WGU C213 Study guides, Class notes & Summaries

WGU C213 PRE ASSESSMENT AND OBJECTIVE ASSESSMENT EXAM 2024 | ACCURATE AND VERIFIED QUESTIONS WITH DETAILED ANSWERS | LATEST UPDATE | GUARANTEED PASS

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What does accounting focus on? - The impact a business's activities have on its relationships with customers - The impact a business's activities have on the environment. - The impact a business's activities have on its public image. - The impact a business's activities have on its overall financial performance. - The impact a business's activities on its overall financial performance. Which report summarizes cash collections and cash expenditures from operating, investing, and finan...

What does accounting focus on? - 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? - Statement of cash flows Which users would have a primary concern with an organization's ability to provide healthcare benefits? - Employees Which body regulates a certified public accounting firm's audit practices when the firm is auditing ...

Accounting - 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 - the preservation of a systematic, quantitative record of an activity accounting system - 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 of the business Accounting information - Info...

Total Liabilities/Total Assets Current Ratio Current Assets/Current Liabilities. Only need a balance sheet. Return on Sales Net Income/Sales. Only need income statement Asset Turnover Sales/Total Assets Return on Equity Net Income/Stockholder's equity. Balance and Income Statements used. Price-Earnings Ratio (PE) Market Value fo Shares/Net Income Accounting is the recording of the day-to-day financial activities of a company and the organization of that information into summary rep...

A 45-year-old patient is found supine on the floor. Healthcare providers note pinpoint pupils, shallow respirations, and vomitus in and around the mouth. What course of action should be taken next? a. Initiate an IV and administer naloxone b. Supplemental oxygen and suction c. Obtain a blood glucose level d. Begin BVM ventilations Correct ans - b. Supplemental oxygen andsuction 2. Patients with a history of COPD that present with an acute onset ofshortness of breath are likely to have wh...

What Political views exist on Foreign Direct Investment (FDI)*** - ***answer includes radicalism*** Radical View - Hostile to foreign direct investment (FD) Free Market View - Suggests foreign direct investment (FDI) unrestricted by government intervention is the best. Pragmatic Nationalism - Only approves foreign direct investment (FDI) when its benefits outweigh its costs. ***What is Resource similarity*** - The extent to which a given competitor possesses strategic endowment comparabl...

Order of assets listed on the balance sheet Correct Ans Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. Current assets are listed before long-term ass...

Which two phrases represent the views of globalization? Choose two answers. - - A pendulum that swings from one extreme to another. - A competition among key financial centers and markets. What are two trade barriers? - - Nontariffs - Tarriffs What is the effect of tariff on a particular product for the country imposing the tariff? - Increases domestic production of the product.

Benefits to a country receiving FDI - Capital Inflow, Technology Spillover, Advanced Management Know-How, Job creation Costs to a country receiving FDI - Loss of Sovereignty, Adverse effects on competition, Capital outflow. How do resources and capabilities influence the competitive dynamics of a business? - Resource similarity and market commonality can yield a powerful framework for competitor analysis. Resource similarity - competitor possesses strategic endowment comparable, in terms o...

The impact a business's activities have on its overall financial performance What does accounting focus on? Statement of cash flows Which report summarizes cash collections and cash expenditures from operating, investing, and financing activities over a period of time? Employees Which users would have a primary concern with an organization's ability to provide healthcare benefits? An increase in its compatibility to other companies Which benefit does a corporation gain by following Gen...