One approach to human asset valuation is ____________.
A)attempts to assign a dollar value to each employee's contribution to the company's profit
B)uses cost centers
C)creates cash budgets
D)requires outside auditors to monitor employee performances

Question

Quizplus · Accepted Answer

Human asset valuation that attempts to assign a dollar value to each employee's contribution to the company's profit is one approach to measuring the value of human assets. This approach considers the individual employee's skills, experience, and productivity to assess their contribution to the organization's financial performance. This information can be used to make informed decisions about employee compensation and reward systems, as well as to identify areas for improvement in areas such as employee training and development. Cost centers, cash budgets, and outside auditors do not specifically relate to human asset valuation.

One Approach to Human Asset Valuation Is ____________