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WGU D023 Final Exam (New 2024/ 2025 Update) School Financial Leadership | Study Guide with Qs & As| Grade A| 100% Correct (Verified Answers) $10.99   Add to cart

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WGU D023 Final Exam (New 2024/ 2025 Update) School Financial Leadership | Study Guide with Qs & As| Grade A| 100% Correct (Verified Answers)

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  • WGU D023
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  • WGU D023

WGU D023 Final Exam (New 2024/ 2025 Update) School Financial Leadership | Study Guide with Qs & As| Grade A| 100% Correct (Verified Answers)

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  • October 17, 2024
  • 47
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • wgu d023
  • WGU D023
  • WGU D023
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WGUID023IFinalIExamI(NewI2024/I2025I
Update)ISchoolIFinancialILeadershipI|IStudy
IGuideIwithIQsI&IAs|IGradeIA|I100%I
CorrectI(VerifiedIAnswers)
QUESTION
Bonding


Answer:
-MostIcommon
-IssueIbondsItoIpayIforIbuildings
-
TakeItheIrevenueIfromItheIbondsIandIbuildItheIbuildingIandIthenItheIpeopleIwhoIinvestedIwill
IgetItheImoneyIbackIwithIinterestIonIit
-ComplicatedIwithIlawyersIandIaccountants
-DistrictIhasIaIcreditIrating
-"LikeIaImortgage"
-
LeadsItoIinequitiesIinIthatIwealthyIschoolsIcanIgetIlowIinterestIbonds,IandIlowIincomeIschool
sIgetIhighIinterestIbonds




QUESTION
serialIbonds


Answer:
ThisIkindIofIbondIprovidesIforIpaymentIofIaccruedIinterestIeachIyearIandIalsoIforIretirementI
ofIpartIofItheIprincipalIeachIyearIonIanIamortizedIbasis.IThisIreducesItheItotalIinterestIcostIasI
interestIisIchargedIonlyIonItheIunpaidIbalanceIofItheIprincipal.IItIalsoIaffordsIanIextensionIofI
furtherIbondingIcapacityIasItheIamountsIonItheIprincipalIareIpaid.

,QUESTION
StraightITermIBonds


Answer:
-
debtIcertificatesIthatIrequireImoneyItoIbeIsavedIuntilItheIendIofItheIbondingIperiod,IwhenIitIis
IpaidI(withIinterest)ItoIretireItheIcertificates
-littleIvalueItoIaIschoolIdistrict




QUESTION
BondIAmortization


Answer:
ReducingItheIamountIofIaIbondIdiscountIorIpremiumIoverItime.




QUESTION
callableIbonds


Answer:
BondsIthatIgiveItheIissuerItheIoptionItoIretireIthemIatIaIstatedIamountIpriorItoImaturity.
-mayIcostImore
-"refundable"




QUESTION
registeredIbonds


Answer:
bondsIissuedIinItheInamesIandIaddressesIofItheirIholders

,QUESTION
BuildingIReserveIFund


Answer:
PutImoneyIintoIaIcapitolIreserveIeveryIyear,IandIsaveIforI5-
?Iyears.IManyIstatesIlimitIhowImuchIyouIcanIhaveIintoIaIsavingsIaccountIbecauseItheyIdon'tI
wantItaxpayerImoneyIbeingIsaved.




QUESTION
MillILevy


Answer:
AIwayIpropertyItaxIisIoftenIexpressedIinIwhichItheInumberIofImills,IorIthousandthsIofIaIdolla
r,IthatIareIchargedIperI$1000IofIassessedIvalue.




QUESTION
HowIareIcapitalIfundsIused?


Answer:
forIinfrastructure




QUESTION
WhatIisItheItaxationIsystem?


Answer:
TaxesIareIaIfunctionIofIthreeIvariables:I(1)ItheItaxIbase,I(2)ItheItaxIrate,IandI(3)ItheItaxIyield.I
ThisIrelationshipIisIexpressedIasIfollows:
TIaIxIBIaIsIeI×ITIaIxIRIaItIeI=ITIaIxIYIiIeIlId
TheItaxIbaseIisItheItaxableIvalueIofItheIitemsIorIobjectsIbeingItaxed.ITheImajorItaxIbasesIincl
udeIproperty,Iincome,Isales,IandIprivilege.ITheItaxIrateIisItheItaxIpriceIappliedItoItheIbaseIorIi
temIbeingItaxed.ITheItaxIyieldIisItheIlevyIorIamountIofIrevenueIthatIisIraisedIfromItaxing.

, QUESTION
benefitsIreceivedIprincipleIofItaxation


Answer:
systemIofItaxationIinIwhichIthoseIwhoIuseIaIparticularIgovernmentIserviceIsupportIitIwithItax
esIinIproportionItoItheIbenefitItheyIreceive;IthoseIwhoIdoInotIuseIaIserviceIdoInotIpayItaxesIf
orIit




QUESTION
ability-to-payIprincipleIofItaxation


Answer:
beliefIthatItaxesIshouldIbeIpaidIaccordingItoIlevelIofIincomeIregardlessIofIbenefitsIreceived




QUESTION
consumptionIbasedImeasureIofItaxation


Answer:
defineIaIperson'sIabilityItoIpayItaxesIbasedIonIpurchases.IGeneralIsalesItaxesIandIspecificIexci
seItaxesIareItheImainItaxesIbasedIonIconsumption.;IConsumptionIhasIbeenIfoundItoIrelateIpoo
rlyItoIanIindividual'sIeconomicIwell-
beingIatIaIsingleIpointIinItimeIandIisIthereforeIaIpoorImeasureIofIabilityItoIpayItaxes.




QUESTION
IncomeITaxIasIfunding


Answer:

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