One of the issues with the barter system is the lack of units of accounting items.
A
True
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
False
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A True In a barter system, the value of an item is based on its availability and importance. It was very hard to compare and exchange it for a comparable amount with other items.