WGU D196 OA AND PRE-ASSESSMENT EXAM(ACTUAL ) QUESTIONS WITH CORRECT VERIFIED GRADED A+

WGU66D19666OA66AND66PRE-
ASSESSMENT66EXAM(ACTUAL662024-
2025)66QUESTIONS66WITH66CORRECT66VERIFIE
Which 66item66is66
D66GRADED a66period66cost?
66A+


Rent66on66factory66robotic66equipment66in66an66airplane66manufact
urer66Wages66of66maintenance66workers66in66the66factory66buildin
g
Utility66bills66to66heat66the66headquarters66building
Wages66for66factory66quality66control66inspectors66-
66ANSWERS_Utility66bills66to66heat66the66headquarters66building


Which66type66of66account66is66retained66earnings?


Revenue66A
sset66Equity
Liability66-66ANSWERS_Equity


For66purposes66of66cash66flow66classification66in66the66statement66of
66cash66flows,66which66item66is66an66operating66activity?


Buying66equipment66Sel
ling66bonds66Distributin
g66dividends
Paying66employees66-66ANSWERS_Paying66employees


How66does66a66classified66balance66sheet66provide66useful66infor
mation66to66a66decision66maker?

,WGU66D19666OA66AND66PRE-
ASSESSMENT66EXAM(ACTUAL662024-
2025)66QUESTIONS66WITH66CORRECT66VERIFIE
It
D6666distinguishes
GRADED6666A+ between66current66and66long-term66assets.
It66provides66data66for66a66period66of66time66instead66of66as66a66point66
in66time.
It66distinguishes66liabilities66from66expenses.
It66provides66data66that66are66not66publicly66disclosed.66-
66ANSWERS_It66distinguishes66between66current66and66long-

term66assets.


What66information66does66a66balance66sheet66provide66to66a66decisi
on66maker?
Summary66of66the66operating66performance66of66a66company66duri
ng66a66period
Summary66of66the66financial66position66of66a66company66at66a66pa
rticular66date
Summary66of66the66cash66flows66of66a66company66during66a66period
Summary66of66the66operating66performance66of66a66company66at66a66
particular66date66-
66ANSWERS_Summary66of66the66financial66position66of66a66comp

any66at66a66particular66date
Which66statement66is66true66with66respect66to66activity-
based66costing66(ABC)66systems?


An66ABC66system66allocates66overhead66based66on66multiple66activ
ities.
Implementing66an66ABC66system66requires66very66little66analysis66
of66the66factors66that66create66overhead66costs.

,WGU66D19666OA66AND66PRE-
ASSESSMENT66EXAM(ACTUAL662024-
2025)66QUESTIONS66WITH66CORRECT66VERIFIE
An ABC66system
D6666GRADED 66completely66eliminates66all66overhead66costs.
66A+


Implementing66an66ABC66system66requires66only66a66careful66calc
ulation66of66total66direct66labor66hours.66-
66ANSWERS_An66ABC66system66allocates66overhead66based66on6

6multiple66activities.


Implementing66an66ABC66system66requires66very66little66analysis66
of66the66factors66that66create66overhead66costs.


How66is66overhead66allocated66in66an66ABC66system?
Sum66of66materials66and66labor66cost66multiplied66by66number66of66
units
Budgeted66overhead66multiplied66by66expected66number66of66direc
t66labor66hours
You66Selected
Cost66pool66multiplied66by66number66of66cost66driver66events66A
ctivity66rate66multiplied66by66number66of66cost66driver66events66-
ANSWERS_Activity66rate66multiplied66by66number66of66cost66dri
ver
events


In66an66ABC66system,66which66name66is66given66to66a66numerical66
measure66reflecting66the66amount66of66a66cost66associated66with66a66
particular66overhead66cost66activity?
Cost66system66
You66Selected
66 Cost66pool66C
ost66metric

, WGU66D19666OA66AND66PRE-
ASSESSMENT66EXAM(ACTUAL662024-
2025)66QUESTIONS66WITH66CORRECT66VERIFIE
Cost66driver66-66ANSWERS_Cost
D66GRADED 66A+ 66driver




How66are66production66costs66treated66in66a66process66costing66syst
em?
Costs66are66assigned66to66the66actual66manufacturing66overhead66ac
count66during66the66period.
Costs66are66assigned66to66specific66jobs66or66products66made66dur
ing66the66period.
Costs66are66accumulated66by66process66and66averaged66over66all66pr
oducts66made66during66the66period.
Costs66are66assigned66to66a66selling,66general,66and66administrative
66expense66account66during66the66period.66-

66ANSWERS_Costs66are66accumulated66by66process66and66averag

ed66over66all66products66made66during66the66period.


How66is66the66production66cost66per66unit66computed66in66a66process
66costing66system?


Amount66of66overhead66cost66divided66by66the66number66of66units66c
ompleted66during66a66particular66period66of66time
Amount66of66direct66materials66cost66divided66by66the66quantity66of6
6direct66materials66used66during66a66particular66period66of66time


Amount66of66total66production66cost66divided66by66the66number66
of66units66completed66during66a66particular66period66of66time
Amount66of66direct66labor66cost66divided66by66the66number66of66dire
ct66labor66hours66used66during66a66particular66period66of66time66-