Which one of the following approaches of human resource accounting was suggested by Brummet Flamholtz and Pyle?

Correct option is B

The historical cost approach is an accounting method that values assets and liabilities at their original cost, adjusted for depreciation or amortization over time. Under this approach, the cost of an asset is the amount paid to acquire it, including all expenses related to its acquisition, such as taxes, freight, and installation costs.
Human resource accounting was first suggested by Eric Flamholtz and Yvonne Rittenberry in the early 1970s. Later on, Flamholtz collaborated with R. William Pyle and together they further developed the concept of human resource accounting