©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
WGU D076 PA Exam Questions and
Answers 100% Solved
In which way is accounting different from finance?
-Accounting is backward looking, while finance is focused on the future.
-Accounting is about budgeting, saving, and borrowing, while finance is
about investing, forecasting, and lending.
-Accounting is focused on allocating capital, while finance is focused on
bringing in capital.
-Accounting forecasts future performance, given the past, while finance
records past performance. - ✔✔Accounting is backward looking, while
finance is focused on the future.
What is the main question that both individuals and companies must
consider when making financial decisions to reach a goal?
-Will utility be maximized through this decision?
-Will this decision require debt or equity financing?
-Will the benefits of the action outweigh the costs?
,©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
-Will this decrease the amount of cash available? - ✔✔Will the benefits of
the action outweigh the costs?
A financial manager at a company is trying to determine whether to issue
new stocks or new bonds to cover the costs of a project the company is
doing the next year.
Which main task in business finance is this situation an example of?
-Managing interdepartmental loans
-Making investment decisions
-Managing working capital
-Making financing decisions - ✔✔Making financing decisions
How can investing help a person reach personal financial goals?
-It provides access to potential revenue or increases in value to help meet
goals faster.
-It provides a guaranteed future outcome in order to predictably meet
financial goals.
-It ensures money is placed in a safe, risk-free, and easily accessible
financial asset.
, ©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
-It helps a person understand how money was spent previously in order to
reliably predict future expenses. - ✔✔It provides access to potential
revenue or increases in value to help meet goals faster.
A sign company is planning to have an initial public offering (IPO). In which
type of market will its stock first be sold to the public?
-Money market
-Secondary market
-Primary market
-Efficient market - ✔✔Primary Market
Which type of economic indicator changes after the economy changes and
helps identify trends in the long term?
-Leading indicator
-Yield curve indicator
-Coincident indicator
-Lagging indicator - ✔✔Lagging indicator
How does an investment institution, such as a mutual fund, facilitate the
circulation of money in the economy?
-By raising capital on a contractual basis, such as an insurance contract
WGU D076 PA Exam Questions and
Answers 100% Solved
In which way is accounting different from finance?
-Accounting is backward looking, while finance is focused on the future.
-Accounting is about budgeting, saving, and borrowing, while finance is
about investing, forecasting, and lending.
-Accounting is focused on allocating capital, while finance is focused on
bringing in capital.
-Accounting forecasts future performance, given the past, while finance
records past performance. - ✔✔Accounting is backward looking, while
finance is focused on the future.
What is the main question that both individuals and companies must
consider when making financial decisions to reach a goal?
-Will utility be maximized through this decision?
-Will this decision require debt or equity financing?
-Will the benefits of the action outweigh the costs?
,©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
-Will this decrease the amount of cash available? - ✔✔Will the benefits of
the action outweigh the costs?
A financial manager at a company is trying to determine whether to issue
new stocks or new bonds to cover the costs of a project the company is
doing the next year.
Which main task in business finance is this situation an example of?
-Managing interdepartmental loans
-Making investment decisions
-Managing working capital
-Making financing decisions - ✔✔Making financing decisions
How can investing help a person reach personal financial goals?
-It provides access to potential revenue or increases in value to help meet
goals faster.
-It provides a guaranteed future outcome in order to predictably meet
financial goals.
-It ensures money is placed in a safe, risk-free, and easily accessible
financial asset.
, ©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
-It helps a person understand how money was spent previously in order to
reliably predict future expenses. - ✔✔It provides access to potential
revenue or increases in value to help meet goals faster.
A sign company is planning to have an initial public offering (IPO). In which
type of market will its stock first be sold to the public?
-Money market
-Secondary market
-Primary market
-Efficient market - ✔✔Primary Market
Which type of economic indicator changes after the economy changes and
helps identify trends in the long term?
-Leading indicator
-Yield curve indicator
-Coincident indicator
-Lagging indicator - ✔✔Lagging indicator
How does an investment institution, such as a mutual fund, facilitate the
circulation of money in the economy?
-By raising capital on a contractual basis, such as an insurance contract
