C708 principles of finance / PRE ASSESSMENT: PRINCIPLES OF FINANCE PPBO (PRINCIPLESC708)
Western Governors University
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Western Governors University PRINCIPLES C708, PRE-ASSESSMENT: PRINCIPLES OF FINANCE PPBO (Status;passed)
- Exam (elaborations) • 28 pages • 2021
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PRE-ASSESSMENT: PRINCIPLES OF FINANCE PPBO 
Attempt #1 
Status: Passed 
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? 
YOUR 
ANSWER 
CORRECT 
ANSWER 
Investing excess cash 
Collecting past-due accounts 
Monitoring accounts payable 
Purchasing insurance 
2. 
Which activity is financial management responsible for? 
YOUR 
ANSWER 
CO...
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