Definition of an asset, Would ‘human assets' meet the conventional definition of an asset, Accounting Basics

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Definition of an asset

Response to the following problem:

In recent years there have been attempts to place a value on the ‘human assets' of a business in order to derive a figure that can be included on the balance sheet. Do you think humans should be treated as assets? Would ‘human assets' meet the conventional definition of an asset for inclusion on the balance sheet?

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Accounting Basics: Definition of an asset

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Accounting Basics: Definition of an asset

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