FINANCE C708
Western Governors University
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Principals of Finance - C708 – Pre-Assessment (PPBO) An Introduction to Finance
- Exam (elaborations) • 23 pages • 2022
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An Introduction to Finance 
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 
CORRECT 
ANSWER 
Ensuring sufficient financing ...
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Principles of Finance - C708 Pre Assessment.
- Exam (elaborations) • 29 pages • 2022
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1. 
Corporations establish goals in areas including finance, diversity, and social responsibility. 
Match the corporate goal with the area that it addresses. 
Answer options may be used more than once or not at all. Select your answers from the pulldown list. 
Your 
Answer 
Correct 
Answer 
Answer 
Choices 
Environmental 
goal 
Environmental 
goal Create zero waste 
Diversity goal Diversity goal Promote women and minorities 
Financial goal Financial goal Make a profitable investment for the comp...
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Western Governors University INANCE C708WGU.C708.Pre-Assessment.1.
- Exam (elaborations) • 23 pages • 2022
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- $11.49
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An Introduction to Finance 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 CORRECT ANSWER Ensuring sufficient financing is available Veri...
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