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WGU C201 Bundled Exams with Complete Solution | Verified | Everything you Need!!
WGU C201 Bundled Exams with Complete Solution | Verified | Everything you Need!!
[Show more]WGU C201 Bundled Exams with Complete Solution | Verified | Everything you Need!!
[Show more]Ch.17 
In performing their jobs, most finance professionals seek to balance: 
risk and reward. 
taxes and revenues. 
profits and loss. 
investment and capital. - -risk and reward. 
Ch.17 
_____ involves planning, obtaining, and managing a company's funds in order to accomplish its 
objectives as ef...
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Add to cartCh.17 
In performing their jobs, most finance professionals seek to balance: 
risk and reward. 
taxes and revenues. 
profits and loss. 
investment and capital. - -risk and reward. 
Ch.17 
_____ involves planning, obtaining, and managing a company's funds in order to accomplish its 
objectives as ef...
In general, as price of a good or service increases, the quantity demanded: 
remains the same irrespective of the product type. 
first increases and then decreases irrespective of the product type. 
increases. 
declines. - -declines. 
A graph showing the amount of a product that buyers will purchase...
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Add to cartIn general, as price of a good or service increases, the quantity demanded: 
remains the same irrespective of the product type. 
first increases and then decreases irrespective of the product type. 
increases. 
declines. - -declines. 
A graph showing the amount of a product that buyers will purchase...
Demand - -ability of buyers to purchase goods and services at different prices 
Supply - -amount of goods and services for sale at different prices 
What drives demand? - -consumer statistics 
preferences 
economic conditions 
What is the underlying cause of movement among the demand curve? - -price...
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Add to cartDemand - -ability of buyers to purchase goods and services at different prices 
Supply - -amount of goods and services for sale at different prices 
What drives demand? - -consumer statistics 
preferences 
economic conditions 
What is the underlying cause of movement among the demand curve? - -price...
Evaluating Results - -Part of the organizing process that aids in effective and efficient progress toward 
planned goals and often results in changes within the organization. 
Increased decision making authority given to employees - -The result of a company increasing the 
delegation of authority an...
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Add to cartEvaluating Results - -Part of the organizing process that aids in effective and efficient progress toward 
planned goals and often results in changes within the organization. 
Increased decision making authority given to employees - -The result of a company increasing the 
delegation of authority an...
Financial managers - -Executives who develop and implement their firm's financial plan and 
determine the most appropriate sources and uses of funds. They are among the most vital people on the 
corporate payroll. 
Risk-return trade-off - -Financial managers strive to maximize the wealth of their f...
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Add to cartFinancial managers - -Executives who develop and implement their firm's financial plan and 
determine the most appropriate sources and uses of funds. They are among the most vital people on the 
corporate payroll. 
Risk-return trade-off - -Financial managers strive to maximize the wealth of their f...
balanced budget 
situation in which total revenues raised by taxes equal the total proposed spending for the year. 
budget 
organization's plan for how it will raise and spend money during a given period of time. 
taxes, fees, and borrowing. 
The primary sources of government funds to cover the cos...
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Add to cartbalanced budget 
situation in which total revenues raised by taxes equal the total proposed spending for the year. 
budget 
organization's plan for how it will raise and spend money during a given period of time. 
taxes, fees, and borrowing. 
The primary sources of government funds to cover the cos...
Which part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? 
A. Promoting vision 
B. Evaluating results 
C. Turning strategy into action 
D. Determining the specific activities - -B. Evaluating results 
Wha...
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Add to cartWhich part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? 
A. Promoting vision 
B. Evaluating results 
C. Turning strategy into action 
D. Determining the specific activities - -B. Evaluating results 
Wha...
Which part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased number of di...
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Add to cartWhich part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased number of di...
assembly line - -a series of workers and machines in a factory by which a succession of identical 
items is progressively assembled. 
benchmarking - -assessing how well other companies perform business functions or tasks. In other 
words, benchmarking is the process of determining other firms' stan...
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Add to cartassembly line - -a series of workers and machines in a factory by which a succession of identical 
items is progressively assembled. 
benchmarking - -assessing how well other companies perform business functions or tasks. In other 
words, benchmarking is the process of determining other firms' stan...
Production - -Begins with inputs + add value = produce a good or service. 
Operations Management - relates to this process. 
Why is production such an important business activity? - -Without products to sell, companies 
cannot generate money. 
Goal: lower the cost of production, boost the quality of...
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Add to cartProduction - -Begins with inputs + add value = produce a good or service. 
Operations Management - relates to this process. 
Why is production such an important business activity? - -Without products to sell, companies 
cannot generate money. 
Goal: lower the cost of production, boost the quality of...
Marketing - -The process for discovering unmet customer needs, researching potential markets, 
producing goods or services to satisfy targeted customers, promoting, pricing, and distributing. 
The organizational function and set of processes for creating, communicating and delivering value to 
custo...
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Add to cartMarketing - -The process for discovering unmet customer needs, researching potential markets, 
producing goods or services to satisfy targeted customers, promoting, pricing, and distributing. 
The organizational function and set of processes for creating, communicating and delivering value to 
custo...
Balance Sheet - -Snapshot - permanent statement, amounts are carried over from year to year, 
shows the firm's financial position on a particular date. 
Close out at end of year. 
Income Statement - -Video - indicates the flow of resources that reveals performance over a specific 
period. 
Also cal...
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Add to cartBalance Sheet - -Snapshot - permanent statement, amounts are carried over from year to year, 
shows the firm's financial position on a particular date. 
Close out at end of year. 
Income Statement - -Video - indicates the flow of resources that reveals performance over a specific 
period. 
Also cal...
Current assets / current liabilities - -Current Ratio 
Current assets - minus inventory / current liabilities - -Acid Test (Quick) Ratio 
Current assets $250 
Inventory $20 
Current Liabilities $100 
250-20=230 
230/100=2.2 
$2.20 assets for every $1 in liabilities 
Acid Test (Quick) Ratio and Curre...
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Add to cartCurrent assets / current liabilities - -Current Ratio 
Current assets - minus inventory / current liabilities - -Acid Test (Quick) Ratio 
Current assets $250 
Inventory $20 
Current Liabilities $100 
250-20=230 
230/100=2.2 
$2.20 assets for every $1 in liabilities 
Acid Test (Quick) Ratio and Curre...
Financial Structure - -Chief Financial Officer, Vice President of Finance, Treasurer, and Controller 
Chief Financial Officer - -Leader of the financial team. 
Reports to Chief Executive Officer. 
May be on board of directors. 
This person and CEO must certify accuracy of financial statements. 
Vice...
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Add to cartFinancial Structure - -Chief Financial Officer, Vice President of Finance, Treasurer, and Controller 
Chief Financial Officer - -Leader of the financial team. 
Reports to Chief Executive Officer. 
May be on board of directors. 
This person and CEO must certify accuracy of financial statements. 
Vice...
Factors Influencing Demand - -Demand is driven by price, consumer preferences, the economy, the 
number of buyers in a market, customer incomes, price of substitutes and complimentary items. 
Factors of Production - -Natural resources, capital, human resources and entrepreneurship. 
What is the key ...
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Add to cartFactors Influencing Demand - -Demand is driven by price, consumer preferences, the economy, the 
number of buyers in a market, customer incomes, price of substitutes and complimentary items. 
Factors of Production - -Natural resources, capital, human resources and entrepreneurship. 
What is the key ...
Which part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased number of di...
Preview 3 out of 16 pages
Add to cartWhich part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased number of di...
Directing - -(_____) is the management function of guiding and motivating employees to accomplish 
the organization's objectives. 
Vision - -(_____) is the perception of marketplace needs and methods by which an organization can 
satisfy them. 
Management - -(_____) is the achievement of organizati...
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Add to cartDirecting - -(_____) is the management function of guiding and motivating employees to accomplish 
the organization's objectives. 
Vision - -(_____) is the perception of marketplace needs and methods by which an organization can 
satisfy them. 
Management - -(_____) is the achievement of organizati...
WGU C201 Chapter 10, Exam Questions and answers, 100% Accurate, VERIFIED 2024
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Add to cartWGU C201 Chapter 10, Exam Questions and answers, 100% Accurate, VERIFIED 2024
brand name - -A good ______ is easy to recognize, pronounce, remember, should attract attention 
and suggest product image, and be legally protectable 
brand - -A______ is a name, term, sign, symbol, design, or some combination thereof used to 
identify a product or service 
product - -A _________ i...
Preview 1 out of 2 pages
Add to cartbrand name - -A good ______ is easy to recognize, pronounce, remember, should attract attention 
and suggest product image, and be legally protectable 
brand - -A______ is a name, term, sign, symbol, design, or some combination thereof used to 
identify a product or service 
product - -A _________ i...
Which part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased number of di...
Preview 2 out of 7 pages
Add to cartWhich part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased number of di...
The achievement of organizational objectives through the use of people and other resources. The skills 
and principles of management apply in both profit and not-for-profit organizations. - -Management 
______ has three levels: top, middle, and supervisory management. Top management sets the long-te...
Preview 2 out of 15 pages
Add to cartThe achievement of organizational objectives through the use of people and other resources. The skills 
and principles of management apply in both profit and not-for-profit organizations. - -Management 
______ has three levels: top, middle, and supervisory management. Top management sets the long-te...
The achievement of organizational objectives through the use of people and other resources. The skills 
and principles of management apply in both profit and not-for-profit organizations. - -Management 
______ has three levels: top, middle, and supervisory management. Top management sets the long-te...
Preview 2 out of 15 pages
Add to cartThe achievement of organizational objectives through the use of people and other resources. The skills 
and principles of management apply in both profit and not-for-profit organizations. - -Management 
______ has three levels: top, middle, and supervisory management. Top management sets the long-te...
The achievement of organizational objectives through the use of people and other resources. The skills 
and principles of management apply in both profit and not-for-profit organizations. - -Management 
______ has three levels: top, middle, and supervisory management. Top management sets the long-te...
Preview 2 out of 15 pages
Add to cartThe achievement of organizational objectives through the use of people and other resources. The skills 
and principles of management apply in both profit and not-for-profit organizations. - -Management 
______ has three levels: top, middle, and supervisory management. Top management sets the long-te...
microeconomics - -study of small economic units, such as individual consumers, families, and 
businesses. 
demand - -willingness and ability of buyers to purchase goods and services 
Supply - -willingness and ability of sellers to provide goods and services. 
Economics - -social science that analyze...
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Add to cartmicroeconomics - -study of small economic units, such as individual consumers, families, and 
businesses. 
demand - -willingness and ability of buyers to purchase goods and services 
Supply - -willingness and ability of sellers to provide goods and services. 
Economics - -social science that analyze...
Which part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased decision-mak...
Preview 3 out of 19 pages
Add to cartWhich part of the organizing process aids in effective and efficient progress toward planned goals and 
often results in changes within the organization? - -Evaluating results 
What is the result of a company increasing the delegation of authority and the span of control? - - 
Increased decision-mak...
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