[Jan-2022] CORe Exam Questions and Valid CORe Dumps PDF
CORe Brain Dump: A Study Guide with Tips & Tricks for passing Exam
HBX CORe Exam Certified Professional salary
United State - 100,200 USD
Europe - 70,500 EURO
India - 14,00,327 INR
England - 75,000 POUND
What is the duration, language, and format of the HBX CORe Exam
Type of Questions: Single and Multiple Choice.
Passing score: 70%
Number of Questions: 60
Language: English
Length of Examination: 120 minutes
NEW QUESTION 123
Which of the following items can be found in the "Operating Section" of an indirect method cash flow statement? (Select all that apply.)
- A. Purchases of property and equipment
- B. Issuance of common stock
- C. Depreciation and amortization amounts
- D. Cash paid in business combination
- E. Changes in inventory and accounts payable
Answer: C,E
NEW QUESTION 124
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A student is interested in which factors affect the U.S. poverty rate and develops a model using the following independent variables:
The unemployment rate The percent of the adult (over 25) population with at least a bachelor's degree The percent of the population without health insurance
The student collects data from each of the 50 states in the U.S. and Washington D.C. for the year 2012 and runs the regression in Excel. The results of this regression are given below. Based on these results, what does the model predict the poverty rate would be for a state for which the unemployment rate is 6%, 20% of all adults over 25 have at least a bachelor's degree, and 5% of the population does not have health insurance?
(Note that all percent values are given as numbers between 0 and 1.)
- A. 26.48%
- B. 14.14%
- C. 1.27%
- D. 1.14%
Answer: B
NEW QUESTION 125
A journalist believes that it is possible to predict the number of Winter Olympic medals a country will win by analyzing the country's gross domestic product (GDP) per capita in the year prior to the Olympics. The journalist collects data on the 26 countries that won medals at the 2010 Winter Olympics and performs a regression analysis. The results for this regression are provided below.
Based on the model's coefficients, by how many thousands of dollars does GDP per capita in a country need to increase on average in order for the country to win one more Winter Olympic medal?
- A. 3.25
- B. 0.31
- C. 4.55
- D. 0.22
Answer: C
NEW QUESTION 126
During a prolonged recession, a hotel chain sees reservations at one of its locations decline by five percent. The chain soon decides to close that location. Why would a small change in capacity utilization have this effect?
- A. Closing the location will allow the hotel chain to recover some of its sunk costs.
- B. The consumers most affected by the recession are generally those with lower willingness to pay.
- C. Fixed costs are too high for the hotel to remain profitable at this decreased quantity.
- D. Demand for hotel rooms in this location is extremely elastic.
Answer: C
NEW QUESTION 127
An individual is considering whether to fly or take the train for an upcoming trip. This individual works remotely for $10/hour, but will not be able to work while on the airplane or train. The flight would take two hours and cost $125; the train would take eight hours and cost $50. What are the respective total economic costs of taking the flight and taking the train?
- A. $145 and $130
- B. $75 and $175
- C. $20 and $80
- D. $125 and $50
Answer: A
NEW QUESTION 128
What is the set of accounting standards most commonly used by companies outside the US?
- A. Convergence of International Financial Reporting Standards (IFRS) and US Global Financial Accounting Standards (US GFAS)
- B. Global Financial Accounting Standards (GFAS)
- C. International Financial Reporting Standards (IFRS)
- D. US Generally Accepted Accounting Principles (US GAAP)
Answer: C
NEW QUESTION 129
The owner of a chain of convenience stores is concerned that store-level marketing expenditures are not increasing its stores' sales. In addition, the owner believes that an especially cold winter has caused sales to drop. The owner collects data in Dec. 2013 for a random sampling of 50 stores in the Midwestern region of the United States; a portion of this spreadsheet is given below.
In the regression specified above, which cell range belongs in the highlighted region?
- A. D1:D51
- B. B1:B51
- C. B1:C51
- D. C1:D51
Answer: A
NEW QUESTION 130
A company that does business in two neighboring countries is considering setting different prices for its product in each market. Which of the following factors should it NOT consider when trying to predict whether this pricing structure will be effective?
- A. Whether there are tax holidays in the two countries
- B. Whether the product is available in digital form
- C. Whether customers' willingness to pay is correlated with geography
- D. Whether the product can be ordered online
Answer: A
NEW QUESTION 131
Two competing companies sell very similar products that are manufactured in plants located near each other in the United States. Company A values inventory using last-in, first-out (LIFO) and uses accelerated depreciation for plant assets. Company B values inventory using first-in, first-out (FIFO) and uses straight-line depreciation. From this information, what conclusions can an analyst draw about the gross margin reported for the two companies?
- A. The gross margin would be higher for Company B.
- B. The analyst cannot draw conclusions from this information.
- C. The gross margin would be higher for Company A.
- D. The gross margin would be similar for both companies.
Answer: B
NEW QUESTION 132
A DVD manufacturer is considering shutting down its production facility and only selling its movies through digital downloads. The company has signed a contract to pay $3,000 a month for its production facility for the next three years. If the company continues to sell its movies as DVDs, it is projected to earn $8,500 in revenue and spend $3,500 in variable costs each month. Variable costs for the digital downloads are 0. Under what circumstances should the company switch to selling digital downloads?
- A. If the projected revenue from the digital downloads is more than $5,000 per month
- B. If the demand for movies is expected to decrease in the future
- C. If the projected revenue from the digital downloads is more than $2,000 per month
- D. If each digital download would earn more profits than each DVD sale
Answer: A
NEW QUESTION 133
A pharmaceutical company is developing a drug that aims to reduce the recovery time (in days) for a particular illness. To test the effect, the company gives 200 randomly selected patients a placebo and 200 randomly selected patients the new drug. The findings from the study are provided below.
Based on this output and a confidence level of 95%, which of the following options would be considered correct?
- A. The researchers would not reject the null hypothesis. Furthermore, they would continue production of the new drug, because there is evidence that it significantly lowers recovery time.
- B. The researchers would reject the null hypothesis. Furthermore, they would suspend production of the new drug, because there is no evidence that it significantly lowers recovery time.
- C. The researchers would not reject the null hypothesis. Furthermore, they would suspend production of the new drug, because there is no evidence that it significantly lowers recovery time.
- D. The researchers would reject the null hypothesis. Furthermore, they would continue production of the new drug, because there is evidence that it significantly lowers recovery time.
Answer: C
NEW QUESTION 134
A company purchased a piece of equipment for $100,000 on Jan. 1, 2012. The estimated useful life is 10 years with no salvage value at the end of the10-year period. The company used the straight-line method to depreciate this equipment in 2012. However, in 2013, the company decided to change the depreciation method to the double-declining method. What effect did this change in depreciation methods have on the income statement for 2013 and the balance sheet as of Dec. 31, 2013?
- A. The total assets decreased, and the net income decreased.
- B. The total assets increased, and the net income decreased.
- C. The total assets increased, and the net income increased.
- D. The total assets decreased, and the net income increased.
Answer: A
NEW QUESTION 135
The owner of a small bakery is interested in forecasting the bakery's total sales for a certain date. The owner believes that sales on a given day are influenced by the day's highest temperature (in degrees F) and whether the day falls on a weekend (Saturday or Sunday). A random sample of 60 days is taken from November 2013 to May 2014; the regression results are given below. If the high temperature for tomorrow, a Thursday, is forecasted to be 60 degrees F, what does the model predict the total sales will be?
Note that the weekend dummy variable takes a value of one for Saturday and Sunday and zero otherwise.
- A. $500.41
- B. $1,571.27
- C. $1,271.27
- D. $2,042.13
Answer: C
NEW QUESTION 136
Which of the following industries has the MOST competitors?
- A. An industry with high fixed costs
- B. An industry with high barriers to entry
- C. An industry with a high degree of horizontal differentiation
- D. An industry with a high degree of vertical differentiation
Answer: C
NEW QUESTION 137
A company provided the following information on its financial statements for 2013: What is the company's accounts receivable turnover ratio for 2013?
- A. 2.40
- B. 3.36
- C. 2.06
- D. 2.88
Answer: D
NEW QUESTION 138
Why would an entrepreneur want to operate a mobile food truck instead of a restaurant?
- A. In the short-run restaurants make zero economic profit.
- B. A mobile food truck invites a wider variety of customers than a restaurant.
- C. A mobile food truck has lower fixed costs than a restaurant.
- D. In the long-run restaurants make zero economic profit.
Answer: C
NEW QUESTION 139
A study was conducted to examine the effect of age, education level, number of minor legal offences, and daily alcohol consumption on annual income.
Which of the following hypothesis tests is NOT conducted in the multiple linear regression output table?
- A. A hypothesis test for the significance of age on annual income, provided that education level, number of minor legal offenses, and daily alcohol consumption remain constant
- B. A hypothesis test for the significance of annual income on the four independent variables
- C. A hypothesis test for the significance of education level on annual income, provided that age, number of minor legal offenses, and daily alcohol consumption remain constant
- D. A hypothesis test for the significance of all four independent variables on annual income
Answer: B
NEW QUESTION 140
A company reported income before taxes of $800,000 for Year 2. The company did not have temporary taxable differences at the end of Year 1 but reported a net deferred tax asset of $6,000 for Year 2. The effective income tax rate is 30 percent. What amount should the company pay as income tax for Year 2?
- A. $240,000
- B. $246,000
- C. $234,000
- D. $241,800
Answer: B
NEW QUESTION 141
Why are prices typically higher when a firm has monopoly power than when firms are perfectly competitive?
- A. Monopolies are profit maximizing, while perfectly competitive firms are not.
- B. Competitive firms do not have enough market power to produce where marginal revenue equals marginal cost.
- C. A competitive firm has less incentive to keep prices high on inframarginal customers.
- D. A monopolist cannot sustain profits without expanding production.
Answer: C
NEW QUESTION 142
As of Dec. 31, 2013, a company had current assets of $600,000 and current liabilities of
$300,000. Sales of the company are expected to increase by 10 percent for each of the next two years. If all current asset and current liability accounts increase proportionately with sales, what would be the projected current ratio of the company on Dec. 31, 2015?
- A. 2.42
- B. 2.20
- C. 1.65
- D. 2.00
Answer: D
NEW QUESTION 143
A new smartphone is being released at a price of $100. A customer with a willingness to pay (WTP) of $105 walks to the store, sees that there is a long line, and decides to leave. Another customer with a WTP of $113 arrives at the store at the same time and decides to wait in the line. What can an observer deduce from this observation?
- A. The second customer has a higher opportunity cost of time than the first.
- B. The second customer considers the cost of waiting in line to be $13.
- C. The first customer considers the cost of waiting in line to be more than $5.
- D. The first customer has a higher opportunity cost of time than the second.
Answer: C
NEW QUESTION 144
What is the main difference between the US Generally Accepted Accounting Principles (US GAAP) and the International Financial Reporting Standards (IFRS)?
- A. IFRS provides fewer accounting choices to companies compared to US GAAP.
- B. IFRS is used globally and follows a principles-based approach.
- C. IFRS is based on a rules-based approach.
- D. US GAAP follows a principles-based approach.
Answer: B
NEW QUESTION 145
An apparel company is negotiating a new contract with one of its fabric suppliers. Under which of the following conditions will the apparel company have power to bargain for a lower price in the negotiations?
- A. If the apparel company's employees would need training to use a new supplier's materials
- B. If the apparel industry is growing quickly
- C. If quality of its fabric is important to the apparel company
- D. If the supplier has several competitors and only a few customers
Answer: D
NEW QUESTION 146
Which of the following options is an example of an implicit transaction?
- A. A depreciation expense for an asset placed in service eight months ago
- B. A sales order from a customer for a product to be shipped in two weeks
- C. An invoice for services provided by the pension fund administrator
- D. An invoice for an item of plant equipment that was just purchased
Answer: A
NEW QUESTION 147
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Introduction to HBX CORe Exam
Credential Preparation (CORe) is a comprehensive online program that includes three training courses: Service Analysis, Business Economics for Managers, and Financial Accounting, designed to help you become familiar with business language. It will undoubtedly expand the capabilities of widely positioned and important beliefs and add certainty to business discussions and momentum.
To obtain proof of eligibility, members must do the following:
Participate sufficiently in the circulations through reflections and new steps, for example
Carefully total all modules based on shared outage hours
Demonstrate hardware mastery with an excellent module test surface
Simplify the end-of-year exam scoring for each of the three-section courses
Our HBX CORE practice tests and HBX CORE Dumps will definitely help you understand the language of the organization. You will surely develop essential localized reasoning ability and certainty to contribute to business and dynamic discussions. The final and crucial CORe test is a three-hour closed post-assessment, with different decisions, conveyed by the HBS online course phase. The test is used for participants after a successful conclusion of the program for specific time periods after the cut-off time of the last component. The exam is divided into three areas: Organizational Analysis, Economics for Supervisors, and Financial Accounting, and you have one hour to complete each segment. Each of the 3 test locations will have 45 questions, of which a large section will be a different option or a different selection. You can complete exams in any application and it is not necessary to complete all segments at the same time. However, when you start a component, a clock will start and it will also be scanned based on the number of questions completed during that period.
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