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D076 OA EXAM WITH CORRECT SOLUTION 100% VERIFIED.

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D076 OA EXAM WITH CORRECT SOLUTION 100% VERIFIED.

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D076 OA EXAM WITH CORRECT
SOLUTION 100% VERIFIED.

What are the main services offered by financial institutions?


A. Soliciting
charitable donations and then managing the distribution of these
funds

B. Accepting a wide variety of deposits, offering investment
products, providing loans, and brokering financial transactions

C. Deciding which assets to invest in to create wealth in the future

D. 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 - answer -B. Accepting a wide
variety of deposits, offering investment products, providing loans,
and brokering financial transactions


What is the main objective of personal financial goals?

A. To maximize stock investments

B. To maximize individual utility

C. To maximize charity donations

,2 | Page

D. To maximize owner wealth - answer -B. To maximize individual
utility


Which task does the financial manager of a firm perform that
involves the issuance of new stocks and bonds?

A. Making financing decisions

B. Managing working capital

C. Deciding on accounting standards

D. Making investing decisions - answer -A. Making financing
decisions


Why is understanding the definition of finance important in
managing personal finances?

A. It helps individuals compare the costs and benefits of an action
to determine whether to take that action.

B. It helps individuals act ethically with regard to finances.

C.It helps individuals understand legal issues related to finance.

D. It allows individuals to find an investment with the highest
return possible. - answer -A. It helps individuals compare the
costs and benefits of an action to determine whether to take that
action.


In which type of market would a company issue bonds or stocks
for the first time?

, 3 | Page


Dealer market

Primary market

Secondary market

Money market - answer -Primary market


Which type of financial institution is a mutual fund?

Contractual institution

Depository institution

Investment institution

Federal institution - answer -Investment institution


Which financial institution specializes in managing and
administering retirement funds?

Investment banks

Mutual funds

Pension funds

Private equity - answer -Pension funds


Which type of economic indicator is the consumer price index?

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