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WGU C213 Accounting for Decision Makers Exam | Questions and Verified Answers (Latest 2023/ 2024) Grade A
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WGU C213 Accounting for Decision Makers 
Exam | Questions and Verified Answers (Latest 2023/ 2024) Grade A 
 
QUESTION 
 
The Public Company Accounting Oversight Board is NOT required to 
 
 
Answer: 
Enforce compliance with the Foreign Corrupt Practices Act 
 
 
 
QUESTION 
Which of the following does Sarbanes-Oxley NOT require management to do? 
 
 
Answer: 
Make loans to executive officers and directors 
 
 
 
QUESTION 
The Public Company Accounting Oversight Board 
 
 
Answer:...
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Management Accounting Information for Creating and Managing Value Kim Langfield Smith 8th Edition - Test Bank
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Chapter 01 Test Bank – Static KEY 
1. What type of accounting system is part of an organisation's management information system for internal use only? 
A. Financial accounting 
B. Management accounting C.Governmental accounting D. All of the given answers 
AACSB: Reflective Difficulty: Easy Learning Objective: 1.03 Describe the major differences between management accounting and financial accounting information Topic: Role of Management Accountant in Value Creation 
AACSB: Reflective 
Difficu...
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Intermediate Accounting 19th Edition Earl K Stice James D Stice- Test Bank.
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Chapter 1—Financial Reporting 
 MULTIPLE CHOICE 
1. The following is NOT a major component of the financial statements: 
a. auditor’s opinion 
b. annual report 
c. explanatory notes 
d. balance sheet 
ANS: B PTS: 1 TOP: AICPA FN-Reporting 
DIF: Easy OBJ: LO 1 MSC: AACSB Reflective Thinking 
2. The following are users of accounting information: 
a. stakeholders 
b. creditors 
c. investors 
d. all of the above 
ANS: D PTS: 1 TOP: AICPA FN-Reporting 
3. Interested parties receive information ab...
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Financial Accounting Fundamentals Wild 7th Edition- Test Bank
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Financial Accounting Fundamentals, 7e (Wild) Chapter 1 Accounting in Business 
1) Accounting is an information and measurement system that identifies, records, and communicates an organization's business activities. 
Answer: TRUE 
Difficulty: 1 Easy 
Topic: Importance of Accounting 
Learning Objective: 01-C1 Explain the purpose and importance of accounting. Bloom's: Remember 
AACSB/Accessibility: Communication/Keyboard Navigation 
AICPA: BB Industry; FN Decision Making 
2) Recordkeeping, or bo...
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Financial Accounting 15th Edition Carl Warren James M Reeve Jonathan Duchac- Test Bank.
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Chapter 1 - Introduction to Accounting and Business True / False 
1. A merchandising business buys products from other businesses to sell to customers. a. True 
b. False 
ANSWER: DIFFICULTY: 
LEARNING OBJECTIVES: ACCREDITING STANDARDS: 
True 
Easy 
Bloom's: Remembering 
ACCT.WARD.18. 
ACCT.ACBSP.APC.03 - Business Forms ACCT.AICPA.BB.01 - Industry ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic 
2. The role of accounting is to provide many different users with financial information to make econ...
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Cornerstones of Managerial Accounting 6th Edition Maryanne M Mowen Don R Hansen Dan L Heitger- Test Bank
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Chapter 1 - Introduction to Managerial Accounting 
1. The managerial activity of monitoring a plan's implementation and taking corrective action as needed is referred to as decision making. 
ANSWER: False 
POINTS: 1 
DIFFICULTY: Easy 
QUESTION TYPETrue / False : 
a. True 
b. False 
HAS VARIABLES:False 
LEARNING OBJEACCT.MOWE.16.1-1 - LO: 1-1 
CTIVES: 
NATIONAL STAN United States - BUSPROG: Analytic DARDS: 
STATE STANDAR United States - AK - ACBSP: APC-26-Management Functio - ACBSP: APC-26-Manag...
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College Accounting John Price 15th Edition- Test Bank
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Chapter 01 Accounting: The Language of Business MULTIPLE CHOICE QUESTIONS 
1) The purpose of accounting is to provide financial information about an economic or social entity. A) True 
B) False 
Answer: A 
Explanation: 
Diff: 1 
Topic: What is Accounting 
Learning Objective: 01-01 Define accounting. Bloom's: Remember 
AACSB: Analytical Thinking 
AICPA: BB Industry; FN Decision Making 
2) An accounting system is designed to accumulate and classify data about a company's financial activities and...
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Auditing & Assurance Services Timothy Louwers 7th Edition - Test Bank
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Auditing & Assurance Services, 7e (Louwers) Chapter 1 Auditing and Assurance Services 
1) The audit objective that all transactions and accounts that should be presented in the financial statements are in fact included is related to which of the PCAOB assertions? 
A) Existence. 
B) Rights and obligations. 
C) Completeness. 
D) Valuation. 
Answer: C 
Difficulty: 1 Easy 
Topic: Management's Financial Statement Assertions 
Learning Objective: 01-03 Describe and define the assertions that managemen...
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WGU C213/WGU C213 ACCOUNTING FOR DECISION MAKERS LATEST EXAM QUESTIONS AND CORRECT ANSWERS 2022- 2024 (VERIFIED ANSWERS)
- Exam (elaborations) • 19 pages • 2023
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WGU C213/WGU C213 ACCOUNTING FOR DECISION MAKERS 
LATEST EXAM QUESTIONS AND CORRECT ANSWERS 2022- 
2024 (VERIFIED ANSWERS) 
The emphasis in financial accounting is on which of the following external user 
groups? 
o Investors and creditors 
o Educators 
o Management 
o Certified public accountants 
The primary internal group that uses accounting information is 
o Management 
o Investors 
o Government agencies 
o Competitors 
Internal reports are generally used by 
o Suppliers 
o Management 
o L...
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Auditing exam review - Modules 1-8 (with 100% Errorless Answers)
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Which part of the Certified Public Accountant (CPA) exam has the lowest passing rate? correct answers Auditing and Attestation (AUD) 
 
Which is NOT a way to meet the educational requirements to become a Certified Public Accountant (CPA) in the State of Utah: 
 
Graduate degree in accounting 
 120 semester hours from an AACSB accredited program 
 Graduate degree in taxation or MBA which includes 15 semester hours of graduate accounting including courses in financial accounting, auditing, taxat...
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