2026 WGU D076 FINANCE SKILLS FOR MANAGERS
FINAL EXAM|ACTUAL 120Qs&As|ALREADY GRADED
A+
What area of finance involves deciding which assets to invest in to create
wealth in the future?
Investments
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 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?
Making a financing decision - Since the project has already been approved,
Hannah is trying to find a way to finance the investment and considering its
capital structure.
Maria and Mateo are setting financial goals. They decide that they need to
save $200 each month to reach their goal of taking their children to visit their
grandparents in Spain next summer. What is the objective of setting such a
goal?
To maximize individual utility -While everyone has different personal financial
goals, the objectives of such goals is to maximize individual utility.
,Which professional works with individuals to help them achieve their financial
goals?
Financial planner - Professional financial planners work with individuals to
help them achieve their financial goals.
1/1
Omar is about to purchase a new car for $30,000. He knows he wants to buy
the 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.
Financing a goal - He has already made a decision to purchase the car and is
now deciding on financing options.
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 - Business finance is the area of finance that deals with uses
and sources of funding to increase the value of the firm.
What is the primary difference between finance and accounting?
Finance focuses on the future, while accounting is generally backward-looking.
- finance is the management and allocation of capital with the objectives of
investing, forecasting, budgeting, saving, lending, and borrowing.
,Which subspecialty of finance primarily involves deciding which assets will
create more wealth and earn positive returns?
Investments - investments is the area of finance that seeks to create wealth in
the future by deciding where to allocate money
What is the primary goal of the financial manager of a firm?
To maximize owner wealth - The financial manager should make decisions
based on the primary goal of maximizing owner wealth.
What should be the main question a firm asks when considering any
investment decision?
Do the benefits of this investment outweigh the costs? - For any investment,
you should expect to receive a benefit worth at least as much as the initial
cost.
What is the primary aim of personal finance goals?
maximize satisfaction from products purchased and services obtained- the
objective of personal financial goals is to maximize one's utility.
, Which task does a financial manager perform when choosing to obtain a loan
to purchase a piece of equipment for a new project?
Making financing decisions - The manager is deciding where to get the funds
to support a new project, which means the manager is making a financing
decision
Which financial career focuses on investing capital into firms whose shares are
not currently sold on any public stock exchange?
private equity - Private equity deals with investments in firms that are
privately held and whose ownership is not yet bought or sold on any public
stock exchange
Which task does a financial manager perform when assessing the costs and
benefits of potential projects?
Making investment decisions -Understanding how benefits weigh up against
costs is the first priority before moving forward with financing and managerial
decisions.
What does the term legal describe?
An action that is in accordance with the laws and rules set by an authority. -
FINAL EXAM|ACTUAL 120Qs&As|ALREADY GRADED
A+
What area of finance involves deciding which assets to invest in to create
wealth in the future?
Investments
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 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?
Making a financing decision - Since the project has already been approved,
Hannah is trying to find a way to finance the investment and considering its
capital structure.
Maria and Mateo are setting financial goals. They decide that they need to
save $200 each month to reach their goal of taking their children to visit their
grandparents in Spain next summer. What is the objective of setting such a
goal?
To maximize individual utility -While everyone has different personal financial
goals, the objectives of such goals is to maximize individual utility.
,Which professional works with individuals to help them achieve their financial
goals?
Financial planner - Professional financial planners work with individuals to
help them achieve their financial goals.
1/1
Omar is about to purchase a new car for $30,000. He knows he wants to buy
the 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.
Financing a goal - He has already made a decision to purchase the car and is
now deciding on financing options.
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 - Business finance is the area of finance that deals with uses
and sources of funding to increase the value of the firm.
What is the primary difference between finance and accounting?
Finance focuses on the future, while accounting is generally backward-looking.
- finance is the management and allocation of capital with the objectives of
investing, forecasting, budgeting, saving, lending, and borrowing.
,Which subspecialty of finance primarily involves deciding which assets will
create more wealth and earn positive returns?
Investments - investments is the area of finance that seeks to create wealth in
the future by deciding where to allocate money
What is the primary goal of the financial manager of a firm?
To maximize owner wealth - The financial manager should make decisions
based on the primary goal of maximizing owner wealth.
What should be the main question a firm asks when considering any
investment decision?
Do the benefits of this investment outweigh the costs? - For any investment,
you should expect to receive a benefit worth at least as much as the initial
cost.
What is the primary aim of personal finance goals?
maximize satisfaction from products purchased and services obtained- the
objective of personal financial goals is to maximize one's utility.
, Which task does a financial manager perform when choosing to obtain a loan
to purchase a piece of equipment for a new project?
Making financing decisions - The manager is deciding where to get the funds
to support a new project, which means the manager is making a financing
decision
Which financial career focuses on investing capital into firms whose shares are
not currently sold on any public stock exchange?
private equity - Private equity deals with investments in firms that are
privately held and whose ownership is not yet bought or sold on any public
stock exchange
Which task does a financial manager perform when assessing the costs and
benefits of potential projects?
Making investment decisions -Understanding how benefits weigh up against
costs is the first priority before moving forward with financing and managerial
decisions.
What does the term legal describe?
An action that is in accordance with the laws and rules set by an authority. -
