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C213 ACCOUNTING FOR DECISION MAKERS-3 WGU EXAM QUESTIONS & ANSWERS WITH CORRECT SOLUTIONS
Question : What does accounting focus on?
O The impact a business's activities have on its public image
O The impact a business's activities have on its relationship
with customers
O The impact a business's activities have on the environment
O The impact a business's activities have on its overall
financial performance
Correct answer: O The impact a business's activities have on
its overall financial performance
Question : Which report summarizes cash collections and
cash expenditures from operating, investing, and financing
activities over a period of time?
O Statement of Cash Flows
O Cash flow schedule
O Summary of cash receipts
O Cash receipts and disbursements
Correct answer: O Statement of Cash Flows
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