Accounting · Human Resource Accounting
Which of the following statements are correct regarding Prof. N. Dasgupta's Total Cost Method of human resource valuation? I. It calculates an individual's value based on the total cost incurred by the individual, the state, and the organization in preparing them for suitable employment. II. It proposes that to accurately assess a nation's human resources, the valuation must comprehensively include both employed and unemployed individuals. III. It recommends disclosing human resources in the balance sheet by showing Human Assets on both the assets and the liabilities sides. IV. It asserts that the practical application of the model is highly straightforward because abstract factors are easily expressed in precise monetary terms. Choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, III and IV Only
- 2I, II and III Only✓
- 3II, III and IV Only
- 4I, II and IV Only
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I, II and III Only
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