WGU D196 TEST QUESTIONS WITH 100% VERIFIED CORRECT ANSWERS

WGU D196 TEST QUESTIONS WITH 100% VERIFIED CORRECT ANSWERS
Question: Which budget should include all production costs
other than those for direct materials and direct labor?
Correct answer: Manufacturing Overhead Budget
Question: Which account is a common asset account?
Correct answer: Accounts receivable
Question: On which financial statement would you see the
valuation of a company's asset account?
Correct answer: Balance Sheet
Question: What is the final step in the accounting cycle?
Correct answer: Preparing Reports
Question: Which of the following is not an example of a
transaction?

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