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WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR
MANAGERS EXAM LATEST 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED
ANSWERS) |ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
The system of rules, practices, and processes by which a firm is
directed and controlled.Go To - ANSWER-Corporate Governance
The measure of the relationship between two variables that move
in relation to each other.Go To - ANSWER-Correlation
The cost to a firm to use an investor's capital; see interest rate.Go
To - ANSWER-Cost of Capital
The stated interest rate of a bond; also known as coupon yield.Go
To - ANSWER-Coupon Rate
The stated interest rate of a bond; also known as coupon rate.Go
To - ANSWER-Coupon Yield
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Statements in a bond indenture that outline things the company
will obligate itself to do or not do in order to protect
bondholders.Go To - ANSWER-Covenants
A commercial bank position with the responsibility to assess the
riskiness of lending to borrowers and determining whether or not
loans should be extended to potential bank clients.Go To -
ANSWER-Credit Analysts
Comparing a firm's financial ratios to other firms' ratios or industry
averages.Go To - ANSWER-Cross-sectional Analysis
A feature of preferred stock specifying that if a company skips
payment of a preferred stock dividend one year, it is still required
to pay that dividend sometime in the future before paying any
common dividends.Go To - ANSWER-Cumulative
What someone would pay right now for an asset.Go To -
ANSWER-Current Market Value
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A liquidity ratio found by current assets divided by current
liabilities.Go To - ANSWER-Current Ratio
A secondary market made up of multiple dealers that hold an
inventory of securities and quote prices.Go To - ANSWER-Dealer
Market
A financing ratio found by total liabilities divided by total assets.Go
To - ANSWER-Debt Ratio
A financing ratios found by total liabilities divided by total
equity.Go To - ANSWER-Debt-to-equity Ratio
Failure to meet a debt obligation.Go To - ANSWER-Default
The probability of a loss resulting from a borrower's failure to
repay a contractual obligation; also called credit risk.Go To -
ANSWER-Default Risk
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Companies or securities with beta less than 1.Go To - ANSWER-
Defensive Assets
A bond whose price is below its par value.Go To - ANSWER-
Discount Bond
The name for interest rate when used in time value of money
calculations.Go To - ANSWER-Discount Rate
Finding a present value given a future value.Go To - ANSWER-
Discounting
Accounts that do not vary automatically with sales but are left to
the discretion of management.Go To - ANSWER-Discretionary
Accounts
The additional financing needed given a firm's expectations for
future growth.Go To - ANSWER-Discretionary Financing Needed
(DFN)
WGU D076 OBJECTIVE ASSESSMENT FINANCE SKILLS FOR
MANAGERS EXAM LATEST 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED
ANSWERS) |ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
The system of rules, practices, and processes by which a firm is
directed and controlled.Go To - ANSWER-Corporate Governance
The measure of the relationship between two variables that move
in relation to each other.Go To - ANSWER-Correlation
The cost to a firm to use an investor's capital; see interest rate.Go
To - ANSWER-Cost of Capital
The stated interest rate of a bond; also known as coupon yield.Go
To - ANSWER-Coupon Rate
The stated interest rate of a bond; also known as coupon rate.Go
To - ANSWER-Coupon Yield
,2|Page
Statements in a bond indenture that outline things the company
will obligate itself to do or not do in order to protect
bondholders.Go To - ANSWER-Covenants
A commercial bank position with the responsibility to assess the
riskiness of lending to borrowers and determining whether or not
loans should be extended to potential bank clients.Go To -
ANSWER-Credit Analysts
Comparing a firm's financial ratios to other firms' ratios or industry
averages.Go To - ANSWER-Cross-sectional Analysis
A feature of preferred stock specifying that if a company skips
payment of a preferred stock dividend one year, it is still required
to pay that dividend sometime in the future before paying any
common dividends.Go To - ANSWER-Cumulative
What someone would pay right now for an asset.Go To -
ANSWER-Current Market Value
,3|Page
A liquidity ratio found by current assets divided by current
liabilities.Go To - ANSWER-Current Ratio
A secondary market made up of multiple dealers that hold an
inventory of securities and quote prices.Go To - ANSWER-Dealer
Market
A financing ratio found by total liabilities divided by total assets.Go
To - ANSWER-Debt Ratio
A financing ratios found by total liabilities divided by total
equity.Go To - ANSWER-Debt-to-equity Ratio
Failure to meet a debt obligation.Go To - ANSWER-Default
The probability of a loss resulting from a borrower's failure to
repay a contractual obligation; also called credit risk.Go To -
ANSWER-Default Risk
, 4|Page
Companies or securities with beta less than 1.Go To - ANSWER-
Defensive Assets
A bond whose price is below its par value.Go To - ANSWER-
Discount Bond
The name for interest rate when used in time value of money
calculations.Go To - ANSWER-Discount Rate
Finding a present value given a future value.Go To - ANSWER-
Discounting
Accounts that do not vary automatically with sales but are left to
the discretion of management.Go To - ANSWER-Discretionary
Accounts
The additional financing needed given a firm's expectations for
future growth.Go To - ANSWER-Discretionary Financing Needed
(DFN)
