WGU D367 Innovation in Finance Objective
Assessment NEWEST 2026-2027 ACTUAL EXAM
COMPLETE 70 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+ BRAND NEW!!
A company has exhausted seed funding and is seeking Series A funding to continue operations.
The company has struggled to market the product and has lower than expected revenues. What
should the company do when approaching future investors to acquire funding? - CORRECT
ANSWER: Create a compelling growth story
A consumer would like to take a trip to another country but does not have all of the funds to book
the airline ticket and pay for the hotel. How can improvements to fintech platforms help this
consumer with travel? - CORRECT ANSWER: Buyers can repay ticketing and lodging expenses
through installments.
A customer makes an online purchase from a retailer and uses a fintech lending platform for
payment. The customer receives monthly bills to pay for the purchase. Which feature does a
fintech online purchasing platform use to adjust for a portion of customers delaying payment? -
CORRECT ANSWER: Charging interest
A finance professional is seeking capital for a new fintech start-up, and they are assessing
whether to apply to an incubator or accelerator program. The professional needs help with
developing business profitability and rapid growth. Which choice should this founder make and
why? - CORRECT ANSWER: Accelerator, because the founder needs a fast increase in revenue
A financial advisory firm decides to offer financial planning software that recommends model
portfolios to customers based on customers' risk tolerance, income needs, and time horizon. How
do advisors at the firm benefit from this decision? - CORRECT ANSWER: It frees up time for
client acquisition.
, A financial institution is currently working on a function within its lending application that
would allow registered users to create and record financial goals. How will the implementation
of this function benefit the borrowers who use the application? - CORRECT ANSWER: It will
assist borrowers in seeing the bigger picture in terms of assets and debt.
A financial service company wants to use artificial intelligence (AI) to improve its sales figures.
What is an example of an action the company could take to accomplish this? - CORRECT
ANSWER: Analyzing past customer trends to offer coupons based on probable purchases
A financial services firm wants to attract new customers that are most likely to use several of its
services. How could the firm use artificial intelligence (AI) and machine learning (ML) to do
this? - CORRECT ANSWER: By creating a predictive model based on data from multiple
sources
A fintech company entered the payments industry with a peer-to-peer (P2P) strategy to improve
customer experience. How is the strategy different from that of a traditional bank? - CORRECT
ANSWER: An intermediary is bypassed.
A fintech company has a well-developed product and limited debt. The company's founders are
unconcerned with dilution, and the start-up wants to expand into new markets. Which evidence
supports the need for Series B funding? - CORRECT ANSWER: The primary objective is
business development.
A fintech company's founders have acquired initial capital from an incubator, a first round of
funding from angel investors, and a second round of funding from a private equity firm. Which
conclusion should be drawn about investor shares? - CORRECT ANSWER: Series B shares
were more expensive than previously purchased shares.
A fintech created a mobile application in which registered customers use facial recognition to log
into the application. Which conclusion can be drawn about this type of software? - CORRECT
ANSWER: It was created as a biometric solution to prevent fraud.
Assessment NEWEST 2026-2027 ACTUAL EXAM
COMPLETE 70 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+ BRAND NEW!!
A company has exhausted seed funding and is seeking Series A funding to continue operations.
The company has struggled to market the product and has lower than expected revenues. What
should the company do when approaching future investors to acquire funding? - CORRECT
ANSWER: Create a compelling growth story
A consumer would like to take a trip to another country but does not have all of the funds to book
the airline ticket and pay for the hotel. How can improvements to fintech platforms help this
consumer with travel? - CORRECT ANSWER: Buyers can repay ticketing and lodging expenses
through installments.
A customer makes an online purchase from a retailer and uses a fintech lending platform for
payment. The customer receives monthly bills to pay for the purchase. Which feature does a
fintech online purchasing platform use to adjust for a portion of customers delaying payment? -
CORRECT ANSWER: Charging interest
A finance professional is seeking capital for a new fintech start-up, and they are assessing
whether to apply to an incubator or accelerator program. The professional needs help with
developing business profitability and rapid growth. Which choice should this founder make and
why? - CORRECT ANSWER: Accelerator, because the founder needs a fast increase in revenue
A financial advisory firm decides to offer financial planning software that recommends model
portfolios to customers based on customers' risk tolerance, income needs, and time horizon. How
do advisors at the firm benefit from this decision? - CORRECT ANSWER: It frees up time for
client acquisition.
, A financial institution is currently working on a function within its lending application that
would allow registered users to create and record financial goals. How will the implementation
of this function benefit the borrowers who use the application? - CORRECT ANSWER: It will
assist borrowers in seeing the bigger picture in terms of assets and debt.
A financial service company wants to use artificial intelligence (AI) to improve its sales figures.
What is an example of an action the company could take to accomplish this? - CORRECT
ANSWER: Analyzing past customer trends to offer coupons based on probable purchases
A financial services firm wants to attract new customers that are most likely to use several of its
services. How could the firm use artificial intelligence (AI) and machine learning (ML) to do
this? - CORRECT ANSWER: By creating a predictive model based on data from multiple
sources
A fintech company entered the payments industry with a peer-to-peer (P2P) strategy to improve
customer experience. How is the strategy different from that of a traditional bank? - CORRECT
ANSWER: An intermediary is bypassed.
A fintech company has a well-developed product and limited debt. The company's founders are
unconcerned with dilution, and the start-up wants to expand into new markets. Which evidence
supports the need for Series B funding? - CORRECT ANSWER: The primary objective is
business development.
A fintech company's founders have acquired initial capital from an incubator, a first round of
funding from angel investors, and a second round of funding from a private equity firm. Which
conclusion should be drawn about investor shares? - CORRECT ANSWER: Series B shares
were more expensive than previously purchased shares.
A fintech created a mobile application in which registered customers use facial recognition to log
into the application. Which conclusion can be drawn about this type of software? - CORRECT
ANSWER: It was created as a biometric solution to prevent fraud.
