Package deal
WGU C252 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
WGU C252 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
[Show more]WGU C252 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
[Show more]WGU C252 Practice Questions Chapter 2 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. If a government is obligated to legally report information in a manner that differs from GAAP 
a. GAAP take precedence over the legal requirements. 
b. Legal requirements take precedence over...
Preview 2 out of 8 pages
Add to cartWGU C252 Practice Questions Chapter 2 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. If a government is obligated to legally report information in a manner that differs from GAAP 
a. GAAP take precedence over the legal requirements. 
b. Legal requirements take precedence over...
WGU C252 Practice Questions Chapter 12 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. Which types of funds are classified as fiduciary funds? 
a. Pension trust, private-purpose trust, and Investment Trust Funds. 
b. Pension trust, permanent trust, and Agency Funds. 
c. Pensio...
Preview 2 out of 6 pages
Add to cartWGU C252 Practice Questions Chapter 12 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. Which types of funds are classified as fiduciary funds? 
a. Pension trust, private-purpose trust, and Investment Trust Funds. 
b. Pension trust, permanent trust, and Agency Funds. 
c. Pensio...
WGU C252 Governmental and Nonprofit Accounting - Retake Study Plan | 
Questions with 100% Correct Answers | Verified | Latest Update 
The primary authoritative body for determining the measurement focus and basis of accounting 
standards for governmental fund operating statements is: 
A Governmental...
Preview 2 out of 15 pages
Add to cartWGU C252 Governmental and Nonprofit Accounting - Retake Study Plan | 
Questions with 100% Correct Answers | Verified | Latest Update 
The primary authoritative body for determining the measurement focus and basis of accounting 
standards for governmental fund operating statements is: 
A Governmental...
WGU C252 Practice Questions Chapter 4 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. A city's General Fund general ledger includes accounts called Estimated Revenues, 
Appropriations, 
and Encumbrances. This indicates that the city 
a. Formally integrates its budget into its...
Preview 2 out of 9 pages
Add to cartWGU C252 Practice Questions Chapter 4 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. A city's General Fund general ledger includes accounts called Estimated Revenues, 
Appropriations, 
and Encumbrances. This indicates that the city 
a. Formally integrates its budget into its...
WGU C252 Governmental Accounting | 60 
Questions with 100% Correct Answers | 
Verified | Latest Update | 21 Pages 
Which Activity is aligned with the actions of a governing body of a governmental and nonprofit 
organization? 
A) Resolving differences quickly for dissatisfied constituents 
B) Ensurin...
Preview 3 out of 21 pages
Add to cartWGU C252 Governmental Accounting | 60 
Questions with 100% Correct Answers | 
Verified | Latest Update | 21 Pages 
Which Activity is aligned with the actions of a governing body of a governmental and nonprofit 
organization? 
A) Resolving differences quickly for dissatisfied constituents 
B) Ensurin...
WGU C252 Practice Questions Chapter 10 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. The use of an Enterprise Fund is required by generally accepted accounting principles in each 
of the following situations except 
a. When user fees are charged for the majority of the activ...
Preview 2 out of 12 pages
Add to cartWGU C252 Practice Questions Chapter 10 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. The use of an Enterprise Fund is required by generally accepted accounting principles in each 
of the following situations except 
a. When user fees are charged for the majority of the activ...
WGU C252 Practice Questions Chapter 5 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. Under the modified accrual basis, revenues are considered susceptible to accrual if 
a. Available to finance current period expenditures. 
b. Objectively measurable. 
c. Collected during the ...
Preview 2 out of 10 pages
Add to cartWGU C252 Practice Questions Chapter 5 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. Under the modified accrual basis, revenues are considered susceptible to accrual if 
a. Available to finance current period expenditures. 
b. Objectively measurable. 
c. Collected during the ...
WGU C252 Practice Questions Chapter 13 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. When preparing external financial statements that are in accordance with generally accepted 
accounting principles, the minimum financial report will include 
a. Basic financial statements, ...
Preview 2 out of 8 pages
Add to cartWGU C252 Practice Questions Chapter 13 | 
Questions with 100% Correct Answers | 
Verified | Latest Update 
1. When preparing external financial statements that are in accordance with generally accepted 
accounting principles, the minimum financial report will include 
a. Basic financial statements, ...
WGU C252 PA Questions | 60 Questions with 
100% Correct Answers | Verified | Latest 
Update 
1. Which activity is aligned with the actions of a governing body of a governmental and 
nonprofit organization? 
a. Resolving differences quickly for dissatisfied constituents 
b. Ensuring the constituents ...
Preview 2 out of 11 pages
Add to cartWGU C252 PA Questions | 60 Questions with 
100% Correct Answers | Verified | Latest 
Update 
1. Which activity is aligned with the actions of a governing body of a governmental and 
nonprofit organization? 
a. Resolving differences quickly for dissatisfied constituents 
b. Ensuring the constituents ...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller EmilyCharlene. Stuvia facilitates payment to the seller.
No, you only buy these notes for $45.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
79271 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now