TEST BANK WGU C201 BUSINESS
ACUMEN OBJECTIVE (VERSION A
AND B) EXAM NEWEST ACTUAL
EXAM WITH QUESTIONS AND
DETAILED ANSWERS GRADED A+
|100% VERIFIED |2024 UPDATE
|LATEST UPDATE!!!
FED - correct answer > who can increase and decrease the
money supply by buying and selling Treasury securities.
SEC - correct answer > Protects investors by pursuing civil
actions against businesses for violations.
statement of cash flows - correct answer > Which financial
statement provides managers a picture of cash needed for day-
to-day operations?
balance sheet - correct answer > Which financial statement is
a permanent statement?
,Statement of owner's equity and balance sheet - correct
answer > Which two financial statements would be reviewed
by potential buyers?
statement of cash flows (depreciations) - correct answer >
Depreciation is a non-cash expense on which statement?
2:1 - correct answer > Which ratio is considered satisfactory
liquidity using the liquidity ratio?
1:1 - correct answer > Which ratio is considered adequate
liquidity using the quick ratio?
$2.00 in assets for every $1.00 in liability - correct answer >
What does a calculated liquidity ratio of 2.5 indicate?
high inventory turnover ratio - correct answer > Which
indicates better performance in inventory turnover?
to gain leverage - correct answer > Why do we avoid an over-
reliance on borrowing?
, monthly - correct answer > How often do firm's prepare a cash
budget?
revenue, expense, and profit - correct answer > What does
the income statement examine?
debt ratio - correct answer > This ratio explains the leverage of
a firm.
accural - correct answer > An accounting method that
measures the performance and position of a company by
recognizing economic events regardless of when cash
transactions occur.
income statement - correct answer > what is used to build the
statement of owner's equity.
balance sheet ( as part of owner's equity) - correct answer >
what is also used to build the statement of owner's equity
Evaluating results - correct answer > Which part of the
organizing process aids in effective and efficient progress
ACUMEN OBJECTIVE (VERSION A
AND B) EXAM NEWEST ACTUAL
EXAM WITH QUESTIONS AND
DETAILED ANSWERS GRADED A+
|100% VERIFIED |2024 UPDATE
|LATEST UPDATE!!!
FED - correct answer > who can increase and decrease the
money supply by buying and selling Treasury securities.
SEC - correct answer > Protects investors by pursuing civil
actions against businesses for violations.
statement of cash flows - correct answer > Which financial
statement provides managers a picture of cash needed for day-
to-day operations?
balance sheet - correct answer > Which financial statement is
a permanent statement?
,Statement of owner's equity and balance sheet - correct
answer > Which two financial statements would be reviewed
by potential buyers?
statement of cash flows (depreciations) - correct answer >
Depreciation is a non-cash expense on which statement?
2:1 - correct answer > Which ratio is considered satisfactory
liquidity using the liquidity ratio?
1:1 - correct answer > Which ratio is considered adequate
liquidity using the quick ratio?
$2.00 in assets for every $1.00 in liability - correct answer >
What does a calculated liquidity ratio of 2.5 indicate?
high inventory turnover ratio - correct answer > Which
indicates better performance in inventory turnover?
to gain leverage - correct answer > Why do we avoid an over-
reliance on borrowing?
, monthly - correct answer > How often do firm's prepare a cash
budget?
revenue, expense, and profit - correct answer > What does
the income statement examine?
debt ratio - correct answer > This ratio explains the leverage of
a firm.
accural - correct answer > An accounting method that
measures the performance and position of a company by
recognizing economic events regardless of when cash
transactions occur.
income statement - correct answer > what is used to build the
statement of owner's equity.
balance sheet ( as part of owner's equity) - correct answer >
what is also used to build the statement of owner's equity
Evaluating results - correct answer > Which part of the
organizing process aids in effective and efficient progress
