Human resource valuation and accounting structure


Question 1: Define the term human resource accounting. What are its main objectives?

Question 2: List out the advantages derived from the human resource accounting.

Question 3: Describe the various techniques of human resource accounting. Which one of them will you propose for adoption in your country under the prevailing conditions?

Question 4: Differentiate between:

a) Historical cost model and replacement cost model.
b) Replacement cost model and opportunity cost model.

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HR Management: Human resource valuation and accounting structure
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