WGU D076 Finance Skills for Managers|PA|
Pre-Assessment | Actual Questions and
Answers Latest Updated
(Graded A+)
Correct
Incorrect
D076 Finance Skills for Managers | Pre-Assessment
, 1 of 200
Term
Beckingham Sports is an American sporting goods company. Based on
a $400,000 market study and a $600,000 fee for consulting spent prior
to the project, the firm can increase its annual operating cash flow by
$3,000,000 by selling overseas. Because the firm was considering the
expansion, it spent $2,000,000 to purchase a land for new factory and
equipment. However, someone is making an offer to pay the company
$3,000,000 for the land it purchased for the new factory. What is
relevant to include in the company's capital budgeting decision?
Give this one a try later!
3,000,000 for the offer price of
$600,000 for the consulting
the land
$2,000,000 spent to purchase the
$400,000 spent on the market study
land
Don't know?
, 2 of 200
Term
Why is understanding the definition of finance important in managing
personal finances?
Give this one a try later!
It helps individuals compare the
It helps individuals ignore risks and costs and benefits of an action
focus solely on potential gains. to determine whether to take
that action.
It guides individuals in making It provides a framework for
decisions based on emotions rather budgeting without considering
than logic. financial goals.
Don't know?
3 of 200
Term
Yield curve is which type of economic indicator?
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, Leading Concurrent
Mixed Lagging
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4 of 200
Term
Which type of account does not vary with sales and is left to
management's discretion?
Give this one a try later!
Accounts receivable accounts Non-spontaneous accounts
Fixed assets accounts
Notes payable
• spontaneous accounts
Don't know?
5 of 200
Term
Pre-Assessment | Actual Questions and
Answers Latest Updated
(Graded A+)
Correct
Incorrect
D076 Finance Skills for Managers | Pre-Assessment
, 1 of 200
Term
Beckingham Sports is an American sporting goods company. Based on
a $400,000 market study and a $600,000 fee for consulting spent prior
to the project, the firm can increase its annual operating cash flow by
$3,000,000 by selling overseas. Because the firm was considering the
expansion, it spent $2,000,000 to purchase a land for new factory and
equipment. However, someone is making an offer to pay the company
$3,000,000 for the land it purchased for the new factory. What is
relevant to include in the company's capital budgeting decision?
Give this one a try later!
3,000,000 for the offer price of
$600,000 for the consulting
the land
$2,000,000 spent to purchase the
$400,000 spent on the market study
land
Don't know?
, 2 of 200
Term
Why is understanding the definition of finance important in managing
personal finances?
Give this one a try later!
It helps individuals compare the
It helps individuals ignore risks and costs and benefits of an action
focus solely on potential gains. to determine whether to take
that action.
It guides individuals in making It provides a framework for
decisions based on emotions rather budgeting without considering
than logic. financial goals.
Don't know?
3 of 200
Term
Yield curve is which type of economic indicator?
Give this one a try later!
, Leading Concurrent
Mixed Lagging
Don't know?
4 of 200
Term
Which type of account does not vary with sales and is left to
management's discretion?
Give this one a try later!
Accounts receivable accounts Non-spontaneous accounts
Fixed assets accounts
Notes payable
• spontaneous accounts
Don't know?
5 of 200
Term
