WGU C214 OA EXAM LATEST 2024-2025 ACTUAL
EXAM 200 QUESTIONS AND CORRECT ANSWERS
WITH RATIONALES (VERIFIED ANSWERS)
|AGRADE
Terms in this set (222)
An analyst is comparing b
the ratios of two firms and
needs to address
accounting differences.
What would be
considered an accounting
difference between the
two firms?
A. The firms have different
auditors
B. The firms use different
inventory methods
C. The firms have different
fiscal years
D. The firms are in different
industries
,An analyst is comparing c
the ratios of two firms and
needs to address
accounting differences.
What would be
considered an accounting
difference between two
firms?
A. The firms are in
different industries
B. The firms have different
auditors
C. The firms use different
inventory methods
D. The firms have different
fiscal years
Auction markets have a T
physical location. (T/F)
A basic equation for the a
balance sheet is:
a. Equity = Assets -
Liabilities
b. Liabilities = Equity +
Assets
c. Assets = Liabilities -
Equity
d. Assets = Equity -
Liabilities
,A basic equation for the a
balance sheet is:
a. Equity = Assets -
Liabilities
b. Liabilities = Equity +
Assets
c. Assets = Liabilities -
Equity
d. Assets = Equity -
Liabilities
Because in an efficient T
market all available
information is built into the
price of a stock -
investment patterns and
trends to "get rich quickly"
are not easily discernable
and it is difficult to predict
the price
The bid-ask spread is T
compensation to the
specialist for providing
liquidity to the market.
(T/F)
Capital is defined as a T
financial asset. (T/F)
, Company A has a high b
degree of business risk.
What will be the effect on
the company's EBIT if the
company suffers a slight
decrease in sales?
A. Large increase in EBIT
B. Large decrease in EBIT
C. Small decrease in EBIT
D. Small increase in EBIT
Company A offers trade c
credit of 2% 10 / net 30
and Company B offers
trade credit at net 30.
What can be said about
the credit policies of each
company?
a. Company B has a looser
credit policy
b. Company A keeps more
of its Accounts Receivable
c. Company A can attract
more customers
d. Company B can attract
more customer
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