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WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT 2024 LATEST VERSIONS A AND B NEWEST ACTUAL EXAM TEST BANK COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A+$28.99
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WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT 2024 LATEST VERSIONS A AND B NEWEST ACTUAL EXAM TEST BANK COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A+
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Course
WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT
Institution
WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT
WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT 2024 LATEST VERSIONS A AND B NEWEST ACTUAL EXAM TEST BANK COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A+
WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT
2024 LATEST VERSIONS A AND B NEWEST ACTUAL
EXAM TEST BANK COMPLETE 400 QUESTIONS AND
CORRECT DETAILED ANSWERS |ALREADY GRADED A+
What is one role of a financial manage? - Analyzing major investment decisoins
Which two activities are finance activities rather than accounting activities? Choose 2
answers - Making capital market investments, creating a financial plan
Which three sources should a business consider when seeking a long-term source?
Choose 3 answers - Hedge funds, Venture capital, public sale of stocks
In which type of security should a business invest its excess cash in anticipation of
paying off the current year's tax liability? - Commercial paper
Which role does the underwriter play in financing business operations when using the
capital market to sell securities to the public? - It insures the value of the security to the
investor
Why should a manager use financial controls in a firm's financial plan? - to determine
the accuracy of forecasted revenues, costs, and expenses
What does a CFO use in financial planning to determine the expected level of revenue
for future periods? - Sales forecast plus non-sales revenue
How did the Dodd-Frank Wall Street Reform and Consumer Protection Act impact
retailers? - capped the debit card fee at 21 cents
Which two activities are prohibited by insider trading laws and should be avoided by a
firm's employees? Choose 2 answers - Selling company stock because a co-worker told
the employee the company's new drug is failing in clinical trial, buying stock in the public
company for which the employee works based on a conversation the employee
overheard at a cocktail party between two of the company's executives.
Which two risks does a firm face by funding the purchase of long-term assets with short-
term funding sources? Choose 2 ansers - Volatility of interest rates, frequent renewals
Which funding source should a firm use if it wishes to secure long-term financing while
retaining all of its equity? - private equity fund
, Which three characteristics make commercial paper a low-risk, attractive source of
short-term funding for a business? - It has a maturity that ranges between 1 and 270
days, it carries interest rates that are 1 to 2 percent less than bank loans, it can make
large amounts of money available
What should a firm do to manage the risk of using leverage when exploring long-term
funding options? - Ensure that earnings remain larger than interests payments
Which financial statement should an investor examine to identify the liabilities of a firm?
- The balance sheet
A company wishes to determine if it should fund a project with bonds or equity. Which
business concept would it most likely use to assist in the decision? - leverage
Which calculation determines a firm's return on equity? - net income divided by average
equity
Which part of the organizing process aids in effective and efficient progress toward
planned goals and often results in changes within the organization? - Evaluating results
What is the result of a company increasing the delegation of authority and the span of
control? - Increased number of direct reports per manager
Which two key elements does an effective organization include? - Human interaction,
structure
Why does a line organizational structure function most effectively in a crisis situation? -
It established a direct flow of authority
Number the seven steps in the recruiting and interviewing process from first to last. - 1)
Define job requirements, 2) Contact and visit colleges for applicants/interns, 3) Conduct
employment tests, 4) Review resumes, 5) Conduct candidate interviews, 6) Follow up
interviews, 7) Hiring determination
Which primary driver does management use for an organization's structure? -
Achievement of company goals
Which step in the organizing process results in management group work activities into
units within the organization? - Departmentalization
A high tech startup company is launching a marketing campaign for its new social
media portal by highlighting how the portal exceeds the connectivity and collaboration
capabilities of all other social media sits. Which type of competitive advantage is this
company leveraging? - Customer loyalty
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