Examlex
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.
Infant Sucking
A reflex action in newborns and infants for feeding and comfort, involving the rhythmic drawing into the mouth and suction of liquids.
Learned Behaviors
Actions or reactions that individuals acquire through experience and interaction with the environment.
Homeostasis
Homeostasis is the process by which a living organism or cell maintains a stable internal environment despite changes in external conditions.
Staying The Same
Maintaining an unchanged state or position over a period of time.
Q7: Treasury stock should be reported<br>A)as a current
Q16: Thomson Company's income statement for the year
Q21: Golden Construction Company uses the percentage-of-completion method
Q44: Which of the following would be considered
Q50: Knowledgeable users of financial statements recognize that
Q59: Which of the following will result if
Q70: The lessor capitalizes initial direct costs associated
Q78: If goods shipped FOB destination are in
Q80: See Teeming Company information above.If Teeming determines
Q110: Under the indirect method,the adjustments to net