WGU C214 Financial Management Final Test Questions And Answers
WGU C214 Financial Management Final Test Questions And Answers Statement of Cash Flows - CORRECT ANSWER Shows the change in cash balance for a period of time. Focuses only on items where cash is received, or cash is paid. Cash Flow from Operating Activities (CFO) - CORRECT ANSWER Cash flow that a company generates as a result of day-to-day business operations. Deals with Current Assets and Current Liabilities. Cash Flow from Investing Activities (CFI) - CORRECT ANSWER Cash flow that is generated from investments in long term assets. Cash Flow from Financing Activities (CFF) - CORRECT ANSWER Cash flow that is used to fund the company. Cash flow that is generated from financing the business. Includes Debt & Equity. How does an increase in Accounts receivable impact CFO? - CORRECT ANSWER An Increase in Accounts receivable will decrease CFO How does an increase in Accounts payable impact CFO? - CORRECT ANSWER An Increase in Accounts Payable will increase CFO What financial statement is prepared at a point in time - CORRECT ANSWER Balance Sheet What financial statements are prepared for a period of time? - CORRECT ANSWER • Income Statement • Retained Earnings Statement • Statement of Cash Flows Define Efficient Frontier - CORRECT ANSWER Maximizes expected return for a given level of risk
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