1/3/26, 5:45 PM WGU C214 Practice OA EXAM (updated 2026) Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | …
WGU C214 Practice OA EXAM (updated 2026)
Questions & Answers | Latest Already Graded A+
UPDATE 2025|2026
Save
Terms in this set (68)
By making decisions that keep the How can a private firm appropriately maximize
control of the business with the shareholder value?
owners.
Because international investing in a Why are American regulators focused on
global marketplace is the concern of international investing in a global marketplace?
American investors.
Bonds What is one of the two basic types of financial
instruments?
Consumer prices will decrease and What are the likeliest outcomes if a company
Domestic employment will decrease. outsources the manufacturing of its products to a
foreign country?
The assets, liabilities, and equity at a What do the content and structure of a balance
point in time sheet report?
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, 1/3/26, 5:45 PM WGU C214 Practice OA EXAM (updated 2026) Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | …
The change will decrease cash flows A company reported an increase in accounts
from operations by $5,000. receivable of $5,000 during the recent period. Half
of this amount is expected to be collected next
period.How will this change in accounts receivable
affect the cash flows from the operating activities
section?
Revenues and expenses may be Which statement accurately explains the
recognized in one period for recognition of revenues and expenses under
accounting income purposes and in accounting income and income for tax purposes?
a different period for income tax
purposes.
$5,300 outflow Selected Data for 20x2 for ABD Inc.
Net Income $ 1,000
Depreciation Expense $ 300
Change in Operating Assets $ 600
Change in Net Property, Plant, and Equipment $
5,000
Changes in Long-Term Liabilities $ 1,000
Dividends Paid$ 200
What is this firm's cash flow from investments, using
the data above and assuming no asset disposals?
Assets = Liabilities + Equity What is the basic equation for a balance sheet?
A firm's purchase and sale of long- What do cash flows from investing activities
term assets generally relate to?
Cash sales to customers Which transaction is reflected in cash flow from
operating activities?
Cash available for distribution after What does free cash flow represent?
funding required reinvestment
https://quizlet.com/1126872318/wgu-c214-practice-oa-exam-updated-2026-questions-answers-latest-already-graded-a-update-20252026-flash-cards/… 2/11
WGU C214 Practice OA EXAM (updated 2026)
Questions & Answers | Latest Already Graded A+
UPDATE 2025|2026
Save
Terms in this set (68)
By making decisions that keep the How can a private firm appropriately maximize
control of the business with the shareholder value?
owners.
Because international investing in a Why are American regulators focused on
global marketplace is the concern of international investing in a global marketplace?
American investors.
Bonds What is one of the two basic types of financial
instruments?
Consumer prices will decrease and What are the likeliest outcomes if a company
Domestic employment will decrease. outsources the manufacturing of its products to a
foreign country?
The assets, liabilities, and equity at a What do the content and structure of a balance
point in time sheet report?
https://quizlet.com/1126872318/wgu-c214-practice-oa-exam-updated-2026-questions-answers-latest-already-graded-a-update-20252026-flash-cards/… 1/11
, 1/3/26, 5:45 PM WGU C214 Practice OA EXAM (updated 2026) Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | …
The change will decrease cash flows A company reported an increase in accounts
from operations by $5,000. receivable of $5,000 during the recent period. Half
of this amount is expected to be collected next
period.How will this change in accounts receivable
affect the cash flows from the operating activities
section?
Revenues and expenses may be Which statement accurately explains the
recognized in one period for recognition of revenues and expenses under
accounting income purposes and in accounting income and income for tax purposes?
a different period for income tax
purposes.
$5,300 outflow Selected Data for 20x2 for ABD Inc.
Net Income $ 1,000
Depreciation Expense $ 300
Change in Operating Assets $ 600
Change in Net Property, Plant, and Equipment $
5,000
Changes in Long-Term Liabilities $ 1,000
Dividends Paid$ 200
What is this firm's cash flow from investments, using
the data above and assuming no asset disposals?
Assets = Liabilities + Equity What is the basic equation for a balance sheet?
A firm's purchase and sale of long- What do cash flows from investing activities
term assets generally relate to?
Cash sales to customers Which transaction is reflected in cash flow from
operating activities?
Cash available for distribution after What does free cash flow represent?
funding required reinvestment
https://quizlet.com/1126872318/wgu-c214-practice-oa-exam-updated-2026-questions-answers-latest-already-graded-a-update-20252026-flash-cards/… 2/11