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WGU D196 Pre- Assessment Version 1 (New 2024/ 2025 Update) Principles of Financial and Managerial Accounting-Questions and Verified Answers| 100% Correct| A Grade $10.99   Add to cart

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WGU D196 Pre- Assessment Version 1 (New 2024/ 2025 Update) Principles of Financial and Managerial Accounting-Questions and Verified Answers| 100% Correct| A Grade

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WGU D196 Pre- Assessment Version 1 (New 2024/ 2025 Update) Principles of Financial and Managerial Accounting-Questions and Verified Answers| 100% Correct| A Grade

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  • August 31, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • wgu d196 pre assessment
All documents for this subject (31)
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ace_it
WGUID196IPre-IAssessmentIVersionI1I
(NewI2024/I2025IUpdate)IPrinciplesIofI
FinancialIandIManagerialIAccounting-
QuestionsIandIVerifiedIAnswers|I100%I
Correct|IAIGradeI

QUESTION
IWhatIshouldIbeIconsideredIwhenIdevelopingIaImeasureItoIevaluateItheIperformanceIofIaIma
nager?
OnlyIcentralizedIcosts
OnlyIindirectIcosts
OnlyInoncontrollableIcosts
OnlyIcontrollableIcosts


Answer:
OnlyIcontrollableIcosts




QUESTION
IInIsomeIcompanies,ItheIperformanceImeasuresIforIprofitIcenterImanagersIareIheavilyIinfluen
cedIbyIcostIallocationsIdownwardIfromIorganizationalIunitsI(suchIasIcompanyIheadquarters).
WhyIisIthisIaImistake?
DirectIcostsIshouldInotIbeIincludedIinItheIperformanceIevaluationImeasureIofIaIprofitIcenterI
manager.
UncontrollableIcostsIshouldInotIbeIincludedIinItheIperformanceIevaluationImeasureIofIaIprofit
IcenterImanager.
RevenuesIshouldInotIbeIincludedIinItheIperformanceIevaluationImeasureIofIaIprofitIcenterIma
nager.
ControllableIcostsIshouldInotIbeIincludedIinItheIperformanceIevaluationImeasureIofIaIprofitIce
nterImanager.

,Answer:
UncontrollableIcostsIshouldInotIbeIincludedIinItheIperformanceIevaluationImeasureIofIaIprofit
IcenterImanager.




QUESTION
IWhichIbudgetIshouldIincludeItheIexpectedIcostIofIsuppliesIusedIbyItheIofficeIstaffIofItheIcor
porateIheadquarters?
SalesIbudget
DirectImaterialsIbudget
ProductionIbudget
AdministrativeIexpenseIbudget


Answer:
AdministrativeIexpenseIbudget




QUESTION
IWhichIitemsIareIuncontrollable,IexternalIvariablesIthatImakeIitIdifficultItoIforecastItheIlevelI
ofIsales?
SellingIpriceIandIsalesIeffort
CustomerItastesIandIeconomicIconditions


Answer:
CustomerItastesIandIeconomicIconditions




QUESTION
IWhatIisItheIcorrectIsequenceIofIbudgetsIinIaImanufacturingIbusiness?
Sales,IdirectImaterials,Iproduction
DirectImaterials,Isales,Iproduction
Production,IdirectImaterials,Isales
Sales,Iproduction,IdirectImaterials


Answer:

, Sales,Iproduction,IdirectImaterials




QUESTION
IWhichItypeIofIbusinessIorganizationIhasIaImajorIfocusIonIdirectImaterials,IdirectIlabor,IandI
overhead?
Manufacturing
Service
Retail
Merchandising


Answer:
Manufacturing




QUESTION
IWhatIareItheIthreeIprimaryIfunctionsIthatIcompanyImanagersIuseImanagerialIaccountingIinfo
rmationIfor?

Planning,Icontrolling,IandIevaluating
Operating,Iinvesting,IandIfinancing
Borrowing,Irepaying,IandIlending
Reporting,Iallowing,IandInegotiating


Answer:
Planning,Icontrolling,IandIevaluating




QUESTION
IWhatIisItheIproperIaccountingIforIaIproductIcost?
RecordIasIanIinventoryIcostIuntilItheIitemIisIsold
RecordIimmediatelyIasIanIexpense
RecordIasIaIliabilityIonItheIbalanceIsheet
RecordIasIaIfinancingIcashIflow

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