Name the concept under which the skills or quality of the management team is not disclosed in the financial statements.

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Rishana PP

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Money measurement concept.It says that only the information related to money is recorded in business and no qualitative information is recorded. The skill, quality etc of management and workers is not recorded as its not quantitative or cannot be expressed in terms of money
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Three concepts that is mponey measurement concept, historical concept and materilaity concept; make it impossible for an accoountant to measure and account for the skills and quality of management team. However the specialised area of Human Resource Accounting, deals with the skills, tarining, capabilities...
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Three concepts that is mponey measurement concept, historical concept and materilaity concept; make it impossible for an accoountant to measure and account for the skills and quality of management team. However the specialised area of Human Resource Accounting, deals with the skills, tarining, capabilities and quakity of not only management but of the toatl human resource of the organization. read less
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