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Do think people should be treated and reflected as an asset

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Problem 1: Knowledge of management accounting is of utmost importance to the Managers of a business, but knowing financial accounting is of little use. Instead, that aspect is only relevant for the accounting department. Do you agree with the statement? Explain Why?

Problem 2: There is a constant debate to identify and recognise human capital in business as 'assets' by deriving a figure that can be included on the balance sheet. Do you think people should be treated and reflected as an asset in the balance sheet?

Reference no: EM132992545

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