WGU C214 2025/2026 Exam Questions
and Corresponding Answers with Surety
of 100% Pass Mark
Securities act of 1933 - 🧠 ANSWER ✔✔*Prospectus* with audited financial
statements through the SEC (for transparency)
SEC - 🧠 ANSWER ✔✔Regulates security markets for transparency, 10 k annual
reports required by public companies
Sarbanes-Oxley Act - 🧠 ANSWER ✔✔Transparency by requiring off balance sheet
transaction reporting,
audited, internal controls with an annual audit required
FINRA - 🧠 ANSWER ✔✔To protect investors
,Must be a member to buy or sell securities on behalf of someone else, for example,
the series 67 test is though FINRA (competency test)
Has the authority to unbar ethical people for life
Rule 144A - 🧠 ANSWER ✔✔The sale of private securities in the US to US
investors
Rule S - 🧠 ANSWER ✔✔The sell of private securities offshore to foreign investors
Dodd-Frank Act - 🧠 ANSWER ✔✔"Too big to fail"
The idea that if big bank fail it will crash the economy (limit risk)
More the 250 b in assists
FSOC (Financial Stability Oversight Council) - 🧠 ANSWER ✔✔Regulate
systematic risk
, What is the risk that large financial institutions posed to the entire economy
Volked Rule - 🧠 ANSWER ✔✔Limits proprietary/hedge fund trading by Banks.
Instead they should be focused customer, focused business
decrease CFO - 🧠 ANSWER ✔✔An increase from an asset will _
Increase CFO - 🧠 ANSWER ✔✔A decrease from an asset will _
Increase CFO - 🧠 ANSWER ✔✔An increase from an liability will _
Decrease CFO - 🧠 ANSWER ✔✔An decrease from an liability will _
Stocks subsequent to IPO's - 🧠 ANSWER ✔✔Secondary markets sell _
AR and inventory (no cash) - 🧠 ANSWER ✔✔Current assets for CFO are
AP and accrued expenses - 🧠 ANSWER ✔✔Current liabilities for CFO are
U.S Outsourcing (using foreign Suppliers) - 🧠 ANSWER ✔✔Fewer US jobs
Cheaper consumer goods (good thing)
foreign competition (compete with domestic firms) - 🧠 ANSWER ✔✔Fewer US
jobs
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
3
and Corresponding Answers with Surety
of 100% Pass Mark
Securities act of 1933 - 🧠 ANSWER ✔✔*Prospectus* with audited financial
statements through the SEC (for transparency)
SEC - 🧠 ANSWER ✔✔Regulates security markets for transparency, 10 k annual
reports required by public companies
Sarbanes-Oxley Act - 🧠 ANSWER ✔✔Transparency by requiring off balance sheet
transaction reporting,
audited, internal controls with an annual audit required
FINRA - 🧠 ANSWER ✔✔To protect investors
,Must be a member to buy or sell securities on behalf of someone else, for example,
the series 67 test is though FINRA (competency test)
Has the authority to unbar ethical people for life
Rule 144A - 🧠 ANSWER ✔✔The sale of private securities in the US to US
investors
Rule S - 🧠 ANSWER ✔✔The sell of private securities offshore to foreign investors
Dodd-Frank Act - 🧠 ANSWER ✔✔"Too big to fail"
The idea that if big bank fail it will crash the economy (limit risk)
More the 250 b in assists
FSOC (Financial Stability Oversight Council) - 🧠 ANSWER ✔✔Regulate
systematic risk
, What is the risk that large financial institutions posed to the entire economy
Volked Rule - 🧠 ANSWER ✔✔Limits proprietary/hedge fund trading by Banks.
Instead they should be focused customer, focused business
decrease CFO - 🧠 ANSWER ✔✔An increase from an asset will _
Increase CFO - 🧠 ANSWER ✔✔A decrease from an asset will _
Increase CFO - 🧠 ANSWER ✔✔An increase from an liability will _
Decrease CFO - 🧠 ANSWER ✔✔An decrease from an liability will _
Stocks subsequent to IPO's - 🧠 ANSWER ✔✔Secondary markets sell _
AR and inventory (no cash) - 🧠 ANSWER ✔✔Current assets for CFO are
AP and accrued expenses - 🧠 ANSWER ✔✔Current liabilities for CFO are
U.S Outsourcing (using foreign Suppliers) - 🧠 ANSWER ✔✔Fewer US jobs
Cheaper consumer goods (good thing)
foreign competition (compete with domestic firms) - 🧠 ANSWER ✔✔Fewer US
jobs
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
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