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WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VERSION A AND B) ACTUAL EXAM WITH COMPLETE QUESTIONS AND 100% CORRECT VERIFIED ANSWERS | WELL GRADED A+$17.99
WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VERSION A AND B) ACTUAL EXAM WITH COMPLETE QUESTIONS AND 100% CORRECT VERIFIED ANSWERS | WELL GRADED A+
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Course
WGU D076 OBJECTIVE ASSESSMENT
Institution
WGU D076 OBJECTIVE ASSESSMENT
WGU D076 OBJECTIVE ASSESSMENT FINAL EXAM 2 LATEST VERSIONS (VERSION A AND B) ACTUAL EXAM WITH COMPLETE QUESTIONS AND 100% CORRECT VERIFIED ANSWERS | WELL GRADED A+
WGU D076
What is the primary goal of the financial manager of a firm? - CORRECT ANSWERS-To maximize owner w...
WGU D076 OBJECTIVE ASSESSMENT
FINAL EXAM 2 LATEST VERSIONS
(VERSION A AND B) 2024-2025 ACTUAL
EXAM WITH COMPLETE QUESTIONS
AND 100% CORRECT VERIFIED
ANSWERS | WELL GRADED A+
WGU D076
What is the primary goal of the financial manager of a firm? - CORRECT ANSWERS-To
maximize owner wealth - The financial manager should make decisions based on the
primary goal of maximizing owner wealth.
What should be the main question a firm asks when considering any investment
decision? - CORRECT ANSWERS-Do the benefits of this investment outweigh the
costs? - For any investment, you should expect to receive a benefit worth at least as
much as the initial cost.
What is the primary aim of personal finance goals? - CORRECT ANSWERS-maximize
satisfaction from products purchased and services obtained- the objective of personal
financial goals is to maximize one's utility.
Which task does a financial manager perform when choosing to obtain a loan to
purchase a piece of equipment for a new project? - CORRECT ANSWERS-Making
financing decisions - The manager is deciding where to get the funds to support a new
project, which means the manager is making a financing decision
Which financial career focuses on investing capital into firms whose shares are not
currently sold on any public stock exchange? - CORRECT ANSWERS-private equity -
Private equity deals with investments in firms that are privately held and whose
ownership is not yet bought or sold on any public stock exchange
Which task does a financial manager perform when assessing the costs and benefits of
potential projects? - CORRECT ANSWERS-Making investment decisions -
, Understanding how benefits weigh up against costs is the first priority before moving
forward with financing and managerial decisions.
What does the term legal describe? - CORRECT ANSWERS-An action that is in
accordance with the laws and rules set by an authority. -
Jack is a personal financial advisor. He is with a new client, and the client is asking him
what he recommends for her portfolio. Jack knows that his firm's investment product
performed well last year, but its performance changes from year to year—some years it
is better than the market, and some years it is not. Also, the fee to invest in the product
is higher than the fee to invest in a market index fund. If Jack sells his company's
investment product, the customer's loyalty to the company is doubled. Which actions
should Jack take? - CORRECT ANSWERS-Give a personal recommendation of the
company's product while explaining its performance relative to the market over the past
several years.-
Giving the recommendation to sell a product is fine, but you should never hide other
information. Sharing information about index funds and comparing your product to
others is a fair action to take for the client.
Why might a manager manipulate accounting procedures? - CORRECT ANSWERS-To
make the company's performance look good -
What area of finance involves deciding which assets to invest in to create wealth in the
future? - CORRECT ANSWERS-Investments
Hannah is the financial manager of a firm. A project that she has recommended has
been approved and will cost $5 million. Since the company does not have enough cash
on reserve, Hannah must figure out how to raise enough money to start the project. She
can choose whether to issue new bonds, new stocks, a mortgage loan, or some
combination of those options. What task is Hannah performing in this scenario? -
CORRECT ANSWERS-Making a financing decision - Since the project has already
been approved, Hannah is trying to find a way to finance the investment and
considering its capital structure.
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Maria and Mateo are setting financial goals. They decide that they need to save $200
each month to reach their goal of taking their children to visit their grandparents in Spain
next summer. What is the objective of setting such a goal? - CORRECT ANSWERS-To
maximize individual utility -While everyone has different personal financial goals, the
objectives of such goals is to maximize individual utility.
Which professional works with individuals to help them achieve their financial goals? -
CORRECT ANSWERS-Financial planner - Professional financial planners work with
individuals to help them achieve their financial goals.
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