WGU C201 BUSINESS ACUMEN ACTUAL REVIEW EXAM WITH
COMPLETE SOLUTIONS
During the organizing process, when do managers assign activities to employees and
allocate required resources?
A) After identifying the problems or opportunities
B) After determining which activities are needed to achieve goals
C) After coordinating the activities of the employees
D) After grouping work activities and tasks into a logical structure
D) After grouping work activities and tasks into a logical structure.
A garment manufacturer has different departments for pattern making, cutting, stitching,
and finishing.
Which type of departmentalization has this company used to divide work activities?
A) Product departmentalization
B) Process departmentalization
C) Functional departmentalization
D) Customer departmentalization
B) Process departmentalization
Which level of management focuses on long-term planning in an organization?
A) Supervisory management
B) Project management
,C) Top management
D) Middle management
C) Top management
Which organizational structure utilizes a project management design?
A) Matrix organization
B) Line organization
C) Line-and-staff organization
D) Committee organization
A) Matrix organization
What is a task of a financial manager in a typical company?
A) Administering employees' payroll
B) Optimizing risk versus return
C) Determining the company's general strategic direction
D) Investing funds effectively by using nonpublic information
B) Optimizing risk versus return
What is the major difference between financial managers and accountants?
A) Financial managers record and report financial information, whereas accountants
analyze investment decisions
B) Financial managers find and allocate money, whereas accountants measure and
interpret financial information
C) Financial managers handle finances at for-profit businesses, whereas accountants
manage the finances at nonprofit organizations.
, D) Financial managers communicate financial information, whereas accountants focus on
planning financial acquisitions.
B) Financial managers find and allocate money, whereas accountants measure and
interpret financial information.
Which source of capital structure allows a company to benefit from leverage?
A) Long-term debts
B) Common stock
C) Dividends
D) Venture capital
A) long term debt
What is an indirect way of fund transfer from savers to users that businesses use to obtain
funds from financial markets?
A) Using financial market instruments
B) Crowdfunding
C) Selling bonds
D) Obtaining a bank loan
D) Obtaining a bank loan
A company with a good reputation in the financial market wants to raise funds for
expansion. For this, the company issues bonds that are not backed by any collateral.
Which type of bond has the company issued in this scenario?
COMPLETE SOLUTIONS
During the organizing process, when do managers assign activities to employees and
allocate required resources?
A) After identifying the problems or opportunities
B) After determining which activities are needed to achieve goals
C) After coordinating the activities of the employees
D) After grouping work activities and tasks into a logical structure
D) After grouping work activities and tasks into a logical structure.
A garment manufacturer has different departments for pattern making, cutting, stitching,
and finishing.
Which type of departmentalization has this company used to divide work activities?
A) Product departmentalization
B) Process departmentalization
C) Functional departmentalization
D) Customer departmentalization
B) Process departmentalization
Which level of management focuses on long-term planning in an organization?
A) Supervisory management
B) Project management
,C) Top management
D) Middle management
C) Top management
Which organizational structure utilizes a project management design?
A) Matrix organization
B) Line organization
C) Line-and-staff organization
D) Committee organization
A) Matrix organization
What is a task of a financial manager in a typical company?
A) Administering employees' payroll
B) Optimizing risk versus return
C) Determining the company's general strategic direction
D) Investing funds effectively by using nonpublic information
B) Optimizing risk versus return
What is the major difference between financial managers and accountants?
A) Financial managers record and report financial information, whereas accountants
analyze investment decisions
B) Financial managers find and allocate money, whereas accountants measure and
interpret financial information
C) Financial managers handle finances at for-profit businesses, whereas accountants
manage the finances at nonprofit organizations.
, D) Financial managers communicate financial information, whereas accountants focus on
planning financial acquisitions.
B) Financial managers find and allocate money, whereas accountants measure and
interpret financial information.
Which source of capital structure allows a company to benefit from leverage?
A) Long-term debts
B) Common stock
C) Dividends
D) Venture capital
A) long term debt
What is an indirect way of fund transfer from savers to users that businesses use to obtain
funds from financial markets?
A) Using financial market instruments
B) Crowdfunding
C) Selling bonds
D) Obtaining a bank loan
D) Obtaining a bank loan
A company with a good reputation in the financial market wants to raise funds for
expansion. For this, the company issues bonds that are not backed by any collateral.
Which type of bond has the company issued in this scenario?
