Study guides, Class notes & Summaries

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

WGU C214 Pre-Assessment - Updated December 2023-100% Correctly Solved How can a private firm appropriately maximize shareholder value? -Answer-By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? -Answer-Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? -Answer-Bonds What are t...

WGU C214 Pre-Assessment Exam Questions and Answers 2024 How can a private firm appropriately maximize shareholder value? -Answer-By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? -Answer-Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? -Answer-Bonds If a company outsources ...

WGU - C214 Financial Management – Final Exam Questions and Answers Statement of Cash Flows -Answer-Shows the change in cash balance for a period of time. Focuses only on items where cash is received, or cash is paid. Cash Flow from Operating Activities (CFO) -Answer-Cash flow that a company generates as a result of day-to-day business operations. Deals with Current Assets and Current Liabilities. Cash Flow from Investing Activities (CFI) -Answer-Cash flow that is generated from investm...

How can a private firm appropriately maximize shareholder value? - ANSWER-By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? - ANSWER-Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? - ANSWER-Bonds If a company outsources the manufacturing of its products to a foreign count...

The goal of the corporation is to: - ANSWER-maximize stock price What makes an efficient market? - ANSWER-Competitive market, liquidity, transparency What is the relationship between risk and required return? - ANSWER-As risk increases, required return increases. What are the 3 main financial statements? - ANSWER-Income statement, the Balance Sheet., and the statement of cash flows Which financial statement reflects a POINT in time (not a period in time) - ANSWER-Balance sheet Wha...

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

What standards are used to help US investors understand and compare foreign financial statements to domestic financial statements? - ANSWER-International Financial Reporting Standards When a company is optimizing its resources and maintaining or improving productivity, they are engaging in what hypothesis - ANSWER-Efficient Market Hypothesis What is the basic type of negotiable debt? - ANSWER-Bonds What is the characteristic of a stock sold in the secondary markets? - ANSWER-Stocks sold...

How can a private firm appropriately maximize shareholder value? - ANSWER-By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? - ANSWER-Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? - ANSWER-Bonds and Stocks If a company outsources the manufacturing of its products to a fo...