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D076 Pre-Assessment Exam Questions and
Answers (Verified Answers) Most Recent
exam COMPLETE (2025) (Latest Update
2025) UPDATE!! WGU D076 - Pre-
Assessment
In which way is accounting different from finance? Ans:
Accounting is backward looking, while finance is focused on the
future
What is the main question that both individuals and companies
must consider when making financial decisions to reach a goal?
Ans: Will the benefits of the action outweigh the costs?
A financial manager at a company is trying to determine
whether to issue new stocks or new bonds to cover the costs of
a project the company is doing the next year.
Which main task in business finance is this situation an example
of? Ans: Making financing decision
How can investing help a person reach personal financial goals?
Ans: It provides access to potential revenue or increases in
value to help meet goals faster.
A sign company is planning to have an initial public offering
(IPO). In which type of market will its stock first be sold to the
public? Ans: Primary market
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Which type of economic indicator changes after the economy
changes and helps identify trends in the long term? Ans:
Lagging indicator
How does an investment institution, such as mutual fund,
facilitate the circulation of money in the economy? Ans: By
providing individuals and firms access to financial markets to
buy or sell financial securities
Which type of economic indicator is used by governments and
policymakers to implement or alter policies in an effort to avoid
or minimize the effects of an economic downturn? Ans: Leading
indicator
Suppose an individual does not eat chocolate because eating
chocolate goes against his personal beliefs. Which type of
standard is this? Ans: Moral
Which action is based upon moral standards? Ans: Although
there is no company policy regarding it, a financial manager
chooses not to accept gifts from the company's clients to ensure
that she does not create a conflict of interest
What should a potential bondholder (lender) do to prevent a
company (borrower) from taking on risky projects? Ans: Set
strict covenants that the company cannot uphold if it chooses a
risky project
What is the term for an individual's beliefs concerning what is
and is not acceptable to personally do? Ans: Morals
Which factor contributes to the inflation of the prices of goods
and services over time? Ans: Increase in demand for goods and
services
D076 Pre-Assessment Exam Questions and
Answers (Verified Answers) Most Recent
exam COMPLETE (2025) (Latest Update
2025) UPDATE!! WGU D076 - Pre-
Assessment
In which way is accounting different from finance? Ans:
Accounting is backward looking, while finance is focused on the
future
What is the main question that both individuals and companies
must consider when making financial decisions to reach a goal?
Ans: Will the benefits of the action outweigh the costs?
A financial manager at a company is trying to determine
whether to issue new stocks or new bonds to cover the costs of
a project the company is doing the next year.
Which main task in business finance is this situation an example
of? Ans: Making financing decision
How can investing help a person reach personal financial goals?
Ans: It provides access to potential revenue or increases in
value to help meet goals faster.
A sign company is planning to have an initial public offering
(IPO). In which type of market will its stock first be sold to the
public? Ans: Primary market
, Page | 2
Which type of economic indicator changes after the economy
changes and helps identify trends in the long term? Ans:
Lagging indicator
How does an investment institution, such as mutual fund,
facilitate the circulation of money in the economy? Ans: By
providing individuals and firms access to financial markets to
buy or sell financial securities
Which type of economic indicator is used by governments and
policymakers to implement or alter policies in an effort to avoid
or minimize the effects of an economic downturn? Ans: Leading
indicator
Suppose an individual does not eat chocolate because eating
chocolate goes against his personal beliefs. Which type of
standard is this? Ans: Moral
Which action is based upon moral standards? Ans: Although
there is no company policy regarding it, a financial manager
chooses not to accept gifts from the company's clients to ensure
that she does not create a conflict of interest
What should a potential bondholder (lender) do to prevent a
company (borrower) from taking on risky projects? Ans: Set
strict covenants that the company cannot uphold if it chooses a
risky project
What is the term for an individual's beliefs concerning what is
and is not acceptable to personally do? Ans: Morals
Which factor contributes to the inflation of the prices of goods
and services over time? Ans: Increase in demand for goods and
services
