C213 Accounting For Decision Makers

WGU C213 Accounting for Decision Makers Fall Exam 2024 complete study guide Last document update:   ago

WGU C213 Accounting for Decision Makers Fall 2024 complete study guide Accounting - correct answer the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status Bookkeeping - correct answer the preservation of a systematic, quantitative record of an activity accounting system - correct answer used by a business to handle routine bookkeeping tasks and to structure the inform...

WGU C213 Accounting for Decision Makers Pre-Assessment 2022 Last document update:   ago

WGU C213 Pre-Assessment 2022 What does accounting focus on? - Correct AnsThe impact a business's activities have on its overall financial performance Which report summarizes cash collections and cash expenditures from operating, investing, and financing activities over a period of time? - Correct AnsStatement of cash flows Which users would have a primary concern with an organization's ability to provide healthcare benefits? - Correct AnsEmployees Which body regulates a certified pub...

WGU C213 - Accounting for Decision Makers Midterm Study guide Last document update:   ago

WGU C213 - Accounting for Decision Makers Midterm Study guide Accounting - Correct AnsA system of providing "quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions." -NUMBER : quantitative *STRENGTH because numbers can be easily tabulated and summarized. * WEAKNESS because some important business events, such as a toxic waste spill & the associated lawsuits and countersuits, cannot be easily described by...