WGU D076 BOARD EVALUATION FINAL
PAPER 2026 GUARANTEED PASS STUDY
MATERIAL
⩥ UNIT 2
Which type of economic indicator is the consumer price index?
1. Lagging indicator
2. Coincident indicator
3. Forecasting indicator
4. Leading indicator. Answer: 1. Lagging indicator
Correct! CPI usually changes after the economy as a whole changes.
⩥ UNIT 2
What does the term ethical refer to?
1. An idea or thing used as a measure, norm, or model in comparative
evaluations
,2. The accepted standards of conduct that guide a person's behavior
3. Following the laws and rules set by an authority
4. One's beliefs about right and wrong, good and bad, or just and unjust.
Answer: 2. The accepted standards of conduct that guide a person's
behavior
Correct! Ethical refers to the accepted standards of conduct that guide a
person's behavior.
⩥ UNIT 2
A company's officers and board of directors are selling their stocks in the
firm at higher prices due to false accounting reports that made the stock
seem more valuable than it truly was. Which ethical issue is occurring in
this situation?
1. Conflict between work and personal affairs
2. Agency problem due to conflicting interests
3. Pursuing individual interest over client interests
,4. Maximizing shareholder value. Answer: 2. Agency problem due to
conflicting interests
Correct! Accounting manipulation by management in pursuit of higher
stock-related compensation is an example of an agency problem.
⩥ UNIT 3
Task 1: Suppose you invested some money today into an account that
will pay 10% per year with the goal to have $100,000 (pull out) in 30
years. How much do you have to deposit today?
rate:
nper:
pmt:
fv:
type:
PV:. Answer: rate: 10%
nper: 30
pmt: 0
fv: 100,000
type: 0
PV: =pv(rate,nper,pmt,fv,type) = (-$5,730.86)
, ⩥ UNIT 3 - this is wrong
Task 2: What is the future value of the following annuity due?
Receiving $800 a year for 2 years compounded at 3.5% annually.
rate:
nper:
pmt:
pv:
type:
FV:. Answer: rate: 3.5
nper: 2
pmt: 800
pv: 0
type: 0
FV: =fv(rate,nper,pmt,fv,type) = (-$1,628)
⩥ UNIT 3
Task 3: What is the present value of the following stream of cash flows
at a discount rate of 6%?
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
CF $3,150 $4,320 $3,600 $2,340 $2,500 $2,850
PAPER 2026 GUARANTEED PASS STUDY
MATERIAL
⩥ UNIT 2
Which type of economic indicator is the consumer price index?
1. Lagging indicator
2. Coincident indicator
3. Forecasting indicator
4. Leading indicator. Answer: 1. Lagging indicator
Correct! CPI usually changes after the economy as a whole changes.
⩥ UNIT 2
What does the term ethical refer to?
1. An idea or thing used as a measure, norm, or model in comparative
evaluations
,2. The accepted standards of conduct that guide a person's behavior
3. Following the laws and rules set by an authority
4. One's beliefs about right and wrong, good and bad, or just and unjust.
Answer: 2. The accepted standards of conduct that guide a person's
behavior
Correct! Ethical refers to the accepted standards of conduct that guide a
person's behavior.
⩥ UNIT 2
A company's officers and board of directors are selling their stocks in the
firm at higher prices due to false accounting reports that made the stock
seem more valuable than it truly was. Which ethical issue is occurring in
this situation?
1. Conflict between work and personal affairs
2. Agency problem due to conflicting interests
3. Pursuing individual interest over client interests
,4. Maximizing shareholder value. Answer: 2. Agency problem due to
conflicting interests
Correct! Accounting manipulation by management in pursuit of higher
stock-related compensation is an example of an agency problem.
⩥ UNIT 3
Task 1: Suppose you invested some money today into an account that
will pay 10% per year with the goal to have $100,000 (pull out) in 30
years. How much do you have to deposit today?
rate:
nper:
pmt:
fv:
type:
PV:. Answer: rate: 10%
nper: 30
pmt: 0
fv: 100,000
type: 0
PV: =pv(rate,nper,pmt,fv,type) = (-$5,730.86)
, ⩥ UNIT 3 - this is wrong
Task 2: What is the future value of the following annuity due?
Receiving $800 a year for 2 years compounded at 3.5% annually.
rate:
nper:
pmt:
pv:
type:
FV:. Answer: rate: 3.5
nper: 2
pmt: 800
pv: 0
type: 0
FV: =fv(rate,nper,pmt,fv,type) = (-$1,628)
⩥ UNIT 3
Task 3: What is the present value of the following stream of cash flows
at a discount rate of 6%?
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
CF $3,150 $4,320 $3,600 $2,340 $2,500 $2,850
