C213 WGU
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C213 WGU Accounting for decision makers Questions & Answers 2024/2025 
Accounting steps involves -ANSWER 
 1. Prepare 
 2. Analyze 
 3. Gather 
4. Make decisions 
5. Implement 
6. Observe. 
 
Inside, Internal - ANSWER-Managerial info is inside or outside the business? 
 
True. Financial accounting is only outside. Managerial accounting can be inside AND outside. - ANSWER-True or false, managerial accounting uses BOTH managerial and financial accounting? 
 
Outside, External, includes lenders...
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C213 WGU Accounting for decision makers Questions & Answers 2024/2025 
Accounting steps involves -ANSWER 
 1. Prepare 
 2. Analyze 
 3. Gather 
4. Make decisions 
5. Implement 
6. Observe. 
 
Inside, Internal - ANSWER-Managerial info is inside or outside the business? 
 
True. Financial accounting is only outside. Managerial accounting can be inside AND outside. - ANSWER-True or false, managerial accounting uses BOTH managerial and financial accounting? 
 
Outside, External, includes lenders...