Statement I: In this method, the value of human resource is based on an employee's value in alternative uses. Statement II: In this method, the value of an employee is based on his opportunity cost that other departments are willing to pay for the services of an employee working in another department of the same organization a. None of the statements are true O b. Statement I is false O c. Both the statements are true O d. Statement II is false

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Statement I: In this method, the value of human resource is based on an
employee's value in alternative uses. Statement II: In this method, the
value of an employee is based on his opportunity cost that other
departments are willing to pay for the services of an employee working in
another department of the same organization
a. None of the statements are true
O b. Statement I is false
O c.
Both the statements are true
O d. Statement II is false
Transcribed Image Text:Statement I: In this method, the value of human resource is based on an employee's value in alternative uses. Statement II: In this method, the value of an employee is based on his opportunity cost that other departments are willing to pay for the services of an employee working in another department of the same organization a. None of the statements are true O b. Statement I is false O c. Both the statements are true O d. Statement II is false
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