WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM ACTUAL QUESTIONS AND CORRECT ANSWERS LATEST GUIDE 2026 GRADED A+ .

1. In which way is accounting different from finance? Accounting is backward looking, while finance isfocused 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. Correct answer Accounting is backward looking, while finance is focused on the future. 2. What is the main question that both individuals and companies must consider when making financial decisions to reach a goal? Will the benefits of the action outweigh the costs? Will this decision require debt or equity financing? Will utility be maximized through this decision? Correct answer Willthebenefitsofthe actionoutweighthe costs? 3. A financial manager at a company is trying to determine whether to issue new stocks or new bondsto cover the costs of a project the company is doing the next year. Which main task in business finance is this situation an example of? Making financing decisions Making investment decisions Managing interdepartmental loans Correct answer Making financing decisions 4. How can investing help a person reach personal financial goals? It provides access to potential revenue or increases in value to help meet goals faster. It ensures money is placed in a safe, risk-free, and easily accessible financial asset. It helps a person understand how money was spent previously in order to reliably predict future expenses. Correct answer It provides access to potential revenue or increases in value to help meet goalsfaster. 5. A sign company is planning to have an initial public offering (IPO). In which type of market will its stock first be sold to the public? Efficient market Secondary market 3 / 12 Money market Primary market Correct answer Primarymarket 6. Which type of economic indicator changes after the economy changes and helps identify trends in the long term? Yield curve indicator Leading indicator Coincident indicator Lagging indicator Correct answer Lagging indicator 7. How does an investment institution, such as a mutual fund, facilitate the circulation of money in the economy? By insuring deposits in investment accounts up to $250,000 to promote public confidence By raising capital on a contractual basis, such as an insurance contract By providing individuals and firms access to financial markets to buy or sell financial securities Correct answer By providing individuals and firms access to financial markets to buy or sell financial securities 8. Which type of economic indicator is used by governments and policymakers to implement or alter policies in an effort to avoid or minimize the effects of an economic downturn? Correlated indicator Coincident indicator Lagging indicator Leading indicator Correct answer Leading indicator 9. What should a potential bondholder (lender) do to prevent a company (bor- rower) from taking on risky projects? Set strict covenants that the company cannot uphold if it chooses a risky project Encourage manipulation of accounting procedures to optimize the company's profit Separate owners from management s