1|Page
WGU D196 Pre Assessment Newest 2025-2026
Complete All Questions And Correct Detailed
Answers (Verified Answers) |Already Graded
A+||Brand New Version!
How does a classified balance sheet provide useful information to a
decision maker?
-It provides data for a period of time instead of as a point in time.
-It distinguishes between current and long-term assets.
-It distinguishes liabilities from expenses.
-It provides data that are not publicly disclosed. - ANSWER-It
distinguishes between current and long-term assets.
What information does a balance sheet provide to a decision maker?
-Summary of the operating performance of a company at a particular
date
-Summary of the operating performance of a company during a period
-Summary of the cash flows of a company during a period
-Summary of the financial position of a company at a particular date -
ANSWER-Summary of the financial position of a company at a
particular date
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What is an account payable?
-The amount to be paid by a company for dividends to shareholders
-The amount owed by a company that purchased goods or services from
a supplier on credit
The amount to be paid by a company in repayment of both loans and
dividends
The amount owed to a company that sold goods or services to a
customer on credit - ANSWER-The amount owed by a company that
purchased goods or services from a supplier on credit
What is an example of a financial cost that would result from poor direct
labor budgeting and planning?
-Delayed cash collections from credit customers
-Increased hiring, training, and overtime costs
-Excessive inventory storage costs
-Increased depreciation costs for facilities - ANSWER-Increased hiring,
training, and overtime costs
What does a manager have control over in a cost center?
-Dividends
-Assets
-Costs
-Revenues - ANSWER-Costs
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What should be considered when developing a measure to evaluate the
performance of a manager?
-Only noncontrollable costs
-Only controllable costs
-Only centralized costs
-Only indirect costs - ANSWER-Only controllable costs
In some companies, the performance measures for profit center
managers are heavily influenced by cost allocations downward from
organizational units (such as company headquarters).
Why is this a mistake?
-Controllable costs should not be included in the performance evaluation
measure of a profit center manager.
-Revenues should not be included in the performance evaluation
measure of a profit center manager.
-Uncontrollable costs should not be included in the performance
evaluation measure of a profit center manager.
-Direct costs should not be included in the performance evaluation
measure of a profit center manager. - ANSWER-Uncontrollable costs
should not be included in the performance evaluation measure of a profit
center manager.
Which budget should include the expected cost of supplies used by the
office staff of the corporate headquarters?
-Production budget
WGU D196 Pre Assessment Newest 2025-2026
Complete All Questions And Correct Detailed
Answers (Verified Answers) |Already Graded
A+||Brand New Version!
How does a classified balance sheet provide useful information to a
decision maker?
-It provides data for a period of time instead of as a point in time.
-It distinguishes between current and long-term assets.
-It distinguishes liabilities from expenses.
-It provides data that are not publicly disclosed. - ANSWER-It
distinguishes between current and long-term assets.
What information does a balance sheet provide to a decision maker?
-Summary of the operating performance of a company at a particular
date
-Summary of the operating performance of a company during a period
-Summary of the cash flows of a company during a period
-Summary of the financial position of a company at a particular date -
ANSWER-Summary of the financial position of a company at a
particular date
,2|Page
What is an account payable?
-The amount to be paid by a company for dividends to shareholders
-The amount owed by a company that purchased goods or services from
a supplier on credit
The amount to be paid by a company in repayment of both loans and
dividends
The amount owed to a company that sold goods or services to a
customer on credit - ANSWER-The amount owed by a company that
purchased goods or services from a supplier on credit
What is an example of a financial cost that would result from poor direct
labor budgeting and planning?
-Delayed cash collections from credit customers
-Increased hiring, training, and overtime costs
-Excessive inventory storage costs
-Increased depreciation costs for facilities - ANSWER-Increased hiring,
training, and overtime costs
What does a manager have control over in a cost center?
-Dividends
-Assets
-Costs
-Revenues - ANSWER-Costs
, 3|Page
What should be considered when developing a measure to evaluate the
performance of a manager?
-Only noncontrollable costs
-Only controllable costs
-Only centralized costs
-Only indirect costs - ANSWER-Only controllable costs
In some companies, the performance measures for profit center
managers are heavily influenced by cost allocations downward from
organizational units (such as company headquarters).
Why is this a mistake?
-Controllable costs should not be included in the performance evaluation
measure of a profit center manager.
-Revenues should not be included in the performance evaluation
measure of a profit center manager.
-Uncontrollable costs should not be included in the performance
evaluation measure of a profit center manager.
-Direct costs should not be included in the performance evaluation
measure of a profit center manager. - ANSWER-Uncontrollable costs
should not be included in the performance evaluation measure of a profit
center manager.
Which budget should include the expected cost of supplies used by the
office staff of the corporate headquarters?
-Production budget
