Wgu c213 2023 exam Study guides, Class notes & Summaries
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WGU C213 FINAL EXAM(QUESTIONS AND ANSWERS) 2023/2024
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WGU C213 FINAL EXAM(QUESTIONS 
AND ANSWERS) 2023/2024 
Order of assets listed on the balance sheet - CORRECT ANSWER-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...
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WGU C213 Object Assessment Accounting for Decision Makers 2023/ 2024 Exam |Actual Questions and Verified Answers | A Grade
- Exam (elaborations) • 37 pages • 2023
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WGU C213 Object Assessment Accounting for Decision Makers 2023/ 2024 Exam |Actual Questions and Verified Answers | A Grade 
 
Q: Which of the following is NOT a reason for the integration of worldwide accounting standards? 
 
Answer: 
 the theoretical necessity of a common set of accounting standards 
 
 
Q: The International Accounting Standards Board (IASB) is charged with developing worldwide accounting practices? 
 
Answer: 
 True 
 
 
Q: With the current state of information technology, in...
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WGU C213 Object Assessment Accounting for Decision Makers Exam (Latest 2023/ 2024) |Real Questions and Verified Answers | Grade A
- Exam (elaborations) • 42 pages • 2023
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WGU C213 Object Assessment Accounting 
for Decision Makers Exam (Latest 2023/ 
2024) |Real Questions and Verified Answers | 
Grade A 
 
QUESTION 
Which of the following is NOT one of the four general types of financial statement notes? 
 
Answer: 
 Supplementary information required by the Internal Revenue Service 
 
 
QUESTION 
Which of the following is an example of a significant accounting policy that would be explained 
in the notes to the financial statements? 
 
Answer: 
 The metho...
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WGU C213 Final Exam,Object Assessment ,Pre-Assessment : Accounting for Decision Makers Exams |Real Questions and Verified Answers | A Grade (Latest 2023/ 2024 UPDATES BUNDLED TOGETHER) Package deal
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WGU C213 Final Exam,Object Assessment ,Pre-Assessment : Accounting for Decision Makers Exams |Real Questions and Verified Answers | A Grade (Latest 2023/ 2024 UPDATES BUNDLED TOGETHER)

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WGU C213 Final Exam 2023 Questions and Answers (Graded A+)
- Exam (elaborations) • 13 pages • 2023
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WGU C213 Final Exam 2023 Questions and Answers (Graded A+) 
 
Order of assets listed on the balance sheet - ANSWER-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 intang...
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Final Exam: WGU C213 (Latest 2023/ 2024) Accounting for Decision Makers | Questions and Verified Answers | 100% Correct
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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 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions and Answers (2022/2023) Verified///WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions and Answers (2022/2023) Verified
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions and Answers (2022/2023) Verified///WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions and Answers (2022/2023) Verified
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WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2023 / 2024) (Verified Answers)
- Exam (elaborations) • 14 pages • 2022
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WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2023 / 2024) (Verified Answers) 
 
WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2023 / 2024) (Verified Answers)
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WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2022-2023) (Verified Answers)
- Exam (elaborations) • 35 pages • 2023
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WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2022-2023) (Verified Answers)
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WGU C213 Accounting for Decision Makers Exam Questions and Answers Latest (2023 / 2024) (Verified Answers)
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WGU C213 Accounting for Decision Makers Exam Questions and Answers Latest (2023 / 2024) (Verified Answers)
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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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