Wgu c213 final exam 2023 Study guides, Class notes & Summaries
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WGU C213 Accounting for Decision Makers Final Exam (Latest 2023/ 2024) | Questions and Verified Answers | 100% Correct
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WGU C213 Accounting for Decision Makers Final Exam (Latest 2023/ 2024) | Questions and Verified Answers | 100% Correct 
 
Q: Given the following information, compute operating income - 
Cost of Goods Sold $2,000 
Extraordinary Item -170 
Income Taxes 350 
Interest Expense 200 
Operating Expenses 1,500 
Sales 5,500 
 
 
Answer: 
Correct Answer $2,000 
 
$5,500 - $2,000 - $1,500 = $2,000 
 
 
 
Q: Given the following information, compute comprehensive income - 
Extraordinary Loss -80 
Income Taxe...
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WGU C213 Accounting Final Exam 2022/2023 Verified Answers.
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WGU C213 Accounting Final Exam 2022/2023 Verified Answers. Which of the following is the most correct definition of 
accounting(answer) A system for providing quantitative information, primarily 
financial in nature, about economic entities that is intended to be useful in 
making economic decisions 
2. What is NOT typically true of accounting information(answer) The 
information relates to future time periods. 
3. Which is NOT a key component of the definition of accounting(answer) 
Qualitative...
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WGU C213 Final Exam 2023 Study Guide
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Order of assets listed on the balance sheet 
Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. 
Current assets are listed before long-term assets. 
Current li...
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WGU C213 Final Exam Accounting For Decision Makers Questions and ASnswers 2022/2023 (Verified Answers)
- Exam (elaborations) • 39 pages • 2022
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WGU C213 Final Exam Accounting For Decision Makers Questions and ASnswers 2022/2023 (Verified Answers) Which of the following activities would internal auditors NOT typically 
perform in a large company?: Detect fraud 
Evaluate internal controls 
*Prepare the primary financial statements 
Assist with increasing the efficiency of operation 
2. Correct Answer: $3,800 
Beginning cash balance: 
x + $309,800 - $118,000 - $190,000 = $5,600 
x = $3,800: The following financial information is available ...
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WGU C213 ACCOUNTING FOR DECISION MAKERS: PreAssessment Test Questions & Answers (2022/2023) Verified | C213 Final Exam Questions and ASnswers 2022/2023 (Verified Answers) | WGU C213 Final Exam Latest.
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WGU C213 ACCOUNTING FOR DECISION MAKERS: PreAssessment Test Questions & Answers (2022/2023) Verified | C213 Final Exam Questions and ASnswers 2022/2023 (Verified Answers) | WGU C213 Final Exam Latest.
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified
- Exam (elaborations) • 22 pages • 2022
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS 
Questions And Answers (2022/2023) Verified
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified
- Exam (elaborations) • 14 pages • 2022
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified 
 
 
Order of assets listed on the balance sheet - correct answer===Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and...
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WGU C213 Final Exam 2023 Study Guide
- Exam (elaborations) • 13 pages • 2023
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- $10.99
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Order of assets listed on the balance sheet 
Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. 
Current assets are listed before long-term assets. 
Current li...
-
WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified
- Exam (elaborations) • 22 pages • 2022
- Available in package deal
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- $16.49
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WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified. What does accounting focus on(answer) The impact a business's activities 
have on its overall financial performance 
2. Which report summarizes cash collections and cash expenditures 
from operating, investing, and financing activities over a period of 
time(answer) State- ment of cash flows 
3. Which users would have a primary concern with an organization's ability 
to provide healthcare benefits(a...
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