Exam wgu c213 accounting Study guides, Class notes & Summaries
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Final Exam: WGU C213 (Latest 2023/ 2024) Accounting for Decision Makers | Questions and Verified Answers | 100% Correct
- Exam (elaborations) • 67 pages • 2023
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Final Exam: WGU C213 (Latest 2023/ 2024) 
Accounting for Decision Makers | Questions 
and Verified Answers | 100% Correct 
 
QUESTION 
The approach to preparing a statement of cash flows that adjusts net income to cash flows from 
operations is the? 
 
Answer: 
Indirect Method 
 
 
QUESTION 
Which of the following statements best describes financial statement analysis? 
 
Answer: 
Financial statement analysis involves relationships and trends. 
 
 
QUESTION 
Which of the following is...
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WGU C213 Accounting for Decision Makers 2023/ 2024 Exam | Questions and Verified Answers | A Grade
- Exam (elaborations) • 77 pages • 2023
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WGU C213 Accounting for Decision Makers 2023/ 2024 Exam | Questions and Verified Answers | A Grade 
 
Q: What is the cost to maintain Central Park? 
 
Opportunity cost: How much rent could the City of New York get by subleasing some of the Central Park land? 
 
 
 
Q: Which of the following is NOT true of period costs? 
 
 
Answer: 
They may appear on the balance sheet as inventory. 
 
 
 
Q: The Zig-Zag Company manufactures zippers for many clothing manufacturers. Costs for the year were direct...
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WGU C213 ACCOUNTING FOR DECISION MAKERS LATEST EXAM QUESTIONS AND CORRECT ANSWERS 2022- 2024
- Exam (elaborations) • 38 pages • 2023
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WGU C213 ACCOUNTING FOR 
DECISION MAKERS LATEST 
EXAM QUESTIONS AND 
CORRECT ANSWERS 2022- 
2024 
Status: Passed 
1. 
What does accounting focus on? 
YOUR 
ANSWER 
CORRECT 
ANSWER 
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 
2. 
Which report summarizes cash colle...
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WGU C213 Pre- Assessment Accounting for Decision Makers 2023/ 2024 Exam |Actual Questions and Verified Answers | A Grade
- Exam (elaborations) • 26 pages • 2023
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WGU C213 Pre- Assessment Accounting for Decision Makers 2023/ 2024 Exam |Actual Questions and Verified Answers | A Grade 
 
Q: A furniture company using accrual accounting purchased 20 sofas in November 2011. In December 2011, 8 of the 20 sofas were sold to customers. The customers all signed contracts agreeing to pay half the amount owed in February 2012 and the remaining half in March 2012. At the time of sale, the company was reasonably sure the customers would pay the amount owed. 
 
The fu...
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WGU C213 Accounting Final Exam 2022/2023 Verified Answers.
- Exam (elaborations) • 21 pages • 2022
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WGU C213 Accounting Final Exam 2022/2023 Verified Answers. 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 NOT a key component of the definition of accounting(answer) 
Qualitative...
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Package deal for WGU C213 Accounting Exam With 100% Correct Answers 2023
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WGU C213 Accounting Exam With 100% Correct Answers 2023
WGU C213 Accounting For Decision Makers-2 Exam With 100% Correct Answers 2023
WGU C213 Accounting Topic 9 Questions With 100% Correct Answers 2023
WGU-C213-Chapter Two Exam With 100% Correct Answers 2023
WGU C213 Balance Sheet Questions With 100% Correct Answers 2023

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WGU C213 Accounting for Decision Makers Final Exam (Latest 2023/ 2024) | Questions and Verified Answers | 100% Correct
- Exam (elaborations) • 61 pages • 2023
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WGU C213 Accounting for Decision Makers Final Exam (Latest 2023/ 2024) | Questions and Verified Answers | 100% Correct 
 
Q: Given the following information, compute operating income - 
Cost of Goods Sold $2,000 
Extraordinary Item -170 
Income Taxes 350 
Interest Expense 200 
Operating Expenses 1,500 
Sales 5,500 
 
 
Answer: 
Correct Answer $2,000 
 
$5,500 - $2,000 - $1,500 = $2,000 
 
 
 
Q: Given the following information, compute comprehensive income - 
Extraordinary Loss -80 
Income Taxe...
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WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2022/2023) 100% Verified Answers
- Exam (elaborations) • 53 pages • 2022
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WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2022/2023) 100% Verified Answers
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WGU C213 Final Exam Accounting For Decision Makers Questions and ASnswers 2022/2023 (Verified Answers)
- Exam (elaborations) • 39 pages • 2022
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WGU C213 Final Exam Accounting For Decision Makers Questions and ASnswers 2022/2023 (Verified Answers) Which of the following activities would internal auditors NOT typically 
perform in a large company?: Detect fraud 
Evaluate internal controls 
*Prepare the primary financial statements 
Assist with increasing the efficiency of operation 
2. Correct Answer: $3,800 
Beginning cash balance: 
x + $309,800 - $118,000 - $190,000 = $5,600 
x = $3,800: The following financial information is available ...
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WGU C213 Accounting For Decision Makers Exam With 100% Correct Answers 2023
- Exam (elaborations) • 7 pages • 2023
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WGU C213 Accounting For Decision Makers Exam With 100% Correct Answers 2023
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