SION A AND B) 2024-2025 ACTUAL EXAM /Newest 2025/2026 Complete
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1. What area of finance involves deciding Investments
which assets to invest in to create wealth
in the future?
2. Hannah is the financial manager of a firm. Making a financing decision - Since the pro-
A project that she has recommended has ject has already been approved, Hannah is
been approved and will cost $5 million. trying to find a way to finance the investment
Since the company does not have enough and considering its capital structure.
cash on reserve, Hannah must figure out
how to raise enough money to start the
project. She can choose whether to issue
new bonds, new stocks, a mortgage loan,
or some combination of those options.
What task is Hannah performing in this
scenario?
3. 0/1 To maximize individual utility -While every-
Maria and Mateo are setting financial one has different personal financial goals,
goals. They decide that they need to save the objectives of such goals is to maximize
$200 each month to reach their goal of individual utility.
taking their children to visit their grand-
parents in Spain next summer. What is the
objective of setting such a goal?
4. Which professional works with individu- Financial planner - Professional financial
als to help them achieve their financial planners work with individuals to help them
goals? achieve their financial goals.
5.
, WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VE
SION A AND B) 2024-2025 ACTUAL EXAM /Newest 2025/2026 Complete
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1/1 Financing a goal - He has already made a
Omar is about to purchase a new car for decision to purchase the car and is now de-
$30,000. He knows he wants to buy the ciding on financing options.
car, but he is still trying to decide how to
pay for it. He has barely over $30,000 in
his bank account. He can either take out
an auto loan from a bank or use a mix of
cash and an auto loan.
6. Which area of finance deals with sources Business finance - Business finance is the
of funding and the capital structure of area of finance that deals with uses and
corporations and seeks to increase the sources of funding to increase the value of
value of a firm to its owners? the firm.
7. What is the primary difference between Finance focuses on the future, while account-
finance and accounting? ing is generally backward-looking. - finance
is the management and allocation of capital
with the objectives of investing, forecasting,
budgeting, saving, lending, and borrowing.
8. Which subspecialty of finance primarily Investments - investments is the area of fi-
involves deciding which assets will create nance that seeks to create wealth in the future
more wealth and earn positive returns? by deciding where to allocate money
9. What is the primary goal of the financial To maximize owner wealth - The financial
manager of a firm? manager should make decisions based on
the primary goal of maximizing owner wealth.
10. Do the benefits of this investment outweigh
the costs? - For any investment, you should
, WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VE
SION A AND B) 2024-2025 ACTUAL EXAM /Newest 2025/2026 Complete
Questions And Correct Detailed Answers (Verified Answers) |Already Gra
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What should be the main question a firm expect to receive a benefit worth at least as
asks when considering any investment much as the initial cost.
decision?
11. What is the primary aim of personal fi- maximize satisfaction from products pur-
nance goals? chased and services obtained- the objective
of personal financial goals is to maximize
one's utility.
12. Which task does a financial manager per- Making financing decisions - The manager is
form when choosing to obtain a loan to deciding where to get the funds to support
purchase a piece of equipment for a new a new project, which means the manager is
project? making a financing decision
13. Which financial career focuses on invest- private equity - Private equity deals with in-
ing capital into firms whose shares are vestments in firms that are privately held and
not currently sold on any public stock ex- whose ownership is not yet bought or sold
change? on any public stock exchange
14. Which task does a financial manager per- Making investment decisions -Understand-
form when assessing the costs and bene- ing how benefits weigh up against costs is
fits of potential projects? the first priority before moving forward with
financing and managerial decisions.
15. What does the term legal describe? An action that is in accordance with the laws
and rules set by an authority. -
16. Jack is a personal financial advisor. He is Give a personal recommendation of the com-
with a new client, and the client is asking pany's product while explaining its perfor-
him what he recommends for her port- mance relative to the market over the past