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WGU D196 TEST NEWEST UPDATE EXAM WITH ACTUAL QUESTIONS AND COMPLETE 100% VERIFIED CORRECT AND WELL EXPLAINED ANSWERS WITH RATIONALES GRADED A+ BY EXPERTS |LATEST VERSION 2024 WITH GUARANTEED SUCCESS AFTER DOWNLOAD ALREADY PASSED!!!!!!! (PROVEN ITS ALL YOU

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WGU D196 TEST NEWEST UPDATE EXAM WITH ACTUAL QUESTIONS AND COMPLETE 100% VERIFIED CORRECT AND WELL EXPLAINED ANSWERS WITH RATIONALES GRADED A+ BY EXPERTS |LATEST VERSION 2024 WITH GUARANTEED SUCCESS AFTER DOWNLOAD ALREADY PASSED!!!!!!! (PROVEN ITS ALL YOU NEED TO EXCEL IN YOUR EXAMS 1. Which budget should include all production costs other than those for direct materials and direct labor? A.Sales budget B.Direct materials budget C.Manufacturing overhead budget D. Production budget c 2. Which account is a common asset account? A.Accounts payables B.Equity C.Accounts receivable D. Utilities Expense c 3 .On which financial statement would you see the valuation of a company's asset accounts? a.Statement of Cash Flows b.Balance Sheet c.Income Statement d.Statement of Retained Earnings B 4. What is the final step in the accounting cycle? a.Summarize the effects of transactions b.Analyze transactions c.Prepare reports d.Record the effects of transactions c 5. Which of the following is not an example of a transaction? a.Receive cash in payment of an invoice b.Purchase an asset from a supplier c.Sale on credit to a customer d. Preparing financial statements d 6. On which financial statement would you see cash flows from financing activities? a.Statement of Cash Flows b.Balance Sheet c.Income Statement d.Statement of Retained Earnings d

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Institution
WGU D196
Course
WGU D196

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Uploaded on
November 23, 2024
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2024/2025
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WGU D196 TEST NEWEST UPDATE
EXAM WITH ACTUAL QUESTIONS AND
COMPLETE 100% VERIFIED CORRECT
AND WELL EXPLAINED ANSWERS WITH
RATIONALES GRADED A+ BY EXPERTS
|LATEST VERSION 2024 WITH
GUARANTEED SUCCESS AFTER
DOWNLOAD ALREADY PASSED!!!!!!!
(PROVEN ITS ALL YOU NEED TO EXCEL
IN YOUR EXAMS

,
, 13. If overhead is underapplied, which statement is true?

a.Actual costs exceed applied costs

b.Applied costs exceed actual costs

c.Costs will not be affected

d. Budgeted and applied costs will be equal a

14. Which of the following is not an example of a cost driver?

a.Miles driven

b.Selling costs

c.Machine hours

d. Number of customers b

15. Which item is a period cost?

Manufacturing supplies

Overhead directly tied to the production facility

Raw materials

Marketing expense d

16. Which overhead allocation method should be used for a trash bag manufacturer?



a. Product-line costing



b. Process costing



c. ABC costing

d . Job order costing b

17. For relevant range, which costs are approximately linear within a certain range of production?

a. Fixed costs

b. Variable costs

c. Stepped costs

d. Mixed costs b

18. Which of the following focuses on how a company's activity levels impact profits?

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