WGU D076 (D076)

In which way is accounting different from finance? Accounting is backward looking, while finance is focused on the future. Accounting is focused on allocating capital, while finance is focused on bringing in capital. Accounting is about budgeting, saving, and borrowing, while finance is about investing, forecasting, and lending. - Accounting is backward looking, while finance is focused on the future. What is the main question that both individuals and companies must consider when making fi...

In which way is accounting different from finance? -Accounting is backward looking, while finance is focused on the future. -Accounting is about budgeting, saving, and borrowing, while finance is about investing, forecasting, and lending. -Accounting is focused on allocating capital, while finance is focused on bringing in capital. -Accounting forecasts future performance, given the past, while finance records past performance. - Accounting is backward looking, while finance is focused on ...

In which way is accounting different from finance? Accounting forecasts future performance, given the past, while finance records past performance. Accounting is backward looking, while finance is focused on the future. Accounting is focused on allocating capital, while finance is focused on bringing in capital. Accounting is about budgeting, saving, and borrowing, while finance is about investing, forecasting, and lending. - Accounting forecasts future performance, given the past, while fi...

What are the main services offered by financial institutions? A. Soliciting charitable donations and then managing the distribution of these funds B. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions C. Deciding which assets to invest in to create wealth in the future D. Evaluating sources of funding for a business project, the capital structure of a firm, or actions managers could take to increase the value of the fir...

What are the main services offered by financial institutions? - Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions (Correct! Financial institutions such as banks, insurance companies, and mutual fund companies provide these services.) What is the main objective of personal financial goals? - To maximize individual utility (Correct! You set goals and act to increase your satisfaction or happiness by taking care of necessi...

Unit 2 (Module 1) What area of finance involves deciding which assets to invest in to create wealth in the future? - Unit 2 Investments (Investments are an area of finance that involves deciding which assets to invest in to create wealth in the future.) Hannah is the financial manager of a firm. A project that she has recommended has been approved and will cost $5 million. Since the company does not have enough cash on reserve, Hannah must figure out how to raise enough money to start th...

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? 1. Real estate 2. Business finance 3. Financial institutions 4.Investments - Business finance What is the primary goal of the financial manager of a firm? 1. To minimize the costs of the firm 2. To maximize the manager's utility 3. To maximize owner wealth 4.To minimize the asset holdings of the firm - To maximize owner wealth What is ...

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 What is the primary difference between finance and accounting? - Finance focuses on the future, while accounting is generally backward-looking. Which subspecialty of finance primarily involves deciding which assets will create more wealth and earn positive returns? - Investments What is the primary goal of the financial ma...

What are the main services offered by financial institutions? - Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions What is the main objective of personal financial goals? - To maximize individual utility Which task does the financial manager of a firm perform that involves the issuance of new stocks and bonds? - Making financing decisions Why is understanding the definition of finance important in managing personal finan...