Wgu c708 exam - Study guides, Class notes & Summaries

WGU C708 Principles of Finance exam

WGU C708 Principles of Finance Exam 2023 Questions and Answers (Verified Answers) 1. The credit manager for a company is responsible for setting the company's credit policy regarding availability and limits for customers. What is one of the additional responsibilities of this credit manager? A. Purchasing insurance B. Collecting past-due accounts C. Monitoring accounts payable D. Investing excess cash B. Collecting past-due accounts 2. Which activity is financial management r...

WGU EXAM C708 PRINCIPLES OF FINANCE Questions and Answers Graded A+ 1. The credit manager for a company is responsible for setting the company's credit policy regarding availability and limits for customers. What is one of the additional responsibilities of this credit manager? A. Purchasing insurance B. Collecting past-due accounts C. Monitoring accounts payable D. Investing excess cash ANS- B. Collecting past-due accounts 2. Which activity is financial management responsibl...

Principles of Finance WGU C708, Exam Question with accurate answers, 100% Accurate, rated A+ The three main areas of finance are ____. - -financial Institutions, financial markets, and financial management The two main drivers of finance are ____. - -the time value of money and risk Investment - -a placement of capital in expectation of deriving income or profit from its use. Asset - -something or someone of any value; any portion of one's property or effects so considered. Deb...

Principles of Finance (C708) – WGU. Top Exam Questions with accurate answers Matching Principle - -The revenues and the expected incurred to generate those revenues must be reported together; a fundamental component of accrual-based accounting. Historical Cost Principle - -Items that appear on the financial statement are listed at the cost when purchased. Current Assets - -Cash or assets that will be converted into cash within the next year. Gross Fixed Assets - -Property, Plant...

Finance - Answer The study of fund management and asset allocation over time *time drives finance decisions Accounting vs. Finance vs. Economics - Answer - Accounting looks at the past - Finance uses past information for looking into the future - Economics looks at what happens if...cause and effect Why should we care about finance in business? - Answer 1. Maximize shareholder value 2. Choose between different investment choices 3. Make sure money is in the right place at the right time ...

Finance - Answer The study of fund management and asset allocation over time *time drives finance decisions Accounting vs. Finance vs. Economics - Answer - Accounting looks at the past - Finance uses past information for looking into the future - Economics looks at what happens if...cause and effect Why should we care about finance in business? - Answer 1. Maximize shareholder value 2. Choose between different investment choices 3. Make sure money is in the right place at the right time ...