Wgu c213 accounting Study guides, Class notes & Summaries
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WGU C213 FINAL EXAM(QUESTIONS AND ANSWERS) 2023/2024
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WGU C213 FINAL EXAM(QUESTIONS 
AND ANSWERS) 2023/2024 
Order of assets listed on the balance sheet - CORRECT ANSWER-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 company can quickly convert a short-term investment into cash). 
Accounts receivable would be listed next followed by inventory, and long-term 
investments, fixed assets...
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WGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC Accurate 100% COMPLETE EXAM BUNDLE
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WGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC Accurate 100% COMPLETE EXAM BUNDLEWGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC Accurate 100% COMPLETE EXAM BUNDLEWGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC Accurate 100% COMPLETE EXAM BUNDLEWGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC
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WGU C213 Accounting for Decision Makers Final/ WGU C213 Pre- Assessment/ WGU C213 Object Assessment Exams (Latest 2023/ 2024 UPDATES STUDY BUNDLE) | Questions and Verified Answers | 100% Correct
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WGU C213 Accounting for Decision Makers Final/ WGU C213 Pre- Assessment/ WGU C213 Object Assessment Exams (Latest 2023/ 2024 UPDATES STUDY BUNDLE) | Questions and Verified Answers | 100% Correct
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WGU C213 Object Assessment Accounting for Decision Makers 2023/ 2024 Exam |Actual Questions and Verified Answers | A Grade
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WGU C213 Object Assessment Accounting for Decision Makers 2023/ 2024 Exam |Actual Questions and Verified Answers | A Grade 
 
Q: Which of the following is NOT a reason for the integration of worldwide accounting standards? 
 
Answer: 
 the theoretical necessity of a common set of accounting standards 
 
 
Q: The International Accounting Standards Board (IASB) is charged with developing worldwide accounting practices? 
 
Answer: 
 True 
 
 
Q: With the current state of information technology, in...
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WGU C213 Accounting for Decision Makers 2023/ 2024 Exam | Questions and Verified Answers | A Grade
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WGU C213 Accounting for Decision Makers 2023/ 2024 Exam | Questions and Verified Answers | A Grade 
 
Q: What is the cost to maintain Central Park? 
 
Opportunity cost: How much rent could the City of New York get by subleasing some of the Central Park land? 
 
 
 
Q: Which of the following is NOT true of period costs? 
 
 
Answer: 
They may appear on the balance sheet as inventory. 
 
 
 
Q: The Zig-Zag Company manufactures zippers for many clothing manufacturers. Costs for the year were direct...
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WGU C213 Accounting for Decision Makers Final Exam (Latest 2023/ 2024) | Questions and Verified Answers | 100% Correct
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WGU C213 Accounting for Decision Makers Final Exam (Latest 2023/ 2024) | Questions and Verified Answers | 100% Correct 
 
Q: Given the following information, compute operating income - 
Cost of Goods Sold $2,000 
Extraordinary Item -170 
Income Taxes 350 
Interest Expense 200 
Operating Expenses 1,500 
Sales 5,500 
 
 
Answer: 
Correct Answer $2,000 
 
$5,500 - $2,000 - $1,500 = $2,000 
 
 
 
Q: Given the following information, compute comprehensive income - 
Extraordinary Loss -80 
Income Taxe...
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WGU C213 Object Assessment Accounting for Decision Makers Exam (Latest 2023/ 2024) |Real Questions and Verified Answers | Grade A
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WGU C213 Object Assessment Accounting 
for Decision Makers Exam (Latest 2023/ 
2024) |Real Questions and Verified Answers | 
Grade A 
 
QUESTION 
Which of the following is NOT one of the four general types of financial statement notes? 
 
Answer: 
 Supplementary information required by the Internal Revenue Service 
 
 
QUESTION 
Which of the following is an example of a significant accounting policy that would be explained 
in the notes to the financial statements? 
 
Answer: 
 The metho...
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WGU C213 ACCOUNTING FOR DECISION MAKERS LATEST EXAM QUESTIONS AND CORRECT ANSWERS 2022- 2024
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WGU C213 ACCOUNTING FOR 
DECISION MAKERS LATEST 
EXAM QUESTIONS AND 
CORRECT ANSWERS 2022- 
2024 
Status: Passed 
1. 
What does accounting focus on? 
YOUR 
ANSWER 
CORRECT 
ANSWER 
The impact a business's activities have on its relationships with customers 
The impact a business's activities have on the environment 
The impact a business's activities have on its public image 
The impact a business's activities have on its overall financial performance 
2. 
Which report summarizes cash colle...
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WGU C213 Accounting for Decision Makers Exam Questions and Answers Latest (2023 / 2024) (Verified Answers)
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WGU C213 Accounting for Decision Makers Exam Questions and Answers Latest (2023 / 2024) (Verified Answers)
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WGU C213 Accounting Final Exam 2022/2023 Verified Answers.
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WGU C213 Accounting Final Exam 2022/2023 Verified Answers. Which of the following is the most correct definition of 
accounting(answer) A system for providing quantitative information, primarily 
financial in nature, about economic entities that is intended to be useful in 
making economic decisions 
2. What is NOT typically true of accounting information(answer) The 
information relates to future time periods. 
3. Which is NOT a key component of the definition of accounting(answer) 
Qualitative...
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WGU C213 Accounting for Decision Makers -POST AND PRE TEST COMPLETED Questions & Answers (100% VERIFIED answers outlined!!) 2023/2024...ALL FILES BUNDLED TOGETHER !!!
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WGU C213 Accounting for Decision Makers -POST AND PRE TEST COMPLETED Questions & Answers (100% VERIFIED answers outlined!!) 2023/2024...ALL FILES BUNDLED TOGETHER !!!
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WGU C213 Accounting for Decision Makers Exam 2023 Full Solution Pack (Rated A)
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WGU C213 Accounting for Decision Makers Exam 2023 Full Solution Pack (Rated A)WGU C213 Accounting for Decision Makers Exam 2023 Full Solution Pack (Rated A)
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