{"id":120763,"date":"2023-10-01T17:18:31","date_gmt":"2023-10-01T17:18:31","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=120763"},"modified":"2023-10-01T17:18:33","modified_gmt":"2023-10-01T17:18:33","slug":"wgu-c213-accounting-for-decision-makers-exam-questions-and-answers-latest-2023-2024-verified-answers","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/10\/01\/wgu-c213-accounting-for-decision-makers-exam-questions-and-answers-latest-2023-2024-verified-answers\/","title":{"rendered":"WGU C213 Accounting for Decision Makers Exam Questions and Answers Latest (2023 \/ 2024) (Verified Answers)"},"content":{"rendered":"\n

1 \/
12
WGU C213 Accounting for Decision Makers Exam
Questions and Answers<\/p>\n\n\n\n

    \n
  1. 1. Businesses use accounting systems to ANS a. Analyze transactions.
    b. Handle routine bookkeeping tasks.
    c. Evaluate the performance and financial health of the business<\/li>\n\n\n\n
  2. 1. Which of the following is NOT a function of accounting? ANS a.Executing
    sales transactions for organizations.<\/li>\n\n\n\n
  3. 1. Which of the following is NOT typically true of accounting information?
    ANS a. The information relates to future time periods.<\/li>\n\n\n\n
  4. 1. Which of the following is NOT one of the three primary financial statements? ANS a. Statement of retained earnings.<\/li>\n<\/ol>\n\n\n\n

    2 \/
    12<\/p>\n\n\n\n

      \n
    1. 1. Which of the following financial statements reports a company’s resources, obligations, and ownership? ANS Balance sheet<\/li>\n\n\n\n
    2. 1. Which of the following financial statements reports the excess of a
      company’s revenues over its expenses? ANS a. Income statement.<\/li>\n\n\n\n
    3. 1. Which of the following financial statements reports the amount of cash
      collected and paid out by a company? ANS a. Statement of cash flows.<\/li>\n\n\n\n
    4. 1. Which of the following is NOT an external user of accounting information? ANS a. Management.<\/li>\n\n\n\n
    5. 1. The emphasis in financial accounting is to provide financial information to which of the following user groups? ANS a. Investors and creditors.<\/li>\n\n\n\n
    6. 1. The current standard setting organization forfinancial accounting in theUnited States is the ANS a. Financial Accounting Standards Board (FASB).<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      1 \/12WGU C213 Accounting for Decision Makers ExamQuestions and Answers 2 \/12<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-120763","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/120763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=120763"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/120763\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=120763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=120763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=120763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}