WGU D076 BUS 2040 Finance Skills for Managers Final Assessment Review (Qns & Ans) 2026

WGU D076 BUS 2040 Finance Skills for Managers Final Assessment Review (Qns & Ans) 2026

1. Which of the following is a primary objective of financial
   management?
    - A. Maximizing sales revenue
    - B. Minimizing operational costs
    - C. Maximizing shareholder wealth
    - D. Expanding market share
    - ANS: C. Maximizing shareholder wealth
2. - Rationale: The primary objective of financial management
   is to maximize shareholder wealth by increasing the value of the
   firm's stock.
   2. What is the primary purpose of capital budgeting?
    - A. To manage day-to-day expenses
    - B. To evaluate long-term investment opportunities
    - C. To prepare financial statements
    - D. To calculate tax liabilities
    - ANS: B. To evaluate long-term investment opportunities
    - Rationale: Capital budgeting involves evaluating and
   selecting long-term investment projects that will generate future
   cash flows.
   3. Which of the following is an example of a liquidity ratio?
    - A. Debt-to-equity ratio
    - B. Current ratio
    - C. Return on equity
    - D. Gross profit margin
    - ANS: B. Current ratio