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Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
               When the cost incurred on recruiting, training and developing the employees is considered for determining the value of employees, it is called    

    A)  The replacement cost approach   

    B)  The historical cost approach

    C)  The opportunity cost approach  

    D)  None of the above       

    Correct Answer: B

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