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WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
- Package deal
- • 5 items •
- WGU - C214 Financial Management – Final Exam Questions and Answers • Exam (elaborations)
- WGU C214 Financial Management Exam Questions and Answers • Exam (elaborations)
- c214 financial management exam questions and answers • Exam (elaborations)
- WGU - C214: Financial Management Exam Questions and Answers • Exam (elaborations)
- C214 Financial Management Concepts Exam Questions and Answers • Exam (elaborations)
WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A
C214 - Financial Management Exam Questions and Answers 100% Pass
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 ...
- Exam (elaborations)
- • 27 pages •
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 Exam 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...
- Exam (elaborations)
- • 26 pages •
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
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...
- Exam (elaborations)
- • 18 pages •
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...
c214 Financial Management WGU Exam Questions and Answers 100% Pass
c214 Financial Management WGU Exam 
Questions and Answers 100% Pass 
Trading on the NYSE is executed without a specialist T or F - Answer- False 
What are 2 types of financial instruments - Answer- Stocks and BondsM 
When revenue is matched with cost of sales in an income statement it is called? - 
Answer- matching principle 
A high quality customer just purchased $500,000 worth of product from your company. 
The contract calls for immediate delivery of this product with a cash payment of 
$300,...
- Exam (elaborations)
- • 15 pages •
c214 Financial Management WGU Exam 
Questions and Answers 100% Pass 
Trading on the NYSE is executed without a specialist T or F - Answer- False 
What are 2 types of financial instruments - Answer- Stocks and BondsM 
When revenue is matched with cost of sales in an income statement it is called? - 
Answer- matching principle 
A high quality customer just purchased $500,000 worth of product from your company. 
The contract calls for immediate delivery of this product with a cash payment of 
$300,...
C214 Financial Management Concepts Exam Questions and Answers
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 ...
- Package deal
- Exam (elaborations)
- • 17 pages •
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
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...
- Package deal
- Exam (elaborations)
- • 10 pages •
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...
c214 financial management exam questions and answers
c214 financial management exam 
questions and answers 
intrinsic value - Answer- the value of an asset computed with an economic model. 
Based on the cash flows generated from the security, intrinsically it is work XX amount 
Terminal Cash Flow (TCF) - Answer- cash flows that result from winding down a project 
at the end of its life; does no include final year's differnetial cash flow. 
EFN - Answer- external financing or funds needed. Another name for DFN 
bond rating - Answer- a rating assig...
- Package deal
- Exam (elaborations)
- • 11 pages •
c214 financial management exam 
questions and answers 
intrinsic value - Answer- the value of an asset computed with an economic model. 
Based on the cash flows generated from the security, intrinsically it is work XX amount 
Terminal Cash Flow (TCF) - Answer- cash flows that result from winding down a project 
at the end of its life; does no include final year's differnetial cash flow. 
EFN - Answer- external financing or funds needed. Another name for DFN 
bond rating - Answer- a rating assig...
WGU C214 Financial Management Exam Questions and Answers
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...
- Package deal
- Exam (elaborations)
- • 9 pages •
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...
WGU - C214 Financial Management – Final Exam Questions and Answers
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 
i...
- Package deal
- Exam (elaborations)
- • 7 pages •
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 
i...
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