WGU D076 FINANCE SKILLS FOR
MANAGERS OA PREP COMPLETE
SOLUTION 100% VERIFIED ANSWERS
A+ GRADED FREE
u 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
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 - Correct answer.4. Investment institution
Correct! Investment institutions provide individuals and firms access to financial markets.
UNIT 2
Which financial institution specializes in managing and administering retirement funds?
1. uMutual ufunds
2. uInvestment ubanks
3. uPrivate uequity
4. uPension ufunds u- u uCorrect uanswer.4. uPension ufunds
Correct! uPension ufunds uspecialize uin uretirement ufunds.
UNIT u2
Which utype uof ueconomic uindicator uis uthe uconsumer uprice uindex?
1. uLagging uindicator
2. uCoincident uindicator
3. uForecasting uindicator
4. uLeading uindicator u- u uCorrect uanswer.1. uLagging uindicator
MANAGERS OA PREP COMPLETE
SOLUTION 100% VERIFIED ANSWERS
A+ GRADED FREE
u 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
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 - Correct answer.4. Investment institution
Correct! Investment institutions provide individuals and firms access to financial markets.
UNIT 2
Which financial institution specializes in managing and administering retirement funds?
1. uMutual ufunds
2. uInvestment ubanks
3. uPrivate uequity
4. uPension ufunds u- u uCorrect uanswer.4. uPension ufunds
Correct! uPension ufunds uspecialize uin uretirement ufunds.
UNIT u2
Which utype uof ueconomic uindicator uis uthe uconsumer uprice uindex?
1. uLagging uindicator
2. uCoincident uindicator
3. uForecasting uindicator
4. uLeading uindicator u- u uCorrect uanswer.1. uLagging uindicator
