All of the Following Are True About Bartering EXCEPT

question 14

Multiple Choice

All of the following are true about bartering EXCEPT:

• A) bartering can be a dignified and honorable form of payment for those who are cash poor but talented in other ways.
• B) bartering is a healthy norm in many cultures.
• C) bartering is illegal and unethical.
• D) bartering can be part of a clearly articulated treatment plan; like other interventions,bartering must be considered in light of the client's needs,desires,situation,and cultural background.

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Definitions:

Tangible Asset

Physical assets that can be touched and have a finite monetary value, such as buildings, machinery, and equipment.

Property, Plant, Equipment

Property, plant, and equipment (PP&E) are long-term tangible assets that are used in the operations of a business and are subject to depreciation.

Disposal

The process of disposing an asset by selling, exchanging, retiring it, or by destroying it.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money or other consideration.