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D076 Finance Skills for Managers WGU Question and answers already passed 2025/2026

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D076 Finance Skills for Managers WGU Question and answers already passed 2025/2026

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D076 Finance Skills for Managers WGU Question and
answers already passed 2025/2026
1 Study is
What online at
the study of how we allocate our assets over time in a
. finance? risky world. (Future focuses)

2 What is System of recording, reporting, and summarizing past
. accounting? financial informa-tion and transactions.

3. What is Capital? money or wealth used to invest in business or enterprise.
4. The 3 areas of Finance corporate finance, investments, institutions

5. Business Finance An area of finance that deals with sources of funding, the capital
structure
of corporations, the actions that managers take to increase the
value of the firm to its owners, and the tools and analysis used to
allocate financial resources.

6. Investments the action or process of investing money for profit or material result.
7. Asset Pricing The process of valuing assets.

8. What is the prima- To maximize satisfaction from products purchased and services
ry aim of personal
fi-nances goals? obtained.

9. Utility Ability or capacity of a good or service to be useful and give
satisfaction to someone.

10. What is the goal of the to maximize the wealth of the owners, the stockholders
financial manager?

11. Publicly traded firms Firms that have issued shares to the public.

12. Privately held Firms that have not issued shares to the public where the
compa-nies
ownership rights are privately held.

13.


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14

, D076 Finance Skills for Managers WGU

What main tasks a
fi-nancial manager Making investment decisions, making financial decisions, and
of a firm does in managing working capital.
order to achieve the
goal of the firm?

14. Research
Develop-ment
The business function responsible for improving and developing
15. Making Financing
De-cisions for services and products.
invest-ments
If the investments are large, the firm may need to issue new
stocks(equity) or new bonds(debt) to raise capital to finance
them.

16. Corporate Finance The finance function within a business. One of the three main areas
of
finance.

17. Financial Analysis Evaluating an organization's financial statements to determine the
prof-
itability of the organization, a division within the organization or a
specific event or project.

18. Cash Management Managing the day-to-day finance operations of a firm.
19. Tax Strategies Methods used to minimize the amount of taxes a business pays.

20. Financial Policy Incorporating new finance ideas within a firm.
Imple-mentation

21. Private equity (PE) A general term that includes angel investors, venture capitalists, and
takeover firms.

22. venture capitalists Individuals or companies that invest in new businesses in exchange
for
partial ownership of those businesses.
2/
14

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