WGU D076 Finance Skills for Managers Latest Updated Already Passed
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Course
WGU D076 Finance Skills
Institution
WGU D076 Finance Skills
WGU D076 Finance Skills for Managers
Latest Updated Already Passed
What is a reasonable alternative to keeping an emergency stash of cash?
Investing in a savings account
Investing in a readily withdrawable account that still earns some interest is a value-preserving
alternative.
Which area of...
wgu d076 finance skills for managers latest update
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WGU D076 Finance Skills
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WGU D076 Finance Skills for Managers
Latest Updated Already Passed
What is a reasonable alternative to keeping an emergency stash of cash?
Investing in a savings account
Investing in a readily withdrawable account that still earns some interest is a value-preserving
alternative.
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 is 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?
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 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?
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?
Do the benefits of this investment outweigh the costs?
,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?
To 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?
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?
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?
Making investment decisions
Managing working capital means overseeing day-to-day operations and cash flows.
What tool can you use to understand your overall personal cash flows?
Budgeting helps you to understand your income and expenses and to analyze your cash flows.
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