1
WGU
WGU C201 STUDY SET EXAM QUESTIONS
WITH CORRECT VERIFIED SOLUTIONS 100%
GUARANTEED PASS (LATEST UPDATE)
What should a firm do to manage the risk of using leverage when exploring
long-term funding options? - ANS ✓Ensure that earnings remain larger than
interest payments
Which financial statement should an investor examine to identify the
liabilities of a firm? - ANS ✓The balance sheet
A company wishes to determine if it should fund a project with bonds or
equity.
Which business concept would it most likely use to assist in the decision? -
ANS ✓Leverage
Which calculation determines a firm's return on equity? - ANS ✓Net income
divided by average equity
Why should companies that are conservative investors with liquidity
concerns invest their excess cash in money market funds? - ANS ✓It
converts easily into cash.
Which regulatory relationship within the Securities and Exchange
Commission (SEC) historically has acted to prohibit the U.S. from adopting
the International Financial Reporting Standards (IFRS)? - ANS ✓FASB
requires companies to comply with GAAP that differ from IFRS
WGU C201
, 2
WGU
Which users of financial statements use the financial statements to evaluate
operations of the firm and to make investment decisions? - ANS ✓Owners
and creditors
What is considered the heart of any information system? - ANS ✓The
database
Which type of information system should be accessed by the vice president
of sales for a national department store chain who wants to see the
previous day's sales receipts? - ANS ✓A transaction processing system
How does a virtual private network contribute to a firm's workforce
productivity? - ANS ✓Employees are enabled to work remotely with secure
connectivity to the corporate network via the internet.
What are three ways cloud computing services enhance company
productivity? - ANS ✓Through more efficient application updates
Through better resource utilization
Through greater application availability for remote workers
For which type of communication should employees have an ethical
expectation of privacy from company monitoring? - ANS ✓Personal letters
sent through the company mail room
Which activity raises ethical issues heightened by the capabilities of data
mining? - ANS ✓Selling customer data for external marketing research
Which intent of spyware creates a company security issue? - ANS ✓The
intent to report on a user's Internet activity
Name the three tiers of management - ANS ✓Middle
Supervisory
WGU C201
, 3
WGU
Top
Management is the process of - ANS ✓Achieving organizational objectives
Which level of planning does the middle level manager complete? - ANS
✓Strategic
Skill-sets required for management - ANS ✓Technical
Human
Conceptual
Departmentalizing based by domestic and international is which kind of
departmentalization? - ANS ✓Geographical
An organizational structure that is slow to make decisions because they
look for consensus. - ANS ✓Committee
You may report vertically and horizontally in this organizational structure.
- ANS ✓Matrix
There are three key elements to an organization. What are they? - ANS
✓Human interaction
Goal-directed activities
Structure
Which type of production carries the highest inventory? - ANS ✓Mass
Which type of production has little to no finished inventory? - ANS
✓Consumer driven
WGU C201
WGU
WGU C201 STUDY SET EXAM QUESTIONS
WITH CORRECT VERIFIED SOLUTIONS 100%
GUARANTEED PASS (LATEST UPDATE)
What should a firm do to manage the risk of using leverage when exploring
long-term funding options? - ANS ✓Ensure that earnings remain larger than
interest payments
Which financial statement should an investor examine to identify the
liabilities of a firm? - ANS ✓The balance sheet
A company wishes to determine if it should fund a project with bonds or
equity.
Which business concept would it most likely use to assist in the decision? -
ANS ✓Leverage
Which calculation determines a firm's return on equity? - ANS ✓Net income
divided by average equity
Why should companies that are conservative investors with liquidity
concerns invest their excess cash in money market funds? - ANS ✓It
converts easily into cash.
Which regulatory relationship within the Securities and Exchange
Commission (SEC) historically has acted to prohibit the U.S. from adopting
the International Financial Reporting Standards (IFRS)? - ANS ✓FASB
requires companies to comply with GAAP that differ from IFRS
WGU C201
, 2
WGU
Which users of financial statements use the financial statements to evaluate
operations of the firm and to make investment decisions? - ANS ✓Owners
and creditors
What is considered the heart of any information system? - ANS ✓The
database
Which type of information system should be accessed by the vice president
of sales for a national department store chain who wants to see the
previous day's sales receipts? - ANS ✓A transaction processing system
How does a virtual private network contribute to a firm's workforce
productivity? - ANS ✓Employees are enabled to work remotely with secure
connectivity to the corporate network via the internet.
What are three ways cloud computing services enhance company
productivity? - ANS ✓Through more efficient application updates
Through better resource utilization
Through greater application availability for remote workers
For which type of communication should employees have an ethical
expectation of privacy from company monitoring? - ANS ✓Personal letters
sent through the company mail room
Which activity raises ethical issues heightened by the capabilities of data
mining? - ANS ✓Selling customer data for external marketing research
Which intent of spyware creates a company security issue? - ANS ✓The
intent to report on a user's Internet activity
Name the three tiers of management - ANS ✓Middle
Supervisory
WGU C201
, 3
WGU
Top
Management is the process of - ANS ✓Achieving organizational objectives
Which level of planning does the middle level manager complete? - ANS
✓Strategic
Skill-sets required for management - ANS ✓Technical
Human
Conceptual
Departmentalizing based by domestic and international is which kind of
departmentalization? - ANS ✓Geographical
An organizational structure that is slow to make decisions because they
look for consensus. - ANS ✓Committee
You may report vertically and horizontally in this organizational structure.
- ANS ✓Matrix
There are three key elements to an organization. What are they? - ANS
✓Human interaction
Goal-directed activities
Structure
Which type of production carries the highest inventory? - ANS ✓Mass
Which type of production has little to no finished inventory? - ANS
✓Consumer driven
WGU C201
