WGU C213 Bundles Exam Questions and Answers with Complete Solutions

WGU C213. PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC ALREADY PASSED What does accounting focus on? The impact a business's activities have on its overall financial performance Which report summarizes cash collections and cash expenditures from operating, investing, and financing activitie...

WGU C213 Accounting for Decision Makers ABCD Accounting the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status Bookkeeping the preservation of a systematic, quantitative record ...

WGU C213, Key Points Latest Updated 2022 Debt Ratio Total Liabilities/Total Assets Current Ratio Current Assets/Current Liabilities. Only need a balance sheet. Return on Sales Net Income/Sales. Only need income statement Asset Turnover Sales/Total Assets Return on Equity Net Income/Stockholder'...

WGU C213 Statement of Cash Flows Questions and Answers Rated A What is the purpose of the statement of cash flows? reports the amount of cash collected and paid out by a company in the following three types of activities: operating, investing, and financing. What information is provided on the stat...

WGU C213 Pre Assessment 2022 Already Passed What does accounting focus on? The impact a business's activities have on its overall financial performance Which report summarizes cash collections and cash expenditures from operating, investing, and financing activities over a period of time? Statemen...

WGU C213 Questions and Answers with Complete Solutions Accounting A system of providing "quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions." Balance Sheet Document which reports the resources of a company (t...

WGU C213 PRE-ASSESSMENT: ACCOUNTING FOR DECISION MAKERS PVAC ALREADY GRADED A+ 1. What does accounting focus on? O The impact a business's activities have on its public image O The impact a business's activities have on its relationship with customers O The impact a business's activities have...

WGU C213 Final Exam Questions and Answers Already Passed Order of assets listed on the balance sheet Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investme...

WGU C213 Questions and Answers with Complete Solutions Purpose of Accounting 1. Recording of the day-to-day financial activities 2. Used to evaluate the company's financial status. Bookkeeping Systematic quantitative record of an activity. Accounting System 1. Handle routine bookkeeping tasks. 2....