WGU ACCOUNTING C213 (CHAPTER 1) 2025/2026 EXAM QUESTIONS AND ANSWERS | 100% PASS

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WGU ACCOUNTING C213 (CHAPTER 1)
2025/2026 EXAM QUESTIONS AND
ANSWERS | 100% PASS



The emphasis in financial accounting is on which of the following external user

groups?




· Investors and creditors

· Educators

· Management


· Certified public accountants - 🧠 ANSWER ✔✔Investors and creditors


The primary internal group that uses accounting information is




· Investors

· Government agencies

· Management


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· Competitors - 🧠 ANSWER ✔✔Management


Which of the following is NOT an external user of financial information?




Competitors

Customers

Suppliers


Management - 🧠 ANSWER ✔✔Management


Internal reports are generally used by




Suppliers

Lenders

Management


Employee - 🧠 ANSWER ✔✔Management


Which of the following is NOT true of the Financial Accounting Standards Board

(FASB)?




COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED