WGU D101 2026 QUALITY IMPROVEMENT
AND PATIENT SAFETY REVIEW QUESTIONS
PROFESSIONAL GUIDE
◉ Cost of Goods Manufactured
Answer: Total of all manufacturing costs
◉ Cost of Goods Manufactured Schedule
Answer: A schedule supporting the income statement that
summarizes the total cost of goods manufactured and transferred
out of the work-inprocess inventory account during a period; these
costs include direct materials, direct labor, and applied
manufacturing overhead
◉ Cost of Goods Sold
Answer: Cost of products sold in a company, including costs of
materials used to create product and labor costs
◉ Cost-volume-profit (CVP) Analysis
Answer: Techniques for determining how changes in revenues, costs,
and level of activity affect the profitability of an organization
, ◉ Critical Resource Factor
Answer: The resource that limits operating capacity by its
availability
◉ Differential Cost
Answer: Future costs that change as a result of a decision; also called
incremental or relevant costs
◉ Direct Materials Budget
Answer: A schedule of direct materials to be used during the budget
period and direct materials to be purchased during that period
◉ Economies of Scale
Answer: A proportionate saving in costs gained by an increased level
of production
◉ Ending Work-in-process Inventory
Answer: Cost of partially completed work at the end of an
accounting period
◉ Equivalent Units of Production
Answer: A method used in a process costing system to measure the
production output during a period; essentially the "work done" by
the center or department in terms of units of output
AND PATIENT SAFETY REVIEW QUESTIONS
PROFESSIONAL GUIDE
◉ Cost of Goods Manufactured
Answer: Total of all manufacturing costs
◉ Cost of Goods Manufactured Schedule
Answer: A schedule supporting the income statement that
summarizes the total cost of goods manufactured and transferred
out of the work-inprocess inventory account during a period; these
costs include direct materials, direct labor, and applied
manufacturing overhead
◉ Cost of Goods Sold
Answer: Cost of products sold in a company, including costs of
materials used to create product and labor costs
◉ Cost-volume-profit (CVP) Analysis
Answer: Techniques for determining how changes in revenues, costs,
and level of activity affect the profitability of an organization
, ◉ Critical Resource Factor
Answer: The resource that limits operating capacity by its
availability
◉ Differential Cost
Answer: Future costs that change as a result of a decision; also called
incremental or relevant costs
◉ Direct Materials Budget
Answer: A schedule of direct materials to be used during the budget
period and direct materials to be purchased during that period
◉ Economies of Scale
Answer: A proportionate saving in costs gained by an increased level
of production
◉ Ending Work-in-process Inventory
Answer: Cost of partially completed work at the end of an
accounting period
◉ Equivalent Units of Production
Answer: A method used in a process costing system to measure the
production output during a period; essentially the "work done" by
the center or department in terms of units of output
