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

  • Exam Code: Accounting-for-Decision-Makers
  • Exam Name: WGU Accounting for Decision Makers C213 VAC2
  • Updated: Oct 14, 2026
  • Q&As: 71 Questions and Answers

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WGU Accounting-for-Decision-Makers Exam Syllabus Topics:

SectionObjectives
Topic 1: Business Decision Support- Relevant Costing
  • 1. Make or buy decisions
    • 2. Differential cost analysis
      - Performance Measurement
      • 1. Responsibility accounting concepts
        • 2. Financial ratios overview
          Topic 2: Financial Accounting Fundamentals- Financial Statements
          • 1. Cash Flow Statement basics
            • 2. Balance Sheet structure
              • 3. Income Statement analysis
                - Accounting Principles
                • 1. Accrual vs cash accounting
                  • 2. Revenue recognition concepts
                    Topic 3: Managerial Accounting for Decision Making- Cost-Volume-Profit Analysis
                    • 1. Break-even analysis
                      • 2. Contribution margin concepts
                        - Budgeting and Planning
                        • 1. Forecasting and variance analysis
                          • 2. Operating budgets
                            - Cost Behavior
                            • 1. Fixed vs variable costs
                              • 2. Mixed costs analysis

                                WGU Accounting for Decision Makers C213 VAC2 Sample Questions:

                                Question #1

                                A company budgeted the following purchases for raw materials:
                                January = $10,000
                                February = $20,000
                                March = $25,000
                                April = $22,000
                                May = $27,000
                                June = $30,000
                                July = $24,000
                                The company has a policy of paying for 40% of purchases in the month of the purchase, 35% in the month following the purchase, and 25% in the second month following the purchase.
                                What are the budgeted cash disbursements for May based on this information?

                                • A. $27,300
                                • B. $18,500
                                • C. $24,750
                                • D. $25,050
                                Reveal Solution  Discussion  0

                                Correct Answer: D  🗳️

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                                Question #2

                                Which two costs would be used to calculate inventory overhead?
                                Choose 2 answers.

                                • A. Administrative office electricity costs
                                • B. Production employee benefits
                                • C. Administrative employee benefits
                                • D. Factory electricity costs
                                Reveal Solution  Discussion  0

                                Correct Answer: B,D  🗳️

                                Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).

                                Question #3

                                How are activity-based costing systems different from traditional costing systems?

                                • A. Activity-based costing systems are used with homogeneous products while traditional costing systems are used with heterogeneous products
                                • B. Activity-based costing systems are based on a single cost driver and traditional costing systems are based on multiple cost drivers
                                • C. Activity-based costing systems provide a more precise assignment of overhead costs when multiple products are manufactured than traditional costing systems do
                                • D. Activity-based costing systems require less time and expense to administer than traditional costing systems
                                Reveal Solution  Discussion  0

                                Correct Answer: C  🗳️

                                Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).

                                Question #4

                                What is a significant role of the U.S. Securities and Exchange Commission (SEC) in financial reporting?

                                • A. The SEC supports company management and boards of directors in the effective discharge of their responsibilities
                                • B. The SEC ensures that auditors have the resources and information necessary to provide valuable professional services
                                • C. The SEC provides representation and training to controllers of public companies
                                • D. The SEC ensures that financial statement users are provided with reliable information to use in decision- making
                                Reveal Solution  Discussion  0

                                Correct Answer: D  🗳️

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                                Question #5

                                Which two items on an income statement result in decreased net income if they are increased?
                                Choose 2 answers.

                                • A. Gains
                                • B. Revenues
                                • C. Cost of goods sold
                                • D. Interest expense
                                Reveal Solution  Discussion  0

                                Correct Answer: C,D  🗳️

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