WGU D076 Finance Skills for
Managers OA Prep 2026 Exam
Questions and Answers | A+
Score Assured
UNIT 2
What are the main services offered by financial institutions?
1. Deciding which assets to invest in to create wealth in the future
,2. Soliciting charitable donations and then managing the distribution of
these funds
3. Evaluating sources of funding for a business project, the capital structure
of a firm, or actions managers could take to increase the value of the firm
4. Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions - 🧠 ANSWER ✔✔4.
Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions
Correct! Financial institutions such as banks, insurance companies, and
mutual fund companies provide these services.
UNIT 2
What is the main objective of personal financial goals?
1. To maximize stock investments
,2. To maximize owner wealth
3. To maximize charity donations
4. To maximize individual utility - 🧠 ANSWER ✔✔4. To maximize individual
utility
Correct! You set goals and act to increase your satisfaction or happiness
by taking care of necessities and achieving priorities.
UNIT 2
Which task does the financial manager of a firm perform that involves the
issuance of new stocks and bonds?
1. Deciding on accounting standards
2. Making financing decisions
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PRIVACY STATEMENT. ALL RIGHTS RESERVED
, 3. Managing working capital
4. Making investing decisions - 🧠 ANSWER ✔✔2. Making financing
decisions
Correct! Once investment decisions are made, a financial manager
considers different possibilities of financing sources for the investments.
This may include issuing new stocks and bonds.
UNIT 2
Why is understanding the definition of finance important in managing
personal finances?
1. It helps individuals act ethically with regard to finances.
2. It helps individuals understand legal issues related to finance.
Managers OA Prep 2026 Exam
Questions and Answers | A+
Score Assured
UNIT 2
What are the main services offered by financial institutions?
1. Deciding which assets to invest in to create wealth in the future
,2. Soliciting charitable donations and then managing the distribution of
these funds
3. Evaluating sources of funding for a business project, the capital structure
of a firm, or actions managers could take to increase the value of the firm
4. Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions - 🧠 ANSWER ✔✔4.
Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions
Correct! Financial institutions such as banks, insurance companies, and
mutual fund companies provide these services.
UNIT 2
What is the main objective of personal financial goals?
1. To maximize stock investments
,2. To maximize owner wealth
3. To maximize charity donations
4. To maximize individual utility - 🧠 ANSWER ✔✔4. To maximize individual
utility
Correct! You set goals and act to increase your satisfaction or happiness
by taking care of necessities and achieving priorities.
UNIT 2
Which task does the financial manager of a firm perform that involves the
issuance of new stocks and bonds?
1. Deciding on accounting standards
2. Making financing decisions
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, 3. Managing working capital
4. Making investing decisions - 🧠 ANSWER ✔✔2. Making financing
decisions
Correct! Once investment decisions are made, a financial manager
considers different possibilities of financing sources for the investments.
This may include issuing new stocks and bonds.
UNIT 2
Why is understanding the definition of finance important in managing
personal finances?
1. It helps individuals act ethically with regard to finances.
2. It helps individuals understand legal issues related to finance.
