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Exam (elaborations)
C214 FINANCIAL MANAGEMENT FINAL EXAM Questions and Answers Guaranteed Success Latest Update 2024
C214 FINANCIAL MANAGEMENT FINAL EXAM 
Questions and Answers Guaranteed Success 
Latest Update 2024
Exam (elaborations)
C214 FINANCIAL MANAGEMENT FINAL EXAM Questions and Answers Guaranteed Success Latest Update 2024
C214 FINANCIAL MANAGEMENT FINAL EXAM 
Questions and Answers Guaranteed Success 
Latest Update 2024
Exam (elaborations)
C214 - Financial Management Top Compulsory Exam Questions And Correct Answers
Accounting The business function responsible for creating the historical financial 
statements. 
Accounts Payable A current liability that represents any money the firm owes 
suppliers and other firms. Typically the firm does not pay interest on accounts payable. 
Accounts Receivable (AR) A type of current asset which represents any money owed 
to the firm for services rendered. 
Accounts Receivable (AR) Turnover Credit Sales/AR, a liquidity ratio. 
Accredited Investors Investors deemed by th...
Exam (elaborations)
C214 - Financial Management Key Predicted Exam Questions And Correct Answers
Trading on the NYSE is executed without a specialist (i.e. a market maker). False 
Accruals are expenses a firm owes but hasn't paid yet. (Like wages - the employee 
has worked, but his check hasn't been cut yet.) 
Which of the following best describes the guiding principle for revenue recognition within 
accrual accounting system: Revenue is reported when the earnings process is 
complete 
A high-quality customer just purchased $500,000 worth of product from your company. The 
contract...
Exam (elaborations)
C214 - Financial Management Top Forecasted Exam Questions And Correct Answers
intrinsic valuethe value of an asset computed with an economic model. Based on the 
cash flows generated from the security, intrinsically it is work XX amount 
Terminal Cash Flow (TCF)cash flows that result from winding down a project at the 
end of its life; does no include final year's differnetial cash flow. 
EFNexternal financing or funds needed. Another name for DFN 
bond ratinga rating assigned to a firm to measure the probablity of default by a 
company like S&P or Moody's
Exam (elaborations)
C214 - Financial Management UPDATED Exam Questions And Correct Answers
Finance is a subfield with in Economics 
Which of the following is not an example of firm capital? Financial Markets 
Capital is defined as a financial asset 
Corporate finance is devoted to understanding various types of financial instruments 
Which of the following is an example of firm capital? Cash 
Corporate finance focuses on the decision making by the Management
Exam (elaborations)
C214 Financial Management Objective Assessment Review Questions With 100% Correct Answers
C214 Financial Management Objective Assessment Review Questions With 100% Correct Answers 
If accounts receivable increases, what is impact on CFO? 
CFO decreases 
What is the "required return" of a stock or bond? 
The minimum yield necessary to induce investors to buy the security 
Are actual taxes paid the same as shown on GAAP income statement? 
No. Actual taxes based on IRS rules while income statement based on GAAP 
Which decisions require using subjective estimates? 
Economic life of a n...
Exam (elaborations)
C214 Financial Management WGU (COMPLETE ANSWERS) Semester 1 2024 - DUE 21 February 2024
C214 Financial Management WGU (COMPLETE ANSWERS) Semester 1 2024 - DUE 21 February 2024 
 
Trading on the NYSE is executed without a specialist T or F - ANSWER False 
 
What are 2 types of financial instruments - ANSWER Stocks and BondsM 
 
When revenue is matched with cost of sales in an income statement it is called? - ANSWER matching principle 
 
A high quality customer just purchased $500,000 worth of product from your company. The contract calls for immediate delivery of this pr...
Exam (elaborations)
C214 Financial Management WGU 2024 Test Questions With Complete Solutions
C214 Financial Management WGU 2024 Test Questions With Complete Solutions 
 
If accounts receivable increases, what is the impact on CFO? - CFO decreases 
 
Are actual taxes paid the same as how on the GAAP income statement? - No. 
 
Actual Taxes = IRS Rules 
Income Statement = GAAP 
 
Which decisions require using subjective estimates? - Economic life of a new asset. 
 
If there is a 30% change of a recession, what is the probability of expansion? - 70% 
 
*The sum of probabilities must equal 1...
Exam (elaborations)
C214 Financial Management WGU Test Questions And Answers
C214 Financial Management WGU Test Questions And Answers 
 
Net Income = - ANSWER Revenues - Expenses 
 
Revenues - Cost of Goods Sold (COGS) - ANSWER Gross Profit 
 
Gross Profit - Operating Expenses - ANSWER EBIT 
 
EBIT = - ANSWER Sales - Costs - Depreciation 
 
EBIT = - ANSWER Operating Profit or Operating Income 
 
EBIT - Interest Expense = - ANSWER Earnings Before Taxes 
 
Earnings before Taxes - Tax Expense = - ANSWER Net Income (NI) 
 
Retained Earnings...
Exam (elaborations)
C214 Financial Management Concepts Exam Questions And Answers
C214 Financial Management Concepts Exam Questions And Answers 
 
1. The goal of the corporation is to: 
a. Maximize profits 
b. Maximize market share 
c. Maximize stock price 
d. Minimize risk - Answer c. Maximize stock price 
 
2. Risk premium is best described as 
a. Return on risky securities 
b. Compensation for risk-taking 
c. Return on stocks 
d. Expected return on securities - Answer b. Compensation for risk-taking 
 
3. What is the relationship between risk and required return? 
a....
Exam (elaborations)
C214 Financial Management Final Exam Questions With Answers
C214 Financial Management Final Exam Questions With Answers 
 
Accounting - ANSWER- The business function responsible for creating the historical financial statements. 
 
Accounts Payable - ANSWER- A current liability that represents any money the firm owes suppliers and other firms. Typically the firm does not pay interest on accounts payable. 
 
Accounts Receivable (AR) - ANSWER- A type of current asset which represents any money owed to the firm for services rendered. 
 
Accounts Receivable (...
Exam (elaborations)
C214 financial management Actual Exam Questions And Answers
C214 financial management Actual Exam Questions And Answers 
 
intrinsic value - ANSWER- the value of an asset computed with an economic model. Based on the cash flows generated from the security, intrinsically it is work XX amount 
 
Terminal Cash Flow (TCF) - ANSWER- cash flows that result from winding down a project at the end of its life; does no include final year's differnetial cash flow. 
 
EFN - ANSWER- external financing or funds needed. Another name for DFN 
 
bond rating - ANSWER- a ...
Exam (elaborations)
C214 Financial Management 2024 Exam Questions And Answers
C214 Financial Management 2024 Exam Questions And Answers 
 
Finance is a subfield with in - ANSWER Economics 
 
Which of the following is not an example of firm capital? - ANSWER Financial Markets 
 
Capital is defined as a - ANSWER financial asset 
 
Corporate finance is devoted to understanding various types of - ANSWER financial instruments 
 
Which of the following is an example of firm capital? - ANSWER Cash 
 
Corporate finance focuses on the decision making ...
Exam (elaborations)
C214 Financial Management Exam Questions With Answers
C214 Financial Management Exam Questions With Answers 
 
Trading on the NYSE is executed without a specialist (i.e. a market maker). - ANSWER False 
 
Accruals - ANSWER are expenses a firm owes but hasn't paid yet. (Like wages - the employee has worked, but his check hasn't been cut yet.) 
 
Which of the following best describes the guiding principle for revenue recognition within accrual accounting system: - ANSWER Revenue is reported when the earnings process is complete 
 ...
Exam (elaborations)
C214 - Financial Management Exam Actual Questions with Complete Solution 2024/2025
C214 - Financial Management Exam 
Actual Questions with Complete 
Solution 2024/2025 
Trading on the NYSE is executed without a specialist (i.e. a market maker). False 
Accruals are expenses a firm owes but hasn't paid yet. (Like wages - the employee has 
worked, but his check hasn't been cut yet.) 
Which of the following best describes the guiding principle for revenue recognition within 
accrual accounting system: Revenue is reported when the earnings process is complete 
A high-quality ...
Package deal
WGU C214 Bundled Exams with complete solutions
WGU C214 Bundled Exams with complete solutions
Exam (elaborations)
C214 Financial Management Overview Concept Quiz Answers Graded A+
1. The goal of the corporation is to: 
a. Maximize profits 
b. Maximize market share 
c. Maximize stock price 
d. Minimize risk - Answer-c. Maximize stock price 
2. Risk premium is best described as 
a. Return on risky securities 
b. Compensation for risk-taking 
c. Return on stocks 
d. Expected return on securities - Answer-b. Compensation for risk-taking 
3. What is the relationship between risk and required return? 
a. The two are independent 
b. Higher required return causes lower risk 
c. H...
Exam (elaborations)
C214 Financial Management (VCC2 Terms)-with 100% verified solutions-2023
C214 Financial Management (VCC2 Terms)-with 100% verified solutions-2023
Exam (elaborations)
C214 Financial Management (VCC2 Terms)-with 100% verified solutions-2023
C214 Financial Management (VCC2 Terms)-with 100% verified solutions-2023