Wgu c708 exam questions - Study guides, Class notes & Summaries

WGU C708 Principles of Finance Exam questions and answers latest 2023 - 2024 [100% correct answers]

WGU C708 Principles of Finance Exam 2023 Questions and Answers (Verified Answers) 1. The credit manager for a company is responsible for setting the company's credit policy regarding availability and limits for customers. What is one of the additional responsibilities of this credit manager? A. Purchasing insurance B. Collecting past-due accounts C. Monitoring accounts payable D. Investing excess cash B. Collecting past-due accounts 2. Which activity is financial management r...

WGU EXAM C708 PRINCIPLES OF FINANCE Questions and Answers Graded A+ 1. The credit manager for a company is responsible for setting the company's credit policy regarding availability and limits for customers. What is one of the additional responsibilities of this credit manager? A. Purchasing insurance B. Collecting past-due accounts C. Monitoring accounts payable D. Investing excess cash ANS- B. Collecting past-due accounts 2. Which activity is financial management responsibl...

Principles of Finance (C708) – WGU. Top Exam Questions with accurate answers Matching Principle - -The revenues and the expected incurred to generate those revenues must be reported together; a fundamental component of accrual-based accounting. Historical Cost Principle - -Items that appear on the financial statement are listed at the cost when purchased. Current Assets - -Cash or assets that will be converted into cash within the next year. Gross Fixed Assets - -Property, Plant...

C708 Principles of Finance WGU Module 1, Top Exam Questions with accurate answers, 100% Accurate, rated A+ finance - -study of fund management and asset allocation over time, science of how individuals and organizations should invest assets in order to get the highest possible return given changing conditions over time asset - -Anything of value that is owned 3 Main Areas of Finance - -Institutions, Markets, Management 2 Main Drivers of Finance - -time value of money, risk inves...

C708, unit 3, module 4, WGU, Exam Questions and answers, 100% Accurate, rated A+ four basic components of a financial statement - -balance sheet, income statement, cash flow statement, and statement of changes in equity balance sheet - -point-in-time snapshot of the assets, liabilities and equity Income Statement - -A financial statement that reports a company's revenues and expenses and resulting net income or net loss for a specific period of time. cash flow statement - -repor...

WGU C708 Paper 2 Practice Exam 2023(questions and answers) What do financial managers do? - CORRECT ANSWER-prepare financial statements, business activity reports, and forecasts monitor financial details to ensure that legal requirements are met supervise employees who do financial reporting and budgeting review company financial reports and seek ways to reduce costs analyze market trends to find opportunities for expansion or for acquiring other companies help management make financ...