Human resources are:
A) Valuable to the business but not owned or fully controlled by the business and as such not reportable as part of the wealth of the business
B) Valuable to the business and recorded in the statement of financial position
C) Valuable to the business but not recorded because they are difficult to quantify

Question

Quizplus · Accepted Answer

C  Human resources are valuable to a business but are not owned or fully controlled by it, making them non-reportable as assets. They are also difficult to quantify, so they are not recorded in financial statements.

Human Resources Are