WGU C201 BUSINESS ACUMEN OBJECTIVE
ASSESSMENT 2 CERTIFICATION
EVALUATION EXAMS SET VERSION A AND
B TESTED QUESTIONS WITH DETAILED
ANSWERS
⩥ it converts easily to cash.
Answer: Why should companies that are conservative investors with
liquidity concerns invest their excess cash in money market funds?
⩥ FASB requires companies to comply with GAAP that differ from
IFRS.
Answer: Which regulatory relationship with the Securities and Exchange
Commission (SEC) historically has acted to prohibit the U.S. from
adopting the International Financial Reporting Standards (IFRS)?
⩥ owners and creditors.
Answer: Which users of financial statements use the financial statements
to evaluate operations of the firm and to make investment decisions?
⩥ The Database.
Answer: What is considered the heart of any information system?
,⩥ A transaction processing system.
Answer: Which type of information system should be accessed by the
vice president of sales for a national department store chain who wants
to see the previous day's sales receipts?
⩥ employers are enabled to work remotely with secure connectivity to
the corporate network via the internet.
Answer: How does a virtual private network contribute to a firm's
workforce productivity?
⩥ Through better resource utilization, through elimination of application
downtime, through dedication of resources to each user.
Answer: What are three ways cloud computing services enhance
company productivity? Choose 3 answers
⩥ Personal letters sent through the company mail room.
Answer: For which type of communication should employees have an
ethical expectation of privacy from company monitoring?
⩥ Selling customer data for external marketing research.
Answer: Which activity raises ethical issues heightened by the
capabilities of data mining?
⩥ The intent to report on a user's internet activity.
, Answer: Which intent of spyware creates a company security issue?
⩥ departmentalization..
Answer: A company might divide itself into smaller groups that best
match the types of customers it service. this is an example of
⩥ output (goods or services) / input (human, natural resources, capital).
Answer: Total productivity
⩥ current assets / current liabilities.
Answer: Liquidity ratio
⩥ current assets - inventory / current liabilities.
Answer: acid test
⩥ cost of goods sold / average inventory (average of 2013 + 2014).
Answer: inventory turnover
⩥ credit sales / average account receivables (average of 2013 + 2014).
Answer: receivables turnover
⩥ sales / average total assets.
ASSESSMENT 2 CERTIFICATION
EVALUATION EXAMS SET VERSION A AND
B TESTED QUESTIONS WITH DETAILED
ANSWERS
⩥ it converts easily to cash.
Answer: Why should companies that are conservative investors with
liquidity concerns invest their excess cash in money market funds?
⩥ FASB requires companies to comply with GAAP that differ from
IFRS.
Answer: Which regulatory relationship with the Securities and Exchange
Commission (SEC) historically has acted to prohibit the U.S. from
adopting the International Financial Reporting Standards (IFRS)?
⩥ owners and creditors.
Answer: Which users of financial statements use the financial statements
to evaluate operations of the firm and to make investment decisions?
⩥ The Database.
Answer: What is considered the heart of any information system?
,⩥ A transaction processing system.
Answer: Which type of information system should be accessed by the
vice president of sales for a national department store chain who wants
to see the previous day's sales receipts?
⩥ employers are enabled to work remotely with secure connectivity to
the corporate network via the internet.
Answer: How does a virtual private network contribute to a firm's
workforce productivity?
⩥ Through better resource utilization, through elimination of application
downtime, through dedication of resources to each user.
Answer: What are three ways cloud computing services enhance
company productivity? Choose 3 answers
⩥ Personal letters sent through the company mail room.
Answer: For which type of communication should employees have an
ethical expectation of privacy from company monitoring?
⩥ Selling customer data for external marketing research.
Answer: Which activity raises ethical issues heightened by the
capabilities of data mining?
⩥ The intent to report on a user's internet activity.
, Answer: Which intent of spyware creates a company security issue?
⩥ departmentalization..
Answer: A company might divide itself into smaller groups that best
match the types of customers it service. this is an example of
⩥ output (goods or services) / input (human, natural resources, capital).
Answer: Total productivity
⩥ current assets / current liabilities.
Answer: Liquidity ratio
⩥ current assets - inventory / current liabilities.
Answer: acid test
⩥ cost of goods sold / average inventory (average of 2013 + 2014).
Answer: inventory turnover
⩥ credit sales / average account receivables (average of 2013 + 2014).
Answer: receivables turnover
⩥ sales / average total assets.
