Wgu c213 pa - Study guides, Class notes & Summaries

WGU C213 PA & OA Study Guide Questions and Answers (2023 / 2024) (Verified Answers)

WGU C213 PA & OA Study Guide with question and answers What does accounting focus on? The impact a business's activities have on its overall financial performance Which report summarizes cash collections and cash expenditures from operating, investing, and financing activities over a period of time? Statement of cash flows Which users would have a primary concern with an organization's ability to provide healthcare benefits? Employees Which benefit does a corporation ga...

What does accounting focus on? - ANSWER-The impact a business's activities have on its overall financial performance Which report summarizes cash collections and cash expenditures from operating, investing, and financing activities over a period of time? - ANSWER-Statement of cash flows Which users would have a primary concern with an organization's ability to provide healthcare benefits? - ANSWER-Employees Which benefit does a corporation gain by following Generally Accepted Accounti...

WGU C213 PA & OA Study Guide 2022/2023 Verified Answers. WGU C213 PA & OA Study Guide 2022/2023 1. 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 perio...

WGU C213 PA & OA Study Guide 2022/2023 Verified Answers

WGU C213 PA & OA Study Guide 2022/2023 Verified Answers

WGU C213 PA & OA Study Guide 2022/2023 Verified Answers. 1. Which of the following is the most correct definition of accounting(answer) A system for providing quantitative information, primarily financial in nature, abouteconomic entities that is intended to be useful in making economic decision

Order of assets listed on the balance sheet 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, and intangibles. Current assets are listed before long-term assets. Current...

WGU C213 Pre-assessment (Accounting) 2024 Questions and Answers 100% Pass What does accounting focus on? - 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. - Answer- The impact a business's activities on its overall financial performance. Which report sum...

WGU C213 PA & OA Study Guide 2022/2023 Verified Answers. WGU C213 PA & OA Study Guide 2022/2023 1. 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 N...