WGU D196 PRE-ASSESSMENT
QUESTIONS WITH 100% CORRECT
ANSWERS!!
1 of 60
Term
For purposes of cash flow classification in the statement of cash
flows, which item is an operating activity?
Give this one a try later!
Selling land Buying equipment
Selling merchandise Paying employees
, Don't know?
2 of 60
Term
What is a transaction?
Give this one a try later!
Two parties exchanging services Two parties sharing information
without value without exchange
Two parties One party receiving goods without
exchanging payment
something of value
Don't know?
3 of 60
Term
Which action would make the profitability of the company in 20X9
the same as in 20X7?
Give this one a try later!
Increasing the proportion of net Decreasing the proportion of sales
income to sales by 3% to marketing costs by 4%
, Increasing the proportion
of gross profit to sales by Reducing the proportion of
about 2% operating expenses to sales by 5%
Don't know?
4 of 60
Term
In some companies, the performance measures for profit center
managers are heavily influenced by cost allocations downward from
organizational units (such as company headquarters).
Why is this a mistake?
Give this one a try later!
Uncontrollable costs
should not be included in Internal costs should be the sole
the performance focus of a profit center manager's
evaluation evaluation.
measure of a profit center
manager.
Controllable costs should be
excluded from the performance Fixed costs should be the primary
evaluation of a profit center measure of a profit center
manager. manager's performance.
Don't know?
, 5 of 60
Term
Which items are uncontrollable, external variables that make it
difficult to forecast the level of sales?
Give this one a try later!
Marketing strategies and Customer tastes and
advertising campaigns economic conditions
Internal production capacity and Supplier relationships and
employee morale distribution logistics
Don't know?
6 of 60
Term
Which overhead allocation method should be used for a business
that mass-produces breakfast cereal?
Give this one a try later!
Process costing Abc costing
Variable costing Standard costing
QUESTIONS WITH 100% CORRECT
ANSWERS!!
1 of 60
Term
For purposes of cash flow classification in the statement of cash
flows, which item is an operating activity?
Give this one a try later!
Selling land Buying equipment
Selling merchandise Paying employees
, Don't know?
2 of 60
Term
What is a transaction?
Give this one a try later!
Two parties exchanging services Two parties sharing information
without value without exchange
Two parties One party receiving goods without
exchanging payment
something of value
Don't know?
3 of 60
Term
Which action would make the profitability of the company in 20X9
the same as in 20X7?
Give this one a try later!
Increasing the proportion of net Decreasing the proportion of sales
income to sales by 3% to marketing costs by 4%
, Increasing the proportion
of gross profit to sales by Reducing the proportion of
about 2% operating expenses to sales by 5%
Don't know?
4 of 60
Term
In some companies, the performance measures for profit center
managers are heavily influenced by cost allocations downward from
organizational units (such as company headquarters).
Why is this a mistake?
Give this one a try later!
Uncontrollable costs
should not be included in Internal costs should be the sole
the performance focus of a profit center manager's
evaluation evaluation.
measure of a profit center
manager.
Controllable costs should be
excluded from the performance Fixed costs should be the primary
evaluation of a profit center measure of a profit center
manager. manager's performance.
Don't know?
, 5 of 60
Term
Which items are uncontrollable, external variables that make it
difficult to forecast the level of sales?
Give this one a try later!
Marketing strategies and Customer tastes and
advertising campaigns economic conditions
Internal production capacity and Supplier relationships and
employee morale distribution logistics
Don't know?
6 of 60
Term
Which overhead allocation method should be used for a business
that mass-produces breakfast cereal?
Give this one a try later!
Process costing Abc costing
Variable costing Standard costing
