Accounting - Study Mode
[#2611] Assertion (A) Human resource accounting is the measurement of the cost and value of people to the organisation. Reason (R) Human resource accounting involves measuring costs incurred by the, organisations to recruit, select, hire, train and develop employees and judge their economic value to the organisation.
Correct Answer
(C) (A) is true, but (R) is false
[#2612] Premium on redemption of debentures account, until redeemed, is shown in-
Correct Answer
(D) Long-term provisions
[#2613] Double Account system is applicable to:
Correct Answer
(D) Public utility concern
[#2614] What is the meaning of book keeping?
Correct Answer
(A) Recording in preliminary books
[#2615] "Book keeping is an art of recording of business and other transactions in monetary terms." This definition has been given by
Correct Answer
(A) Spicer and Pegler