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WGU C201 Final Exam Review (New 2025/ 2026 Update) Business Acumen | Qs & As| Grade A| 100% Correct (Verified Answers) $10.99
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Exam (elaborations)

WGU C201 Final Exam Review (New 2025/ 2026 Update) Business Acumen | Qs & As| Grade A| 100% Correct (Verified Answers)

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  • Course
  • WGU C201
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  • WGU C201

WGU C201 Final Exam Review (New 2025/ 2026 Update) Business Acumen | Qs & As| Grade A| 100% Correct (Verified Answers)

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  • December 17, 2024
  • 27
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WGU C201
  • WGU C201
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ace_it
WGUlC201lFinallExamlReviewl(Newl
Update)lBusinesslAcumenl|lQsl&lAs|lGradel
A|l100%lCorrectl(VerifiedlAnswers)

QUESTION
Explainlthelstepslinvolvedlinlpreparinglalfinanciallplan.


Answer:
Thelfirstlsteplisltolforecastlsalesloverlalfuturelperiodlofltime.lSecond,lthelfinanciallmanagerlmu
stlestimatelthelexpectedllevelloflprofitsloverlthelplanninglperiod.lThelfinallsteplisltoldeterminelt
heladditionallassetslneededltolsupportladditionallsales.




QUESTION
Whatlareltheltwolaspectsloflaccountslreceivablelmanagement?


Answer:
Theltwolaspectsloflaccountslreceivablelmanagementlareldetermininglanloveralllcreditlpolicyl(w
hetherltolofferlcreditland,liflso,lonlwhatlterms)landldecidinglwhichlcustomerslwilllbelofferedlcr
edit.




QUESTION
Capitallstructurelis


Answer:
almixloflalcompany'sldebtlandlequitylcapital.




QUESTION
Assetsl=

,Answer:
Liabilitiesl+lOwnerslEquity




QUESTION
leverage


Answer:
increasinglthelrateloflreturnlonlfundslinvestedlbylborrowinglfunds.




QUESTION
Whichloflthelfollowinglindividualslhasltheldirectlresponsibilitylforlshareholderlrelations?


Answer:
thelTreasurer




QUESTION
Inlaltypicallfirm,lthel_____lislthelchieflaccountinglmanager.


Answer:
controller




QUESTION
n)l_____lislaldocumentlthatlspecifieslthelfundslalcompanylwilllneedlforlalperiodlofltime,lthelti
mingloflinflowslandloutflows,landlthelmostlappropriatelsourceslandlusesloflfunds.


Answer:
financiallplan

, QUESTION
Alfinanciallplanlshouldlinclude


Answer:
Whatlfundslwilllthelcompanylrequirelduringlthelappropriatelperiodlofloperations?
Howlwilllitlobtainlthelnecessarylmoney?
Whenlwilllitlneedlmorelcash?




QUESTION
Thelfollowinglactionslresultlinlequitylcapital


Answer:
liquidatinglassets
reinvestinglearnings
issuinglstock




QUESTION
Kevin'slcompanylneedsltolobtainlfundslinlorderltolkeeplthelbusinesslgoing;lhowever,lheldoesln
otlwantlstockholderslinfluencingltheldirectionloflhislcompany.lWhatltypeloflfinancinglshouldlK
evinlacquire?


Answer:
deptlcapital




QUESTION
Allloflthelfollowinglarelsourcesloflshort-termlfunds


Answer:

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