WGU D076 - Finance Skills for Managers Exam
WGU D076 - FINANCE SKILLS FOR MANAGERS EXAM NEWEST
2025/2026 COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |BRAND NEW VERSION!!
Hannah is the financial manager of a firm. A project that she has recommended
has been approved and will cost $5 million. Since the company does not have
enough cash on reserve, Hannah must figure out how to raise enough money to
start the project. She can choose whether to issue new bonds, new stocks, a
mortgage loan, or some combination of those options. What task is Hannah
performing in this scenario?
Making a financing decision
Maria and Mateo are setting financial goals. They decide that they need to save
$200 each month to reach their goal of taking their children to visit their
grandparents in Spain next summer. What is the objective of setting such a goal?
To maximize individual utility
Which professional works with individuals to help them achieve their financial
goals?
Financial planner
Omar is about to purchase a new car for $30,000. He knows he wants to buy the
car, but he is still trying to decide how to pay for it. He has barely over $30,000 in
his bank account. He can either take out an auto loan from a bank or use a mix of
cash and an auto loan.
In this scenario, what is Omar doing?
Financing a goal
What are the purposes of financial markets?
1|Page
, WGU D076 - Finance Skills for Managers Exam
To provide liquidity and determine prices
In which financial market are securities such as stocks and bonds are traded after
their initial issuance?
Secondary market
What kind of market primarily allows institutions to borrow and lend in the short
term?
Money market
A local start-up company just hit its five-year anniversary and is planning an initial
public offering sometime this year. In order to issue public stock, which market
will the company use?
Primary market
What is the primary role of financial institutions?
To conduct financial transactions such as investments, loans, and deposits
What is a depository institution?
An institution that accepts and pays interest on deposits of money, as well as
extends loans
Which financial institution ensures that a nation's economy remains healthy by
controlling the amount of money circulating in the economy?
Central bank
How do insurance companies pay policyholders when a claim is made?
They use returns from stocks and bonds.
Which type of financial institution deals mainly with providing for retirement
through employers?
2|Page
, WGU D076 - Finance Skills for Managers Exam
Pension fund
A large corporation is looking to merge with another large corporation. Which
financial institution can help them do this?
Investment bank
Unemployment rate is which type of economic indicator?
Lagging
The Federal Reserve sometimes adjusts the interest rate at which commercial
banks can borrow from it. What is the purpose of adjusting the interest rate?
To regulate inflation and unemployment
What would an inverted yield curve signal?
It may indicate an economic downturn.
In what way are coincident indicators useful?
They are analyzed during economic shifts to provide information about the
current state of the economy.
Which responsibility is a focus of the U.S. Securities and Exchange Commission?
To protect investors
Which type of financial institution provides individuals and firms access to
financial markets?
Investment institutions
What is the name for the concept that a dollar today is worth more than a dollar
in the future?
Time value of money
3|Page
, WGU D076 - Finance Skills for Managers Exam
Which area of finance deals with sources of funding and the capital structure of
corporations and seeks to increase the value of a firm to its owners?
Business finance
What is the primary difference between finance and accounting?
Finance focuses on the future, while accounting is generally backward-looking.
Which subspecialty of finance primarily involves deciding which assets will create
more wealth and earn positive returns?
Investments
What is the primary goal of the financial manager of a firm?
To maximize owner wealth
What should be the main question a firm asks when considering any investment
decision?
Do the benefits of this investment outweigh the costs?
What is the primary aim of personal finance goals?
To maximize satisfaction from products purchased and services obtained
Which task does a financial manager perform when choosing to obtain a loan to
purchase a piece of equipment for a new project?
Making financing decisions
Which financial career focuses on investing capital into firms whose shares are not
currently sold on any public stock exchange?
Private equity
4|Page
WGU D076 - FINANCE SKILLS FOR MANAGERS EXAM NEWEST
2025/2026 COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |BRAND NEW VERSION!!
Hannah is the financial manager of a firm. A project that she has recommended
has been approved and will cost $5 million. Since the company does not have
enough cash on reserve, Hannah must figure out how to raise enough money to
start the project. She can choose whether to issue new bonds, new stocks, a
mortgage loan, or some combination of those options. What task is Hannah
performing in this scenario?
Making a financing decision
Maria and Mateo are setting financial goals. They decide that they need to save
$200 each month to reach their goal of taking their children to visit their
grandparents in Spain next summer. What is the objective of setting such a goal?
To maximize individual utility
Which professional works with individuals to help them achieve their financial
goals?
Financial planner
Omar is about to purchase a new car for $30,000. He knows he wants to buy the
car, but he is still trying to decide how to pay for it. He has barely over $30,000 in
his bank account. He can either take out an auto loan from a bank or use a mix of
cash and an auto loan.
In this scenario, what is Omar doing?
Financing a goal
What are the purposes of financial markets?
1|Page
, WGU D076 - Finance Skills for Managers Exam
To provide liquidity and determine prices
In which financial market are securities such as stocks and bonds are traded after
their initial issuance?
Secondary market
What kind of market primarily allows institutions to borrow and lend in the short
term?
Money market
A local start-up company just hit its five-year anniversary and is planning an initial
public offering sometime this year. In order to issue public stock, which market
will the company use?
Primary market
What is the primary role of financial institutions?
To conduct financial transactions such as investments, loans, and deposits
What is a depository institution?
An institution that accepts and pays interest on deposits of money, as well as
extends loans
Which financial institution ensures that a nation's economy remains healthy by
controlling the amount of money circulating in the economy?
Central bank
How do insurance companies pay policyholders when a claim is made?
They use returns from stocks and bonds.
Which type of financial institution deals mainly with providing for retirement
through employers?
2|Page
, WGU D076 - Finance Skills for Managers Exam
Pension fund
A large corporation is looking to merge with another large corporation. Which
financial institution can help them do this?
Investment bank
Unemployment rate is which type of economic indicator?
Lagging
The Federal Reserve sometimes adjusts the interest rate at which commercial
banks can borrow from it. What is the purpose of adjusting the interest rate?
To regulate inflation and unemployment
What would an inverted yield curve signal?
It may indicate an economic downturn.
In what way are coincident indicators useful?
They are analyzed during economic shifts to provide information about the
current state of the economy.
Which responsibility is a focus of the U.S. Securities and Exchange Commission?
To protect investors
Which type of financial institution provides individuals and firms access to
financial markets?
Investment institutions
What is the name for the concept that a dollar today is worth more than a dollar
in the future?
Time value of money
3|Page
, WGU D076 - Finance Skills for Managers Exam
Which area of finance deals with sources of funding and the capital structure of
corporations and seeks to increase the value of a firm to its owners?
Business finance
What is the primary difference between finance and accounting?
Finance focuses on the future, while accounting is generally backward-looking.
Which subspecialty of finance primarily involves deciding which assets will create
more wealth and earn positive returns?
Investments
What is the primary goal of the financial manager of a firm?
To maximize owner wealth
What should be the main question a firm asks when considering any investment
decision?
Do the benefits of this investment outweigh the costs?
What is the primary aim of personal finance goals?
To maximize satisfaction from products purchased and services obtained
Which task does a financial manager perform when choosing to obtain a loan to
purchase a piece of equipment for a new project?
Making financing decisions
Which financial career focuses on investing capital into firms whose shares are not
currently sold on any public stock exchange?
Private equity
4|Page
