WGU C708 Finance v4 Pre-Assessment Questions and Answers 100% Solved

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Which activity is financial management responsible for? ✔✔Ensuring sufficient financing is available What is one of the main areas of the financial environment? ✔✔Investments What is a comm... on 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 [Show More]

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