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[Show more]WGU C213 Accounting for Decision Makers (CORRECT ANSWERS)2022Accounting 
the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status 
 
 
 
Bookkeeping 
the preservation of a systemat...
Preview 2 out of 7 pages
Add to cartWGU C213 Accounting for Decision Makers (CORRECT ANSWERS)2022Accounting 
the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status 
 
 
 
Bookkeeping 
the preservation of a systemat...
WGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC correctly answered 2022What does accounting focus on? 
The impact a business's activities have on its overall financial performance 
 
 
 
Which report summarizes cash collections and cash expenditures from operating, investing, and fina...
Preview 2 out of 13 pages
Add to cartWGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC correctly answered 2022What does accounting focus on? 
The impact a business's activities have on its overall financial performance 
 
 
 
Which report summarizes cash collections and cash expenditures from operating, investing, and fina...
WGU C213 questions with correct answers 2022Accounting 
A system of providing "quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions." 
 
 
Balance Sheet 
Document which reports the resources of a company (the as...
Preview 4 out of 31 pages
Add to cartWGU C213 questions with correct answers 2022Accounting 
A system of providing "quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions." 
 
 
Balance Sheet 
Document which reports the resources of a company (the as...
C213 WGU, Key Points correctly answered 2022/2023Debt Ratio 
Total Liabilities/Total Assets 
 
 
Current Ratio 
Current Assets/Current Liabilities. Only need a balance sheet. 
 
 
 
 
 
00:42 
01:30 
Return on Sales 
Net Income/Sales. Only need income statement 
 
 
Asset Turnover 
Sales/Total Asset...
Preview 2 out of 6 pages
Add to cartC213 WGU, Key Points correctly answered 2022/2023Debt Ratio 
Total Liabilities/Total Assets 
 
 
Current Ratio 
Current Assets/Current Liabilities. Only need a balance sheet. 
 
 
 
 
 
00:42 
01:30 
Return on Sales 
Net Income/Sales. Only need income statement 
 
 
Asset Turnover 
Sales/Total Asset...
5x sold
WGU C213 Final Exam (verified answers 2022)Order of assets listed on the balance sheet 
 
Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a comp...
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Add to cartWGU C213 Final Exam (verified answers 2022)Order of assets listed on the balance sheet 
 
Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a comp...
WGU C213 Accounting questions with complete solution 2022Accounting 
A system of providing "quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions." 
 
 
 
Accounting Equation 
Assets = Liabilities + Owners' Equi...
Preview 2 out of 15 pages
Add to cartWGU C213 Accounting questions with complete solution 2022Accounting 
A system of providing "quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions." 
 
 
 
Accounting Equation 
Assets = Liabilities + Owners' Equi...
WGU c213 test question well answered 2022Accounting 
the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status 
 
 
 
Bookkeeping 
the preservation of a systematic, quantitative rec...
Preview 2 out of 7 pages
Add to cartWGU c213 test question well answered 2022Accounting 
the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status 
 
 
 
Bookkeeping 
the preservation of a systematic, quantitative rec...
C213 Accounting for Decision Makers-2 WGU questions & answers 2022Understanding of a business increases as one associates the individual asset, liability, and equity accounts with the underlying business activities that give rise to them. T/F 
True 
 
 
 
Assets and liabilities are generally classif...
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Add to cartC213 Accounting for Decision Makers-2 WGU questions & answers 2022Understanding of a business increases as one associates the individual asset, liability, and equity accounts with the underlying business activities that give rise to them. T/F 
True 
 
 
 
Assets and liabilities are generally classif...
C213 Accounting for Decision Makers-3 WGU LATEST UPDATEThe statement of cash flows provides information that is not readily apparent by looking at just the balance sheet and the income statement. T/F 
True 
 
 
 
Cash flows are partitioned into what three categories? 
operating, investing, and finan...
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Add to cartC213 Accounting for Decision Makers-3 WGU LATEST UPDATEThe statement of cash flows provides information that is not readily apparent by looking at just the balance sheet and the income statement. T/F 
True 
 
 
 
Cash flows are partitioned into what three categories? 
operating, investing, and finan...
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