L
WGU C214
OA
Financial
Management
Exam
Questions
andAnswers
, WGUC214 OAFinancial Management Exam
Questions and Answers
1. TheLstockLpriceLofLaLcompanyLincreasesLandLtheLmarketLisLdeemedLefficient.LWhatLassumptionLcanLbeLmade?
A.LALnew,Lpatented,LproductLwasLintroducedLtoLtheLmarket.
B. NewLmachineryLwasLpurchasedLwithLaLusefulLlifeLofL20Lyears.
C. ManagementLisLoptimizingLitsLresourcesLandLoperatingLefficiently.
D. ManagementLhiredLnewLemployeesLandLinvestedLinLaLtrainingLprogram.
2. WhichLstatementLisLtrueLaboutLhowLtheLglobalLmarketLaffectsLtheLU.S.
A. ALbadLoptionsLtradeLexecutedLbyLaLforeignLsubsidiaryLofLaLWallLStreetLbankLwillLaffectLlayoffsLoverseas.
B. ALBadLderivativesLtradeLexecutedLbyLaLforeignLsubsidiaryLofLaLWallLStreetLbankLwillLaffectLlayoffsLoverseas.
C. AmericanLinvestorsLandLfundLmanagersLmakeLdecisionsLbasedLonLfinancialLreportingLstandardsLdevelopedLan
dLfinancialLstatementsLauditedLoverseas.
D. ForeignLinvestorsLandLfundLmanagersLmakeLdecisionsLbasedLonLfinancialLreportingLstandardsLdevelopedLan
dLfinancialLstatementsLauditedLoverseas.
3. WhatLareLsecondaryLmarkets?
A. MarketsLwhereLsecuritiesLareLtradedLsubsequentLtoLtheLinitialLoffering.
B. MarketsLwereLsecuritiesLareLissuedLforLtheLfirstLtime.
C. MarketsLwereLsecuritiesLareLissuedLthroughLaLcompetitiveLsale.
D. MarketsLwhereLsecuritiesLareLissuedLthroughLaLnegotiatedLsale.
4. ALspecialLinterestLgroupLinLtheLU.S.LhasLbeenLlobbyingLintenselyLforLprotectionismLthroughLincreasedLtariffsLand
LtradeLrestrictions,LwithLtheLargumentLthatLitLwillLsaveLjobsLinLtheLindustryLtheyLrepresent.LWhatLisLtheLmostLlikel
yLresultLifLtheyLareLsuccessful?
A. EmployeesLandLshareholdersLofLtheLdomesticLindustryLthatLproduceLtheLprotectiveLgoodsLwillLbeLhurtLandLth
eLnationLwillLbenefit.
B. TheLoverallLeconomyLwillLbenefitLfromLtradeLrestrictionsLandLtariffs.
C. RemovingLtheLtradeLrestrictionsLandLtariffsLwillLresultLinLaLnetLeconomicLlossLtoLtheLoverallLU.S.Leconomy.
D. EmployeesLandLshareholdersLofLtheLdomesticLindustryLthatLproduceLtheLprotectedLgoodsLwillLbenefitLandLth
eLnationLwillLbeLhurt.
5. WhatLdoLtheLcontentLandLstructureLofLaLbalanceLsheetLreport?
TheLassetsL,LliabilitiesL,LandLequityLatLaLpointLinLtime
6. WhatLisLtheLbasisLusedLtoLcomputeLaLcompany'sLincomeLtaxLexpense?
A. PretaxLaccountingLincome.
B. TaxableLincome.
C. NetLoperatingLincome.
WGU C214
OA
Financial
Management
Exam
Questions
andAnswers
, WGUC214 OAFinancial Management Exam
Questions and Answers
1. TheLstockLpriceLofLaLcompanyLincreasesLandLtheLmarketLisLdeemedLefficient.LWhatLassumptionLcanLbeLmade?
A.LALnew,Lpatented,LproductLwasLintroducedLtoLtheLmarket.
B. NewLmachineryLwasLpurchasedLwithLaLusefulLlifeLofL20Lyears.
C. ManagementLisLoptimizingLitsLresourcesLandLoperatingLefficiently.
D. ManagementLhiredLnewLemployeesLandLinvestedLinLaLtrainingLprogram.
2. WhichLstatementLisLtrueLaboutLhowLtheLglobalLmarketLaffectsLtheLU.S.
A. ALbadLoptionsLtradeLexecutedLbyLaLforeignLsubsidiaryLofLaLWallLStreetLbankLwillLaffectLlayoffsLoverseas.
B. ALBadLderivativesLtradeLexecutedLbyLaLforeignLsubsidiaryLofLaLWallLStreetLbankLwillLaffectLlayoffsLoverseas.
C. AmericanLinvestorsLandLfundLmanagersLmakeLdecisionsLbasedLonLfinancialLreportingLstandardsLdevelopedLan
dLfinancialLstatementsLauditedLoverseas.
D. ForeignLinvestorsLandLfundLmanagersLmakeLdecisionsLbasedLonLfinancialLreportingLstandardsLdevelopedLan
dLfinancialLstatementsLauditedLoverseas.
3. WhatLareLsecondaryLmarkets?
A. MarketsLwhereLsecuritiesLareLtradedLsubsequentLtoLtheLinitialLoffering.
B. MarketsLwereLsecuritiesLareLissuedLforLtheLfirstLtime.
C. MarketsLwereLsecuritiesLareLissuedLthroughLaLcompetitiveLsale.
D. MarketsLwhereLsecuritiesLareLissuedLthroughLaLnegotiatedLsale.
4. ALspecialLinterestLgroupLinLtheLU.S.LhasLbeenLlobbyingLintenselyLforLprotectionismLthroughLincreasedLtariffsLand
LtradeLrestrictions,LwithLtheLargumentLthatLitLwillLsaveLjobsLinLtheLindustryLtheyLrepresent.LWhatLisLtheLmostLlikel
yLresultLifLtheyLareLsuccessful?
A. EmployeesLandLshareholdersLofLtheLdomesticLindustryLthatLproduceLtheLprotectiveLgoodsLwillLbeLhurtLandLth
eLnationLwillLbenefit.
B. TheLoverallLeconomyLwillLbenefitLfromLtradeLrestrictionsLandLtariffs.
C. RemovingLtheLtradeLrestrictionsLandLtariffsLwillLresultLinLaLnetLeconomicLlossLtoLtheLoverallLU.S.Leconomy.
D. EmployeesLandLshareholdersLofLtheLdomesticLindustryLthatLproduceLtheLprotectedLgoodsLwillLbenefitLandLth
eLnationLwillLbeLhurt.
5. WhatLdoLtheLcontentLandLstructureLofLaLbalanceLsheetLreport?
TheLassetsL,LliabilitiesL,LandLequityLatLaLpointLinLtime
6. WhatLisLtheLbasisLusedLtoLcomputeLaLcompany'sLincomeLtaxLexpense?
A. PretaxLaccountingLincome.
B. TaxableLincome.
C. NetLoperatingLincome.