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WGU D076 OBJECTIVE ASSESSMENT
FINAL EXAM 2 LATEST VERSIONS
(VERSION A AND B) 2024-2025 ACTUAL
EXAM Questions and Correct Answers/
Latest Update / Already Graded
What area of finance involves deciding which assets to invest in to
create wealth in the future?
Ans: Investments
Hannah is the financial manager of a firm. A project that she has
recommended has been approved and will cost $5 million. Since the
company does not have enough cash on reserve, Hannah must
figure out how to raise enough money to start the project. She can
choose whether to issue new bonds, new stocks, a mortgage loan,
or some combination of those options. What task is Hannah
performing in this scenario?
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Ans: Making a financing decision - Since the project has already been
approved, Hannah is trying to find a way to finance the investment and
considering its capital structure.
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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?
Ans: To maximize individual utility -While everyone has different personal
financial goals, the objectives of such goals is to maximize individual utility.
Which professional works with individuals to help them achieve their
financial goals?
Ans: Financial planner - Professional financial planners work with
individuals to help them achieve their financial goals.
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Omar is about to purchase a new car for $30,000. He knows he
wants to buy the car, but he is still trying to decide how to pay for it.
He has barely over $30,000 in his bank account. He can either take
out an auto loan from a bank or use a mix of cash and an auto loan.
Ans: Financing a goal - He has already made a decision to purchase the
car and is now deciding on financing options.
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?
Ans: Business finance - Business finance is the area of finance that deals
with uses and sources of funding to increase the value of the firm.
What is the primary difference between finance and accounting?
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Ans: Finance focuses on the future, while accounting is generally
backward-looking. - finance is the management and allocation of capital
with the objectives of investing, forecasting, budgeting, saving, lending,
and borrowing.
Which subspecialty of finance primarily involves deciding which
assets will create more wealth and earn positive returns?
Ans: Investments - investments is the area of finance that seeks to create
wealth in the future by deciding where to allocate money
What is the primary goal of the financial manager of a firm?
Ans: To maximize owner wealth - The financial manager should make
decisions based on the primary goal of maximizing owner wealth.
What should be the main question a firm asks when considering any
investment decision?
WGU D076 OBJECTIVE ASSESSMENT
FINAL EXAM 2 LATEST VERSIONS
(VERSION A AND B) 2024-2025 ACTUAL
EXAM Questions and Correct Answers/
Latest Update / Already Graded
What area of finance involves deciding which assets to invest in to
create wealth in the future?
Ans: Investments
Hannah is the financial manager of a firm. A project that she has
recommended has been approved and will cost $5 million. Since the
company does not have enough cash on reserve, Hannah must
figure out how to raise enough money to start the project. She can
choose whether to issue new bonds, new stocks, a mortgage loan,
or some combination of those options. What task is Hannah
performing in this scenario?
,2|Page
Ans: Making a financing decision - Since the project has already been
approved, Hannah is trying to find a way to finance the investment and
considering its capital structure.
0/1
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?
Ans: To maximize individual utility -While everyone has different personal
financial goals, the objectives of such goals is to maximize individual utility.
Which professional works with individuals to help them achieve their
financial goals?
Ans: Financial planner - Professional financial planners work with
individuals to help them achieve their financial goals.
1/1
,3|Page
Omar is about to purchase a new car for $30,000. He knows he
wants to buy the car, but he is still trying to decide how to pay for it.
He has barely over $30,000 in his bank account. He can either take
out an auto loan from a bank or use a mix of cash and an auto loan.
Ans: Financing a goal - He has already made a decision to purchase the
car and is now deciding on financing options.
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?
Ans: Business finance - Business finance is the area of finance that deals
with uses and sources of funding to increase the value of the firm.
What is the primary difference between finance and accounting?
, 4|Page
Ans: Finance focuses on the future, while accounting is generally
backward-looking. - finance is the management and allocation of capital
with the objectives of investing, forecasting, budgeting, saving, lending,
and borrowing.
Which subspecialty of finance primarily involves deciding which
assets will create more wealth and earn positive returns?
Ans: Investments - investments is the area of finance that seeks to create
wealth in the future by deciding where to allocate money
What is the primary goal of the financial manager of a firm?
Ans: To maximize owner wealth - The financial manager should make
decisions based on the primary goal of maximizing owner wealth.
What should be the main question a firm asks when considering any
investment decision?
