True / False :

1. The information generated through HRA can help for making decisions.

A. True

B. False

2. Human Resource is more concerned with planning area of accounting.

A. True

B. False

3. The information generated through HRA can help for making decisions in the area of formulating policies and programs for the development of human resources.

A. True

B. False

4. The information generated through HRA can help for making a choice between various type of human investment and investment in other assets.

A. True

B. False

5. The information generated through HRA can help for making decisions regarding cost reduction programs.

A. True

B. False

6. Many companies world-over are making HRA as a necessary element on their income statements.

A. True

B. False

7. The French Ministry of Business and Industry has issued a directive that with effect from the trading year 2005, all companies registered in France will be required to include in their annual reports information on customers, processes and human capital.

A. True

B. False

8. In the annual reports of all companies registered in Denmark, figures for investment in intellectual capital must be shown and compared with the last year.

A. True

B. False

9. In India, there are few companies like BHEL, Infosys and Reliance Industries, which have implemented HRA and a lot are working on it.

A. True

B. False

10. Until now, many efforts are to be made in gaining popularity in the application of human Resource accounting.

A. True

B. False

11. The HRA concept itself represents a new way of thinking about people as liabilities.

A. True

B. False

12. HR Accounting is not needed to provide effective & efficient management within the organization.

A. True

B. False

13. If there is any change in the structure of manpower, it is financial accounting which provides information on it to the management.

A. True

B. False

14. HRA provides qualitative information & also assess the cost incurred in personnel.

A. True

B. False

15. The return on Investment on human capital is best evaluated through cost accounting.

A. True

B. False

16. HRA communicates to the organization & public about the worth of human resources & also its proper allocation within the organization.

A. True

B. False

17. HRA helps the management in developing principles by classifying the financial consequences of the various practices.

A. True

B. False

18. HRA allows management personnel to monitor effectively the use of human resources.

A. True

B. False

19. Managerial Accounting provides a sound and effective basis of human asset control, that is, whether the asset is appreciated, depleted or conserved.

A. True

B. False

20. Advantages of HRA include : HRA can lead to dehumanization.

A. True

B. False

21. No specific and clear-cut guidelines is one advantage of HRA.

A. True

B. False

22. Among the objectives of HRA that it communicates the worth of human resource.

A. True

B. False

23. Among the objectives of HRA that it helps in creating Goodwill.

A. True

B. False

24. Advantages of HRA include: HRA brings high losses.

A. True

B. False

25. Limitations of HRA include: HRA throws light on the strength and weaknesses of the existing workforce.

A. True

B. False

26. Not easy to value human asset is one of the limitations of HRA.

A. True

B. False

27. Attracts best human resources is one of the limitations of HRA.

A. True

B. False

28. One of the advantages of HRA is to provide different methods of testing.

A. True

B. False

29. One of the advantages of HRA is that HRA is full of measurement problem.

A. True

B. False

30. Life of a human being is uncertain is one important limitation of HRA.

A. True

B. False