WGU C214 |PRE-ASSESSMENT: FINANCIAL MANAGEMENT PVCC
| ACCURATE AND VERIFIED 100% |2026 UPDATE
Attempt #1 Status:
Passed
1.
How can a private rm appropriately maximize shareholder value?
YOUR CORRECT
ANSWER ANSWER
By increasing the rm’s stock price
By reducing the rm's labor
By making decisions that keep the control of the business with the owners
2.
Why are American regulators focused on international investing in a global marketplace?
YOUR CORRECT
ANSWER ANSWER
Because international investing in a global marketplace is the concern of American
investors
Because an exclusively domestically focused regulatory approach is still effective
Because weaving international concerns into domestic policy is cost-effective
Because other jurisdictions have the same priorities and solutions as the United
States
3.
What is one of the two basic types of nancial instruments?
, YOUR CORRECT
ANSWER ANSWER
Checking accounts
Bonds
4.
What are the likeliest outcomes if a company outsources the manufacturing of its products to a foreign country?
Choose 2 answers.
YOUR CORRECT
ANSWER ANSWER
Consumer prices will decrease.
Tariffs will decrease.
Domestic wages will increase.
Production capacity will decrease.
Domestic employment will decrease.
5.
What do the content and structure of a balance sheet report?
YOUR CORRECT
ANSWER ANSWER
The gains and losses at a point in time
The revenues and expenses for a period of time
The assets, liabilities, and equity at a point in time
The expenses, assets, and liabilities for a period in time
, 6.
A company reported an increase in accounts receivable of $5,000 during the recent period. Half of this amount is
expected to be collected next period.
How will this change in accounts receivable affect the cash ows from the operating activities section?
YOUR CORRECT
ANSWER ANSWER
The change will decrease cash ows from operations by $2,500.
The change will increase cash ows from operations by $2,500.
The change will increase cash ows from operations by $5,000.
The change will decrease cash ows from operations by $5,000.
7.
Which statement accurately explains the recognition of revenues and expenses under accounting income and
income for tax purposes?
YOUR CORRECT
ANSWER ANSWER
Revenue and expenses recognized must be matched with assets.
Revenue and expenses recognized must be matched with liabilities.
Revenues and expenses may be recognized in one period for accounting income purposes
and in a different period for income tax purposes.
Revenues and expenses are always recognized in the same period for accounting income
purposes and income for tax purposes.
8.
Selected Data for 20x2 for ABD Inc.
Net Income $ 1,000
Depreciation Expense $ 300
Change in Operating Assets $ 600
Change in Net Property, Plant, and Equipment$ 5,000
Changes in Long-Term Liabilities $ 1,000
Dividends Paid $ 200
| ACCURATE AND VERIFIED 100% |2026 UPDATE
Attempt #1 Status:
Passed
1.
How can a private rm appropriately maximize shareholder value?
YOUR CORRECT
ANSWER ANSWER
By increasing the rm’s stock price
By reducing the rm's labor
By making decisions that keep the control of the business with the owners
2.
Why are American regulators focused on international investing in a global marketplace?
YOUR CORRECT
ANSWER ANSWER
Because international investing in a global marketplace is the concern of American
investors
Because an exclusively domestically focused regulatory approach is still effective
Because weaving international concerns into domestic policy is cost-effective
Because other jurisdictions have the same priorities and solutions as the United
States
3.
What is one of the two basic types of nancial instruments?
, YOUR CORRECT
ANSWER ANSWER
Checking accounts
Bonds
4.
What are the likeliest outcomes if a company outsources the manufacturing of its products to a foreign country?
Choose 2 answers.
YOUR CORRECT
ANSWER ANSWER
Consumer prices will decrease.
Tariffs will decrease.
Domestic wages will increase.
Production capacity will decrease.
Domestic employment will decrease.
5.
What do the content and structure of a balance sheet report?
YOUR CORRECT
ANSWER ANSWER
The gains and losses at a point in time
The revenues and expenses for a period of time
The assets, liabilities, and equity at a point in time
The expenses, assets, and liabilities for a period in time
, 6.
A company reported an increase in accounts receivable of $5,000 during the recent period. Half of this amount is
expected to be collected next period.
How will this change in accounts receivable affect the cash ows from the operating activities section?
YOUR CORRECT
ANSWER ANSWER
The change will decrease cash ows from operations by $2,500.
The change will increase cash ows from operations by $2,500.
The change will increase cash ows from operations by $5,000.
The change will decrease cash ows from operations by $5,000.
7.
Which statement accurately explains the recognition of revenues and expenses under accounting income and
income for tax purposes?
YOUR CORRECT
ANSWER ANSWER
Revenue and expenses recognized must be matched with assets.
Revenue and expenses recognized must be matched with liabilities.
Revenues and expenses may be recognized in one period for accounting income purposes
and in a different period for income tax purposes.
Revenues and expenses are always recognized in the same period for accounting income
purposes and income for tax purposes.
8.
Selected Data for 20x2 for ABD Inc.
Net Income $ 1,000
Depreciation Expense $ 300
Change in Operating Assets $ 600
Change in Net Property, Plant, and Equipment$ 5,000
Changes in Long-Term Liabilities $ 1,000
Dividends Paid $ 200
