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WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A $7.99
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WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A
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Course
WGU D076 OBJECTIVE
Institution
WGU D076 OBJECTIVE
WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A
WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST
VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE 300
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A
1. 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
2. What is the primary difference between finance and accounting?: Finance
focuses on the future, while accounting is generally backward-looking.
3. Which subspecialty of finance primarily involves deciding which assets will
create more wealth and earn positive returns?: Investments
4. An area of finance that deals with investment allocation and asset pricing.:
Investments
5. An area of finance that involves organizations that accept deposits, offer
investment products, loan money, or broker financial transactions.: Financial
Institutions
6. An area of finance that involves activities used to increase shareholder
wealth.: Corporate Finance.
7. What is the primary aim of personal finance goals?: To maximize satisfaction
from products purchased and services obtained
8. What should be the main question a firm asks when considering any
investment decision?: Do the benefits of this investment outweigh the costs?
9. What is the primary goal of the financial manager of a firm?: To maximize
owner wealth
10. What are three main tasks that a financial manager of a firm does in order to
achieve the goal of the firm, which is to maximize shareholder wealth?: Emaking
investment decisions, making financing decisions, and managing working capital.
11. Who is the highest ranking officer in corporate finance?: CFO, Chief Financial
Officer
12. What does the CFO do?: The CFO is responsible for all the financial decisions
made by the firm. He or she serves as the CEO's right-hand person in all money matters
and oversees the financial analysis and decision-making of the firm.
13. Which task does a financial manager perform when assessing the costs and
benefits of potential projects?: Making investment decisions
14. Which financial career focuses on investing capital into firms whose shares
are not currently sold on any public stock exchange?: Private equity
15. 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
, . D076
WGU
Study online at https://quizlet.com/_foa2q4
16. What are the three most important types of securities?: Treasury, Corporate, and
Stocks
17 Why does the SEC oversee Financial Markets?: To protect Investors
18. What are the purposes of financial markets?: To provide liquidity and determine
prices
19. In which financial market are securities such as stocks and bonds are traded
after their initial issuance?: Secondary market
20. What kind of market primarily allows institutions to borrow and lend in the
short term?: Money market
21. 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
22. What is a depository institution?: An institution that accepts and pays interest on
deposits of money, as well as extends loans
23. What is the primary role of financial institutions?: To conduct financial
transactions such as investments, loans, and deposits
24. A large corporation is looking to merge with another large corporation.
Which financial institution can help them do this?: Investment bank
25. Which type of financial institution deals mainly with providing for retirement
through employers?: Pension fund
26. How do insurance companies pay policyholders when a claim is made?: They
use returns from stocks and bonds.
27. Which financial institution ensures that a nation's economy remains healthy by
controlling the amount of money circulating in the economy?: Central bank
28. What are the three types of economic indicators?: Leading, Lagging, and
coincident
29. Unemployment rate is which type of economic indicator?: Lagging
30. 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
31. What would an inverted yield curve signal?: It may indicate an economic
downturn.
32. In what way are coincident indicators useful?: They are analyzed during
economic shifts to provide information about the current state of the economy.
33. Which responsibility is a focus of the U.S. Securities and Exchange
Commission?: To protect investors
34. Which type of financial institution provides individuals and firms access to
financial markets?: Investment institutions
, . D076
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Study online at https://quizlet.com/_foa2q4
35 Which financial institution includes entities that receive money from institutional
investors and wealthy individuals to buy troubled companies to improve them and
earn returns by selling them or going public?: Private equity
36. Yield curve is which type of economic indicator?: Leading
37. Which type of error would result in a set repercussion or penalty given by the
government?: Legal
38. Lucas is a financial advisor working for Bullzai, Inc. He is faced with a
dilemma. Bullzai has started changing its practices in order to increase profit.
As a financial advisor, he is now supposed to suggest to clients to invest in
portfolios that will not do as well as the portfolios that Bullzai is invested in.
This is an accepted practice done by other businesses in the industry, and it
complies with all standards set by the government. However, Lucas knows that
this practice is not in his clients' best interest. What type of dilemma is
Lucas facing?: Moral
39. What characterizes an ethical action?: An ethical action is based on accepted
standards of conduct.
40. Which term reflects a person's beliefs about right and wrong, good and bad, or
just and unjust?: Moral
41. The system of recording, reporting, and summarizing past financial
information and transactions.: Accounting
42. An activity ratio found by credit sales divided by accounts receivable.: Accounts
Receivable Turnover (AR Turnover)
43. A category of ratios that measure how well a company uses its assets to generate
sales or cash, showing the firm's operational efficiency and profitability.:
Activity Ratios
44. Another name for the discretionary financing needed or external financing
needed. It represents the additional financing needed given a firm's
expectations for future growth.: Additional Funds Needed (AFN)
45. A bond covenant that describes things the company pledges itself to do in order
to protect bondholders.Go To: Affirmative Covenants
46. Costs that are incurred when management does not act in the best interest of
shareholders.: Agency Costs
47. When the agent (the management) does not act in the best interest of the
principal (the owners).Go To: Agency Problem
48. Companies or securities with beta greater than 1.: Aggressive Assets
49. 49. The annual interest rate that is charged for borrowing money or that is
earned through investment.: Annual Percentage Rate
50. A stream of cash flows of an equal amount paid every consecutive period.Go To:
Annuity
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