Question

Are humans an asset?

Answer 1

Explanation:

People are not assets like tangible fixed assets such as equipment. People cannot be owned. ... If they are assets, people are intangible assets. In the industrial age, the gross domestic product was largely driven by tangible asset investments that appear on balance sheets - equipment, buildings and land.

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Answer 2

Answer:

From a strictly financial accounting perspective, the human being is a liability, NOT an asset. Our equipment is an asset because it can be converted into cash. The human being is a current obligation or expense.

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