Wgu c214 stuvia - Study guides, Class notes & Summaries

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Trading on the NYSE is executed without a specialist (i.e. a market maker). (T/F) - ANSWERSF Stocks and bonds are two types of financial instruments (T/F) - ANSWERSTrue The matching principle in accrual accounting requires that: a. Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large...

Stuvia-3916342-wgu-c214-oa-financial-management-exam Questions and Answers 2024 / 2025 (Verified Answers by Expert)

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The goal of the corporation is to: - ANSWER-maximize stock price What makes an efficient market? - ANSWER-Competitive market, liquidity, transparency What is the relationship between risk and required return? - ANSWER-As risk increases, required return increases. What are the 3 main financial statements? - ANSWER-Income statement, the Balance Sheet., and the statement of cash flows Which financial statement reflects a POINT in time (not a period in time) - ANSWER-Balance sheet Wha...

1. The goal of the corporation is to: - ANSWER-Maximize stock price 2. Which of the following is a requirement for an efficient market - ANSWER-Competitive markets, transparency, liquidity 3. What is the relationship between risk and required return? - ANSWER-Higher risk causes higher required return 4. The value of money depends upon - ANSWER-The timing of the receipt, the certainty of the receipt, and the riskiness of the receipt 5. What is the purpose of the SEC 10-K filing requir...

Trading on the NYSE is executed without a specialist (i.e. a market maker). (T/F) - ANSWER-F Stocks and bonds are two types of financial instruments (T/F) - ANSWER-T The matching principle in accrual accounting requires that: a. Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large en...