WGU D076 (QUIZ) Finance Skills for Managers Questions and Verified Answers (2024 / 2025)/ A+ GRADE
7 views 0 purchase
Course
WGU D076
Institution
WGU D076
1. Unit 2 (Module 1)
What area of finance involves deciding which assets to invest in to create wealth in the future
ANS Unit 2
Investments
(Investments are an area of finance that involves deciding which assets to invest in to create wealth in the future.)
2. Hannah is the financial manag...
(QUIZ) WGU D076 Finance Skills for
Managers
1.Unit 2 (Module 1)
What area of finance involves deciding which assets to invest in to create wealth in the future
ANS Unit 2
Investments
(Investments are an area of finance that involves deciding which assets to invest in to create wealth in the future.)
2.Hannah is the financial manager of a firm. A project that she has recom- mended 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
ANS 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.)
3.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
ANS To maximize individual utility
(While everyone has different personal financial goals, the objectives of such goals is to maximize individual utility.)
4.Which professional works with individuals to help them achieve their finan- cial goals
ANS Financial planner
(Professional financial planners work with individuals to help them achieve their financial goals.)
5.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
ANS Financing a goal (He has already made a decision to purchase the car and is now deciding on financing options.)
6.(Module 2)
Which responsibility is a focus of the U.S. Securities and Exchange Commis- sion
ANS To protect investors
(The responsibilities of SEC are to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation.)
7.Which type of financial institution provides individuals and firms access
to financial markets
ANS Investment institutions
(Investment institutions provide both individuals and firms access to financial mar- kets.)
8.Which financial institution includes entities that receive money from
institu- tional investors and wealthy individuals to buy troubled companies
to improve them and earn returns by selling them or going public
ANS Private equity
(This is the role of a buyout private equity firm.)
9.Yield curve is which type of economic indicator
ANS Leading
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BESTGOODIES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
