The value of human resources is generally not shown in the Balance Sheet as per _______________.

Going concern concept

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Accrual concept

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Prudence concept

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Money Measurement concept

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Solution

The correct option is A Money Measurement concept
The value of human resources is generally not shown in the balance sheet as per money measurement concept. Money measurement concept means only those transactions will be recorded in the books of accounts which can be measured in monetary terms. Accounting ignore the qualitative aspects it records only quantitative aspects.

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Human resources will not appear in the balance sheet according to ___ concept.

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