WGU D076 FINANCE SKILLS FOR MANAGERS 2024/2025
ACTUAL MODULE 1 FINAL EXAM LATEST UPDATE
(100%ACCURATE UPDATED QUESTIONS AND ANSWERS) BSC
ACCOUNTING&BUSS ADMIN APPROVED
MODULE 1 FINAL EXAM
What area of finance involves deciding which assets to invest in to create wealth in the future? (correct
answers)Unit 2
Investments
(Investments are an area of finance that involves deciding which assets to invest in to create wealth in
the future.)
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.)
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.)
Omar is about to purchase a new car for $30,000. He knows he wants to buy the car, but he is still trying
to decide how to pay for it. He has barely over $30,000 in his bank account. He can either take out an
auto loan from a bank or use a mix of cash and an auto loan.
In this scenario, what is Omar doing? (correct answers)Financing a goal
(He has already made a decision to purchase the car and is now deciding on financing options.)
(Module 2)
Which responsibility is a focus of the U.S. Securities and Exchange Commission? (correct answers)To
protect investors
(The responsibilities of SEC are to protect investors; maintain fair, orderly, and efficient markets; and
facilitate capital formation.)
Which type of financial institution provides individuals and firms access to financial markets? (correct
answers)Investment institutions
(Investment institutions provide both individuals and firms access to financial markets.)
Which financial institution includes entities that receive money from institutional investors and wealthy
individuals to buy troubled companies to improve them and earn returns by selling them or going
public? (correct answers)Private equity
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