WGU C214 Concepts Only Multi Choice Version
Trading on the NYSE is executed without a specialist (i.e. a market
maker). (T/F)
Stocks and bonds are two types of financial instruments (T/F)
The matching principle in accrual accounting requires that:
A basic equation for the balance sheet is:
Why is the Balance Sheet known as a permanent statement?
How do you calculate the change in Retained Earnings?
Which of the following is generally true?
Which components are part of total assets?
Which components are part of current assets?
Which components are part of Total Liabilities?
When Fixed Assets increase what happens to Cash?
Which is the purpose of the statement of cash flows?
The OIROI (Operating Income Return on Investment) uses what
elements on the income statement?
Why would a company be interested in the TAT-Total Asset
Turnover-ratio?
a
Which of the following gives the largest effective rate (APY)
What does the beta coefficient represent?
Why is depreciation expense taken out of the net income calculation, yet added back at the end?
Why is the NPV preferred over the IRR? Pick Two
What does the Degree of Financial Leverage indicate?
If a company has a high degree of financial leverage, what does
that tell us about the firm's risk profile?
What is the cash cycle?
Why is float important to understand?
What should a company do to manage its working capital?
What would be a source of information to determine Replacement
Cost?
What does the Sarbanes-Oxley Act require companies to do?
FINRA (Financial Industry Regulatory Authority) does the following: (pick one)
If a product is made 100% domestically, what can affect its domestic market?
If a company makes its product in a foreign country where labor
costs are much lower, what happens?
If the value of a dollar increases, the price of imports:
Why would a farmer buy a hedge when he signs a contract to sell
produce overseas?
Which components are part of current assets?
a. Cash, Accounts Receivable, Property Plant & Equipment
b. Accounts Receivable, Accounts Payable, Inventory
c. Long Term Debt, Property Plant & Equipment, Common Stock
d. Inventory, Cash, Accounts Receivable, Short Term Investments