WGU D076 EXAM|| FINANCE SKILLS FOR MANAGERS−MASTER TEST
QUESTIONS REVIEW|| 100% VERIFIED QUESTIONS WITH DETAILED
SOLUTIONS || GRADE A (2024−2025) LATEST
Q: Which Area Of Finance Deals With Sources Of Funding And The Capital Structure Of Corporations
And Seeks To Increase The Value Of A Firm To Its Owners?
A) Real Estate
B) Financial Institutions
C) Investments
D) Business Finance
Correct! Business Finance Is The Area Of Finance That Deals With Uses And Sources Of Funding To
Increase The Value Of The Firm.
ANSWER>>>D) Business Finance
FEEDBACK: Business Finance Is The Area Of Finance That Deals With Uses And Sources Of Funding To
Increase The Value Of The Firm.
Q: What Is The Primary Difference Between Finance And Accounting?
A) Finance Provides Financial Data To Decision Makers, And Accounting Involves Making Decisions Using
That Data.
B) Accounting Involves Investing And Forecasting, While Finance Summarizes A Company's Financial
Information.
,C) Finance Focuses On The Future, While Accounting Is Generally Backward-Looking.
D) Accounting Focuses On The Future, While Finance Is Generally Backward-Looking.
ANSWER>>>C) Finance Focuses On The Future, While Accounting Is Generally Backward-Looking.
FEEDBACK: - Finance Is The Management And Allocation Of Capital With The Objectives Of Investing,
Forecasting, Budgeting, Saving, Lending, And Borrowing.
Q: Which Subspecialty Of Finance Primarily Involves Deciding Which Assets Will Create More Wealth
And Earn Positive Returns?
A) Capital Structure
B) Financial Institutions
C) Investments
D) Accounting
ANSWER>>>C) Investments
FEEDBACK: - Investments Is The Area Of Finance That Seeks To Create Wealth In The Future By Deciding
Where To Allocate Money.
Q: What Is The Primary Goal Of The Financial Manager Of A Firm?
A) To Minimize The Costs Of The Firm
,B) To Maximize Owner Wealth
C) To Minimize The Asset Holdings Of The Firm
D) To Maximize The Manager's Utility
ANSWER>>>B) To Maximize Owner Wealth
FEEDBACK: The Financial Manager Should Make Decisions Based On The Primary Goal Of Maximizing
Owner Wealth.
Q: What Is The Primary Aim Of Personal Finance Goals?
A) To Create More Wealth And Returns On Investments
B) To Increase Consumption Of Goods And Services
C) To Maximize Shareholders' Utility By Increasing A Firm's Value
D) To Maximize Satisfaction From Products Purchased And Services Obtained
Correct! The Objective Of Personal Financial Goals Is To Maximize One's Utility.
ANSWER>>>D) To Maximize Satisfaction From Products Purchased And Services Obtained
FEEDBACK: - The Objective Of Personal Financial Goals Is To Maximize One's Utility.
Q: Which Task Does A Financial Manager Perform When Choosing To Obtain A Loan To Purchase A
Piece Of Equipment For A New Project?
A) Making Inventory Control Decisions
, B) Making Investment Decisions
C) Making Credit Standard Decisions
D) Making Financing Decisions
ANSWER>>>D) Making Financing Decisions
FEEDBACK: - The Manager Is Deciding Where To Get The Funds To Support A New Project, Which Means
The Manager Is Making A Financing Decision.
Q: Which Financial Career Focuses On Investing Capital Into Firms Whose Shares Are Not Currently Sold
On Any Public Stock Exchange?
A) Corporate Finance
B) Financial Planning
C) Insurance
D) Private Equity
ANSWER>>>D) Private Equity
FEEDBACK: - Private Equity Deals With Investments In Firms That Are Privately Held And Whose
Ownership Is Not Yet Bought Or Sold On Any Public Stock Exchange.
Q: Which Task Does A Financial Manager Perform When Assessing The Costs And Benefits Of Potential
Projects?
QUESTIONS REVIEW|| 100% VERIFIED QUESTIONS WITH DETAILED
SOLUTIONS || GRADE A (2024−2025) LATEST
Q: Which Area Of Finance Deals With Sources Of Funding And The Capital Structure Of Corporations
And Seeks To Increase The Value Of A Firm To Its Owners?
A) Real Estate
B) Financial Institutions
C) Investments
D) Business Finance
Correct! Business Finance Is The Area Of Finance That Deals With Uses And Sources Of Funding To
Increase The Value Of The Firm.
ANSWER>>>D) Business Finance
FEEDBACK: Business Finance Is The Area Of Finance That Deals With Uses And Sources Of Funding To
Increase The Value Of The Firm.
Q: What Is The Primary Difference Between Finance And Accounting?
A) Finance Provides Financial Data To Decision Makers, And Accounting Involves Making Decisions Using
That Data.
B) Accounting Involves Investing And Forecasting, While Finance Summarizes A Company's Financial
Information.
,C) Finance Focuses On The Future, While Accounting Is Generally Backward-Looking.
D) Accounting Focuses On The Future, While Finance Is Generally Backward-Looking.
ANSWER>>>C) Finance Focuses On The Future, While Accounting Is Generally Backward-Looking.
FEEDBACK: - Finance Is The Management And Allocation Of Capital With The Objectives Of Investing,
Forecasting, Budgeting, Saving, Lending, And Borrowing.
Q: Which Subspecialty Of Finance Primarily Involves Deciding Which Assets Will Create More Wealth
And Earn Positive Returns?
A) Capital Structure
B) Financial Institutions
C) Investments
D) Accounting
ANSWER>>>C) Investments
FEEDBACK: - Investments Is The Area Of Finance That Seeks To Create Wealth In The Future By Deciding
Where To Allocate Money.
Q: What Is The Primary Goal Of The Financial Manager Of A Firm?
A) To Minimize The Costs Of The Firm
,B) To Maximize Owner Wealth
C) To Minimize The Asset Holdings Of The Firm
D) To Maximize The Manager's Utility
ANSWER>>>B) To Maximize Owner Wealth
FEEDBACK: The Financial Manager Should Make Decisions Based On The Primary Goal Of Maximizing
Owner Wealth.
Q: What Is The Primary Aim Of Personal Finance Goals?
A) To Create More Wealth And Returns On Investments
B) To Increase Consumption Of Goods And Services
C) To Maximize Shareholders' Utility By Increasing A Firm's Value
D) To Maximize Satisfaction From Products Purchased And Services Obtained
Correct! The Objective Of Personal Financial Goals Is To Maximize One's Utility.
ANSWER>>>D) To Maximize Satisfaction From Products Purchased And Services Obtained
FEEDBACK: - The Objective Of Personal Financial Goals Is To Maximize One's Utility.
Q: Which Task Does A Financial Manager Perform When Choosing To Obtain A Loan To Purchase A
Piece Of Equipment For A New Project?
A) Making Inventory Control Decisions
, B) Making Investment Decisions
C) Making Credit Standard Decisions
D) Making Financing Decisions
ANSWER>>>D) Making Financing Decisions
FEEDBACK: - The Manager Is Deciding Where To Get The Funds To Support A New Project, Which Means
The Manager Is Making A Financing Decision.
Q: Which Financial Career Focuses On Investing Capital Into Firms Whose Shares Are Not Currently Sold
On Any Public Stock Exchange?
A) Corporate Finance
B) Financial Planning
C) Insurance
D) Private Equity
ANSWER>>>D) Private Equity
FEEDBACK: - Private Equity Deals With Investments In Firms That Are Privately Held And Whose
Ownership Is Not Yet Bought Or Sold On Any Public Stock Exchange.
Q: Which Task Does A Financial Manager Perform When Assessing The Costs And Benefits Of Potential
Projects?
