WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+.pdf

WGU D076 Finance Skills for Managers OA Prep
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1. UNIT 2 m




What are the main services offered by financial institutions?
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1. Deciding which assets to invest in to create wealth in the future
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2. Soliciting charitable donations and then managing the distribution of these
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m funds

3. Evaluating sources of funding for a business project, the capital structure
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m of a firm, or actions managers could take to increase the value of the firm
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4. Accepting a wide variety of deposits, offering investment products, pro-
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m viding loans, and brokering financial transactions Ans 4. Accepting a wide
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m variety of deposits, offering investment products, providing loans, and brokering
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m financial transactionsm




Correct! Financial institutions such as banks, insurance companies, and mutual fund
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ompanies provide these services.
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2. UNIT 2 m




What is the main objective of personal financial goals?
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1. To maximize stock investments
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2. To maximize owner wealth
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3. To maximize charity donations
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,4. To maximize individual utility Ans 4. To maximize individual utility
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Correct! You set goals and act to increase your satisfaction or happiness by taking c
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e of necessities and achieving priorities.
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3. UNIT 2 m




Which task does the financial manager of a firm perform that involves the issu
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ance of new stocks and bonds?
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1. Deciding on accounting standards
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2. Making financing decisions
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,3. Managing working capital m m




4. Making investing decisions Ans 2. Making financing decisions
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Correct! Once investment decisions are made, a financial manager considers differ-
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m ent possibilities of financing sources for the investments. This may include issuing
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m new stocks and bonds.
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4. UNIT 2 m




Why is understanding the definition of finance important in managing person-
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m al finances?
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1. It helps individuals act ethically with regard to finances.
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2. It helps individuals understand legal issues related to finance.
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3. It helps individuals compare the costs and benefits of an action to determine
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m whether to take that action.
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4. It allows individuals to find an investment with the highest return possible.-
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Ans 3. It helps individuals compare the costs and benefits of an action to determin
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whether to take that action.
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Correct! Any financial decision should make sense in terms of its costs and benefit
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5. UNIT 2 m




In which type of market would a company issue bonds or stocks for the first ti
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me?

1. Dealer market m




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, 2. Money market m




3. Secondary market m




4. Primary market Ans 4. Primary market
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Correct! This is the purpose of a primary market.
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6. UNIT 2 m




Which type of financial institution is a mutual fund?
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