WGU D774 Intro to Business Accounting OA - Objective
Assessment 70 Exam Questions and 100% Correct Answers
Latest 2025/2026 Update.
Why would a company's employees be directly interested in the
To confirm whether the company
has reported all of the income
required according to income tax
regulations
, To deine whether the company will To assess the current
be profitable enough to repay its profitability of the company, its
loans on schedule performance, and its liquidity
2
What is contained in Securities and Exchange Commission Form
10-K?
Quarterly unaudited financial Timely disclosure of significant
statements corporate events
Annual audited financial Annual report of the salaries of top
statements management
3
Which measure is one of the most common activity levels used
when trying to understand how costs change in relation to
changes in activity level?
,Nice work!
Level of mixed costs Number of units produced
Number of period cost units Level of product cost
4
Which information can be learned by looking at trends in
variances?
Awesome!
Which specific costs,
Which changes in selling prices can
expenses, and revenues are
attract more customers
getting better or worse
Which marketing campaign will
Which suppliers can be attracted by
result in increased sales of high-
an increase in cash discounts
priced items
5
, Alliah Company’s financial records include these accounts at the
end of the year.
Land
Accounts Receivable
Buildings
Inventory
Loans Payable
Accounts Payable
Retained Earnings
Capital Stock (also called Paid-in Capital)
Cash
Which set of items is a complete listing of Alliah’s current assets?
Excellent!
Cash, retained earnings, and capital
Cash, inventory, and capital stock
stock
Cash, accounts receivable,
Cash, buildings, and land
and inventory
6
Which question can be answered by looking at trends in cost
variances?
You've got this!
Assessment 70 Exam Questions and 100% Correct Answers
Latest 2025/2026 Update.
Why would a company's employees be directly interested in the
To confirm whether the company
has reported all of the income
required according to income tax
regulations
, To deine whether the company will To assess the current
be profitable enough to repay its profitability of the company, its
loans on schedule performance, and its liquidity
2
What is contained in Securities and Exchange Commission Form
10-K?
Quarterly unaudited financial Timely disclosure of significant
statements corporate events
Annual audited financial Annual report of the salaries of top
statements management
3
Which measure is one of the most common activity levels used
when trying to understand how costs change in relation to
changes in activity level?
,Nice work!
Level of mixed costs Number of units produced
Number of period cost units Level of product cost
4
Which information can be learned by looking at trends in
variances?
Awesome!
Which specific costs,
Which changes in selling prices can
expenses, and revenues are
attract more customers
getting better or worse
Which marketing campaign will
Which suppliers can be attracted by
result in increased sales of high-
an increase in cash discounts
priced items
5
, Alliah Company’s financial records include these accounts at the
end of the year.
Land
Accounts Receivable
Buildings
Inventory
Loans Payable
Accounts Payable
Retained Earnings
Capital Stock (also called Paid-in Capital)
Cash
Which set of items is a complete listing of Alliah’s current assets?
Excellent!
Cash, retained earnings, and capital
Cash, inventory, and capital stock
stock
Cash, accounts receivable,
Cash, buildings, and land
and inventory
6
Which question can be answered by looking at trends in cost
variances?
You've got this!
