WGU D076 Finance Skills for Managers OA Prep Exam Questions With Complete Solutions

UNIT 2 What are the main services offered by financial institutions? 1. Deciding which assets to invest in to create wealth in the future 2. Soliciting charitable donations and then managing the distribution of these funds 3. Evaluating sources of funding for a business project, the capital structure of a firm, or actions managers could take to increase the value of the firm 4. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions - ANSWER-4. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions Correct! Financial institutions such as banks, insurance companies, and mutual fund companies provide these services. UNIT 2 What is the main objective of personal financial goals? 1. To maximize stock investments 2. To maximize owner wealth 3. To maximize charity donations 4. To maximize individual utility - ANSWER-4. To maximize individual utility Correct! You set goals and act to increase your satisfaction or happiness by taking care of necessities and achieving priorities.