WGU D196 OBJECTIVE ASSESSMENT VERSION 1,2

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WGU D196 OBJECTIVE ASSESSMENT VERSION 1,2

AND 3 EXAM NEWEST 2025 ACTUAL EXAM

COMPLETE 300 QUESTIONS AND CORRECT

DETAILED ANSWERS (VERIFIED ANSWERS)

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WGU D196 OBJECTIVE ASSESSMENT ASSESSMENT VERS ION 1

Which business document involves the process of tracking the actual performance of a company?

• balance sheet

b.sales invoice and purchase order.

• money order
• none of the anwers - CORRECT ANSWER -b

Your company purchases new equipment for cash. Which accounts are increased and decreased because of this transaction?

• Cash increases and Equipment increases
• Cash decreases and equipment decreases

c.Equipment increases and owners equity decreases 1 / 4

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d .Equipment increases and cash decreases. - CORRECT ANSWER-d

What factors should the production supervisor consider in assembling her production?a.Projected sales, desired ending inventory, and amount of beginning inventory.b.desired ending inventory, sales, and beginning inventory

• beginning inventory, sales, and ending inventory
• none of the answers - CORRECT ANSWER -a

BEP (units) formula

• sales- cm

b.fixed costs / CM per unit c.fixed cost / variance cost

• fixed costs - cm per unit - CORRECT ANSWER -b

Earnings (Loss) Per Share (EPS) a.net income /outstanding number of shares of stock.

• number of shares of stock - net income
• both alternatives
• none of the alternatives - CORRECT ANSWER -a 2 / 4

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What is the impact of expenses on the accounting equation?

• Expenses decrease owners' equity.
• revenue increases owner's equity
• owners 's equity increase revenue
• liability decrease owner's equity - CORRECT ANSWER -a

For purposes of cash flow classification in the statement of cash flows, which item is an investing activity?

• Repaying loans
• Borrowing money
• Distribution to owners
• Purchasing land - CORRECT ANSWER -d

Is true or false that :

FASB : accounting standards for publicity listed companies

GAAP : rules governing financial . Set by private, non-

governate group Fasb and IASB

GASB : private non-governmental that seeks improve acct

practices and procedures.

IASB : founded in 1973- international accounting standards. -

CORRECT ANSWER -true 3 / 4

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Prints Plus reported the following data:

Sales price per unit $60 Variable cost per unit 30 Fixed costs $120,000

What is Prints Plus's contribution margin per unit?

• $30
• $50

c.$60 d.$ 4,000 - CORRECT ANSWER -a

Prints Plus reported the following data:

Sales price per unit $60 Variable cost per unit 30 Fixed costs $120,000 What is Prints Plus's contribution margin ratio?

• .030

b . 0.50

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