D196 all - Study guides, Class notes & Summaries
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WGU D196 ADVANCED PATHOPHARMACOLOGICAL FOUNDATIONS UPDATED ON APRIL 12 2024 (RASMUSSEN COLLEGE)
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WGU D196 ADVANCED PATHOPHARMACOLOGICAL 
FOUNDATIONS UPDATED ON APRIL 12 2024 
(RASMUSSEN COLLEGE) 
Liabilities - correct answers-An obligation to pay cash, transfer other assets, or provide 
services to someone. 
A) Liabilities are what we OWE. 
B) Common Liabilities: 
-) Accounts Payable 
-) Taxes Payable 
-) Mortgage Payable 
-) Unearned Revenue 
What is the role and purpose of accounting ? - correct answers-Role: To help track 
income and expenditures, and to provide investors, management, an...
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D196 WGU Exam Questions and Answers 100% Pass
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D196 WGU Exam Questions and 
Answers 100% Pass 
What is the role and purpose of accounting ? - Answer- Role: To help track income and 
expenditures, and to provide investors, management, and government with financial 
information. 
Purpose: To accumulate, measure, and communicate financial information about 
businesses and other organizations. 
· Who uses accounting information and why? - Answer- Potential investors and 
creditors use accounting information, but basically everyone uses accounti...
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WGU D196 Questions and Answers 100% Pass
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WGU D196 Questions and Answers 100% Pass 
1. Which budget should include all production costs other than those for direct materials and 
direct labor? 
A.Sales budget 
B.Direct materials budget 
C.Manufacturing overhead budget 
D. Production budget - Answer ️️ -c 
2. Which account is a common asset account? 
A.Accounts payables 
B.Equity 
C.Accounts receivable 
D. Utilities Expense - Answer ️️ -c 
3 .On which financial statement would you see the valuation of a company's asset accounts?...
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WGU D196 Questions and Answers 100% Pass
- Exam (elaborations) • 24 pages • 2024
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WGU D196 Questions and Answers 100% Pass 
1. Which budget should include all production costs other than those for direct materials and 
direct labor? 
A.Sales budget 
B.Direct materials budget 
C.Manufacturing overhead budget 
D. Production budget - Answer ️️ -c 
2. Which account is a common asset account? 
A.Accounts payables 
B.Equity 
C.Accounts receivable 
D. Utilities Expense - Answer ️️ -c 
3 .On which financial statement would you see the valuation of a company's asset accounts?...
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D196 WGU EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED
- Exam (elaborations) • 18 pages • 2024
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D196 WGU EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 
 
What is the role and purpose of accounting ? 
Role: To help track income and expenditures, and to provide investors, management, and government with financial information. 
Purpose: To accumulate, measure, and communicate financial information about businesses and other organizations. 
· Who uses accounting information and why? 
Potential investors and creditors use accounting information, but basically everyone uses accounting inform...
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WGU D196 Questions and Answers
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WGU D196 Questions and Answers 
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 quantitative, financial information about 
economic entities that is useful for making sound economic decisions. Accounting provides the 
means of r...
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WGU D196 Pre-Assessment Practice Questions and Answers
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WGU D196 Pre-Assessment Practice 
Questions and Answers 
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 work. 
-The company's accounting information will increase in value. - ANSWER-The company's accounting 
information will increase in ...
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D196 WGU Questions and Answers with Verified Solutions
- Exam (elaborations) • 15 pages • 2024
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D196 WGU Questions and Answers with 
Verified Solutions 
What is the role and purpose of accounting ? - Answer ️️ -Role: To help track income and 
expenditures, and to provide investors, management, and government with financial information. 
Purpose: To accumulate, measure, and communicate financial information about businesses and 
other organizations. 
· Who uses accounting information and why? - Answer ️️ -Potential investors and creditors 
use accounting information, but basically ...
-
WGU D196 Questions and Answers 100% Pass
- Exam (elaborations) • 24 pages • 2024
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WGU D196 Questions and Answers 100% Pass 
1. Which budget should include all production costs other than those for direct materials and 
direct labor? 
A.Sales budget 
B.Direct materials budget 
C.Manufacturing overhead budget 
D. Production budget - Answer ️️ -c 
2. Which account is a common asset account? 
A.Accounts payables 
B.Equity 
C.Accounts receivable 
D. Utilities Expense - Answer ️️ -c 
3 .On which financial statement would you see the valuation of a company's asset accounts?...
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D196-Principles of Financial & Managerial Accounting Exam Questions and Answers 100% Pass
- Exam (elaborations) • 20 pages • 2024
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D196-Principles of Financial & Managerial Accounting 
Exam Questions and Answers 100% Pass 
A cell reference that remains constant when a formula is pasted into a new cell - 
Answer- Absolute Cell Reference 
An accounting record in which the results of transactions accumulated; shows 
increases, decreases, and a balance. - Answer- Account 
A system for providing quantitative, financial information about economic entities that is 
useful for making sound economic decisions. Accounting provides th...
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