WGU D775 - LATEST
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
Which market is an example of an auction market?
New York Stock Exchange
Pink sheets market
Foreign exchange market
Commodities market
New York Stock Exchange
What is the primary function of the Securities and Exchange
Commission (SEC)?
To regulate securities markets and protect investors
To facilitate trading of commodities
To manage corporate mergers
To issue government bonds
To regulate securities markets and protect investors
What is the primary focus of the Commodity Futures Trading
Commission (CFTC)?
Overseeing futures and options markets
Regulating stock exchanges
END OF
PAGE
1
, WGU D775 - LATEST
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
Providing financial advice to investors
Managing public debt
Overseeing futures and options markets
Which role do insurance companies play in the financial system?
Issuing new securities to raise equity capital
Managing mutual funds for lifetime retirement payouts
Providing loans to businesses for capital acquisition
Underwriting policies to protect against risks
Underwriting policies to protect against risks
How do insurance companies generate income?
By collecting premiums and investing these funds
By accepting deposits and loaning them out at higher rates
By underwriting new security issues for initial public offers
By providing health benefits in an aggregated portfolio
By collecting premiums and investing these funds
What is a key characteristic of private equity raising?
END OF
PAGE
2
, WGU D775 - LATEST
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
It involves securing funds from private investors like venture
capitalists.
It involves significant regulatory requirements through the federal
government.
It provides insurance against business risks through hedge fund
strategies.
It is accessible to the general public like individual and family
investors.
It involves securing funds from private investors like venture capitalists.
What does legal compliance ensure in finance?
It ensures adherence to laws and regulations.
It ensures that all financial decisions are ethical.
It ensures the company is maximizing short-term profits.
It ensures firms can avoid stakeholder interests.
It ensures adherence to laws and regulations.
What is corporate social responsibility (CSR)?
The obligation to contribute positively to society
END OF
PAGE
3
, WGU D775 - LATEST
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
The focus on short-term profits to promote all stakeholders
The program to increase social well-being of citizens
The goal to maximize shareholder value through government
programs
The obligation to contribute positively to society
Which principle should guide business professionals in ethical
dilemmas?
Upholding honesty, fairness, and accountability
Maximizing short-term profits for the benefit of all
Following the law so the firm is ethically responsible
Honoring international customs, allowing a firm to be in the clear
Upholding honesty, fairness, and accountability
What is the time orientation of financial decision-making in business
finance?
Future projections and planning
END OF
PAGE
4
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
Which market is an example of an auction market?
New York Stock Exchange
Pink sheets market
Foreign exchange market
Commodities market
New York Stock Exchange
What is the primary function of the Securities and Exchange
Commission (SEC)?
To regulate securities markets and protect investors
To facilitate trading of commodities
To manage corporate mergers
To issue government bonds
To regulate securities markets and protect investors
What is the primary focus of the Commodity Futures Trading
Commission (CFTC)?
Overseeing futures and options markets
Regulating stock exchanges
END OF
PAGE
1
, WGU D775 - LATEST
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
Providing financial advice to investors
Managing public debt
Overseeing futures and options markets
Which role do insurance companies play in the financial system?
Issuing new securities to raise equity capital
Managing mutual funds for lifetime retirement payouts
Providing loans to businesses for capital acquisition
Underwriting policies to protect against risks
Underwriting policies to protect against risks
How do insurance companies generate income?
By collecting premiums and investing these funds
By accepting deposits and loaning them out at higher rates
By underwriting new security issues for initial public offers
By providing health benefits in an aggregated portfolio
By collecting premiums and investing these funds
What is a key characteristic of private equity raising?
END OF
PAGE
2
, WGU D775 - LATEST
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
It involves securing funds from private investors like venture
capitalists.
It involves significant regulatory requirements through the federal
government.
It provides insurance against business risks through hedge fund
strategies.
It is accessible to the general public like individual and family
investors.
It involves securing funds from private investors like venture capitalists.
What does legal compliance ensure in finance?
It ensures adherence to laws and regulations.
It ensures that all financial decisions are ethical.
It ensures the company is maximizing short-term profits.
It ensures firms can avoid stakeholder interests.
It ensures adherence to laws and regulations.
What is corporate social responsibility (CSR)?
The obligation to contribute positively to society
END OF
PAGE
3
, WGU D775 - LATEST
ASSESSMENT STUDY
GUIDE QUESTIONS AND
ANSWERS 2026 - 2027
The focus on short-term profits to promote all stakeholders
The program to increase social well-being of citizens
The goal to maximize shareholder value through government
programs
The obligation to contribute positively to society
Which principle should guide business professionals in ethical
dilemmas?
Upholding honesty, fairness, and accountability
Maximizing short-term profits for the benefit of all
Following the law so the firm is ethically responsible
Honoring international customs, allowing a firm to be in the clear
Upholding honesty, fairness, and accountability
What is the time orientation of financial decision-making in business
finance?
Future projections and planning
END OF
PAGE
4
