Define sgr - Study guides, Class notes & Summaries
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WGU C214 OA Financial Management Retake Exam Questions and Answers (2022/2023) (Verified Answers)
- Exam (elaborations) • 17 pages • 2023
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WGU C214 OA Financial Management Retake Exam Questions and Answers (2022/2023) 
(Verified Answers) 
1. What does the Foreign Corrupt Practices Act forbid U.S. companiesto do? 
Prohibits U.S. firms and individuals from paying bribes toforeign officials to further business deals. 
2. What are two basic types of financial instruments? 
Stocks and Bonds 
3. What are secondary markets? 
Secondary financial markets are where securities are traded after the initialoffering. 
4. What do cash flows from...
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WGU C214 Financial Management OA Study Set Graded A+
- Exam (elaborations) • 9 pages • 2023
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Trading on the NYSE is executed without a specialist (i.e. a market maker). True or False? - ANSWER False 
 
Stocks and Bonds are two types of financial instruments. True or False? - ANSWER True 
 
When revenue is matched with cost of sales in an Income statement it is called? - ANSWER Matching principle 
 
Basic balance sheet equation is what? - ANSWER Equity = Assets - Liabilities 
 
Why is the balance sheet known as the permanent statement? - ANSWER Because the other statements are reset at t...
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