WGU D196|PA| PRE-ASSESSMENT|EXAM QUESTIONS &
ANSWERS
Correct
Incorrect
Only controllable costs
, 2 of 56
Definition
Planning, controlling, and evaluating
Give this one a try later!
What are the three primary
What is the effect of a company's
functions that company
accounting department maintaining
managers use managerial
high ethical standards?
accounting information for?
What is the label given to the
How are the wages of cashiers
quantity computed as estimated
classified in a merchandising
overhead costs divided by
company?
estimated level of activity?
Don't know?
3 of 56
Definition
Cost of sandpaper in making wood furniture
Give this one a try later!
, What is an example of manufacturing overhead?
Cost of bricks in making a building
Cost of concrete in making a road
Cost of sandpaper in making wood furniture
Cost of aluminum in making an airplane
What is an example of direct labor?
Wages for accounting staff in company headquarters
Wages for marketing staff in company headquarters
Wages for factory quality control inspectors
Wages for furniture assemblers in a wood furniture manufacturer
What is an example of direct materials?
Cost of saws and hammers in constructing a house
Cost of robotic equipment in making automobiles
Cost of aluminum in making an airplane
Cost of sandpaper in making wood furniture
What is an example of a financial cost that would result from poor direct labor
budgeting and planning?
Don't know?
4 of 56
Definition
Financial statement data are often used in determining employee
bonuses.
Give this one a try later!
, Why might employees be
What is the effect of a company's
interested in their company's
accounting department maintaining
financial accounting
high ethical standards?
information?
What is the correct sequence for What is the sequence of the flow of
the flow of costs through a job costs through a manufacturing
order costing system? operation?
Don't know?
5 of 56
Term
Which item is an expense item?
Give this one a try later!
Cost of goods sold Opportunity costs
Direct materials Manufacturing overhead
Don't know?
6 of 56
Definition
It distinguishes between current and long-term assets.
ANSWERS
Correct
Incorrect
Only controllable costs
, 2 of 56
Definition
Planning, controlling, and evaluating
Give this one a try later!
What are the three primary
What is the effect of a company's
functions that company
accounting department maintaining
managers use managerial
high ethical standards?
accounting information for?
What is the label given to the
How are the wages of cashiers
quantity computed as estimated
classified in a merchandising
overhead costs divided by
company?
estimated level of activity?
Don't know?
3 of 56
Definition
Cost of sandpaper in making wood furniture
Give this one a try later!
, What is an example of manufacturing overhead?
Cost of bricks in making a building
Cost of concrete in making a road
Cost of sandpaper in making wood furniture
Cost of aluminum in making an airplane
What is an example of direct labor?
Wages for accounting staff in company headquarters
Wages for marketing staff in company headquarters
Wages for factory quality control inspectors
Wages for furniture assemblers in a wood furniture manufacturer
What is an example of direct materials?
Cost of saws and hammers in constructing a house
Cost of robotic equipment in making automobiles
Cost of aluminum in making an airplane
Cost of sandpaper in making wood furniture
What is an example of a financial cost that would result from poor direct labor
budgeting and planning?
Don't know?
4 of 56
Definition
Financial statement data are often used in determining employee
bonuses.
Give this one a try later!
, Why might employees be
What is the effect of a company's
interested in their company's
accounting department maintaining
financial accounting
high ethical standards?
information?
What is the correct sequence for What is the sequence of the flow of
the flow of costs through a job costs through a manufacturing
order costing system? operation?
Don't know?
5 of 56
Term
Which item is an expense item?
Give this one a try later!
Cost of goods sold Opportunity costs
Direct materials Manufacturing overhead
Don't know?
6 of 56
Definition
It distinguishes between current and long-term assets.
