|
WGUC214 |
OA
|
Financial
Management
|
Exam
|
Questions
|
and Answers
| |
, WGU C214 OA Financial Management Exam
| | | | |
Questions and Answers
| | |
1. The |stock |price |of |a |company |increases |and |the |market |is |deemed |efficient. |What |assumption |can |be |made?A. |A
|new, |patented, |product |was |introduced |to |the |market.
B. New |machinery |was |purchased |with |a |useful |life |of |20 |years.
C. Management |is |optimizing |its |resources |and |operating |efficiently.
D. Management |hired |new |employees |and |invested |in |a |training |program.
2. Which |statement |is |true |about |how |the |global |market |affects |the |U.S.
A. A |bad |options |trade |executed |by |a |foreign |subsidiary |of |a |Wall |Street |bank |will |affect |layoffs |overseas.
B. A |Bad |derivatives |trade |executed |by |a |foreign |subsidiary |of |a |Wall |Street |bank |will |affect |layoffs |overseas.
C. American |investors |and |fund |managers |make |decisions |based |on |financial |reporting |standards |developed |and
|financial |statements |audited |overseas.
D. Foreign |investors |and |fund |managers |make |decisions |based |on |financial |reporting |standards |developed |and
|financial |statements |audited |overseas.
3. What |are |secondary |markets?
A. Markets |where |securities |are |traded |subsequent |to |the |initial |offering.
B. Markets |were |securities |are |issued |for |the |first |time.
C. Markets |were |securities |are |issued |through |a |competitive |sale.
D. Markets |where |securities |are |issued |through |a |negotiated |sale.
4. A |special |interest |group |in |the |U.S. |has |been |lobbying |intensely |for |protectionism |through |increased |tariffs |and
|trade |restrictions, |with |the |argument |that |it |will |save |jobs |in |the |industry |they |represent. |What |is |the |most |likely
|result |if |they |are |successful?
A. Employees |and |shareholders |of |the |domestic |industry |that |produce |the |protective |goods |will |be |hurt |and |the
|nation |will |benefit.
B. The |overall |economy |will |benefit |from |trade |restrictions |and |tariffs.
C. Removing |the |trade |restrictions |and |tariffs |will |result |in |a |net |economic |loss |to |the |overall |U.S. |economy.
D. Employees |and |shareholders |of |the |domestic |industry |that |produce |the |protected |goods |will |benefit |and |the
|nation |will |be |hurt.
5. What |do |the |content |and |structure |of |a |balance |sheet |report?
The |assets |, |liabilities |, |and |equity |at |a |point |in |time
6. What |is |the |basis |used |to |compute |a |company's |income |tax |expense?
A. Pretax |accounting |income.
B. Taxable |income.
C. Net |operating |income.
WGUC214 |
OA
|
Financial
Management
|
Exam
|
Questions
|
and Answers
| |
, WGU C214 OA Financial Management Exam
| | | | |
Questions and Answers
| | |
1. The |stock |price |of |a |company |increases |and |the |market |is |deemed |efficient. |What |assumption |can |be |made?A. |A
|new, |patented, |product |was |introduced |to |the |market.
B. New |machinery |was |purchased |with |a |useful |life |of |20 |years.
C. Management |is |optimizing |its |resources |and |operating |efficiently.
D. Management |hired |new |employees |and |invested |in |a |training |program.
2. Which |statement |is |true |about |how |the |global |market |affects |the |U.S.
A. A |bad |options |trade |executed |by |a |foreign |subsidiary |of |a |Wall |Street |bank |will |affect |layoffs |overseas.
B. A |Bad |derivatives |trade |executed |by |a |foreign |subsidiary |of |a |Wall |Street |bank |will |affect |layoffs |overseas.
C. American |investors |and |fund |managers |make |decisions |based |on |financial |reporting |standards |developed |and
|financial |statements |audited |overseas.
D. Foreign |investors |and |fund |managers |make |decisions |based |on |financial |reporting |standards |developed |and
|financial |statements |audited |overseas.
3. What |are |secondary |markets?
A. Markets |where |securities |are |traded |subsequent |to |the |initial |offering.
B. Markets |were |securities |are |issued |for |the |first |time.
C. Markets |were |securities |are |issued |through |a |competitive |sale.
D. Markets |where |securities |are |issued |through |a |negotiated |sale.
4. A |special |interest |group |in |the |U.S. |has |been |lobbying |intensely |for |protectionism |through |increased |tariffs |and
|trade |restrictions, |with |the |argument |that |it |will |save |jobs |in |the |industry |they |represent. |What |is |the |most |likely
|result |if |they |are |successful?
A. Employees |and |shareholders |of |the |domestic |industry |that |produce |the |protective |goods |will |be |hurt |and |the
|nation |will |benefit.
B. The |overall |economy |will |benefit |from |trade |restrictions |and |tariffs.
C. Removing |the |trade |restrictions |and |tariffs |will |result |in |a |net |economic |loss |to |the |overall |U.S. |economy.
D. Employees |and |shareholders |of |the |domestic |industry |that |produce |the |protected |goods |will |benefit |and |the
|nation |will |be |hurt.
5. What |do |the |content |and |structure |of |a |balance |sheet |report?
The |assets |, |liabilities |, |and |equity |at |a |point |in |time
6. What |is |the |basis |used |to |compute |a |company's |income |tax |expense?
A. Pretax |accounting |income.
B. Taxable |income.
C. Net |operating |income.
