Wgu d196 accounting exam - Study guides, Class notes & Summaries
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WGU-D196 {Accounting} Exam Review Questions & Answers
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WGU-D196 {Accounting} Exam Review Questions & Answers 
 
Sample Question & Answers: 
 
Expenses - Answer - The amount of assets consumed through business operations; The costs incurred in normal business operations to generate revenue.
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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 OA| Principles of accounting ACTUAL EXAM QUESTIONS AND ANSWERS VERSION LATEST 2024
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Jana's Jeans reported the following data: 
Total sales revenue $750,000 
Total variable costs 500,000 
Break-even in units 100,000 
 
Calculate total fixed costs when Jana's Jeans sells 100,000 pairs of jeans. 
a. 100.000 
b. 200.00 
c.230.00 
d. 250.00 
d 
CM per unit formula
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D196 WGU EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED
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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 BUNDLED exam 2023 with 100% correct answers
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WGU D196 exam 2023 with 100% correct answers
WGU D196 Principles of Financial and Managerial Accounting exam 2023 with 100% correct answers
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TEST BANK FOR WGU D196 EXAM WITH MORE THAN 250 ACTUAL EXAM QUESTIONS |WITH 100% CORRECT ANSWERS WGU D196 PRACTICE EXAM 2024 (BRAND NEW!!)
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TEST BANK FOR WGU D196 EXAM WITH MORE THAN 250 ACTUAL EXAM QUESTIONS |WITH 100% CORRECT ANSWERS WGU D196 PRACTICE EXAM 2024 (BRAND NEW!!) 
 
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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 - Correct Answer c 
 
2. Which account is a common asset account? 
A.Accounts payables 
B.Equity 
C.Accounts receivable 
D. Utilities Expense - C...
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WGU D196 - Principles of Financial and Managerial Accounting (2024) Exam Questions & Answers Graded A+
- Exam (elaborations) • 15 pages • 2024
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WGU D196 - Principles of Financial and Managerial Accounting (2024) Exam Questions & Answers Graded A+ 
 
Sample Question & Answer: 
 
what does managerial accounting review - Answer - product cost, breakeven analysis, budgeting, performance analysis, outsource production
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WGU D196 Exam Prep/ (Top 2024/2025 EXAM REVIEW PAPERS / GRADED A+/ 100% Accurate)
- Exam (elaborations) • 17 pages • 2023
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WGU D196 Exam Prep 
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 information. They use it to make intern...
-
WGU D196 Principles of Financial and Managerial Accounting Exam Review 2023| 100% Verified Answers
- Exam (elaborations) • 29 pages • 2023
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WGU D196 Principles of Financial and Managerial Accounting Exam Review 2023| 100% Verified Answers 
 
WGU D196 Principles of Financial and Managerial Accounting Exam Review 2023| 100% Verified Answers
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WGU D196- Principles of Financial and Managerial Accounting Exam Review questions and answers latest 2023 - 2024 [100% correct answers]
- Exam (elaborations) • 29 pages • 2023
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WGU D196- Principles of Financial and Managerial Accounting Exam Review questions and answers latest 2023 - 2024 [100% correct answers]
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