D196 study guide - Study guides, Class notes & Summaries

D196 STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS What is the role and purpose of accounting? CORRECT ANSWER Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? CORRECT ANSWER Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (stakeh...

D196 Study Guide with Complete Solutions What is the role and purpose of accounting? - Answer- Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? - Answer- Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (stakeholders, investo...

D196 Study Guide

WGU D196 Study Guide With Complete Solutions..

What is the role and purpose of accounting? - Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? - Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (stakeholders, investors, tax authorities, etc.) What are important influences o...

D196 Study Guide Questions and Answers Rated A What is the role and purpose of accounting? - Answer ️️ -Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? - Answer ️️ -Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (st...

WGU D196 OA PRINCIPLES OF FINANCIAL AND MANAGERIAL ACCOUNTING | STUDY QUESTIONS AND ANSWERS GRADED A+ | 2024 GUIDE WGU D196 OA PRINCIPLES OF FINANCIAL AND MANAGERIAL ACCOUNTING | STUDY QUESTIONS AND ANSWERS GRADED A+ | 2024 GUIDE

What is the role and purpose of accounting? - Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? - Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (stakeholders, investors, tax authorities, etc.) What are important influences o...

D196 Study Guide with Complete Solutions What is the role and purpose of accounting? - Answer- Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? - Answer- Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (stakeholders, investo...

What is the role and purpose of accounting? - Accounting is used to accumulate, measure, and communicate financial information about organizations. This information is used to make informed decisions regarding resource usage and allocation. Who uses accounting information and why? - Managerial Accounting: Internal decision making (managers, CEO's, supervisors, etc.) Financial Accounting: External user benefit (stakeholders, investors, tax authorities, etc.)