D196- Principles of Financial and Managerial Accounting /WGU D076 Finance Skills for Managers/WGU D075 Information Technology Management Essentials./ WGU D196 Pre-Assessment Q&A 2023 /D196 STUDY GUIDE/ /wgu d196 pre assessment Q&A 2023/WGU D196 QUESTIONS

Accounting - Answer- The system of recording, reporting, and summarizing past financial information and transactions. Accounts Receivable Turnover (AR Turnover) - Answer- An activity ratio found by credit sales divided by accounts receivable. Activity Ratios - Answer- A category of ratios that...

Adware - Answer- Programs that automatically display or download advertising to a computer. Application Software - Answer- Software that is designed for the user to carry out a specific task. Best Practice - Answer- A management process, technique, or method that is most effective at arriving ...

What is the effect of a company's accounting department maintaining high ethical standards? -The company can report more favorable results in its financial statements. -The company's accounting information will decrease in value. -The company can hire fewer accountants to do the same amount of ...

What is an example of direct materials? Cost of robotic equipment in making automobiles Cost of sandpaper in making wood furniture Cost of saws and hammers in constructing a house Cost of aluminum in making an airplane - Answer- Cost of aluminum in making an airplane What is the effect of a c...

Unit 2: International Accounting Standards Board (IASB) - Answer- A committee formed to develop international accounting standards. Unit 2: American Institute of Certified Public Accountants (AICPA) - Answer- A professional organization for CPAs in which membership is voluntary. *Professional San...

Absolute Cell Reference - Answer- A cell reference that remains constant when a formula is pasted into a new cell. Account - Answer- An accounting record in which the results of transactions are accumulated; shows increases, decreases, and a balance. Accounting - Answer- A system for providing...

Which is forward looking and which is backwards looking finance and accounting - Answer- finance is forward looking accounting is backwards looking 3 primary areas in finance - Answer- business finance investments financial institutions business finance - Answer- how do corporations manage...