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WGU C202 MANAGING HUMAN CAPITAL QUESTONS WITH ACCURATE ANSWERS
Direct financial compensation - correct answer compensation received in the form of salary, wages, commissions, stock options or bonuses 
 
indirect financial compensation - correct answer all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance 
 
nonfinancial compensation - correct answer rewards and incentives given to employees that aren't financial in nature 
 
base pay - correct answer reflects th...
- Exam (elaborations)
- • 52 pages •
Direct financial compensation - correct answer compensation received in the form of salary, wages, commissions, stock options or bonuses 
 
indirect financial compensation - correct answer all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance 
 
nonfinancial compensation - correct answer rewards and incentives given to employees that aren't financial in nature 
 
base pay - correct answer reflects th...
WGU C213 TEST QUESTIONS WITH GUARANTEED CORRECT ANSWERS
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...
- Exam (elaborations)
- • 22 pages •
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...
WGU C213 ACCOUNTING FOR DECISION MAKERS QUESTIONS & ANSWERS
1. Prepare 2. Analyze 3. Gather 4. Make decisions 5. Implement 6. Observe. - correct answer Accounting steps. 
 
Inside, Internal - correct answer Managerial info is inside or outside the business? 
 
True. Financial accounting is only outside. Managerial accounting can be inside AND outside. - correct answer True or false, managerial accounting uses BOTH managerial and financial accounting? 
 
Outside, External, includes lenders and investors - correct answer Financial is inside or outside the ...
- Exam (elaborations)
- • 49 pages •
1. Prepare 2. Analyze 3. Gather 4. Make decisions 5. Implement 6. Observe. - correct answer Accounting steps. 
 
Inside, Internal - correct answer Managerial info is inside or outside the business? 
 
True. Financial accounting is only outside. Managerial accounting can be inside AND outside. - correct answer True or false, managerial accounting uses BOTH managerial and financial accounting? 
 
Outside, External, includes lenders and investors - correct answer Financial is inside or outside the ...
C213 WGU PRE-ASSESSMENT QUESTIONS & ANSWERS
Which of the following is the most correct definition of accounting? - correct answer 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? - correct answer The information relates to future time periods. 
 
Which is NOT a key component of the definition of accounting? - correct answer Qualitative 
 
What is true about the double-en...
- Exam (elaborations)
- • 23 pages •
Which of the following is the most correct definition of accounting? - correct answer 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? - correct answer The information relates to future time periods. 
 
Which is NOT a key component of the definition of accounting? - correct answer Qualitative 
 
What is true about the double-en...
WGU C213 EXAM GUIDE WITH GUARANTEED CORRECT ANSWERS
Purpose of accounting - correct answer Accounting is the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status. 
Bookkeeping is a part of accounting. Bookkeeping refers to the process of recording transactions into various accounts, which is the first step in accounting. The next step is to analyze the accounts and organize them into financial statements and other useful reports...
- Exam (elaborations)
- • 21 pages •
Purpose of accounting - correct answer Accounting is the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status. 
Bookkeeping is a part of accounting. Bookkeeping refers to the process of recording transactions into various accounts, which is the first step in accounting. The next step is to analyze the accounts and organize them into financial statements and other useful reports...
WGU C213 ACCOUNTING FOR DECISION MAKERS QUESTIONS & ANSWERS
Accounting - correct answer the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status 
 
Bookkeeping - correct answer the preservation of a systematic, quantitative record of an activity 
 
accounting system - correct answer used by a business to handle routine bookkeeping tasks and to structure the information so it can be used to evaluate the performance and financial status o...
- Exam (elaborations)
- • 9 pages •
Accounting - correct answer the recording of the day-to-day financial activities of a company and the organization of that information into summary reports used to evaluate the company's financial status 
 
Bookkeeping - correct answer the preservation of a systematic, quantitative record of an activity 
 
accounting system - correct answer used by a business to handle routine bookkeeping tasks and to structure the information so it can be used to evaluate the performance and financial status o...
WGU C213 PRE-ASSESSMENT 2024 WITH GUARANTEED CORRECT ANSWERS
What does accounting focus on? - correct answer The impact a business's activities have on its overall financial performance 
 
Which report summarizes cash collections and cash expenditures from operating, investing, and financing activities over a period of time? - correct answer Statement of cash flows 
 
Which users would have a primary concern with an organization's ability to provide healthcare benefits? - correct answer Employees 
 
Which benefit does a corporation gain by following Gen...
- Exam (elaborations)
- • 24 pages •
What does accounting focus on? - correct answer The impact a business's activities have on its overall financial performance 
 
Which report summarizes cash collections and cash expenditures from operating, investing, and financing activities over a period of time? - correct answer Statement of cash flows 
 
Which users would have a primary concern with an organization's ability to provide healthcare benefits? - correct answer Employees 
 
Which benefit does a corporation gain by following Gen...
WGU C224 EXAM TEST WITH CORRECT ANSWERS
Characteristics of Quantitative Research - correct answer numerical data (quantity); hypothesis & research procedure are stated BEFORE data collection; large sample size; rely on statistical procedure; low interaction with subjects; rely on controlling, measuring, and generalizing; objective by nature 
 
Quantitative Methods/Designs - correct answer survey research; correlational research; causal comparative; experimental; single subject experimental 
 
Sampling techniques for quantitative resea...
- Exam (elaborations)
- • 15 pages •
Characteristics of Quantitative Research - correct answer numerical data (quantity); hypothesis & research procedure are stated BEFORE data collection; large sample size; rely on statistical procedure; low interaction with subjects; rely on controlling, measuring, and generalizing; objective by nature 
 
Quantitative Methods/Designs - correct answer survey research; correlational research; causal comparative; experimental; single subject experimental 
 
Sampling techniques for quantitative resea...
C224 WGU OBJECTIVE ASSESSMENT QUESTIONS WITH ACCURATE ANSWERS
What is the purpose of evidence in research? - correct answer Support Theories 
 
What is the primary objective of education research that studies a phenomenon of which little is known? - correct answer To understand 
 
What is a variable in educational research? - correct answer A measurable characteristic 
 
Which type of qualitative data analysis places a high priority on being true to, respecting, and capturing the details of individual situations? - correct answer Unique Case Orientation 
 ...
- Exam (elaborations)
- • 7 pages •
What is the purpose of evidence in research? - correct answer Support Theories 
 
What is the primary objective of education research that studies a phenomenon of which little is known? - correct answer To understand 
 
What is a variable in educational research? - correct answer A measurable characteristic 
 
Which type of qualitative data analysis places a high priority on being true to, respecting, and capturing the details of individual situations? - correct answer Unique Case Orientation 
 ...
WGU C224 RESEARCH FOUNDATIONS QUESTIONS AND ANSWERS
Research Literature - correct answer the set of published research studies on a particular topic 
 
Abstract - correct answer a brief summary of what is included in the article. 
*provide a concise breakdown of article goals, methods, and tentative results. 
 
Understanding - correct answer attempting to learn about and generate ideas about specific and unique phenomena. 
*important in early stages of research 
*little previously known 
*without preconceived notions 
*"discover" important fact...
- Exam (elaborations)
- • 16 pages •
Research Literature - correct answer the set of published research studies on a particular topic 
 
Abstract - correct answer a brief summary of what is included in the article. 
*provide a concise breakdown of article goals, methods, and tentative results. 
 
Understanding - correct answer attempting to learn about and generate ideas about specific and unique phenomena. 
*important in early stages of research 
*little previously known 
*without preconceived notions 
*"discover" important fact...
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