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WGU C846 : Practice Tests 100% Solved 2024
WGU C846 : Practice Tests 100% Solved 2024 
What is the purpose of the service configuration management practice? 
A) To ensure that services deliver agreed levels of availability to meet the needs of 
customers and users 
B) To ensure that service availability and performance are maintained at an adequate 
level in case of a disaster 
C) To set clear business-related targets for service performance so that delivery of a 
service can be properly assessed, monitored, and managed against the targe...
- Exam (elaborations)
- • 42 pages •
WGU C846 : Practice Tests 100% Solved 2024 
What is the purpose of the service configuration management practice? 
A) To ensure that services deliver agreed levels of availability to meet the needs of 
customers and users 
B) To ensure that service availability and performance are maintained at an adequate 
level in case of a disaster 
C) To set clear business-related targets for service performance so that delivery of a 
service can be properly assessed, monitored, and managed against the targe...
WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated | Graded A+
WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated | Graded A+
- Package deal
- • 9 items •
- c214 Financial Management WGU Exam Questions and Answers 100% Pass • Exam (elaborations)
- WGU - C214 Financial Management – Final Exam Questions and Answers • Exam (elaborations)
- c214 financial management exam questions and answers • Exam (elaborations)
- WGU - C214: Financial Management Exam Questions and Answers • Exam (elaborations)
- C214 Financial Management Concepts Exam Questions and Answers • Exam (elaborations)
- And more ….
WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated | Graded A+
C214 - Financial Management Exam Questions and Answers
C214 - Financial Management Exam 
Questions and Answers 
Trading on the NYSE is executed without a specialist (i.e. a market maker). - Answer- 
False 
Accruals - Answer- are expenses a firm owes but hasn't paid yet. (Like wages - the 
employee has worked, but his check hasn't been cut yet.) 
Which of the following best describes the guiding principle for revenue recognition within 
accrual accounting system: - Answer- Revenue is reported when the earnings process 
is complete 
A high-quality c...
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- Exam (elaborations)
- • 26 pages •
C214 - Financial Management Exam 
Questions and Answers 
Trading on the NYSE is executed without a specialist (i.e. a market maker). - Answer- 
False 
Accruals - Answer- are expenses a firm owes but hasn't paid yet. (Like wages - the 
employee has worked, but his check hasn't been cut yet.) 
Which of the following best describes the guiding principle for revenue recognition within 
accrual accounting system: - Answer- Revenue is reported when the earnings process 
is complete 
A high-quality c...
C214 Financial Management Exam Questions and Answers
C214 Financial Management Exam 
Questions and Answers 
Finance is a subfield with in - Answer- Economics 
Which of the following is not an example of firm capital? - Answer- Financial Markets 
Capital is defined as a - Answer- financial asset 
Corporate finance is devoted to understanding various types of - Answer- financial 
instruments 
Which of the following is an example of firm capital? - Answer- Cash 
Corporate finance focuses on the decision making by the - Answer- Management 
What are th...
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- Exam (elaborations)
- • 18 pages •
C214 Financial Management Exam 
Questions and Answers 
Finance is a subfield with in - Answer- Economics 
Which of the following is not an example of firm capital? - Answer- Financial Markets 
Capital is defined as a - Answer- financial asset 
Corporate finance is devoted to understanding various types of - Answer- financial 
instruments 
Which of the following is an example of firm capital? - Answer- Cash 
Corporate finance focuses on the decision making by the - Answer- Management 
What are th...
WGU C214 Financial Management Exam Questions and Answers
WGU C214 Financial Management 
Exam Questions and Answers 
Net Income = - Answer- Revenues - Expenses 
Revenues - Cost of Goods Sold (COGS) - Answer- Gross Profit 
Gross Profit - Operating Expenses - Answer- EBIT 
EBIT = - Answer- Sales - Costs - Depreciation 
EBIT = - Answer- Operating Profit or Operating Income 
EBIT - Interest Expense = - Answer- Earnings Before Taxes 
Earnings before Taxes - Tax Expense = - Answer- Net Income (NI) 
Retained Earnings - Answer- End RE = Beg RE + NI - Dividends...
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- Exam (elaborations)
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WGU C214 Financial Management 
Exam Questions and Answers 
Net Income = - Answer- Revenues - Expenses 
Revenues - Cost of Goods Sold (COGS) - Answer- Gross Profit 
Gross Profit - Operating Expenses - Answer- EBIT 
EBIT = - Answer- Sales - Costs - Depreciation 
EBIT = - Answer- Operating Profit or Operating Income 
EBIT - Interest Expense = - Answer- Earnings Before Taxes 
Earnings before Taxes - Tax Expense = - Answer- Net Income (NI) 
Retained Earnings - Answer- End RE = Beg RE + NI - Dividends...
C214 - Financial Management Exam Questions and Answers 100% Pass
C214 - Financial Management Exam 
Questions and Answers 100% Pass 
Accounting - Answer- The business function responsible for creating the historical 
financial statements. 
Accounts Payable - Answer- A current liability that represents any money the firm owes 
suppliers and other firms. Typically the firm does not pay interest on accounts payable. 
Accounts Receivable (AR) - Answer- A type of current asset which represents any 
money owed to the firm for services rendered. 
Accounts Receivable ...
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C214 - Financial Management Exam 
Questions and Answers 100% Pass 
Accounting - Answer- The business function responsible for creating the historical 
financial statements. 
Accounts Payable - Answer- A current liability that represents any money the firm owes 
suppliers and other firms. Typically the firm does not pay interest on accounts payable. 
Accounts Receivable (AR) - Answer- A type of current asset which represents any 
money owed to the firm for services rendered. 
Accounts Receivable ...
C214 Financial Management Concepts Exam Questions and Answers
C214 Financial Management Concepts 
Exam Questions and Answers 
1. The goal of the corporation is to: 
a. Maximize profits 
b. Maximize market share 
c. Maximize stock price 
d. Minimize risk - Answer- c. Maximize stock price 
2. Risk premium is best described as 
a. Return on risky securities 
b. Compensation for risk-taking 
c. Return on stocks 
d. Expected return on securities - Answer- b. Compensation for risk-taking 
3. What is the relationship between risk and required return? 
a. The two ...
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- Exam (elaborations)
- • 17 pages •
C214 Financial Management Concepts 
Exam Questions and Answers 
1. The goal of the corporation is to: 
a. Maximize profits 
b. Maximize market share 
c. Maximize stock price 
d. Minimize risk - Answer- c. Maximize stock price 
2. Risk premium is best described as 
a. Return on risky securities 
b. Compensation for risk-taking 
c. Return on stocks 
d. Expected return on securities - Answer- b. Compensation for risk-taking 
3. What is the relationship between risk and required return? 
a. The two ...
WGU - C214: Financial Management Exam Questions and Answers
WGU - C214: Financial Management 
Exam Questions and Answers 
If accounts receivable increases, what is the impact on CFO? - Answer- CFO decreases 
Are actual taxes paid the same as how on the GAAP income statement? - Answer- No. 
Actual Taxes = IRS Rules 
Income Statement = GAAP 
Which decisions require using subjective estimates? - Answer- Economic life of a new 
asset. 
If there is a 30% change of a recession, what is the probability of expansion? - Answer- 
70% 
*The sum of probabilities mus...
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- Exam (elaborations)
- • 10 pages •
WGU - C214: Financial Management 
Exam Questions and Answers 
If accounts receivable increases, what is the impact on CFO? - Answer- CFO decreases 
Are actual taxes paid the same as how on the GAAP income statement? - Answer- No. 
Actual Taxes = IRS Rules 
Income Statement = GAAP 
Which decisions require using subjective estimates? - Answer- Economic life of a new 
asset. 
If there is a 30% change of a recession, what is the probability of expansion? - Answer- 
70% 
*The sum of probabilities mus...
c214 financial management exam questions and answers
c214 financial management exam 
questions and answers 
intrinsic value - Answer- the value of an asset computed with an economic model. 
Based on the cash flows generated from the security, intrinsically it is work XX amount 
Terminal Cash Flow (TCF) - Answer- cash flows that result from winding down a project 
at the end of its life; does no include final year's differnetial cash flow. 
EFN - Answer- external financing or funds needed. Another name for DFN 
bond rating - Answer- a rating assig...
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- Exam (elaborations)
- • 11 pages •
c214 financial management exam 
questions and answers 
intrinsic value - Answer- the value of an asset computed with an economic model. 
Based on the cash flows generated from the security, intrinsically it is work XX amount 
Terminal Cash Flow (TCF) - Answer- cash flows that result from winding down a project 
at the end of its life; does no include final year's differnetial cash flow. 
EFN - Answer- external financing or funds needed. Another name for DFN 
bond rating - Answer- a rating assig...
WGU - C214 Financial Management – Final Exam Questions and Answers
WGU - C214 Financial Management – 
Final Exam Questions and Answers 
Statement of Cash Flows - Answer- Shows the change in cash balance for a period of 
time. Focuses only on items where cash is received, or cash is paid. 
Cash Flow from Operating Activities (CFO) - Answer- Cash flow that a company 
generates as a result of day-to-day business operations. Deals with Current Assets and 
Current Liabilities. 
Cash Flow from Investing Activities (CFI) - Answer- Cash flow that is generated from 
i...
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- Exam (elaborations)
- • 7 pages •
WGU - C214 Financial Management – 
Final Exam Questions and Answers 
Statement of Cash Flows - Answer- Shows the change in cash balance for a period of 
time. Focuses only on items where cash is received, or cash is paid. 
Cash Flow from Operating Activities (CFO) - Answer- Cash flow that a company 
generates as a result of day-to-day business operations. Deals with Current Assets and 
Current Liabilities. 
Cash Flow from Investing Activities (CFI) - Answer- Cash flow that is generated from 
i...
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