Wguc214 - Study guides, Class notes & Summaries
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WGU C214 Financial Management Exam Study Guide 2023
- Exam (elaborations) • 16 pages • 2023
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Trading on the NYSE is executed without a specialist (i.e. a market maker). True 
or False? - False 
Stocks and bonds are two types of financial instruments (T/F) - True 
The matching principle in accrual accounting requires that: - Revenues be 
recognized when the earnings process is complete and matches expenses to 
revenues recognized. 
A basic equation for the balance sheet is: - Equity = Assets - Liabilities 
Why is the Balance Sheet known as a permanent statement? - Because the other 
stat...
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WGU C214 Concepts Only Multi Choice Version Exam
- Exam (elaborations) • 18 pages • 2024
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Trading on the NYSE is executed without a specialist (i.e. a market maker). (T/F) - 
False 
Stocks and bonds are two types of financial instruments (T/F) - True 
The matching principle in accrual accounting requires that: - Revenues be 
recognized when the earnings process is complete and matches expenses to 
revenues recognized. 
A basic equation for the balance sheet is: - Equity = Assets - Liabilities 
Why is the Balance Sheet known as a permanent statement? - Because the other 
statements ar...
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WGU C214 Financial Management Exam Study Guide 2024
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $12.00
- + learn more
Trading on the NYSE is executed without a specialist (i.e. a market maker). True or False? - False 
Stocks and bonds are two types of financial instruments (T/F) - True 
The matching principle in accrual accounting requires that: - Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. 
A basic equation for the balance sheet is: - Equity = Assets - Liabilities 
Why is the Balance Sheet known as a permanent statement? - Because the other statemen...
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WGU C214 OA Financial Management Exam Questions And Answers GRADED A+ 2023/2024
- Exam (elaborations) • 11 pages • 2023
- Available in package deal
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1. The stock price of a company increases and the market is deemed efficient. What assumption can be made? 
A. A new, patented, product was introduced to the market. 
B. New machinery was purchased with a useful life of 20 years. 
C. Management is optimizing its resources and operating efficiently. 
D. Management hired new employees and invested in a training program. 
2. Which statement is true about how the global market affects the U.S. 
A. A bad options trade executed by a foreign subsidiary...
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WGU C214 OA Financial Management Retake Exam Questions and Answers 2023
- Exam (elaborations) • 9 pages • 2023
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1. What does the Foreign Corrupt Practices Act forbid U.S. companies to do - 
Prohibits U.S. firms and individuals from paying bribes to foreign officials to 
further business deals. 
2. What are two basic types of financial instruments - Stocks and Bonds 
3. What are secondary markets - Secondary financial markets are where securities 
are traded after the initial offering. 
4. What do cash flows from operating activities report - Operating - day to day 
operations 
5. What does the statement o...
Too much month left at the end of the money?
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C214 WGU EXAM TEST 2023/2024
- Exam (elaborations) • 10 pages • 2023
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C214 WGU EXAM TEST 2023/2024 
Pt - CORRECT ANSWER-is the sold price 
Pt-1 - CORRECT ANSWER-is the bought price 
CFt - CORRECT ANSWER-is the cash flow (coupons for bonds; dividends for stocks). 
Dollar Returns - CORRECT ANSWER-= Pt - Pt-1 + CFt 
Cash Flow from Investing (CFI) - CORRECT ANSWER-= Change in Net PP&E + 
Depreciation Expense 
Net PP&E - CORRECT ANSWER-= Gross PP&E - Accumulated Depreciation 
With the assumption of no asset disposals, CFI will be equal to - CORRECT ANSWER1) change in...
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WGU C214 OA Financial Management Exam
- Exam (elaborations) • 8 pages • 2023
- Available in package deal
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1. The stock price of a company increases and the market is deemed efficient. 
What assumption can be made? 
/////A. A new, patented, product was introduced to the market. ////// 
2. Which statement is true about how the global market affects the U.S. 
//////////D. Foreign investors and fund managers make decisions based on financial 
reporting standards developed and financial statements audited overseas.///////// 
3. What are secondary markets? 
//////A. Markets where securities are traded sub...
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WGU C214 OA Exam Questions With Answers Latest Update 2023/2024 | GRADED
- Exam (elaborations) • 53 pages • 2023
- Available in package deal
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WGU C214 OA Financial Management. 
What is included in the Income Statement and NOT in the Statement of Cash Flows? - 
Depreciation Expense 
Computation of Net Income: 
A co. sold products in 2014 for $120k and collected $100k cash and remainder in 2015. Co. 
incurred $70k expenses for 2014 and paid $100k which included $30k for expenses 
incurred in 2013. What is net income for 2014? - Computation of Net Income (R-E=NI) 
$50,000 
Net Income = $120k - $70k = $50k, or 
Revenues - Expenses Incurre...
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WGU C214 Pre-Assement Exam Questions With Answers | Latest Update 2023-2024 (GRADED A+)
- Exam (elaborations) • 28 pages • 2023
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Stocks and bonds are two types of financial instruments (T/F) - Answer True 
The matching principle in accrual accounting requires that: 
a. Revenues be recognized when the earnings process is complete and matches 
expenses to revenues recognized. 
b. Expenses are matched to the year in which they are incurred 
c. Revenues are matched to the year in which they are booked 
d. Revenues should be large enough to match expenses - Answer a 
A high-quality customer just purchased $500,000 worth of pro...
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WGU C214 OA Exam Questions With Answers Latest Update 2023-2024 (GRADED A+)
- Exam (elaborations) • 21 pages • 2023
- Available in package deal
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Banking or Financial Institutions - Answer make money by paying depositors a 
smaller interest rate than the interest rate charged to borrowers 
Treasury Securities - Answer generally bonds that are issued by the US government 
Corporate Bonds - Answer firms borrowing from the public 
Stocks - Answer a share of ownership in a company 
Primary financial markets - Answer markets where securities are first issued 
Syndicate - Answer a group that is temporarily formed to handle a bond or stock 
issu...
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