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WGU C202 Managing Human Capital
Exam | Questions With VERIFIED Answers
(2025/2026))
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,EMAIL US :
• Whatdoesaccountingfocuson(answer)Theimpactabusiness'sactivitiesh
aveon itsoverallfinancialperformance
• Whichreportsummarizescashcollectionsandcashexpendituresfromope
rating, investing, and financing activities over a
periodoftime(answer)State-mentofcashflows
• Whichuserswouldhaveaprimaryconcernwithanorganization'sabilitytopr
ovidehealthcarebenefits(answer)Employees
• Which body regulates a certified public accounting firm's audit
practiceswhenthefirmisauditingalargepubliclytradedcompany(answer)The
PublicCom-panyAccountingOversightBoard(PCAOB)
• What has had the most significant impact on
accountingpractices(answer)Infor-mationtechnology
• Whattwoitemsofinformationarerevealedonthebalancesheet?
Choose2answers:Ownership.
Debt
• Whichtermisdefinedastheresidualinterestinthenetassetsofacompa
ny(answer)Owners'equity
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• Acorporationhastotalliabilitiesof$300million,totalowners'equityof
$100million,andcurrentassetsof$50million.
Whatisthevalueofthefirm'slong-termassets(answer)$350million
• Whichsituationshouldresultinrevenuerecognitionontheincomestate-ment
for the year ending 12/31/14 if the firm is using accrual-basis account-
ing(answer)In 2014, a company provides services to a customer for which
cashwill becollectedthenextyear(2015).
• Whichcategoryonthestatementofcashflowssummarizescashreceiptsand
payments to owners and creditors of the company(answer)Cash
flowsfromfinancingactivities
• Wherewouldaninvestorfindasummaryofacompany'ssignificantacc
ountingpolicies(answer)Inthenotestofinancialstatements
• Whichassurancedoesanexternalauditreportprovideforitsreaders?-
:Thecompany'sfinancialstatementsfairlyreflectitsfinancialposition
• Reliable:Informationthatcanbeverified
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• Relevant:Informationhavingtodowiththematterathand
• Material:Informationthatisimportantenoughtomakeadifference
• Conservatism:Informationrelatedtorecognizinglossesastheyoccur
• stepsinthedecisioncycle:1Preparefinancialstatements.2
Analyzefinancialstatements.
3 Gatherinformation.
4 Makedecision.
5 Implementdecision
• Partialfinancialinformationforacompanyisasfollows:Curr
entassets$36,543
Total assets
$58,719Currentliabilities$
24,824Totalliabilities$48,5
61
Stockholders'equity$10,158S
ales$46,997
NetIncome$3,761
Marketvalueofshares$41,316
Whatistheprice-earnings(PE)ratioforthiscompany(answer)11.0
• Whatisconsistentwithacontinualdeclineingrossprofitifthefirm'scostofg
oodssoldremainsthesame(answer)Continualdecreaseinsales
• Whichtwocashflowadequacyratiosrepresentacashcow(answer)-
$6,991/$5,486.$5,220/$1,875.
EMAIL US :
WGU C202 Managing Human Capital
Exam | Questions With VERIFIED Answers
(2025/2026))
EMAIL US :
,EMAIL US :
• Whatdoesaccountingfocuson(answer)Theimpactabusiness'sactivitiesh
aveon itsoverallfinancialperformance
• Whichreportsummarizescashcollectionsandcashexpendituresfromope
rating, investing, and financing activities over a
periodoftime(answer)State-mentofcashflows
• Whichuserswouldhaveaprimaryconcernwithanorganization'sabilitytopr
ovidehealthcarebenefits(answer)Employees
• Which body regulates a certified public accounting firm's audit
practiceswhenthefirmisauditingalargepubliclytradedcompany(answer)The
PublicCom-panyAccountingOversightBoard(PCAOB)
• What has had the most significant impact on
accountingpractices(answer)Infor-mationtechnology
• Whattwoitemsofinformationarerevealedonthebalancesheet?
Choose2answers:Ownership.
Debt
• Whichtermisdefinedastheresidualinterestinthenetassetsofacompa
ny(answer)Owners'equity
EMAIL US :
,EMAIL US :
• Acorporationhastotalliabilitiesof$300million,totalowners'equityof
$100million,andcurrentassetsof$50million.
Whatisthevalueofthefirm'slong-termassets(answer)$350million
• Whichsituationshouldresultinrevenuerecognitionontheincomestate-ment
for the year ending 12/31/14 if the firm is using accrual-basis account-
ing(answer)In 2014, a company provides services to a customer for which
cashwill becollectedthenextyear(2015).
• Whichcategoryonthestatementofcashflowssummarizescashreceiptsand
payments to owners and creditors of the company(answer)Cash
flowsfromfinancingactivities
• Wherewouldaninvestorfindasummaryofacompany'ssignificantacc
ountingpolicies(answer)Inthenotestofinancialstatements
• Whichassurancedoesanexternalauditreportprovideforitsreaders?-
:Thecompany'sfinancialstatementsfairlyreflectitsfinancialposition
• Reliable:Informationthatcanbeverified
EMAIL US :
, EMAIL US :
• Relevant:Informationhavingtodowiththematterathand
• Material:Informationthatisimportantenoughtomakeadifference
• Conservatism:Informationrelatedtorecognizinglossesastheyoccur
• stepsinthedecisioncycle:1Preparefinancialstatements.2
Analyzefinancialstatements.
3 Gatherinformation.
4 Makedecision.
5 Implementdecision
• Partialfinancialinformationforacompanyisasfollows:Curr
entassets$36,543
Total assets
$58,719Currentliabilities$
24,824Totalliabilities$48,5
61
Stockholders'equity$10,158S
ales$46,997
NetIncome$3,761
Marketvalueofshares$41,316
Whatistheprice-earnings(PE)ratioforthiscompany(answer)11.0
• Whatisconsistentwithacontinualdeclineingrossprofitifthefirm'scostofg
oodssoldremainsthesame(answer)Continualdecreaseinsales
• Whichtwocashflowadequacyratiosrepresentacashcow(answer)-
$6,991/$5,486.$5,220/$1,875.
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