Study guides, Class notes & Summaries

Trading on the NYSE is executed without a specialist (i.e. a market maker). (T/F) - ANSWERSF Stocks and bonds are two types of financial instruments (T/F) - ANSWERSTrue 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...

WGU C214 OA FINANCIAL MANAGEMENT OBJECTIVE ASSESSMENT LATEST EXAM VCC2 2024 VERIFIED QUESTIONS AND ANSWERS

WGU C214 Final Exam Questions with verified Answers Already Graded A 1. Coupon Rate--Answer-- The interest rate that a company promises to pay on bonds 2. Market Rate--Answer-- The interest rate on other comparable bonds 3. Par Value--Answer-- The amount payable on maturity of the bond 4. Market rate--Answer-- Same as YTM - Yield to Maturity 5. Gordon Growth Model--Answer-- Assumes stable growth rates and does not incorporate risk

WGU C214 OA FINANCIAL MANAGEMENT OBJECTIVE ASSESSMENT LATEST EXAM VCC2 2024 VERIFIED QUESTIONS AND ANSWERS

C214 - Financial Management Exam Questions and Answers Trading on the NYSE is executed without a specialist (i.e. a market maker). - Answer- False Accruals - Answer- are expenses a firm owes but hasn't paid yet. (Like wages - the employee has worked, but his check hasn't been cut yet.) Which of the following best describes the guiding principle for revenue recognition within accrual accounting system: - Answer- Revenue is reported when the earnings process is complete A high-quality c...

C214 Financial Management Exam Questions and Answers Finance is a subfield with in - Answer- Economics Which of the following is not an example of firm capital? - Answer- Financial Markets Capital is defined as a - Answer- financial asset Corporate finance is devoted to understanding various types of - Answer- financial instruments Which of the following is an example of firm capital? - Answer- Cash Corporate finance focuses on the decision making by the - Answer- Management What are th...

WGU C214 Financial Management Exam Questions and Answers Net Income = - Answer- Revenues - Expenses Revenues - Cost of Goods Sold (COGS) - Answer- Gross Profit Gross Profit - Operating Expenses - Answer- EBIT EBIT = - Answer- Sales - Costs - Depreciation EBIT = - Answer- Operating Profit or Operating Income EBIT - Interest Expense = - Answer- Earnings Before Taxes Earnings before Taxes - Tax Expense = - Answer- Net Income (NI) Retained Earnings - Answer- End RE = Beg RE + NI - Dividends...

C214 - Financial Management Exam Questions and Answers 100% Pass Accounting - Answer- The business function responsible for creating the historical financial statements. Accounts Payable - Answer- A current liability that represents any money the firm owes suppliers and other firms. Typically the firm does not pay interest on accounts payable. Accounts Receivable (AR) - Answer- A type of current asset which represents any money owed to the firm for services rendered. Accounts Receivable ...

C214 Financial Management Concepts Exam Questions and Answers 1. The goal of the corporation is to: a. Maximize profits b. Maximize market share c. Maximize stock price d. Minimize risk - Answer- c. Maximize stock price 2. Risk premium is best described as a. Return on risky securities b. Compensation for risk-taking c. Return on stocks d. Expected return on securities - Answer- b. Compensation for risk-taking 3. What is the relationship between risk and required return? a. The two ...

WGU - C214: Financial Management Exam Questions and Answers If accounts receivable increases, what is the impact on CFO? - Answer- CFO decreases Are actual taxes paid the same as how on the GAAP income statement? - Answer- No. Actual Taxes = IRS Rules Income Statement = GAAP Which decisions require using subjective estimates? - Answer- Economic life of a new asset. If there is a 30% change of a recession, what is the probability of expansion? - Answer- 70% *The sum of probabilities mus...