WGU D196 (WGUD196)

WGU D196 Pre-Assessment Questions & Answers What is the effect of a company's accounting department maintaining high ethical standards? -The company can report more favorable results in its financial statements. -The company's accounting information will decrease in value. -The company can hire fewer accountants to do the same amount of work. -The company's accounting information will increase in value. -The company's accounting information will increase in value. Why might employees b...

WGU D196 Financial and Managerial Accounting Pre-Assessment What is an example of direct materials? Cost of robotic equipment in making automobiles Cost of sandpaper in making wood furniture Cost of saws and hammers in constructing a house Cost of aluminum in making an airplane -Cost of aluminum in making an airplane What is the effect of a company's accounting department maintaining high ethical standards? The company can hire fewer accountants to do the same amount of work. The compan...

WGU D196 Exam Prep What is the role and purpose of accounting ? - Role: To help track income and expenditures, and to provide investors, management, and government with financial information. Purpose: To accumulate, measure, and communicate financial information about businesses and other organizations. · Who uses accounting information and why? -Potential investors and creditors use accounting information, but basically everyone uses accounting information. They use it to make intern...

WGU D196 Exam Practice Questions What is the effect of a company's accounting department maintaining high ethical standards? - The company's accounting information will increase in value. Why might employees be interested in their company's financial accounting information? - Financial statement data are often used in determining employee bonuses. Which group establishes financial accounting rules in the United States? -Financial accounting standards board Which report is one of the thre...

What is the effect of a company's accounting department maintaining high ethical standards? The company can hire fewer accountants to do the same amount of work. The company's accounting information will decrease in value. The company can report more favorable results in its financial statements. The company's accounting information will increase in value. - The company's accounting information will increase in value. Why might employees be interested in their company's financial acco...

What is a transaction? - Two parties exchanging something of value What is the effect of a company's accounting department maintaining high ethical standards? - The company's accounting information will increase in value. Why might employees be interested in their company's financial accounting information? - Financial statement data are often used in determining employee bonuses. Which group establishes financial accounting rules in the United States? - financial Accounting Standards B...

What is the effect of a company's accounting department maintaining high ethical standards? -The company can report more favorable results in its financial statements. -The company's accounting information will decrease in value. -The company can hire fewer accountants to do the same amount of work. -The company's accounting information will increase in value. - The company's accounting information will increase in value. Why might employees be interested in their company's financial ...

What is an example of direct materials? Cost of robotic equipment in making automobiles Cost of sandpaper in making wood furniture Cost of saws and hammers in constructing a house Cost of aluminum in making an airplane - Cost of aluminum in making an airplane What is the effect of a company's accounting department maintaining high ethical standards? The company can hire fewer accountants to do the same amount of work. The company can report more favorable results in its financial stateme...

What is the role and purpose of accounting ? - Role: To help track income and expenditures, and to provide investors, management, and government with financial information. Purpose: To accumulate, measure, and communicate financial information about businesses and other organizations. · Who uses accounting information and why? - Potential investors and creditors use accounting information, but basically everyone uses accounting information. They use it to make internal and external busi...