WGU D076 OA Exam comprehensive questions | FREQUENTLY
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
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 - (answers)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
,WGU D076 OA Exam comprehensive questions | FREQUENTLY
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
3. To maximize charity donations
4. To maximize individual utility - (answers)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
3. Managing working capital
4. Making investing decisions - (answers)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.
,WGU D076 OA Exam comprehensive questions | FREQUENTLY
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
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.
3. It helps individuals compare the costs and benefits of an action to
determine whether to take that action.
4. It allows individuals to find an investment with the highest return
possible. - (answers)3. It helps individuals compare the costs and benefits of
an action to determine whether to take that action.
Correct! Any financial decision should make sense in terms of its costs and
benefits.
Unit 2
In which type of market would a company issue bonds or stocks for the first
time?
1. Dealer market
, WGU D076 OA Exam comprehensive questions | FREQUENTLY
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
2. Money market
3. Secondary market
4. Primary market - (answers)4. Primary market
Correct! This is the purpose of a primary market.
Unit 2
Which type of financial institution is a mutual fund?
1. Federal institution
2. Contractual institution
3. Depository institution
4. Investment institution - (answers)4. Investment institution
Correct! Investment institutions provide individuals and firms access to
financial markets.
Unit 2
Which financial institution specializes in managing and administering
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
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 - (answers)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
,WGU D076 OA Exam comprehensive questions | FREQUENTLY
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
3. To maximize charity donations
4. To maximize individual utility - (answers)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
3. Managing working capital
4. Making investing decisions - (answers)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.
,WGU D076 OA Exam comprehensive questions | FREQUENTLY
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
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.
3. It helps individuals compare the costs and benefits of an action to
determine whether to take that action.
4. It allows individuals to find an investment with the highest return
possible. - (answers)3. It helps individuals compare the costs and benefits of
an action to determine whether to take that action.
Correct! Any financial decision should make sense in terms of its costs and
benefits.
Unit 2
In which type of market would a company issue bonds or stocks for the first
time?
1. Dealer market
, WGU D076 OA Exam comprehensive questions | FREQUENTLY
MOST TESTED QUESTIONS AND VERIFIED SOLUTIONS @ 2026
WGU D076 Finance Skills for Managers OA Prep
2. Money market
3. Secondary market
4. Primary market - (answers)4. Primary market
Correct! This is the purpose of a primary market.
Unit 2
Which type of financial institution is a mutual fund?
1. Federal institution
2. Contractual institution
3. Depository institution
4. Investment institution - (answers)4. Investment institution
Correct! Investment institutions provide individuals and firms access to
financial markets.
Unit 2
Which financial institution specializes in managing and administering
