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ABCTE PTK Exam Study Guide PDF: Free Practice Test & Prep Tips

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Get your free ABCTE PTK Exam study guide PDF. This comprehensive resource covers essential math, reading, and writing skills with practice questions and test-taking strategies to help you pass the ABCTE Professional Teaching Knowledge exam on your first try.

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WGU D658 2024 Actual Pre Assessment Exam with
All Questions and 100% Correct Answers/ D658
Pre-assessment (New!)


What area of finance involves deciding which assets to
invest in to create wealth in the future? - ...ANSWER...✓✓
Investments


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? - ...ANSWER...✓✓ Making a
financing decision - Since the project has already been
approved, Hannah is trying to find a way to finance the
investment and considering its capital structure.


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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

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Spain next summer. What is the objective of setting such
a goal? - ...ANSWER...✓✓ To maximize individual utility -
While everyone has different personal financial goals, the
objectives of such goals is to maximize individual utility.


Which professional works with individuals to help them
achieve their financial goals? - ...ANSWER...✓✓ Financial
planner - Professional financial planners work with
individuals to help them achieve their financial goals.


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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. -
...ANSWER...✓✓ Financing a goal - He has already made a
decision to purchase the car and is now deciding on
financing options.


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? -
...ANSWER...✓✓ Business finance - Business finance is

,3|Page



the area of finance that deals with uses and sources of
funding to increase the value of the firm.


What is the primary difference between finance and
accounting? - ...ANSWER...✓✓ Finance focuses on the
future, while accounting is generally backward-looking. -
finance is the management and allocation of capital with
the objectives of investing, forecasting, budgeting, saving,
lending, and borrowing.


Which subspecialty of finance primarily involves deciding
which assets will create more wealth and earn positive
returns? - ...ANSWER...✓✓ Investments - investments is
the area of finance that seeks to create wealth in the
future by deciding where to allocate money


What is the primary goal of the financial manager of a
firm? - ...ANSWER...✓✓ To maximize owner wealth - The
financial manager should make decisions based on the
primary goal of maximizing owner wealth.


What should be the main question a firm asks when
considering any investment decision? - ...ANSWER...✓✓
Do the benefits of this investment outweigh the costs? -

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For any investment, you should expect to receive a
benefit worth at least as much as the initial cost.


What is the primary aim of personal finance goals? -
...ANSWER...✓✓ maximize satisfaction from products
purchased and services obtained- the objective of
personal financial goals is to maximize one's utility.


Which task does a financial manager perform when
choosing to obtain a loan to purchase a piece of
equipment for a new project? - ...ANSWER...✓✓ Making
financing decisions - The manager is deciding where to
get the funds to support a new project, which means the
manager is making a financing decision


Which financial career focuses on investing capital into
firms whose shares are not currently sold on any public
stock exchange? - ...ANSWER...✓✓ private equity -
Private equity deals with investments in firms that are
privately held and whose ownership is not yet bought or
sold on any public stock exchange


Which task does a financial manager perform when
assessing the costs and benefits of potential projects? -

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