WGU D076 FINANCE SKILLS FOR MANAGER OA EXAM LATEST COMPLETE ACTUAL EXAM REAL QUESTIONS AND CORRECT ANSWERS WITH RATIONALES (LATEST UPDATED VERSION) GUARANTEED PASS.

WGU D076 Finance Skills for Managers OA Prep
u u u u u u u




1. UNIT 2 u




What are the main services offered by financial institutions?
u u u u u u u u




1. Deciding which assets to invest in to create wealth in the future
u u u u u u u u u u u




2. Soliciting charitable donations and then managing the distribution of these f
u u u u u u u u u u




unds

3. Evaluating sources of funding for a business project, the capital structure o
u u u u u u u u u u u




f a firm, or actions managers could take to increase the value of the firm
u u u u u u u u u u u u u u




4. Accepting a wide variety of deposits, offering investment products, pro-
u u u u u u u u u




u viding loans, and brokering financial transactions Ans 4. Accepting a wide v
u u u u u u uu u u u u




ariety of deposits, offering investment products, providing loans, and brokering fin
u u u u u u u u u u




ancial transactions u




Correct! Financial institutions such as banks, insurance companies, and mutual fund co
u u u u u u u u u u u




panies provide these services.
u u u




2. UNIT 2 u




What is the main objective of personal financial goals?
u u u u u u u u




1. To maximize stock investments
u u u




2. To maximize owner wealth
u u u




3. To maximize charity donations
u u u




1u/u54

,4. To maximize individual utility Ans 4. To maximize individual utility
u u u u uu u u u u




Correct! You set goals and act to increase your satisfaction or happiness by taking care
u u u u u u u u u u u u u u




of necessities and achieving priorities.
u u u u




3. UNIT 2 u




Which task does the financial manager of a firm perform that involves the issuan
u u u u u u u u u u u u u




ce of new stocks and bonds?
u u u u u




1. Deciding on accounting standards
u u u




2. Making financing decisions
u u




2u/u54

,3. Managing working capital u u




4. Making investing decisions Ans 2. Making financing decisions
u u u uu u u u




Correct! Once investment decisions are made, a financial manager considers differ-
u u u u u u u u u u




u ent possibilities of financing sources for the investments. This may include issuing n
u u u u u u u u u u u u




ew stocks and bonds.
u u u




4. UNIT 2 u




Why is understanding the definition of finance important in managing person-
u u u u u u u u u u




u al finances?
u




1. It helps individuals act ethically with regard to finances.
u u u u u u u u




2. It helps individuals understand legal issues related to finance.
u u u u u u u u




3. It helps individuals compare the costs and benefits of an action to determine w
u u u u u u u u u u u u u




hether to take that action.
u u u u




4. It allows individuals to find an investment with the highest return possible.-
u u u u u u u u u u u




u Ans 3. It helps individuals compare the costs and benefits of an action to determine w
uu u u u u u u u u u u u u u u




ether to take that action.
u u u u




Correct! Any financial decision should make sense in terms of its costs and benefits.
u u u u u u u u u u u u u




5. UNIT 2 u




In which type of market would a company issue bonds or stocks for the first time
u u u u u u u u u u u u u u u




?

1. Dealer market u




3u/u54

, 2. Money market u




3. Secondary market u




4. Primary market Ans 4. Primary market
u u uu u u




Correct! This is the purpose of a primary market.
u u u u u u u u




6. UNIT 2 u




Which type of financial institution is a mutual fund?
u u u u u u u u




4u/u54