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WGU D196 Pre Assessment Newest 2025-2026 Complete All Questions And Correct Detailed Answers (Verified Answers) |Already Graded A+||Brand New Version!
How does a classified balance sheet provide useful information to a decision maker?-It provides data for a period of time instead of as a point in time.-It distinguishes between current and long-term assets.-It distinguishes liabilities from expenses.-It provides data that are not publicly disclosed. - ANSWER-It distinguishes between current and long-term assets.
What information does a balance sheet provide to a decision maker?-Summary of the operating performance of a company at a particular date -Summary of the operating performance of a company during a period -Summary of the cash flows of a company during a period -Summary of the financial position of a company at a particular date - ANSWER-Summary of the financial position of a company at a particular date
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What is an account payable?-The amount to be paid by a company for dividends to shareholders -The amount owed by a company that purchased goods or services from a supplier on credit The amount to be paid by a company in repayment of both loans and dividends The amount owed to a company that sold goods or services to a customer on credit - ANSWER-The amount owed by a company that purchased goods or services from a supplier on credit
What is an example of a financial cost that would result from poor direct labor budgeting and planning?-Delayed cash collections from credit customers -Increased hiring, training, and overtime costs -Excessive inventory storage costs -Increased depreciation costs for facilities - ANSWER-Increased hiring, training, and overtime costs
What does a manager have control over in a cost center?-Dividends -Assets -Costs -Revenues - ANSWER-Costs
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What should be considered when developing a measure to evaluate the performance of a manager?-Only noncontrollable costs -Only controllable costs -Only centralized costs -Only indirect costs - ANSWER-Only controllable costs
In some companies, the performance measures for profit center managers are heavily influenced by cost allocations downward from organizational units (such as company headquarters).Why is this a mistake?-Controllable costs should not be included in the performance evaluation measure of a profit center manager.-Revenues should not be included in the performance evaluation measure of a profit center manager.-Uncontrollable costs should not be included in the performance evaluation measure of a profit center manager.-Direct costs should not be included in the performance evaluation measure of a profit center manager. - ANSWER-Uncontrollable costs should not be included in the performance evaluation measure of a profit center manager.
Which budget should include the expected cost of supplies used by the office staff of the corporate headquarters?-Production budget
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