WGU D196 Financial and Managerial Accounting Pre-Assessment Bundle, VERIFIED.

WGU D196 Exam Prep What is the role and purpose of accounting ? - Role: To help track income and expenditures, and to provide investors, management, and government with financial information. Purpose: To accumulate, measure, and communicate financial information about businesses and other org...

WGU D196 Financial and Managerial Accounting Pre-Assessment What is an example of direct materials? Cost of robotic equipment in making automobiles Cost of sandpaper in making wood furniture Cost of saws and hammers in constructing a house Cost of aluminum in making an airplane -Cost of alumin...

WGU D196 Pre-Assessment Questions & Answers What is the effect of a company's accounting department maintaining high ethical standards? -The company can report more favorable results in its financial statements. -The company's accounting information will decrease in value. -The company can h...

WGU D196 Pre-Assessment What is a transaction? -Two parties exchanging something of value What is the effect of a company's accounting department maintaining high ethical standards? - The company's accounting information will increase in value. Why might employees be interested in their compan...

WGU D196 PA Questions & Answers 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 r...