In terms of financial capital, which of the following does NOT apply?

Human resources does not apply in terms of financial capital because financial capital typically refers to the funds that are available for use in the production of goods or services. This includes monetary assets such as stocks and bonds, currency held in bank accounts, and the inventory of goods, which can be converted into cash or are valued in financial terms.

Human resources, on the other hand, pertains to the people involved in the organization and their skills, knowledge, and experiences. Though human resources are critical for organizational success and contribute to financial performance, they are not considered financial capital because they do not directly translate into monetary value or financial assets. Instead, they represent an essential non-financial asset that can enhance an organization’s productivity and operational effectiveness.