence of wants ? -SST 10th

Description : What is the barter system and double coincidence of wants ? -SST 10th

Last Answer : In the olden days, when modern currency was not in vogue, people had to sell and buy each others commodities. This was called the barter system. For instance if a shoe manufacturer wants ... goods are directly exchanged without the use of money, double coincidence of wants is an essential feature.

What is the meaning of ‘barter system’? -SST 10th

Description : What is the meaning of ‘barter system’? -SST 10th

Last Answer : The exchange of goods, property, services, etc. for other goods, etc. without using money is known as ‘barter system’.

Mention three limitations of the barter system. -SST 10th

Description : Mention three limitations of the barter system. -SST 10th

Last Answer : 'This answer was deleted by our moderators...

What is Barter System ? -SST 10th

Description : What is Barter System ? -SST 10th

Last Answer : Barter is a system of exchange in which goods are directly exchanged without the use of money.

Recognize the situation when both the parties in a barter economy have to agree to sell and buy each other's commodities ? -SST 10th

Description : Recognize the situation when both the parties in a barter economy have to agree to sell and buy each other's commodities ? -SST 10th

Last Answer : This is known as double coincidence of wants.

What was commonly used to barter?

Description : What was commonly used to barter?

Last Answer : Need answer

Why was barter system replaced by coins?

Description : Why was barter system replaced by coins?

Last Answer : Need answer

A barter is an economic system based on the?

Description : A barter is an economic system based on the?

Last Answer : exchange of goods for other goods.