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WGU C252 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
WGU C252 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
[Show more]WGU C252 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
[Show more]WGU C252 Practice Questions Chapter 2 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. If a government is obligated to legally report information in a manner that differs from GAAP 
a. GAAP take precedence over the legal requirements. 
b. Legal requirements take precedence over...
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Add to cartWGU C252 Practice Questions Chapter 2 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. If a government is obligated to legally report information in a manner that differs from GAAP 
a. GAAP take precedence over the legal requirements. 
b. Legal requirements take precedence over...
WGU C252 Practice Questions Chapter 12 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. Which types of funds are classified as fiduciary funds? 
a. Pension trust, private-purpose trust, and Investment Trust Funds. 
b. Pension trust, permanent trust, and Agency Funds. 
c. Pensio...
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Add to cartWGU C252 Practice Questions Chapter 12 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. Which types of funds are classified as fiduciary funds? 
a. Pension trust, private-purpose trust, and Investment Trust Funds. 
b. Pension trust, permanent trust, and Agency Funds. 
c. Pensio...
WGU C252 Governmental and Nonprofit Accounting - Retake Study Plan | 
Questions with 100% Correct Answers | Verified | Latest Update 
The primary authoritative body for determining the measurement focus and basis of accounting 
standards for governmental fund operating statements is: 
A Governmental...
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Add to cartWGU C252 Governmental and Nonprofit Accounting - Retake Study Plan | 
Questions with 100% Correct Answers | Verified | Latest Update 
The primary authoritative body for determining the measurement focus and basis of accounting 
standards for governmental fund operating statements is: 
A Governmental...
WGU C252 Practice Questions Chapter 4 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. A city's General Fund general ledger includes accounts called Estimated Revenues, 
Appropriations, 
and Encumbrances. This indicates that the city 
a. Formally integrates its budget into its...
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Add to cartWGU C252 Practice Questions Chapter 4 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. A city's General Fund general ledger includes accounts called Estimated Revenues, 
Appropriations, 
and Encumbrances. This indicates that the city 
a. Formally integrates its budget into its...
WGU C252 Governmental Accounting | 60 
Questions with 100% Correct Answers | 
Verified | Latest Update | 21 Pages 
Which Activity is aligned with the actions of a governing body of a governmental and nonprofit 
organization? 
A) Resolving differences quickly for dissatisfied constituents 
B) Ensurin...
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Add to cartWGU C252 Governmental Accounting | 60 
Questions with 100% Correct Answers | 
Verified | Latest Update | 21 Pages 
Which Activity is aligned with the actions of a governing body of a governmental and nonprofit 
organization? 
A) Resolving differences quickly for dissatisfied constituents 
B) Ensurin...
WGU C252 Practice Questions Chapter 10 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. The use of an Enterprise Fund is required by generally accepted accounting principles in each 
of the following situations except 
a. When user fees are charged for the majority of the activ...
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Add to cartWGU C252 Practice Questions Chapter 10 | 
Questions with 100% Correct Answers | 
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1. The use of an Enterprise Fund is required by generally accepted accounting principles in each 
of the following situations except 
a. When user fees are charged for the majority of the activ...
WGU C252 Practice Questions Chapter 5 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. Under the modified accrual basis, revenues are considered susceptible to accrual if 
a. Available to finance current period expenditures. 
b. Objectively measurable. 
c. Collected during the ...
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Add to cartWGU C252 Practice Questions Chapter 5 | 
Questions with 100% Correct Answers | 
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1. Under the modified accrual basis, revenues are considered susceptible to accrual if 
a. Available to finance current period expenditures. 
b. Objectively measurable. 
c. Collected during the ...
WGU C252 Practice Questions Chapter 13 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. When preparing external financial statements that are in accordance with generally accepted 
accounting principles, the minimum financial report will include 
a. Basic financial statements, ...
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Add to cartWGU C252 Practice Questions Chapter 13 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. When preparing external financial statements that are in accordance with generally accepted 
accounting principles, the minimum financial report will include 
a. Basic financial statements, ...
WGU C252 PA Questions | 60 Questions with 
100% Correct Answers | Verified | Latest 
Update 
1. Which activity is aligned with the actions of a governing body of a governmental and 
nonprofit organization? 
a. Resolving differences quickly for dissatisfied constituents 
b. Ensuring the constituents ...
Preview 2 out of 11 pages
Add to cartWGU C252 PA Questions | 60 Questions with 
100% Correct Answers | Verified | Latest 
Update 
1. Which activity is aligned with the actions of a governing body of a governmental and 
nonprofit organization? 
a. Resolving differences quickly for dissatisfied constituents 
b. Ensuring the constituents ...
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