WGU MBA - Data Driven
Decision Making QUESTIONS
AND VERIFIED CORRECT
ANSWERS GRADED A+
[LATEST] 100% GUARANTEED
PASS
Ending Retained Earnings - CORRECT ANSWER-beginning retained earnings + net income -
dividends
Assets - CORRECT ANSWER-Cash, Accounts Receivable, Inventory, Supplies, Prepaid expenses,
PPE
Liabilities - CORRECT ANSWER-_______ Payable, Unearned Payable, Bonds, Notes Payable.
Shareholders Equity - CORRECT ANSWER-Ending Common Stock, Ending Retained Earnings -
broken down into BRE equation broken down into Revenues - Expenses
Operating Activities - CORRECT ANSWER-Cash flow activities that include the cash effects of
transactions that create revenues and expenses.
Investing Activities - CORRECT ANSWER-Includes cash transactions involving the purchase and
sale of long-term assets.
, Financial Activities - CORRECT ANSWER-borrowing or repaying banks or shareholders
DEAD rule? - CORRECT ANSWER-Debits increase for Expenses, Assets, and Dividends
entry for issuing a note/issuing stock - CORRECT ANSWER-Cash D
N/P C
entry for Purchasing PPE - CORRECT ANSWER-PPE D
Cash C
entry for Purchasing supplies/inventory with cash - CORRECT ANSWER-Supplies D
Cash C
entry for Purchasing supplies/inventory on account - CORRECT ANSWER-Supplies D
Accounts Payable C
entry for Providing services for cash - CORRECT ANSWER-Cash D
Service Revenue C
entry for Providing services on account - CORRECT ANSWER-Accounts Receivable D
Service Revenue C
entry for Paying Employees - CORRECT ANSWER-Wages expense D
Cash C
Decision Making QUESTIONS
AND VERIFIED CORRECT
ANSWERS GRADED A+
[LATEST] 100% GUARANTEED
PASS
Ending Retained Earnings - CORRECT ANSWER-beginning retained earnings + net income -
dividends
Assets - CORRECT ANSWER-Cash, Accounts Receivable, Inventory, Supplies, Prepaid expenses,
PPE
Liabilities - CORRECT ANSWER-_______ Payable, Unearned Payable, Bonds, Notes Payable.
Shareholders Equity - CORRECT ANSWER-Ending Common Stock, Ending Retained Earnings -
broken down into BRE equation broken down into Revenues - Expenses
Operating Activities - CORRECT ANSWER-Cash flow activities that include the cash effects of
transactions that create revenues and expenses.
Investing Activities - CORRECT ANSWER-Includes cash transactions involving the purchase and
sale of long-term assets.
, Financial Activities - CORRECT ANSWER-borrowing or repaying banks or shareholders
DEAD rule? - CORRECT ANSWER-Debits increase for Expenses, Assets, and Dividends
entry for issuing a note/issuing stock - CORRECT ANSWER-Cash D
N/P C
entry for Purchasing PPE - CORRECT ANSWER-PPE D
Cash C
entry for Purchasing supplies/inventory with cash - CORRECT ANSWER-Supplies D
Cash C
entry for Purchasing supplies/inventory on account - CORRECT ANSWER-Supplies D
Accounts Payable C
entry for Providing services for cash - CORRECT ANSWER-Cash D
Service Revenue C
entry for Providing services on account - CORRECT ANSWER-Accounts Receivable D
Service Revenue C
entry for Paying Employees - CORRECT ANSWER-Wages expense D
Cash C
