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

WGU Accounting-for-Decision-Makers exam
  • Exam Code: Accounting-for-Decision-Makers
  • Exam Name: WGU Accounting for Decision Makers C213 VAC2
  • Updated: Jun 06, 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) Interest income
B) Gain on sale of assets
C) Cost of sales
D) Income tax expense


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

A) The SEC ensures that auditors have the resources and information necessary to provide valuable professional services
B) The SEC supports company management and boards of directors in the effective discharge of their responsibilities
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


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

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


4. What is the impact on costs as sales volume decreases?

A) Total variable costs will decrease in direct proportion
B) Total fixed costs will increase in direct proportion
C) Total variable costs will increase in direct proportion
D) Total fixed costs will decrease in direct proportion


5. A company allocates overhead based on the number of shoes produced.
The company estimates the following costs and shoe production for the upcoming year:
Estimated total overhead = $1,250,000
Estimated number of shoes = 4,000,000
Actual overhead = $1,350,000
Actual number of shoes = 4,100,000
What is the predetermined overhead rate?

A) $0.313
B) $0.343
C) $0.375
D) $0.329


Solutions:

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

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