WGU D076 Finance Skills for Managers OA Prep Exam
Newest 2026 Questions and Correct Detailed Answers
Already Graded A+
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 - CORRECT 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 - CORRECT 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
3. Managing working capital
4. Making investing decisions - CORRECT 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.
, 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. -
CORRECT ANSWER-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
2. Money market
3. Secondary market
4. Primary market - CORRECT ANSWER-4. Primary market
Newest 2026 Questions and Correct Detailed Answers
Already Graded A+
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 - CORRECT 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 - CORRECT 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
3. Managing working capital
4. Making investing decisions - CORRECT 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.
, 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. -
CORRECT ANSWER-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
2. Money market
3. Secondary market
4. Primary market - CORRECT ANSWER-4. Primary market
