{"id":114082,"date":"2023-08-21T08:20:24","date_gmt":"2023-08-21T08:20:24","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=114082"},"modified":"2023-08-21T08:20:26","modified_gmt":"2023-08-21T08:20:26","slug":"wgu-c708-principles-of-finance-v4-pre-assessment-questions-and-answers-2023-2024-verified-answers","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/08\/21\/wgu-c708-principles-of-finance-v4-pre-assessment-questions-and-answers-2023-2024-verified-answers\/","title":{"rendered":"WGU C708 Principles of Finance V4 Pre-Assessment Questions and Answers 2023 \u2013 2024 (Verified Answers)"},"content":{"rendered":"\n

1 \/ 6
WGU C708 Principles of Finance V4 Pre-Assessment
Questions and Answers 2023 \u2013 2024
(Verified Answers)<\/p>\n\n\n\n

    \n
  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 ANS
    Collect-ing past-due accounts<\/li>\n\n\n\n
  2. Which activity is financial management responsible for ANS Ensuring
    suffi-cient financing is available<\/li>\n\n\n\n
  3. What is one of the main areas of the financial environment ANS
    Investments<\/li>\n\n\n\n
  4. What is a common challenge in the world of finance ANS It generally
    operateswith a high degree of uncertainty.<\/li>\n<\/ol>\n\n\n\n

    2 \/ 6<\/p>\n\n\n\n

      \n
    1. Which variable must be considered when a corporation’s finance department is determining the best strategy for financing a project ANS The
      amount ofdebt and equity financing currently in use<\/li>\n\n\n\n
    2. An individual is interested in establishing a lawn care business as a sole
      proprietorship.
      What will be a disadvantage of choosing this business model ANS
      Unlimitedliability<\/li>\n\n\n\n
    3. What is one benefit of a sole proprietorship ANS The owner has
      uninterruptedcontrol of the business.<\/li>\n\n\n\n
    4. What is a disadvantage of a general partnership ANS Owners’ personal
      assetsare not protected against claims of creditors.<\/li>\n\n\n\n
    5. What is one advantage of an LLC ANS Limited personal liability<\/li>\n\n\n\n
    6. What is an example of a potential principal-agent problem ANS
      Corporateexecutives buying other companies to expand their influence<\/li>\n\n\n\n
    7. An individual decides to sell corporate bonds to another investor.
      Which type of financial market or institution would be involved in this trans<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      1 \/ 6WGU C708 Principles of Finance V4 Pre-AssessmentQuestions and Answers 2023 \u2013 2024(Verified Answers) 2 \/ 6<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-114082","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/114082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=114082"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/114082\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=114082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=114082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=114082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}