What process measures the present cost and value of human resources as well as their future worth to the organization?

The correct choice is human resource accounting because this process specifically focuses on measuring the current cost and value of human resources as well as projecting their future worth to the organization. Human resource accounting provides a framework for capturing the economic value of employees, including how their skills and contributions translate into organizational performance and profitability.

This approach facilitates better decision-making regarding workforce investments and helps organizations understand the impact of their human capital on overall success. By evaluating the financial aspects of human resources, businesses can gain insights into workforce productivity, retention costs, and the potential return on investment associated with hiring and developing employees.

The other choices, while related to human resources, do not emphasize the financial measurement of human capital in the same way. Human resource evaluation and personnel management focus more on assessing employee performance and overseeing various HR functions, while human capital assessment often pertains to evaluating employee skills or competencies without necessarily linking them to financial metrics.