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WGU Accounting-for-Decision-Makers Braindumps - in .pdf Free Demo

  • Exam Code: Accounting-for-Decision-Makers
  • Exam Name: WGU Accounting for Decision Makers C213 VAC2
  • Last Updated: Nov 15, 2026
  • Q & A: 71 Questions and Answers
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  • Exam Code: Accounting-for-Decision-Makers
  • Exam Name: WGU Accounting for Decision Makers C213 VAC2
  • Last Updated: Nov 15, 2026
  • Q & A: 71 Questions and Answers
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WGU Accounting-for-Decision-Makers Exam Syllabus Topics:

SectionWeightObjectives
Controls and Regulations10–15%- Internal control systems and principles
  • 1. Risk assessment and control activities
  • 2. Compliance with laws and regulations
Cost Systems20–25%- Cost concepts and classification
  • 1. Variable, fixed, mixed costs
  • 2. Direct vs indirect costs
- Costing methods
  • 1. Traditional costing
  • 2. Activity-based costing (ABC)
Profit Planning10–15%- Cost-volume-profit (CVP) analysis
  • 1. Break-even and target profit calculations
  • 2. Sensitivity analysis
Budgeting and Decision Making10–15%- Master budget and components
  • 1. Cash budgeting and forecasting
  • 2. Operating and financial budgets
- Relevant information for decision making
  • 1. Make-or-buy, special order, keep-or-drop decisions
  • 2. Capital budgeting basics
Financial Analysis45–50%- Financial statement analysis techniques
  • 1. Ratio analysis: liquidity, profitability, solvency
  • 2. Trend and comparative analysis
- Purpose and components of financial statements
  • 1. Balance sheet, income statement, cash flow statement
  • 2. GAAP and reporting standards

WGU Accounting for Decision Makers C213 VAC2 Sample Questions:

Question #1

Which two items on an income statement result in decreased net income if they are increased?
Choose 2 answers.

  • A. Gains
  • B. Revenues
  • C. Cost of goods sold
  • D. Interest expense
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

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Question #2

What are two examples of product costs?
Choose 2 answers.

  • A. Raw materials
  • B. Period expenses
  • C. Direct labor
  • D. Selling and administrative expenses
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Explanation: Only visible for VCE4Dumps members. You can sign-up / login (it's free).

Question #3

Last year, X Corporation had sales of $500,000 and total expenses of $300,000. A manager of the company is entitled to get a sales commission of 10% of net profit.
What amount of sales commission is to be recognized at year-end?

  • A. $30,000
  • B. $50,000
  • C. $10,000
  • D. $20,000
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Who does Sarbanes-Oxley apply to?

  • A. Nonpublic wholly-owned subsidiaries of foreign companies doing business in the United States
  • B. Publicly traded companies in the United States
  • C. Publicly traded, wholly-owned subsidiaries of foreign companies doing business in the United States
  • D. Nonpublic companies in the United States
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

What is a significant role of the U.S. Securities and Exchange Commission (SEC) in financial reporting?

  • A. The SEC ensures that financial statement users are provided with reliable information to use in decision- making
  • B. The SEC ensures that auditors have the resources and information necessary to provide valuable professional services
  • C. The SEC provides representation and training to controllers of public companies
  • D. The SEC supports company management and boards of directors in the effective discharge of their responsibilities
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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