D196 Study guides, Class notes & Summaries
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D196 WGU 2023|24 Questions and Answers (Latest Update) Graded A+
- Exam (elaborations) • 44 pages • 2023
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D196 WGU 2023|24 Questions and 
Answers (Latest Update) Graded 
A+ 
What is the effect of a company's accounting department maintaining high ethical standards? 
The company can hire fewer accountants to do the same amount of work. 
The company's accounting information will decrease in value. 
The company can report more favorable results in its financial statements. 
The company's accounting information will increase in value. The company's accounting 
information will increase in value. 
Why mi...
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WGU D196 TEST BANK FOR OA AND PREASSESSMENT REVIEW 2024/2025 WITH 250 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT ANSWERS) D196 PRACTICE EXAM 2024 (BRAND NEW!!)
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WGU D196 TEST BANK FOR OA AND PREASSESSMENT REVIEW 2024/2025 WITH 250 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT ANSWERS) D196 PRACTICE EXAM 2024 (BRAND NEW!!) 
1. How does a classified balance sheet provide useful information to a decision 
maker? 
a.It distinguishes between current and long-term assets 
b.It provides data that are not publicly disclosed 
c.It distinguishes liabilities from expenses 
D. It provides data for a period of time instead of as a point in time - ANSW...
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WGU D196- Principles of Financial and Managerial Accounting COMPLETE EXAM REVIEW 2023 COURSE REQUIREMENT
- Exam (elaborations) • 14 pages • 2023
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WGU D196- Principles of Financial and Managerial Accounting COMPLETE EXAM REVIEW 2023 COURSE REQUIREMENT 
 
bookkeeping - day to day keeping of transcations 
 
steps of decision making - identify issue 
gather information 
identify alternatives 
select option that most likely results in desired objective 
 
accounting - analysis of events 
record and report financial effects of business activities 
 
where does capital come from (3) - investors 
creditors(lenders) 
business itself (from earnings...
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WGU D196 Pre Assessment Questions and Answers 2023 (Verified Answers)
- Exam (elaborations) • 22 pages • 2023
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WGU D196 Pre Assessment Questions and Answers 2023 (Verified Answers) 
WGU D196 Pre Assessment Questions and Answers 2023 (Verified Answers)
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WGU D196 Principles of Financial and Managerial Accounting – new written course requirement material 2023
- Exam (elaborations) • 27 pages • 2023
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WGU D196 Principles of Financial and Managerial Accounting – new written course requirement material 2023 
 
Accounting plays a vital role in the decision-making process. Which action is the first step in the decision-making process? 
 
 
The money that a company needs to buy its land, pay its employees, and buy its supplies is called capital. What are the potential sources of capital for a business? 
 
 
 
Which primary area of accounting generates reports for internal users? 
 
 
True or Fal...
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Principles of Financial and Managerial Accounting - D196 Already Passed
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Principles of Financial and Managerial Accounting - D196 Already Passed 
Accounting plays a vital role in the decision-making process. Which action is the first step in the decision-making process? Identify the issue 
The money that a company needs to buy its land, pay its employees, and buy its supplies is called capital. What are the potential sources of capital for a business? 
Investors, creditors, and retained business earnings 
Which primary area of accounting generates reports for interna...
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D196- Principles of Financial and Managerial Accounting Questions and Answers Graded A
- Exam (elaborations) • 33 pages • 2023
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D196- Principles of Financial and Managerial Accounting Questions and Answers Graded A bookkeeping day to day keeping of transcations 
steps of decision making identify issue gather information identify alternatives select option that most likely results in desired objective 
accounting analysis of events record and report financial effects of business activities 
where does capital come from (3) investors creditors(lenders) business itself (from earnings retained) 
2 main types of accounting fi...
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D196 Principles of Financial and Managerial Accounting study Guide.
- Exam (elaborations) • 26 pages • 2022
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D196 Principles of Financial and Managerial Accounting study Guide.
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Wgu d196 preassment questions and answers 2023 with complete solution
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Wgu d196 preassment questions and answers 2023 with complete solution 
1.	What is a transaction?: Two parties exchanging something of value 
2.	What is the effect of a company's accounting department maintaining high ethical standards?: The company's accounting information will increase in value. 
3.	Why might employees be interested in their company's financial account- ing information?: Financial statement data are often used in determining employ- ee bonuses. 
4.	Which group establishes fi...