WGU D776 FINAL PAPER EXAMPREP
COMPLETE QUESTIONS AND ANSWERS
VIEW AHEAD STUDY SHEET
◉ Finance focuses on the future, while accounting is generally
backward-looking.. Answer: What is the primary difference between
finance and accounting?
◉ Investments. Answer: Which subspecialty of finance primarily
involves deciding which assets will create more wealth and earn
positive returns?
◉ Investments. Answer: An area of finance that deals with investment
allocation and asset pricing.
◉ Financial Institutions. Answer: An area of finance that involves
organizations that accept deposits, offer investment products, loan
money, or broker financial transactions.
◉ Corporate Finance.. Answer: An area of finance that involves
activities used to increase shareholder wealth.
◉ To maximize satisfaction from products purchased and services
obtained. Answer: What is the primary aim of personal finance goals?
,◉ Do the benefits of this investment outweigh the costs?. Answer:
What should be the main question a firm asks when considering any
investment decision?
◉ To maximize owner wealth. Answer: What is the primary goal of
the financial manager of a firm?
◉ making investment decisions,
making financing decisions, and
managing working capital.. Answer: What are three main tasks that a
financial manager of a firm does in order to achieve the goal of the
firm, which is to maximize shareholder wealth?
◉ CFO, Chief Financial Officer. Answer: Who is the highest ranking
officer in corporate finance?
◉ The CFO is responsible for all the financial decisions made by the
firm. He or she serves as the CEO's right-hand person in all money
matters and oversees the financial analysis and decision-making of the
firm.. Answer: What does the CFO do?
◉ Making investment decisions. Answer: Which task does a financial
manager perform when assessing the costs and benefits of potential
projects?
,◉ Private equity. Answer: Which financial career focuses on investing
capital into firms whose shares are not currently sold on any public
stock exchange?
◉ Making financing decisions. Answer: Which task does a financial
manager perform when choosing to obtain a loan to purchase a piece
of equipment for a new project?
◉ Treasury, Corporate, and Stocks. Answer: What are the three most
important types of securities?
◉ To protect Investors. Answer: Why does the SEC oversee Financial
Markets?
◉ To provide liquidity and determine prices. Answer: What are the
purposes of financial markets?
◉ Secondary market. Answer: In which financial market are
securities such as stocks and bonds are traded after their initial
issuance?
◉ Money market. Answer: What kind of market primarily allows
institutions to borrow and lend in the short term?
◉ Primary market. Answer: A local start-up company just hit its five-
year anniversary and is planning an initial public offering sometime
, this year. In order to issue public stock, which market will the
company use?
◉ An institution that accepts and pays interest on deposits of money,
as well as extends loans. Answer: What is a depository institution?
◉ To conduct financial transactions such as investments, loans, and
deposits. Answer: What is the primary role of financial institutions?
◉ Investment bank. Answer: A large corporation is looking to merge
with another large corporation. Which financial institution can help
them do this?
◉ Pension fund. Answer: Which type of financial institution deals
mainly with providing for retirement through employers?
◉ They use returns from stocks and bonds.. Answer: How do
insurance companies pay policyholders when a claim is made?
◉ Central bank. Answer: Which financial institution ensures that a
nation's economy remains healthy by controlling the amount of
money circulating in the economy?
◉ Leading, Lagging, and coincident. Answer: What are the three
types of economic indicators?
COMPLETE QUESTIONS AND ANSWERS
VIEW AHEAD STUDY SHEET
◉ Finance focuses on the future, while accounting is generally
backward-looking.. Answer: What is the primary difference between
finance and accounting?
◉ Investments. Answer: Which subspecialty of finance primarily
involves deciding which assets will create more wealth and earn
positive returns?
◉ Investments. Answer: An area of finance that deals with investment
allocation and asset pricing.
◉ Financial Institutions. Answer: An area of finance that involves
organizations that accept deposits, offer investment products, loan
money, or broker financial transactions.
◉ Corporate Finance.. Answer: An area of finance that involves
activities used to increase shareholder wealth.
◉ To maximize satisfaction from products purchased and services
obtained. Answer: What is the primary aim of personal finance goals?
,◉ Do the benefits of this investment outweigh the costs?. Answer:
What should be the main question a firm asks when considering any
investment decision?
◉ To maximize owner wealth. Answer: What is the primary goal of
the financial manager of a firm?
◉ making investment decisions,
making financing decisions, and
managing working capital.. Answer: What are three main tasks that a
financial manager of a firm does in order to achieve the goal of the
firm, which is to maximize shareholder wealth?
◉ CFO, Chief Financial Officer. Answer: Who is the highest ranking
officer in corporate finance?
◉ The CFO is responsible for all the financial decisions made by the
firm. He or she serves as the CEO's right-hand person in all money
matters and oversees the financial analysis and decision-making of the
firm.. Answer: What does the CFO do?
◉ Making investment decisions. Answer: Which task does a financial
manager perform when assessing the costs and benefits of potential
projects?
,◉ Private equity. Answer: Which financial career focuses on investing
capital into firms whose shares are not currently sold on any public
stock exchange?
◉ Making financing decisions. Answer: Which task does a financial
manager perform when choosing to obtain a loan to purchase a piece
of equipment for a new project?
◉ Treasury, Corporate, and Stocks. Answer: What are the three most
important types of securities?
◉ To protect Investors. Answer: Why does the SEC oversee Financial
Markets?
◉ To provide liquidity and determine prices. Answer: What are the
purposes of financial markets?
◉ Secondary market. Answer: In which financial market are
securities such as stocks and bonds are traded after their initial
issuance?
◉ Money market. Answer: What kind of market primarily allows
institutions to borrow and lend in the short term?
◉ Primary market. Answer: A local start-up company just hit its five-
year anniversary and is planning an initial public offering sometime
, this year. In order to issue public stock, which market will the
company use?
◉ An institution that accepts and pays interest on deposits of money,
as well as extends loans. Answer: What is a depository institution?
◉ To conduct financial transactions such as investments, loans, and
deposits. Answer: What is the primary role of financial institutions?
◉ Investment bank. Answer: A large corporation is looking to merge
with another large corporation. Which financial institution can help
them do this?
◉ Pension fund. Answer: Which type of financial institution deals
mainly with providing for retirement through employers?
◉ They use returns from stocks and bonds.. Answer: How do
insurance companies pay policyholders when a claim is made?
◉ Central bank. Answer: Which financial institution ensures that a
nation's economy remains healthy by controlling the amount of
money circulating in the economy?
◉ Leading, Lagging, and coincident. Answer: What are the three
types of economic indicators?
