WGU C213 ACCOUNTING FOR DECISION
MAKERS LEARNING WORKBOOK 2026 COST
BEHAVIOR BUDGETING AND PERFORMANCE
ANALYSIS
◉ Income Statement.
Answer: Financial performance of the company over a period of time
◉ Statement of cash flows.
Answer: cash receipts and disbursements of company over a period
of time
◉ Lender.
Answer: Predict ability to repay loans
◉ Investors.
Answer: Predict future earnings and dividends
◉ Suppliers & Customers.
Answer: ability to pay for goods and honor contracts
,◉ Company management.
Answer: analyze company's strengths and weaknesses
◉ Accounting equation.
Answer: Assets = Liabilities + Owner's Equity
◉ Assets.
Answer: resources, typically owned by the company
◉ Liabilities.
Answer: Obligations or debts of the company
◉ Owners equity.
Answer: direct and indirect investments owners (stockholders) have
made
◉ Liquidity.
Answer: the ease with which an asset can be converted into cash
◉ current assets.
Answer: cash and other assets expected to be exchanged for cash or
consumed within a year
, ◉ Accounts Receivable.
Answer: Amounts owed by customers as a result of credit sales,
usually collected in cash within 60 days of the sale.
◉ Short-term investments.
Answer: investments in stocks or bonds of another company that the
company plans to sell within 12 monts
◉ long term assets.
Answer: assets the company does not expect to convert to cash or
consume within 12 months
◉ Long-term investments.
Answer: investments in stock or bonds of another company that the
company does not plan to sell within 12 months
◉ Property, plant, and equipment (PP&E).
Answer: Land, buildings, machinery, and tools.
◉ intangible assets.
Answer: assets that have to physical or tangible characteristics
(patents, copyrights, and trademarks)
MAKERS LEARNING WORKBOOK 2026 COST
BEHAVIOR BUDGETING AND PERFORMANCE
ANALYSIS
◉ Income Statement.
Answer: Financial performance of the company over a period of time
◉ Statement of cash flows.
Answer: cash receipts and disbursements of company over a period
of time
◉ Lender.
Answer: Predict ability to repay loans
◉ Investors.
Answer: Predict future earnings and dividends
◉ Suppliers & Customers.
Answer: ability to pay for goods and honor contracts
,◉ Company management.
Answer: analyze company's strengths and weaknesses
◉ Accounting equation.
Answer: Assets = Liabilities + Owner's Equity
◉ Assets.
Answer: resources, typically owned by the company
◉ Liabilities.
Answer: Obligations or debts of the company
◉ Owners equity.
Answer: direct and indirect investments owners (stockholders) have
made
◉ Liquidity.
Answer: the ease with which an asset can be converted into cash
◉ current assets.
Answer: cash and other assets expected to be exchanged for cash or
consumed within a year
, ◉ Accounts Receivable.
Answer: Amounts owed by customers as a result of credit sales,
usually collected in cash within 60 days of the sale.
◉ Short-term investments.
Answer: investments in stocks or bonds of another company that the
company plans to sell within 12 monts
◉ long term assets.
Answer: assets the company does not expect to convert to cash or
consume within 12 months
◉ Long-term investments.
Answer: investments in stock or bonds of another company that the
company does not plan to sell within 12 months
◉ Property, plant, and equipment (PP&E).
Answer: Land, buildings, machinery, and tools.
◉ intangible assets.
Answer: assets that have to physical or tangible characteristics
(patents, copyrights, and trademarks)
