Answered: The trend in financial management is to…

The trend in financial management is to treat expenditure on human resource as ____ a. as expense b. as liability c. as cost d. an investment

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 13MC: A responsibility center structure that considers investments made by the operating segments by using...

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Question

The trend in financial management is to treat expenditure on human resource as ____ a. as expense b. as liability c. as cost d. an investment

Approach to decide on the efficient procurement and investment of funds for the day-to-day operations of a business. Financial management aims at profit maximization, and it includes financing and capital budgeting.

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