1|Page
WGU C201 BUSINESS
ACUMEN OBJECTIVE
ASSESSMENT 2 TEST
EXAM|| VERSIONS (A, B&C)
ALL QUESTIONS AND 100%
CORRECT ANSWERS
ALREADY GRADED A+||
LATEST UPDATE WITH
VERIFIED SOLUTIONS||
ASSURED PASS!!
,2|Page
VERSION A
1. Which part of the organizing process aids in effective and efficient progress
toward planned goals and often results in changes within the organization? -
ANSWER: evaluating results
2. What is the result of a company increasing the delegation of authority and
the span of control? - ANSWER: Increased decision-making authority given
to employees
3. Which primary driver does management use for an organization's structure?
- ANSWER: Achievement of company goals
4. Which two risks does a firm face by funding the purchase of long-term
assets with short-term funding sources? - ANSWER: volatility of interest
rates and frequent renewals
5. Which step in the organizing process results in management grouping work
activities into units within the organization? - ANSWER:
departmentalization
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6. After years of marketing a bodylotion, a cosmetics company begins promoting the
z z z z z z z z z z z z
lotion as an insect repellent as well.
z z z z z z z
7. In which three product life cycle extension strategies did this company engage? -
z z z z z z z z z z z z
ANSWER: adding new users, increasing frequency of use and finding new uses
z z z z z z z z z z z z
for the product
z z z
8. Which manufacturer distribution model is enhanced by the shipping and tracking
z z z z z z z z z z
capabilities of a global package delivery service? - ANSWER: direct
z z z z z z z z z z
9. Which three tasks are key responsibilities of operations managers? - ANSWER:
z z z z z z z z z z
Planning the overall production process
z z z z z
10.Implementing the production plan z z z
11.Determining the best layout for the firm's facilities z z z z z z z
12.Which manufacturing model uses technology to produce small runs of
z z z z z z z z z
customized products cost effectively? - ANSWER: flexible
z z z z z z z
13.Which two of the following distribution channels would take title of the products
z z z z z z z z z z z z
they handle? - ANSWER: Limited-function merchant wholesaler
z z z z z z z
14.Full-function merchant wholesaler z z
15.Which three sources should a business consider when seeking a long-term funding
z z z z z z z z z z z
source? - ANSWER: venture capital, public sale of stocks and hedge funds
z z z z z z z z z z z z
, 4|Page
16.In which type of security should a business invest its excess cash in anticipation of
z z z z z z z z z z z z z z
paying off the current year's tax liability? - ANSWER: commercial paper
z z z z z z z z z z z
17.Which role does the underwriter play in financing business operations when using
z z z z z z z z z z z
the capital market to sell securities to the public? - ANSWER: It assumes the risk
z z z z z z z z z z z z z z z
of the assessed value of the security from the issuer
z z z z z z z z z z
18.Why should a manager use financial controls in a firm's financial plan? -
z z z z z z z z z z z z
ANSWER: To determine the accuracy of forecasted revenues, costs, and
z z z z z z z z z z
expenses
z
19.What should a firm do to manage the risk of using leverage when exploring long-
z z z z z z z z z z z z z z
term funding options? - ANSWER: Ensure that earnings remain larger than
z z z z z z z z z z
interest payments
z z
20.Which financial statement should an investor examine to identify the liabilities of
z z z z z z z z z z z
a firm? - ANSWER: The balance sheet
z z z z z z z
21.A company wishes to determine if it should fund a project with bonds or
z z z z z z z z z z z z z
equity.Which business concept would it most likely use to assist in the decision? -
z z z z z z z z z z z z z z
ANSWER: leverage
z z
WGU C201 BUSINESS
ACUMEN OBJECTIVE
ASSESSMENT 2 TEST
EXAM|| VERSIONS (A, B&C)
ALL QUESTIONS AND 100%
CORRECT ANSWERS
ALREADY GRADED A+||
LATEST UPDATE WITH
VERIFIED SOLUTIONS||
ASSURED PASS!!
,2|Page
VERSION A
1. Which part of the organizing process aids in effective and efficient progress
toward planned goals and often results in changes within the organization? -
ANSWER: evaluating results
2. What is the result of a company increasing the delegation of authority and
the span of control? - ANSWER: Increased decision-making authority given
to employees
3. Which primary driver does management use for an organization's structure?
- ANSWER: Achievement of company goals
4. Which two risks does a firm face by funding the purchase of long-term
assets with short-term funding sources? - ANSWER: volatility of interest
rates and frequent renewals
5. Which step in the organizing process results in management grouping work
activities into units within the organization? - ANSWER:
departmentalization
,3|Page
6. After years of marketing a bodylotion, a cosmetics company begins promoting the
z z z z z z z z z z z z
lotion as an insect repellent as well.
z z z z z z z
7. In which three product life cycle extension strategies did this company engage? -
z z z z z z z z z z z z
ANSWER: adding new users, increasing frequency of use and finding new uses
z z z z z z z z z z z z
for the product
z z z
8. Which manufacturer distribution model is enhanced by the shipping and tracking
z z z z z z z z z z
capabilities of a global package delivery service? - ANSWER: direct
z z z z z z z z z z
9. Which three tasks are key responsibilities of operations managers? - ANSWER:
z z z z z z z z z z
Planning the overall production process
z z z z z
10.Implementing the production plan z z z
11.Determining the best layout for the firm's facilities z z z z z z z
12.Which manufacturing model uses technology to produce small runs of
z z z z z z z z z
customized products cost effectively? - ANSWER: flexible
z z z z z z z
13.Which two of the following distribution channels would take title of the products
z z z z z z z z z z z z
they handle? - ANSWER: Limited-function merchant wholesaler
z z z z z z z
14.Full-function merchant wholesaler z z
15.Which three sources should a business consider when seeking a long-term funding
z z z z z z z z z z z
source? - ANSWER: venture capital, public sale of stocks and hedge funds
z z z z z z z z z z z z
, 4|Page
16.In which type of security should a business invest its excess cash in anticipation of
z z z z z z z z z z z z z z
paying off the current year's tax liability? - ANSWER: commercial paper
z z z z z z z z z z z
17.Which role does the underwriter play in financing business operations when using
z z z z z z z z z z z
the capital market to sell securities to the public? - ANSWER: It assumes the risk
z z z z z z z z z z z z z z z
of the assessed value of the security from the issuer
z z z z z z z z z z
18.Why should a manager use financial controls in a firm's financial plan? -
z z z z z z z z z z z z
ANSWER: To determine the accuracy of forecasted revenues, costs, and
z z z z z z z z z z
expenses
z
19.What should a firm do to manage the risk of using leverage when exploring long-
z z z z z z z z z z z z z z
term funding options? - ANSWER: Ensure that earnings remain larger than
z z z z z z z z z z
interest payments
z z
20.Which financial statement should an investor examine to identify the liabilities of
z z z z z z z z z z z
a firm? - ANSWER: The balance sheet
z z z z z z z
21.A company wishes to determine if it should fund a project with bonds or
z z z z z z z z z z z z z
equity.Which business concept would it most likely use to assist in the decision? -
z z z z z z z z z z z z z z
ANSWER: leverage
z z
