Under IAS 18,which of These Barter Transactions Would Not Produce

question 1

Multiple Choice

Under IAS 18,which of these barter transactions would not produce revenue?

• A)a farmer exchanges a crop of carrots for seeds
• B)bullion is exchanged for finished silverware
• C)Two gas suppliers swap an identical amount of gas so that both can provide services in both locations
• D)An accountant does the tax return for a restaurant in exchange for free meals

---

Definitions:

Rate-Limiting Factor

Any chemical in limited supply that restricts the pace at which another chemical can be synthesized.

Dopamine

A neurotransmitter in the brain that plays a key role in reward, motivation, and motor control.

Tyrosine Hydroxylase

An enzyme involved in the synthesis of dopamine, a neurotransmitter crucial for movement, mood regulation, and decision-making.

Ionotropic Receptors

A type of neurotransmitter receptor that forms an ion channel pore, which opens to allow ions to pass through the cell membrane in response to the binding of a neurotransmitter.