Economics · Human Resource Accounting
What is the correct sequence of steps involved in the 'Net Benefit Model' of Human Resource Accounting? (A) The gross value of services to be rendered in future by the employees in their individual as well as collective capacity is determined. (B) The excess of the value of future human resources over the value of future payments is ascertained. (C) The present value of the net benefit is determined by applying a pre-determined discount rate. (D) The value of future payments to the employees is determined. (E) The amount calculated under 'C' will be the value of human resources to the organisation. Choose the correct sequence from the options given below:
- 1(B), (A), (C), (D), (E)
- 2(A), (C), (D), (B), (E)
- 3(A), (B), (C), (D), (E)
- 4(A), (D), (B), (C), (E)✓
Correct answer
(A), (D), (B), (C), (E)
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