Accounting wgu d196 - Study guides, Class notes & Summaries
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D196 WGU 2023|24 Questions and Answers (Latest Update) Graded A+
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D196 WGU 2023|24 Questions and 
Answers (Latest Update) Graded 
A+ 
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. The company's accounting 
information will increase in value. 
Wh...
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WGU D196- Principles of Financial and Managerial Accounting COMPLETE EXAM REVIEW 2023 COURSE REQUIREMENT
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WGU D196- Principles of Financial and Managerial Accounting COMPLETE EXAM REVIEW 2023 COURSE REQUIREMENT 
 
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...
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WGU D196 Principles of Financial and Managerial Accounting – new written course requirement material 2023
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WGU D196 Principles of Financial and Managerial Accounting – new written course requirement material 2023 
 
Accounting plays a vital role in the decision-making process. Which action is the first step in the decision-making process? 
 
 
The money that a company needs to buy its land, pay its employees, and buy its supplies is called capital. What are the potential sources of capital for a business? 
 
 
 
Which primary area of accounting generates reports for internal users? 
 
 
True or Fal...
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WGU D196 Objective Assessment Prep (New 2024/ 2025 Update) Principles of Financial and Managerial Accounting | Questions and Verified Answers| 100% Correct| A Grade
- Exam (elaborations) • 36 pages • 2024
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WGU D196 Objective Assessment Prep 
(New 2024/ 2025 Update) Principles of 
Financial and Managerial Accounting | Questions and Verified Answers| 100% 
Correct| A Grade
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MANAGERIAL AND FINANCIAL ACCOUNTING WGU (D196) ACCOUNTING - A MORE DETAILED VERSION OF THE STUDY GUIDE 2024 WITH COMPLETE SOLUTION
- Exam (elaborations) • 67 pages • 2024
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MANAGERIAL AND FINANCIAL ACCOUNTING WGU (D196) ACCOUNTING - A MORE DETAILED VERSION OF THE STUDY GUIDE 2024 WITH COMPLETE SOLUTION
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WGU D196 Study Guide (New 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| A Grade
- Exam (elaborations) • 32 pages • 2024
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WGU D196 Study Guide (New 2024/ 2025 
Update) Principles of Financial and 
Managerial Accounting- Questions and 
 Verified Answers| 100% Correct| A Grade
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WGU D196 Final Exam Prep (New 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| A Grade
- Exam (elaborations) • 22 pages • 2024
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WGU D196 Final Exam Prep (New 2024/ 
2025 Update) Principles of Financial and 
Managerial Accounting- Questions 
and Verified Answers| 100% Correct| A Grade
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WGU D196 Final Exam Prep (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 19 pages • 2024
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WGU D196 Final Exam Prep (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which type of account is retained earnings? 
 
 
Answer: 
Equity 
 
 
 
Q: For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? 
 
 
Answer: 
Paying Employees 
 
 
 
Q: How does a classified balance sheet provide useful information to a decision maker? 
 
 
Answer: 
It distinguis...
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WGU D196 Accounting managerial and financial Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 22 pages • 2024
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WGU D196 Accounting managerial and financial Questions with Verified Answers
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WGU D196 Pre- Assessment V1 (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting-Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 20 pages • 2024
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WGU D196 Pre- Assessment V1 (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting-Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which type of account are accounts payable and notes payable both examples of? 
 
Liability 
Expense 
Asset 
Equity 
 
 
Answer: 
Liability 
 
 
 
Q: What is the purpose of the financial accounting cycle? 
 
To turn information about transactions into financial statements 
To gather information related to the expenses and income gene...
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