Finance > QUESTIONS & ANSWERS > WGU C708 Finance v4 Pre-Assessment question with accurate answers, 100% Accurate. Rated A+ (All)

WGU C708 Finance v4 Pre-Assessment question with accurate answers, 100% Accurate. Rated A+

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WGU C708 Finance v4 Pre-Assessment question with accurate answers, 100% Accurate. Rated A+ Which activity is financial management responsible for? - ✔✔-Ensuring sufficient financing is availab... le What is one of the main areas of the financial environment? - ✔✔-Investments What is a common challenge in the world of finance? - ✔✔-It generally operates with a high degree of uncertainty Which variable must be considered when a corporation's finance department is determining the best strategy for financing a project? - ✔✔-The amount of debt and equity financing currently in use An individual is interested in establishing a lawn care business as a sole proprietorship. What will be a disadvantage of choosing this business model? - ✔✔-Unlimited liability What is one benefit of a sole proprietorship? - ✔✔-The owner has uninterrupted control of the business. What is a disadvantage of a general partnership? - ✔✔-Owners' personal assets are not protected against claims of creditors. What is one advantage of an LLC? - ✔✔-Limited personal liability What is an example of a potential principal-agent problem? - ✔✔-Corporate executives buying other companies to expand their influence An individual decides to sell corporate bonds to another investor. Which type of financial market or institution would be involved in this transaction? - ✔✔-Retail securities firm A firm wants to sell new shares of stock. Which other institution is invol [Show More]

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