WGU C214 Financial Mgmt Pass the OA 2026 || Most
Recent Exam 2026-2027 Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success!! Newest
Exam | Just Released!!
How do we compute future levels of spontaneous accounts -
ANSWER-multiply
projected levels of sales by historical
percent of sales
NOTE: compare by utilizing previous sales
percentages
The formula for a preferred stock word problem is - ANSWER-
dividend rate /
discount
rate
NOTE: leave out the PAR value ($1000) provided in
the problem
The formula for a perpetual annuity with "growth" in the
problem is - ANSWER-
PV = payment * (interest rate -
growth rate)
,If problem has BEGINNING - ANSWER-change calculator to
BEGIN mode
Hedging strategies - ANSWER-minimize differences and
reduce exposure of
gains and losses due to the international
business climate
The result of imports and exports are - ANSWER-imports to
the US become
cheaper to US consumers while exports become more
expensive to foreign
consumers
A collection float can be specifically defined as - ANSWER-the
time it takes for
a firm to be able to use the payments from
customers
All firms wishing to make an IPO for non accredited investors -
ANSWER-must
file public disclosure to
the SEC
What is NOT part of the Sarbanes Oxley ACT - ANSWER-
assigning a specific
accounting firm to audit a
company
, Which ACT instituted in an effort to help prevent bank runs -
ANSWER-Federal
Reserve ACT of 1913 prevents
bank runs
NOTE: a bank run is when the public runs to withdraw
their money
How is operating balance is different than reserve balance –
ANSWER-operating balance includes cash held to pay
immediate bills like A/P and reserve balance is cash held for
unforeseen circumstances
Which committee was created from the Dodd Frank ACT -
ANSWER-Financial
Stability Oversight Council
(FSOC)
NOTE: Dodd Frank ACT was established to prevent banks from
becoming too
big to fail; a council was assigned to carry out the objectives
within the ACT
Which ACT limited types of products a consumer bank could
offer or hold, creating a wall between community banks and
investment banks – ANSWER-Glass-Steagall Banking ACT of
1933
NOTE: think a "glass wall"
Which ACT loosened the regulations on types of products
banks could offer -
Recent Exam 2026-2027 Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success!! Newest
Exam | Just Released!!
How do we compute future levels of spontaneous accounts -
ANSWER-multiply
projected levels of sales by historical
percent of sales
NOTE: compare by utilizing previous sales
percentages
The formula for a preferred stock word problem is - ANSWER-
dividend rate /
discount
rate
NOTE: leave out the PAR value ($1000) provided in
the problem
The formula for a perpetual annuity with "growth" in the
problem is - ANSWER-
PV = payment * (interest rate -
growth rate)
,If problem has BEGINNING - ANSWER-change calculator to
BEGIN mode
Hedging strategies - ANSWER-minimize differences and
reduce exposure of
gains and losses due to the international
business climate
The result of imports and exports are - ANSWER-imports to
the US become
cheaper to US consumers while exports become more
expensive to foreign
consumers
A collection float can be specifically defined as - ANSWER-the
time it takes for
a firm to be able to use the payments from
customers
All firms wishing to make an IPO for non accredited investors -
ANSWER-must
file public disclosure to
the SEC
What is NOT part of the Sarbanes Oxley ACT - ANSWER-
assigning a specific
accounting firm to audit a
company
, Which ACT instituted in an effort to help prevent bank runs -
ANSWER-Federal
Reserve ACT of 1913 prevents
bank runs
NOTE: a bank run is when the public runs to withdraw
their money
How is operating balance is different than reserve balance –
ANSWER-operating balance includes cash held to pay
immediate bills like A/P and reserve balance is cash held for
unforeseen circumstances
Which committee was created from the Dodd Frank ACT -
ANSWER-Financial
Stability Oversight Council
(FSOC)
NOTE: Dodd Frank ACT was established to prevent banks from
becoming too
big to fail; a council was assigned to carry out the objectives
within the ACT
Which ACT limited types of products a consumer bank could
offer or hold, creating a wall between community banks and
investment banks – ANSWER-Glass-Steagall Banking ACT of
1933
NOTE: think a "glass wall"
Which ACT loosened the regulations on types of products
banks could offer -
