According to the Text,intellectual Capital Is the Difference Between the Market

question 91

Multiple Choice

According to the text,intellectual capital is the difference between the market value and the book value of a firm.Intellectual capital can be increased by

• A) increasing retention of below average workers.
• B) attracting and retaining knowledgeable workers.
• C) decreasing labor costs.
• D) increasing the turnover of employees.

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Definitions:

Condensed Income Statement

A simplified income statement that presents only key revenue and expense items, ignoring detailed breakdowns.

Discontinuance

The act of ending or terminating a business operation or the production of a product line.

Current Year

The present calendar or fiscal year in which a company operates and reports financial transactions.

Opportunity Cost

The benefit foregone by choosing one alternative over another.