WGU D076 Quiz Bank (Latest Update) Finance Skills for Managers| Questions and Verified ANSWERs| 100% ANSWER| Grade A
Which area of finance deals with sources of funding and the
capital structure of corporations and seeks to increase the value
of a firm to its owners?
ANSWER: Business finance
ANSWER: Business finance focuses on funding, capital
structure, and maximizing firm value.
What is the primary difference between finance and accounting?
ANSWER: Finance focuses on the future, while accounting is
generally backward-looking.
ANSWER: Finance plans future resource use, while accounting
records past transactions.
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