1
WGU C214 Pre-assessment - Set 1
2025/2026 Exam Questions with 100%
Correct Answers | Latest Update
How can a private firm appropriately maximize shareholder value? - 🧠 ANSWER
✔✔By making decisions that keep the control of the business with the owners
Why are American regulators focused on international investing in a global
marketplace? - 🧠 ANSWER ✔✔Because international investing in a global
marketplace is the concern of American investors
What is one of the two basic types of financial instruments? - 🧠 ANSWER
✔✔Bonds
If a company outsources the manufacturing of its products to a foreign country,
what are the likeliest outcomes?
Choose 2 answers - 🧠 ANSWER ✔✔Consumer prices will decrease.
Domestic employment will decrease.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
, 2
What do the content and structure of a balance sheet report? - 🧠 ANSWER ✔✔It
reports the assets, liabilities, and equity at a point in time.
A company reported an increase in accounts receivable of $5,000 during the recent
period. Half of this amount is expected to be collected next period.
How will this change in accounts receivable affect the cash flows from the
operating activities section? - 🧠 ANSWER ✔✔The change will decrease cash
flows from operations by $5,000.
Which statement accurately explains the recognition of revenues and expenses
under accounting income and income for tax purposes? - 🧠 ANSWER
✔✔Revenues and expenses may be recognized in one period for accounting
income purposes and in a different period for income tax purposes.
Selected Data for 20x2 for ABD Inc.
Net income $ 1,000
Depreciation expense $ 300
Change in operating assets $ 600
Change in net property, plant, and equipment $ 5,000
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
WGU C214 Pre-assessment - Set 1
2025/2026 Exam Questions with 100%
Correct Answers | Latest Update
How can a private firm appropriately maximize shareholder value? - 🧠 ANSWER
✔✔By making decisions that keep the control of the business with the owners
Why are American regulators focused on international investing in a global
marketplace? - 🧠 ANSWER ✔✔Because international investing in a global
marketplace is the concern of American investors
What is one of the two basic types of financial instruments? - 🧠 ANSWER
✔✔Bonds
If a company outsources the manufacturing of its products to a foreign country,
what are the likeliest outcomes?
Choose 2 answers - 🧠 ANSWER ✔✔Consumer prices will decrease.
Domestic employment will decrease.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
, 2
What do the content and structure of a balance sheet report? - 🧠 ANSWER ✔✔It
reports the assets, liabilities, and equity at a point in time.
A company reported an increase in accounts receivable of $5,000 during the recent
period. Half of this amount is expected to be collected next period.
How will this change in accounts receivable affect the cash flows from the
operating activities section? - 🧠 ANSWER ✔✔The change will decrease cash
flows from operations by $5,000.
Which statement accurately explains the recognition of revenues and expenses
under accounting income and income for tax purposes? - 🧠 ANSWER
✔✔Revenues and expenses may be recognized in one period for accounting
income purposes and in a different period for income tax purposes.
Selected Data for 20x2 for ABD Inc.
Net income $ 1,000
Depreciation expense $ 300
Change in operating assets $ 600
Change in net property, plant, and equipment $ 5,000
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
