WGU D074 PRINCIPLES OF
ACCOUNTING EXAM QUESTIONS
WITH VERIFIED ANSWERS,
COMPLETE STUDY GUIDE 2026/2027
Which statement describes the role of ethics in
accounting?
A: Accountants have a moral incentive to conduct
themselves ethically.
B: Accountants are rarely presented with ethical dilemmas
in their daily work.
C: Ethics is not as important in accounting as it is in other
areas of business.
, D: Accounting decisions do not impact real-world
economic decisions.
A: Accountants have a moral incentive to conduct
themselves ethically.
Accountants are trusted to provide reliable and
trustworthy financial information.
Which statement below describes why you should study
accounting?
A: Accountants are paid more than any other employee in
a business.
B: At some point in my career, I will need to use
accounting information to make business decisions.
Correct! At some point in your career, you will be
glad that you understand the principles of
accounting as you make important business
decisions.
ACCOUNTING EXAM QUESTIONS
WITH VERIFIED ANSWERS,
COMPLETE STUDY GUIDE 2026/2027
Which statement describes the role of ethics in
accounting?
A: Accountants have a moral incentive to conduct
themselves ethically.
B: Accountants are rarely presented with ethical dilemmas
in their daily work.
C: Ethics is not as important in accounting as it is in other
areas of business.
, D: Accounting decisions do not impact real-world
economic decisions.
A: Accountants have a moral incentive to conduct
themselves ethically.
Accountants are trusted to provide reliable and
trustworthy financial information.
Which statement below describes why you should study
accounting?
A: Accountants are paid more than any other employee in
a business.
B: At some point in my career, I will need to use
accounting information to make business decisions.
Correct! At some point in your career, you will be
glad that you understand the principles of
accounting as you make important business
decisions.
