The arguments against recognising heritage assets in a financial sense include:

Question

Quizplus · Accepted Answer

Determination of control over heritage assets can be problematic as many of these assets are considered to be inalienable and are often under the control of public or non-profit organizations, which may not have a profit-oriented approach to management. As a result, it may be difficult to attach a financial value to these assets. Options A and B are incorrect as they argue in favor of recognizing heritage assets in a financial sense, while option D is incorrect as there is a growing demand for financial information on heritage assets, particularly from investors who are interested in socially responsible investing.

The Arguments Against Recognising Heritage Assets in a Financial Sense