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WGU D076 OBJECTIVE ASSESSMENT FINAL
EXAM 2 (VERSION A AND B) ACTUAL EXAM
COMPLETE 300 QUESTIONS AND 100% CORRECT
DETAILED ANSWERS (VERIFIED SOLUTIONS) ||
GUARANTEED A+ A+
Which area of finance deals with sources of funding and the capital structure of
corporations and seeks to increase the value of a firm to its owners?
Business finance
What is the primary difference between finance and accounting?
Finance focuses on the future, while accounting is generally backward-looking.
Which subspecialty of finance primarily involves deciding which assets will create
more wealth and earn positive returns?
Investments
An area of finance that deals with investment allocation and asset pricing.
Investments
An area of finance that involves organizations that accept deposits, offer
investment products, loan money, or broker financial transactions.
Financial Institutions
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An area of finance that involves activities used to increase shareholder wealth.
Corporate Finance.
What is the primary aim of personal finance goals?
To maximize satisfaction from products purchased and services obtained
What should be the main question a firm asks when considering any investment
decision?
Do the benefits of this investment outweigh the costs?
We have an expert-written solution to this problem!
What is the primary goal of the financial manager of a firm?
To maximize owner wealth
What are three main tasks that a financial manager of a firm does in order to
achieve the goal of the firm, which is to maximize shareholder wealth?
making investment decisions,
making financing decisions, and
managing working capital.
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Who is the highest ranking officer in corporate finance?
CFO, Chief Financial Officer
What does the CFO do?
The CFO is responsible for all the financial decisions made by the firm. He or she
serves as the CEO's right-hand person in all money matters and oversees the
financial analysis and decision-making of the firm.
Which task does a financial manager perform when assessing the costs and
benefits of potential projects?
Making investment decisions
Which financial career focuses on investing capital into firms whose shares are not
currently sold on any public stock exchange?
Private equity
Which task does a financial manager perform when choosing to obtain a loan to
purchase a piece of equipment for a new project?
Making financing decisions
What are the three most important types of securities?
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Treasury, Corporate, and Stocks
Why does the SEC oversee Financial Markets?
To protect Investors
What are the purposes of financial markets?
To provide liquidity and determine prices
In which financial market are securities such as stocks and bonds are traded after
their initial issuance?
Secondary market
What kind of market primarily allows institutions to borrow and lend in the short
term?
Money market
A local start-up company just hit its five-year anniversary and is planning an initial
public offering sometime this year. In order to issue public stock, which market
will the company use?
Primary market
WGU D076 OBJECTIVE ASSESSMENT FINAL
EXAM 2 (VERSION A AND B) ACTUAL EXAM
COMPLETE 300 QUESTIONS AND 100% CORRECT
DETAILED ANSWERS (VERIFIED SOLUTIONS) ||
GUARANTEED A+ A+
Which area of finance deals with sources of funding and the capital structure of
corporations and seeks to increase the value of a firm to its owners?
Business finance
What is the primary difference between finance and accounting?
Finance focuses on the future, while accounting is generally backward-looking.
Which subspecialty of finance primarily involves deciding which assets will create
more wealth and earn positive returns?
Investments
An area of finance that deals with investment allocation and asset pricing.
Investments
An area of finance that involves organizations that accept deposits, offer
investment products, loan money, or broker financial transactions.
Financial Institutions
,2|Pag e
An area of finance that involves activities used to increase shareholder wealth.
Corporate Finance.
What is the primary aim of personal finance goals?
To maximize satisfaction from products purchased and services obtained
What should be the main question a firm asks when considering any investment
decision?
Do the benefits of this investment outweigh the costs?
We have an expert-written solution to this problem!
What is the primary goal of the financial manager of a firm?
To maximize owner wealth
What are three main tasks that a financial manager of a firm does in order to
achieve the goal of the firm, which is to maximize shareholder wealth?
making investment decisions,
making financing decisions, and
managing working capital.
,3|Pag e
Who is the highest ranking officer in corporate finance?
CFO, Chief Financial Officer
What does the CFO do?
The CFO is responsible for all the financial decisions made by the firm. He or she
serves as the CEO's right-hand person in all money matters and oversees the
financial analysis and decision-making of the firm.
Which task does a financial manager perform when assessing the costs and
benefits of potential projects?
Making investment decisions
Which financial career focuses on investing capital into firms whose shares are not
currently sold on any public stock exchange?
Private equity
Which task does a financial manager perform when choosing to obtain a loan to
purchase a piece of equipment for a new project?
Making financing decisions
What are the three most important types of securities?
, 4|Pag e
Treasury, Corporate, and Stocks
Why does the SEC oversee Financial Markets?
To protect Investors
What are the purposes of financial markets?
To provide liquidity and determine prices
In which financial market are securities such as stocks and bonds are traded after
their initial issuance?
Secondary market
What kind of market primarily allows institutions to borrow and lend in the short
term?
Money market
A local start-up company just hit its five-year anniversary and is planning an initial
public offering sometime this year. In order to issue public stock, which market
will the company use?
Primary market
