WGU Accounting-for-Decision-Makers : WGU Accounting for Decision Makers C213 VAC2

  • Exam Code: Accounting-for-Decision-Makers
  • Exam Name: WGU Accounting for Decision Makers C213 VAC2
  • Updated: Aug 06, 2026
  • Q & A: 71 Questions and Answers

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Accounting-for-Decision-Makers exam dumps

WGU Accounting-for-Decision-Makers Exam Syllabus Topics:

SectionObjectives
Managerial Accounting for Decision Making- Cost Behavior
  • 1. Fixed vs variable costs
    • 2. Mixed costs analysis
      - Budgeting and Planning
      • 1. Operating budgets
        • 2. Forecasting and variance analysis
          - Cost-Volume-Profit Analysis
          • 1. Contribution margin concepts
            • 2. Break-even analysis
              Financial Accounting Fundamentals- Accounting Principles
              • 1. Revenue recognition concepts
                • 2. Accrual vs cash accounting
                  - Financial Statements
                  • 1. Income Statement analysis
                    • 2. Balance Sheet structure
                      • 3. Cash Flow Statement basics
                        Business Decision Support- Performance Measurement
                        • 1. Responsibility accounting concepts
                          • 2. Financial ratios overview
                            - Relevant Costing
                            • 1. Differential cost analysis
                              • 2. Make or buy decisions

                                WGU Accounting for Decision Makers C213 VAC2 Sample Questions:

                                1. 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


                                2. How does management accounting differ from financial accounting?

                                A) Management accounting presents an unbiased view of a company's economic performance
                                B) Management accounting is not used to gain a competitive advantage in the marketplace
                                C) Management accounting is restricted to providing financial rather than nonfinancial data
                                D) Management accounting is used primarily for internal planning, control, and evaluation


                                3. Which current asset on a balance sheet appears first in the traditional category order for U.S.-based companies?

                                A) Inventory
                                B) Prepaid expenses
                                C) Cash
                                D) Accounts receivable


                                4. Which two details can management determine through a cost-volume-profit analysis?
                                Choose 2 answers.

                                A) The impact that a change in cost would have on a business organization's profit margin in the future
                                B) The impact of past income tax costs on a business organization's profit margin
                                C) The impact of past transactions on a business organization's profit margin
                                D) The impact of a change in a business organization's number of units sold to reach a certain profit margin in the future


                                5. Given the following information:
                                Pairs of shoes expected to be produced = 1,950,000
                                Pairs of shoes produced = 2,500,000
                                Overhead rate = $0.75
                                What is the amount of applied overhead?

                                A) $1,875,000
                                B) $412,500
                                C) $1,462,500
                                D) $550,000


                                Solutions:

                                Question # 1
                                Answer: D
                                Question # 2
                                Answer: D
                                Question # 3
                                Answer: C
                                Question # 4
                                Answer: A,D
                                Question # 5
                                Answer: A

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