Under Historical Approach of valuation of human resources, the value of human resources is shown in the financial statement at the:

A. Capitalised value of salary and wages payable in a year by the concern

B. Capitalised value of salary and wages payable in a year by competitive concerns

C. Capitalised value of the amount spent on recruitment, Training and development of employees

D. Capitalised value of security money placed by employees

Answer: Option C