WGU D076 Finance Skills for Managers Exam (New 2024/ 2025 Update) | Questions and Verified Answers| 100% Correct| A Grade

WGU D076 Finance Skills for Managers Exam (New 2024/ 2025 Update) | Questions and Verified Answers| 100% Correct | A Grade QUESTION The name for interest rate when used in time value of money calculations. - Answer: Discount Rate QUESTION Finding a present value given a future value. Answer: Discounting QUESTION Accounts that do not vary automatically with sales but are left to the discretion of management. Answer: Discretionary Accounts QUESTION The additional financing needed given a firm's expectations for future growth. Answer: Discretionary Financing Needed (DFN) QUESTION The process of "spreading" your money over many different assets. Answer: Diver - sification QUESTION A model used to evaluate common stock that calculates the value of a share of common stock today by taking the present value of future dividend cash flows. Answer: Dividend Discount Model QUESTION A feature of preferred stock specifying that if a company ignores preferred stock dividends, it cannot pay anything to its common stockholders. Answer: Divi- dends in Arrears QUESTION An expanded formula of the return of equity, net margin times total asset turnover times leverage multiplier, which represent the components of prof - itability, activity (efficiency), and financing. Answer: DuPont Framework QUESTION A market in which prices fully relect all the available information about a specific security. Answer: Efficient market QUESTION Everything that a person owns or controls, especially at death. Answer: Estates QUESTION An issue in the process of deciding between multiple options where no option is completely acceptable from an ethical standpoint. Answer: Ethical Dilemma QUESTION Following accepted standards of moral conduct. Answer: Ethics QUESTION A hypothesized estimate of future prices or returns under different scenar - ios based on expectational data. Answer: Expected Return QUESTION Another name for the discretionary financing needed or additional funds needed. It represents the additional financing needed given a firm's expecta - tions for future growth. Answer: External Financing Needed (EFN) QUESTION The sum of money that a corporation promises to pay at the expiration of a bond; also called par value. Answer: Face Value QUESTION The study of managing and allocating funds at the personal or business level. Answer: Finance QUESTION An area of finance that includes firms or organizations that exist to accept a wide variety of deposits, to offer investment products to individuals and businesses, to provide loans, or to broker financial transactions. Answer: Financial Institutions QUESTION A person who makes strategic financial decisions in a corporation. Answer: Finan - cial Managers QUESTION Incorporating new finance ideas within a firm. Answer: Financial Policy Implementa - tion