WGU D076 Finance Skills for Managers Exam (New 2024/ 2025 Update) | Questions and Verified Answers| 100% Correct| A Grade
QUESTION
The name for
... [Show More] interest rate when used in time value of money calculations.-
Answer:
Discount Rate
QUESTION
Finding a present value given a future value.
Answer:
Discounting
QUESTION
Accounts that do not vary automatically with sales but are left to the discretion of management.
Answer:
Discretionary Accounts
QUESTION
The additional financing needed given a firm's expectations for future growth.
Answer:
Discretionary Financing Needed (DFN)
QUESTION
The process of "spreading" your money over many different assets.
Answer:
Diver- sification
QUESTION
A model used to evaluate common stock that calculates the value of a share of common stock today by taking the present value of future dividend cash flows.
Answer:
Dividend Discount Model
QUESTION
A feature of preferred stock specifying that if a company ignores preferred stock dividends, it cannot pay anything to its common stockholders.
Answer:
Divi- dends in Arrears
QUESTION
An expanded formula of the return of equity, net margin times total asset turnover times leverage multiplier, which represent the components of prof- itability, activity (efficiency), and financing.
Answer:
DuPont Framework
QUESTION
A market in which prices fully relect all the available information about a specific security.
Answer:
Efficient market
QUESTION
Everything that a person owns or controls, especially at death.
Answer:
Estates
QUESTION
An issue in the process of deciding between multiple options where no option is completely acceptable from an ethical standpoint.
Answer:
Ethical Dilemma
QUESTION
Following accepted standards of moral conduct.
Answer:
Ethics
QUESTION
A hypothesized estimate of future prices or returns under different scenar- ios based on expectational data.
Answer:
Expected Return
QUESTION
Another name for the discretionary financing needed or additional funds needed. It represents the additional financing needed given a firm's expecta- tions for future growth.
Answer:
External Financing Needed (EFN)
QUESTION
The sum of money that a corporation promises to pay at the expiration of a bond; also called par value.
Answer:
Face Value
QUESTION
The study of managing and allocating funds at the personal or business level.
Answer:
Finance
QUESTION
An area of finance that includes firms or organizations that exist to accept a wide variety of deposits, to offer investment products to individuals and businesses, to provide loans, or to broker financial transactions.
Answer:
Financial Institutions
QUESTION
A person who makes strategic financial decisions in a corporation.
Answer:
Finan- cial Managers
QUESTION
Incorporating new finance ideas within a firm.
Answer:
Financial Policy Implementa- tion [Show Less]