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WGU C213 Accounting for Decision Makers Questions and Verified Answers

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Accounting steps. - 1. Prepare 2. Analyze 3. Gather 4. Make decisions 5. Implement 6. Observe. Managerial info is inside or outside the business? - Inside, Internal True or false, managerial accounting uses BOTH managerial and financial accounting? - True. Financial accounting is only outside. Managerial accounting can be inside AND outside. Financial is inside or outside the business? - Outside, External, includes lenders and investors The financial statement includes what 3 documents -...

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WGU C213 Final Exam Actual Questions and Verified Answers

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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. Curre...

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C213 WGU OA Prep Exam Questions and Verified Answers

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The ability a company has to pay its debts in the short run is its Liquidity Which of the following is a measure of the liquid position of a corporation? Debt ratio Which of the following ratios is used to measure a firm's leverage? Debt Ratio Which of the following ratios is used to measure the profit earned on each dollar invested in a firm? Return on Equity The emphasis in financial accounting is on which of the following external user groups? Investors and creditors The prima...

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WGU C213 OA Accounting for Decision Makers Exam Questions and Verified Answers

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Which of the following is NOT true of the Financial Accounting Standards Board (FASB)? - It is a government agency THEY DO: It consists of seven full-time members It seeks consistency for its proposed standards It has no legal power to enforce the standards it sets Generally accepted accounting principles are - Developed by accounting rule makers The initials GAAP stand for - Generally Accepted Accounting Principles The current standard-setting board for accounting in the private sector...

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WGU C213 PRE-ASSESSMENT ACCOUNTING FOR DECISION MAKERS PVAC EXAM QUESTIONS AND VERIFIED ANSWERS

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1. What does accounting focus on? O The impact a business's activities have on its public image O The impact a business's activities have on its relationship with customers O The impact a business's activities have on the environment O The impact a business's activities have on its overall financial performance O The impact a business's activities have on its overall financial performance 2. Which report summarizes cash collections and cash expenditures from operating, i...

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WGU C213 OA Exam Questions and Verified Answers

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The emphasis in financial accounting is on which external user groups? - Investors and creditors Internal reports are generally used by - Management The initials GAAP stand for - Generally Accepted Accounting Principles Which of the following is NOT a service typically provided by large public accounting firms? - Making management decisions Which of the following organizations has specific legal authority to establish accounting standards for publicly held companies? - Securities and Exc...

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TCOLE Traffic code Exam Questions with Verified Solutions 2025

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-Can be more than a police car or fire/ambulance - A state licensed public or private ambulance -A private vehicle of a volunteer firefighter, when responding to a fire alarm or emergency. -A blood or tissue bank vehicle, when making emergency deliveries. A. important vehicles B. authorized emergency vehicles C. emergency transportation D. private transportation - B. authorized emergency vehicles -Has 2 wheels -Has to have at least 1 wheel that is a more than 14" in diameter. A. Tr...

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IMSA Workzone Safety Exam Questions with Graded Solutions 2025

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Traffic control device should meet 5 basic requirements - Fulfill a need command attention convey clear and simple meaning command respect from road user give adequate time for response mutcd is a - national standard for traffic control devices tcc means - temporary traffic control tcc primary function - move vehicles and pedestrians through or around tcc zones while protecting workers MUTCD standard condition - a required condition MUTCD guidance - a recommended condition MUTCD opti...

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Flagger Test Questions with Completed & Verified Solutions 2025

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How long flagger certification is valid - 3 years TTC - Temporary Traffic Control The quality or state of being conspicuous - Conspicuity All signals, marking, and other devices used to regulate, warn, or guide traffic, placed on, over, or adjacent to a street, highway, or bikeway by authority of a public agency having jurisdiction. - Traffic Control Devices All 4 work zones must conform to these (4) standards - -MUTCD -Local -State -Comcast (4) Typical Comcast traffic control devices -...

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