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

Accounting-for-Decision-Makers real exams

Exam Code: Accounting-for-Decision-Makers

Exam Name: WGU Accounting for Decision Makers C213 VAC2

Updated: Jun 01, 2026

Q & A: 71 Questions and Answers

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WGU Accounting for Decision Makers C213 VAC2 Sample Questions:

1. Which two items increase net income?
Choose 2 answers.

A) Income tax expense
B) Gain on sale of assets
C) Interest income
D) Cost of sales


2. Which two examples represent financial statement errors?
Choose 2 answers.

A) An accounting department miscalculates the payroll tax due at year-end, resulting in an inaccurate liability
B) An outside auditor disagrees with the amount reported as an allowance for uncollectible accounts receivable
C) An accountant unintentionally records amounts as revenue that were prepaid by customers but not yet earned
D) An accounting employee overpays a supplier and receives a portion of the excess as a kickback


3. What are the costs associated with two or more business units called?

A) Indirect costs
B) Direct costs
C) Product costs
D) Variable costs


4. Which overhead cost is associated with batch-level activities?

A) Factory insurance
B) Machine setups
C) Product engineering wages
D) Property taxes


5. A company manufactures leather products and has recently switched to the activity-based costing (ABC) method. It needs to determine the cost of its leather wallets. The company is already aware of its DM and DL costs.
What is the first step to calculating the cost of the product?

A) Calculate G & A
B) Identify overhead cost activities
C) Assign overhead costs
D) Double check the DM & DL calculations


Solutions:

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

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