Wgu d196 exam 2023 2024 - Study guides, Class notes & Summaries

WGU D196 - Principles of Financial and Managerial Accounting 2023-2024 100% VERIFIED A+ SCORE. bookkeeping - day to day keeping of transcations steps of decision making - identify issue gather information identify alternatives select option that most likely results in desired objective accounting - analysis of events record and report financial effects of business activities where does capital come from (3) - investors creditors(lenders) business itself (from earnings retained) 2 ...

WGU D196 - Principles of Financial and Managerial Accounting 2023-2024 100% VERIFIED A+ SCORE. bookkeeping - day to day keeping of transcations steps of decision making - identify issue gather information identify alternatives select option that most likely results in desired objective accounting - analysis of events record and report financial effects of business activities where does capital come from (3) - investors creditors(lenders) business itself (from earnings retained) 2 ...

WGU D196 Exam Questions and Answers | Latest Update Graded A+ 2023/2024. What is the effect of a company's accounting department maintaining high ethical standards? The company can hire fewer accountants to do the same amount of work. The company's accounting information will decrease in value. The company can report more favorable results in its financial statements. The company's accounting information will increase in value. ANS The company's accounting information will increase in ...

WGU D196 - Principles of Financial and Managerial Accounting 2023-2024 100% VERIFIED A+ SCORE. bookkeeping - day to day keeping of transcations steps of decision making - identify issue gather information identify alternatives select option that most likely results in desired objective accounting - analysis of events record and report financial effects of business activities where does capital come from (3) - investors creditors(lenders) business itself (from earnings retained) 2 ...

WGU D196 Exam Questions and Answers | Latest Update Graded A+ 2023/2024. For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? Distributing dividends Paying employees Buying equipment 7 / 11 Selling bonds ANS Paying employees 16. How does a classified balance sheet provide useful information to a decision maker? It distinguishes between current and long-term assets. It provides data that are not publicly disclosed. It provides da...

WGU D196 Exam Questions and Answers | Latest Update Graded A+ 2023/2024. For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? Distributing dividends Paying employees Buying equipment 7 / 11 Selling bonds ANS Paying employees 16. How does a classified balance sheet provide useful information to a decision maker? It distinguishes between current and long-term assets. It provides data that are not publicly disclosed. It provides da...

WGU D196 Exam Questions With Answers | Latest Update Graded A+ 2023/2024 | 100% Correct. A company borrowed $80,000 cash from a bank. How does this transaction affect the accounting equation of the borrowing company? Assets increase by $80,000; owners' equity increases by $80,000. Assets increase by $80,000; liabilities decrease by $80,000. Assets increase by $80,000; liabilities increase by $80,000. Assets increase by $80,000; revenues increase by $80,000. ANS Assets increase by $80,000...

WGU D196- Principles of Financial and Managerial Accounting Exam Review questions and answers latest 2023 - 2024 [100% correct answers]