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The employees of a company provide an important service and they contribute to the flow of economic benefits to the company, however the employees are

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The employees of a company provide an important service and they contribute to the flow of economic benefits to the company, however the employees are not reported as an asset on the balance sheet. Which of the following is correct explanation for this case, according to Conceptual Framework? Select one: O a. The accounting treatment is incorrect, however the correct treatment should not be on the balance sheet, instead they should be reported in the statement of shareholders' equity. b. The accounting treatment is correct and there are two reasons; first the company does not have full control over the employees and the amount to be reported cannot be measured reliably. O c. The accounting treatment is incorrect and it is a mistake not to report the employees on the Conceptual Framework? Select one: O a. The accounting treatment is incorrect, however the correct treatment should not be on the balance sheet, instead they should be reported in the statement of shareholders' equity. O b. The accounting treatment is correct and there are two reasons; first the company does not have full control over the employees and the amount to be reported cannot be measured reliably. O c. The accounting treatment is incorrect and it is a mistake not to report the employees on the balance sheet. O d. The accounting treatment is correct and the reason is that the employees are not physical things, such as building, machinery. Draviour na Norton

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