WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR MANAGERS NEWEST 2024 ACTUAL EXAM 300
QUESTIONS AND CORRECT DETAILED ANSWERS
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?
1. Real estate
2. Business finance
3. Financial institutions
4.Investments - (answer) Business finance
What is the primary goal of the financial manager of a firm?
1. To minimize the costs of the firm
2. To maximize the manager's utility
3. To maximize owner wealth
4.To minimize the asset holdings of the firm - (answer) To maximize owner wealth
What is the primary aim of personal finance goals?
1.To maximize shareholders' utility by increasing a firm's value
2.To create more wealth and returns on investments
3.To maximize satisfaction from products purchased and services obtained
,WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR MANAGERS NEWEST 2024 ACTUAL EXAM 300
QUESTIONS AND CORRECT DETAILED ANSWERS
4.To increase consumption of goods and services - (answer) To maximize satisfaction from products
purchased and services obtained
Which task does a financial manager perform when choosing to obtain a loan to purchase a piece of
equipment for a new project?
1.Making inventory control decisions
2.Making investment decisions
3.Making financing decisions
4.Making credit standard decisions - (answer) Making financing decisions
Which financial career focuses on investing capital into firms whose shares are not currently sold on any
public stock exchange?
1.Corporate finance
2.Private equity
3.Financial planning
4.Insurance - (answer) Private equity
Which task does a financial manager perform when assessing the costs and benefits of potential
projects?
,WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR MANAGERS NEWEST 2024 ACTUAL EXAM 300
QUESTIONS AND CORRECT DETAILED ANSWERS
1. Making financing decisions
2.Implementing financial policies
3.Managing working capital
4.Making investment decisions - (answer) Making investment decisions
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?
1. To maximize individual utility
2.To minimize personal expenses
3.To set priorities in personal finances
4.To make personal finances predictable - (answer) To maximize individual utility
What is the primary role of financial institutions?
1. To provide liquidity when trading financial assets
2. To provide financial information to the stakeholders of a business
3.To conduct financial transactions such as investments, loans, and deposits
, WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR MANAGERS NEWEST 2024 ACTUAL EXAM 300
QUESTIONS AND CORRECT DETAILED ANSWERS
4.To deal with financing, capital structuring, and investment decisions - (answer) To conduct financial
transactions such as investments, loans, and deposits
How do insurance companies pay policyholders when a claim is made?
1.They withdraw funds from their corporate savings account.
2.They use returns from stocks and bonds.
3.They raise premiums for everyone who filed a claim during the year.
4.They withdraw funds from policyholders' premium accounts. - (answer) They use returns from stocks
and bonds.
A large corporation is looking to merge with another large corporation. Which financial institution can
help them do this?
1.Pension fund
2.Private equity institution
3.Investment bank
4.Central bank - (answer) Investment bank
What would an inverted yield curve signal?
1.It may indicate that the unemployment rate is falling.
QUESTIONS AND CORRECT DETAILED ANSWERS
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?
1. Real estate
2. Business finance
3. Financial institutions
4.Investments - (answer) Business finance
What is the primary goal of the financial manager of a firm?
1. To minimize the costs of the firm
2. To maximize the manager's utility
3. To maximize owner wealth
4.To minimize the asset holdings of the firm - (answer) To maximize owner wealth
What is the primary aim of personal finance goals?
1.To maximize shareholders' utility by increasing a firm's value
2.To create more wealth and returns on investments
3.To maximize satisfaction from products purchased and services obtained
,WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR MANAGERS NEWEST 2024 ACTUAL EXAM 300
QUESTIONS AND CORRECT DETAILED ANSWERS
4.To increase consumption of goods and services - (answer) To maximize satisfaction from products
purchased and services obtained
Which task does a financial manager perform when choosing to obtain a loan to purchase a piece of
equipment for a new project?
1.Making inventory control decisions
2.Making investment decisions
3.Making financing decisions
4.Making credit standard decisions - (answer) Making financing decisions
Which financial career focuses on investing capital into firms whose shares are not currently sold on any
public stock exchange?
1.Corporate finance
2.Private equity
3.Financial planning
4.Insurance - (answer) Private equity
Which task does a financial manager perform when assessing the costs and benefits of potential
projects?
,WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR MANAGERS NEWEST 2024 ACTUAL EXAM 300
QUESTIONS AND CORRECT DETAILED ANSWERS
1. Making financing decisions
2.Implementing financial policies
3.Managing working capital
4.Making investment decisions - (answer) Making investment decisions
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?
1. To maximize individual utility
2.To minimize personal expenses
3.To set priorities in personal finances
4.To make personal finances predictable - (answer) To maximize individual utility
What is the primary role of financial institutions?
1. To provide liquidity when trading financial assets
2. To provide financial information to the stakeholders of a business
3.To conduct financial transactions such as investments, loans, and deposits
, WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR MANAGERS NEWEST 2024 ACTUAL EXAM 300
QUESTIONS AND CORRECT DETAILED ANSWERS
4.To deal with financing, capital structuring, and investment decisions - (answer) To conduct financial
transactions such as investments, loans, and deposits
How do insurance companies pay policyholders when a claim is made?
1.They withdraw funds from their corporate savings account.
2.They use returns from stocks and bonds.
3.They raise premiums for everyone who filed a claim during the year.
4.They withdraw funds from policyholders' premium accounts. - (answer) They use returns from stocks
and bonds.
A large corporation is looking to merge with another large corporation. Which financial institution can
help them do this?
1.Pension fund
2.Private equity institution
3.Investment bank
4.Central bank - (answer) Investment bank
What would an inverted yield curve signal?
1.It may indicate that the unemployment rate is falling.