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C213 Study guides, Class notes & Summaries
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WGU C213 TEST QUESTIONS WITH GUARANTEED CORRECT ANSWERS
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Financial statement analysis - correct answer Involves relationships and trends 
 
Analyzing financial statements, prognosis is - correct answer Prediction of how a business will perform in the future 
 
External users of financial statements use financial statement analysis for - correct answer Investing decisions 
 
Purpose of financial statement analysis - correct answer Diagnosis and Prognosis 
 
Liquidity - correct answer Ability a company has to pay its debts in the short run 
 
Asset turn...
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C213 Test Exam Questions With Correct Answers | Verified Solutions 2024
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C213 Test Exam Questions With Correct Answers | Verified Solutions 2024
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C213 Accounting for Decision Makers (VAC2 Terms) Exam Study Guide 2024
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"Other Assets" 
Long-term assets that are not suitable for reporting under any of the previous classifications 
Accounting 
A system of providing "quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions." 
Accounting Equation 
Assets = Liabilities + Owners' Equity 
Accounts Payable 
The flip side of accounts receivable—when one company sells on credit, creating for itself an account receivable, the company...
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Accounting for Decision Makers - C213 Pre Assessment Question and Answers 100% Correct
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Accounting for Decision Makers - C213 
Pre Assessment Question and Answers 
100% Correct 
Which of the following is the most correct definition of accounting? - A 
system for providing quantitative information, primarily financial in nature, 
about economic entities that is intended to be useful in making economic 
decisions 
What is NOT typically true of accounting information? - The information 
relates to future time periods. 
Which is NOT a key component of the definition of accounting? - 
Q...
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WGU C213 ACCOUNTING FOR DECISION MAKERS LATEST EXAM QUESTIONS AND CORRECT ANSWERS 2022-2024
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YOUR ANSWER	CORRECT ANSWER 
Ownership	 
 	 
 
Debt	 
 	 
 
Expenses		 
Revenues		 
Costs
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C213 Final Accounting Exam 2022/2023
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1. Which of the following activities would internal auditors NOT typically 
perform in a large company?: Detect fraud 
Evaluate internal controls 
*Prepare the primary financial statements 
Assist with increasing the efficiency of operation 
2. Correct Answer: $3,800 
Beginning cash balance: 
x + $309,800 - $118,000 - $190,000 = $5,600 
x = $3,800: The following financial information is available for the year 2012: 
Operating activities 
$ 309,800 
Investing activities 
($118,000) 
Financing act...
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C213 Final Accounting Exam 2022/2023
- Exam (elaborations) • 35 pages • 2024
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1. Which of the following activities would internal auditors NOT typically 
perform in a large company?: Detect fraud 
Evaluate internal controls 
*Prepare the primary financial statements 
Assist with increasing the efficiency of operation 
2. Correct Answer: $3,800 
Beginning cash balance: 
x + $309,800 - $118,000 - $190,000 = $5,600 
x = $3,800: The following financial information is available for the year 2012: 
Operating activities 
$ 309,800 
Investing activities 
($118,000) 
Financing act...
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C213 Final Accounting Exam QUESTIONS AND CORRECT DETAILED ANSWERS GRADED A+ 2024
- Exam (elaborations) • 67 pages • 2024
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C213 Final Accounting Exam QUESTIONS AND CORRECT DETAILED ANSWERS GRADED A+ 2024
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C213 Final Accounting Exam QUESTIONS AND CORRECT DETAILED ANSWERS GRADED A+ 2024
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C213 Final Accounting Exam QUESTIONS AND CORRECT DETAILED 
ANSWERS GRADED A+ 2024
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C213 Final Accounting Exam QUESTIONS AND CORRECT DETAILED ANSWERS GRADED A+ 2024
- Exam (elaborations) • 67 pages • 2024
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C213 Final Accounting Exam QUESTIONS AND CORRECT DETAILED 
ANSWERS GRADED A+ 2024
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