Accounting · Human Resource Accounting
In Human Resource Accounting, how is the value of human resources determined under the Opportunity Cost Approach?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By assigning predetermined values based on the hierarchical positions of employees within the organization
- 2By estimating the current national cost required to acquire and train a new employee as a replacement
- 3By conducting internal bidding among investment center managers to acquire scarce personnel✓
- 4By calculating the total historical expenses incurred in the recruitment, training, and development of the employee
Correct answer
By conducting internal bidding among investment center managers to acquire scarce personnel
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