WGU D196 COMPREHENSIVE EXAM
SCRIPT VERIFIED QUESTIONS COMPLETE
ANSWERS GRADED APLUS
◉ Managing Cash Flow
Answer:
◉ Why is the net cash for December negative while total sales for
December are the highest out of the months from October through
December?
December general and administrative expenses are expected to be
much higher.
Credit sales are disproportionately low wiith respect to total sales
compared to other months.
December cash use is disproportionally high with respect to total
sales compared to other months.
Total cash available does not reflect December sales because there
was a high volume of credit sales.
Answer: Total cash available does not reflect December sales
because there was a high volume of credit sales.
,◉ How can Whole Pine avoid having negative net cash flows in
December?
Postpone purchasing the new equipment and do not pay cash
dividends to shareholders.
Promote cash sales with the goal of having $230,000 in cash sales
and only $210,000 in credit sales.
Instead of paying for credit purchases of inventory a month after the
purchase, pay two months after the purchase.
Collect 50% of the credit sales in the month of credit sales and 30%
in the month following the credit sales.
You Selected
Promote cash sales with the goal of having $230,000 in cash sales
and only $210,000 in credit sales.
Instead of paying for credit purchases of inventory a month after the
purchase, pay two months after the purchase.
Collect 50% of the credit sales in the month of credit sales and 30%
in the month following the credit sales.
Answer: Postpone purchasing the new equipment and do not pay
cash dividends to shareholders.
◉ What is an example of a financial cost that would result from poor
direct labor budgeting and planning?
, Delayed cash collections from credit customers
Excessive inventory storage costs
Increased hiring, training, and overtime costs
Increased depreciation costs for facilities
Answer: Increased hiring, training, and overtime costs
◉ What does a manager have control over in a cost center?
Revenues
Dividends
Assets
Costs
Answer: Costs
◉ What should be considered when developing a measure to
evaluate the performance of a manager?
Only centralized costs
Only indirect costs
Only noncontrollable costs
Only controllable costs
Answer: Only controllable costs
SCRIPT VERIFIED QUESTIONS COMPLETE
ANSWERS GRADED APLUS
◉ Managing Cash Flow
Answer:
◉ Why is the net cash for December negative while total sales for
December are the highest out of the months from October through
December?
December general and administrative expenses are expected to be
much higher.
Credit sales are disproportionately low wiith respect to total sales
compared to other months.
December cash use is disproportionally high with respect to total
sales compared to other months.
Total cash available does not reflect December sales because there
was a high volume of credit sales.
Answer: Total cash available does not reflect December sales
because there was a high volume of credit sales.
,◉ How can Whole Pine avoid having negative net cash flows in
December?
Postpone purchasing the new equipment and do not pay cash
dividends to shareholders.
Promote cash sales with the goal of having $230,000 in cash sales
and only $210,000 in credit sales.
Instead of paying for credit purchases of inventory a month after the
purchase, pay two months after the purchase.
Collect 50% of the credit sales in the month of credit sales and 30%
in the month following the credit sales.
You Selected
Promote cash sales with the goal of having $230,000 in cash sales
and only $210,000 in credit sales.
Instead of paying for credit purchases of inventory a month after the
purchase, pay two months after the purchase.
Collect 50% of the credit sales in the month of credit sales and 30%
in the month following the credit sales.
Answer: Postpone purchasing the new equipment and do not pay
cash dividends to shareholders.
◉ What is an example of a financial cost that would result from poor
direct labor budgeting and planning?
, Delayed cash collections from credit customers
Excessive inventory storage costs
Increased hiring, training, and overtime costs
Increased depreciation costs for facilities
Answer: Increased hiring, training, and overtime costs
◉ What does a manager have control over in a cost center?
Revenues
Dividends
Assets
Costs
Answer: Costs
◉ What should be considered when developing a measure to
evaluate the performance of a manager?
Only centralized costs
Only indirect costs
Only noncontrollable costs
Only controllable costs
Answer: Only controllable costs