WGU D076 OA EXAM QUESTIONS WITH COMPLETE SOLUTIONS
GUARANTEED PASS BRAND NEW 2025
Why is understanding the definition of finance important in
managing personal finances?
A. It helps individuals compare the costs and benefits of an
action to determine whether to take that action.
B. It helps individuals act ethically with regard to finances.
C.It helps individuals understand legal issues related to finance.
D. It allows individuals to find an investment with the highest
return possible. - CORRECT ANSWER - >A. It helps individuals
compare the costs and benefits of an action to determine
whether to take that action.
In which type of market would a company issue bonds or stocks
for the first time?
Dealer market
Primary market
Secondary market
,Money market - CORRECT ANSWER - >Primary market
Which type of financial institution is a mutual fund?
Contractual institution
Depository institution
Investment institution
Federal institution - CORRECT ANSWER - >Investment
institution
Which financial institution specializes in managing and
administering retirement funds?
Investment banks
Mutual funds
Pension funds
Private equity - CORRECT ANSWER - >Pension funds
Which type of economic indicator is the consumer price index?
Leading indicator
Coincident indicator
, Forecasting indicator
Lagging indicator - CORRECT ANSWER - >Lagging indicator
What does the term ethical refer to?
The accepted standards of conduct that guide a person's
behavior
An idea or thing used as a measure, norm, or model in
comparative evaluations
One's beliefs about right and wrong, good and bad, or just and
unjust
Following the laws and rules set by an authority - CORRECT
ANSWER - >The accepted standards of conduct that guide a
person's behavior
What are the main services offered by financial institutions?
A. Soliciting charitable donations and then managing the
distribution of these funds
B. Accepting a wide variety of deposits, offering investment
products, providing loans, and brokering financial transactions
GUARANTEED PASS BRAND NEW 2025
Why is understanding the definition of finance important in
managing personal finances?
A. It helps individuals compare the costs and benefits of an
action to determine whether to take that action.
B. It helps individuals act ethically with regard to finances.
C.It helps individuals understand legal issues related to finance.
D. It allows individuals to find an investment with the highest
return possible. - CORRECT ANSWER - >A. It helps individuals
compare the costs and benefits of an action to determine
whether to take that action.
In which type of market would a company issue bonds or stocks
for the first time?
Dealer market
Primary market
Secondary market
,Money market - CORRECT ANSWER - >Primary market
Which type of financial institution is a mutual fund?
Contractual institution
Depository institution
Investment institution
Federal institution - CORRECT ANSWER - >Investment
institution
Which financial institution specializes in managing and
administering retirement funds?
Investment banks
Mutual funds
Pension funds
Private equity - CORRECT ANSWER - >Pension funds
Which type of economic indicator is the consumer price index?
Leading indicator
Coincident indicator
, Forecasting indicator
Lagging indicator - CORRECT ANSWER - >Lagging indicator
What does the term ethical refer to?
The accepted standards of conduct that guide a person's
behavior
An idea or thing used as a measure, norm, or model in
comparative evaluations
One's beliefs about right and wrong, good and bad, or just and
unjust
Following the laws and rules set by an authority - CORRECT
ANSWER - >The accepted standards of conduct that guide a
person's behavior
What are the main services offered by financial institutions?
A. Soliciting charitable donations and then managing the
distribution of these funds
B. Accepting a wide variety of deposits, offering investment
products, providing loans, and brokering financial transactions
