Certain Assets Currently Are Omitted from the Balance Sheet

question 34

Essay

Certain assets currently are omitted from the balance sheet.For example,the value of the human resources of the firm are not reported.Nevertheless,investors and others might greatly benefit from a knowledge of the extent to which human assets have increased or decreased during a given period.Values certainly may be attributed to individuals or groups based on their ability to render future economic services.A major issue is the method that should be employed in measuring human assets.
Identify some possible ways of measuring human resources.

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Definitions:

Schnoodle

A breed of dog that is a cross between a Schnauzer and a Poodle, known for its friendly disposition and hypoallergenic coat.

Labradoodle

A hybrid breed of dog created by crossing a Labrador Retriever and a Poodle, known for its friendly nature and hypoallergenic coat.

Video Recorder

An electronic device that records video in a digital or analog form.

Aluminum Foil

A thin sheet of aluminum material used commonly for packaging, insulation, and cooking.