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WGU D076 OA QUESTION S & ANSWERS | LATEST | UPDATED & VERIFIED |
GUARANTEED SUCCESS | 22 PAGES
Question :What are the main services offered by financial
institutions?
- Soliciting charitable donations and then managing the
distribution of these funds
- Accepting a wide variety of deposits, offering investment
products, providing loans, and brokering financial transactions
- Deciding which assets to invest in to create wealth in the
future
- 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
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Correct answer: B. Accepting a wide variety of deposits,
offering investment products, providing loans, and brokering financial transactions
Question :What is the main objective of personal financial
goals?
- To maximize stock investments
- To maximize individual utility
- To maximize charity donations
- To maximize owner wealth
Correct answer: B. To maximize individual utility
Question :Which task does the financial manager of a firm
perform that involves the issuance of new stocks and bonds?
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- Making financing decisions
- Managing working capital
- Deciding on accounting standards
- Making investing decisions
Correct answer: A. Making financing decisions
Question :Why is understanding the definition of finance
important in managing personal finances?
- It helps individuals compare the costs and benefits of an
action to determine whether to take that action.
- It helps individuals act ethically with regard to finances.
C.It helps individuals understand legal issues related to finance.
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- It allows individuals to find an investment with the highest
return possible.
Correct answer: A. It helps individuals compare the costs and
benefits of an action to determine whether to take that action.
Question :In which type of market would a company issue
bonds or stocks for the first time?
Dealer market
Primary market
Secondary market
Money market