The barter system is a form of trading in which goods are exchanged directly for other goods without the use of money or as an intermediary, without a medium of exchange. The invention of money supplemented the barter system by providing a nonperishable medium of exchange.
Answer:
D
Explanation:
ERP , an acronym for Enterprise resource Planning is a system adopted by organization to integrate different parts of the business either in real time or through software.
It has so many advantages towards business growth as well as limitations.
Of the listed options in the question ,the only exception to its limitation is that it may require procedures and reports to be standardized across business units, This is more of benefit than limitation.
Answer:
The correct answer is letter "C": Technological; social.
Explanation:
Performance management is the approach practiced by high-rank executives within an organization to provide employees with the right tools so they can perform their duties efficiently. The approach does not only involve giving workers ultimate technology but also training so they learn how to use the tools and feedback to improve their performance. The practice combines then technological resources with interpersonal activities that are likely to boost employees' efficiency and commitment.
Answer:
True
Explanation:
Work in process refers to those goods which require further processing. When a department transfers work in process(WIP) to another department, the recipient department's stock of WIP is debited i.e debit the receiver principle.
Similarly work in process that is being transferred out of a department would be recorded like Purchase return i.e credit what goes out.
A debit in WIP account increases it's balance whereas a credit in WIP account reduces it's balance.
Answer:
a. was largely driven by the desire for expanded overseas trade
Explanation:
