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WGU 214. FINANCIAL MANAGEMENT PVCC. Pre-Assessment Practice Questions and Answers $12.49   Add to cart
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WGU 214. FINANCIAL MANAGEMENT PVCC. Pre-Assessment Practice Questions and Answers
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WGU 214. FINANCIAL MANAGEMENT PVCC. Pre-Assessment Practice Questions and Answers How can a private firm appropriately maximize shareholder value? - ANSWER-By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing i...

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  • November 4, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • wgu 214 financial management pvcc pre assessment

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Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024




WGU 214. FINANCIAL MANAGEMENT

PVCC. Pre-Assessment Practice Questions

and Answers


How can a private firm appropriately maximize shareholder value? - ANSWER✔✔-By making decisions

that keep the control of the business with the owners


Why are American regulators focused on international investing in a global marketplace? - ANSWER✔✔-

Because American investors are focused on international investing in a global marketplace


What is one of the two basic types of financial instruments? - ANSWER✔✔-Bonds


If a company outsources the manufacturing of its products to a foreign country, what are the likeliest

outcomes?




Choose 2 answers - ANSWER✔✔-Consumer prices will decrease. Domestic employment will decrease.


What is true about the content and structure of a balance sheet? - ANSWER✔✔-It reports the assets,

liabilities, and equity at a point in time.


A company reported an increase in accounts receivable of $5,000 during the recent period. Half of this

amount is expected to be collected next period.




Copyright ©Stuvia International BV 2010-2024 Page 1/13

, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024


How will this change in accounts receivable affect the cash flows from the operating activities section? -

ANSWER✔✔-The change will decrease cash flows from operations by $5,000.


Which statement accurately explains the recognition of revenues and expenses under accounting income

and income for tax purposes? - ANSWER✔✔-Revenues and expenses may be recognized in one period

for accounting income purposes and in a different period for income tax purposes.


Selected Data for 20x2 for ABD Inc.


Net income $ 1,000


Depreciation expense $ 300


Change in operating assets $ 600


Change in net property, plant, and equipment $ 5,000


Changes in long-term liabilities $ 1,000


Dividends paid $ 200


What is the firm's cash flow from investments, using the data above and assuming no asset disposals? -

ANSWER✔✔-$5,300 outflow


What is the basic equation for a balance sheet? - ANSWER✔✔-Assets = Liabilities + Equity


What do cash flows from investing activities generally relate to? - ANSWER✔✔-A firm's purchase and

sale of long-term assets


Which transaction is reflected in cash flow from operating activities? - ANSWER✔✔-Cash sales to

customers




Copyright ©Stuvia International BV 2010-2024 Page 2/13

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