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D196 Study Guide.docx | Spring 2021School: WGU View Documents View More ACCOUNTING D196 Documents Looking for more study guides & notes to pass WGU? Find more study material on our WGU overview page Exam (elaborations)D196- Principles of Financial and Managerial Accounting. [Show more] Preview 2 out of 15 pages Send Message The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviewsStuvia customers have reviewed more than 450,000 summaries. This how you know that you are buying the best documents. Quick and easy check-outYou can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed. Focus on what mattersYour fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core! D196 – Principles of Financial and Managerial Accounting:Study GuideCourse OverviewThis course will provide you with a foundational understanding of how accounting impacts youas a business professional. From budgets and performance reports to cost analyses andapproaches to decision making, Accounting impacts them all.Principles of Accounting willintroduce you to how things are done in the business environment today. As the “language ofbusiness,” this course will give you an insider’s view of both financial and managerialaccounting, both of which will be essential to your success in whatever path you take in theglobal economy of today and the future.UNIT 2:(Competency Weight 15%)Accounting Information (Module 1)– Complete the following activities:Read/Listen to all the module content. Watch all the embedded videos.Complete all the Knowledge Checks.Complete the Module 1 quiz.You should be able to answer the following questions after studying this module:What is the role and purpose of Accounting?Who uses accounting information and why?What are the important influences on Accounting?What is the role of ethics in Accounting?The Accounting Cycle (Module 2)– Complete the following activities:Read/Listen to all the module content. Watch all the embedded videos.Complete all the Knowledge Checks.Complete the Module 2 quiz.You should be able to answer the following questions after studying this module:What is the Accounting Cycle and how does it work?oCan you explain the Accounting Cycle?What is the Accounting Equation?oCan you explain the ‘basic’ accounting equation?oCan you explain the ‘expanded’ accounting equation?Upon completion of Unit 2 (Modules 1 and 2)– Complete the following activities:Review the Unit 2 Summary.Complete the Unit 2 Test. |