C214 oa quick - Study guides, Class notes & Summaries
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C214 OA Quick Review Exam with 100% Correct Answers 2023
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ncome Statement - Correct answer-Shows all revenues received and all expenses 
incurred over a specific period of time 
(NI = Revenue - Expenses) 
Statement of Retained Earnings - Correct answer-(RE = Beginning RI + NI - Dividends) 
Over a specific period of time. 
Balance Sheet - Correct answer-One of the three main financial statements. It is a 
snapshot of 
the firm's assets, liabilities, and equity at any point in time. 
Balance Sheet Equation - Correct answer-(Assets = Liabilities + Owner...
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C214 OA Quick Review
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Income Statement - Answer- Shows all revenues received and all expenses incurred over a specific period of time 
(NI = Revenue - Expenses) 
 
Statement of Retained Earnings - Answer- (RE = Beginning RI + NI - Dividends) 
Over a specific period of time. 
 
Balance Sheet - Answer- One of the three main financial statements. It is a snapshot of 
the firm's assets, liabilities, and equity at any point in time. 
 
Balance Sheet Equation - Answer- (Assets = Liabilities + Owner's Equity) 
(Equity = A...
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Financial Management (C214) - PA/C214 OA Quick Review/C214 Financial Management Questions And Answers/C214 - Financial Management/WGU C214 Concepts Only Multi Choice Version
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Financial Management (C214) - PA/C214 OA Quick Review/C214 Financial Management Questions And Answers/C214 - Financial Management/WGU C214 Concepts Only Multi Choice Version
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WGU C214 OA Q&A Checklist questions and answers CORRECT!!!
- Exam (elaborations) • 5 pages • 2024
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WGU C214 OA Q&A Checklist questions and answers CORRECT!!! 
 
 
Which will be larger: accrual taxes payable or accounting income tax expense - Accounting tax expense will be higher; actual taxes based on IRS rules will be lower 
Which financial ratios measure "efficiency"? - Asset turnover and Fixed Asset turnover 
Which ratio is the best measure of a firm's ability to pay bills? - Quick Ratio 
Which decision requires using subjective estimates? - Economic life of a new asset 
Wha...
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Package deal for WGU C214 Financial Mgmt Pass the OA Exam with 100% Correct Answers 2023
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C214 OA Quick Review Exam with 100% Correct Answers 2023
WGU C214 Pre-Assessment Exam with 100% Correct Answers 2023
C214 Final Exam Questions with 100% Correct Answers 2023
C214 Financial Management Overview Concept Quiz Answers 2023
WGU C214 OA Q&A 2023
WGU C214 Financial Management Fast and Furious Exam with 100% Correct Answers 2023

Too much month left at the end of the money?
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WGU C214 OA Financial Management Exam Questions and Answers (2024 / 2025) | 100% Correct Verified Answers Grade A+
- Exam (elaborations) • 8 pages • 2024
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WGU C214 OA Financial Management Exam Questions and Answers (2024 / 2025) | 100% Correct Verified Answers Grade A+ 
 
1)	How does a good credit rating from S&P and Moody's affect the firm? - CORRECT Lowers the cost of financing. a credit downgrade increases the cost of financing 
 
2)	If a firm's risk-return line is above the market risk-return line, what happens? - CORRECT The firm's stock price will increase to reduce it expected return to the market level 
 
3)	Which will be larger: accrua...
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WGU C214 OA Q&A Checklist questions and answers CORRECT!!!
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
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- $12.99
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WGU C214 OA Q&A Checklist questions 
and answers CORRECT!!! 
Which will be larger: accrual taxes payable or accounting income tax expense - 
Accounting tax expense will be higher; actual taxes based on IRS rules will be lower 
Which financial ratios measure "efficiency"? - Asset turnover and Fixed Asset turnover 
Which ratio is the best measure of a firm's ability to pay bills? - Quick Ratio 
Which decision requires using subjective estimates? - Economic life of a new asset 
What is the yield...
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WGU C214 OA Question and Answers Checklist | all answers provided
- Exam (elaborations) • 9 pages • 2022
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- $8.99
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WGU C214 OA Q&A Checklist 
 
Which will be larger: accrual taxes payable or accounting income tax expense Correct Answer: Accounting tax expense will be higher; actual taxes based on IRS rules will be lower 
 
Which financial ratios measure "efficiency"? Correct Answer: Asset turnover and Fixed Asset turnover 
 
Which ratio is the best measure of a firm's ability to pay bills? Correct Answer: Quick Ratio 
 
Which decision requires using subjective estimates? Correct Answer: Economic life ...
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