CORe Dumps 2022 New HBX CORe Exam Questions [Q28-Q46]

NEW QUESTION 28
If demand for cigarettes is relatively inelastic, how should a government implement a $1 per pack excise tax on cigarettes if the government’s goal is to minimize cigarette consumption?

NEW QUESTION 29
Company A has been profitable for the past five years but the Retained Earnings reported on the financial statements has not grown. Which of the following statements could explain the situation?

NEW QUESTION 30
A company collected $10,000 from a customer in payment for goods sold to the customer a month ago on credit. How would the collection impact the accounting equation?

NEW QUESTION 31
In order to predict an employee’s probability of success at work, a company requires employees to complete a test that measures Intelligence Quotient (IQ) and Emotional Intelligence Quotient (EQ). A new manager at the company believes that the probability of being successful at work is closely related to an employee’s Reputation Quotient (RQ).

Based on the two regressions outputs below, does adding the RQ component help forecast the probability of being successful at work?

NEW QUESTION 32
A mutual fund manager believes that a new research method will provide better returns for clients. The manager’s historical monthly return prior to the new research method was 0.46%. After the manager began using the new method the monthly return was 0.57%. After running a hypothesis test, the manager saw that the one sided p-value was 0.029. Assuming a 95% confidence level, which of the conclusions below would be correct?

NEW QUESTION 33
A student is deciding whether to attend a two-year graduate school program. The tuition is $12,500 per year and the cost of books and supplies is an additional $1,000 per year. The studentcould work instead of going to graduate school and earn $50,000 per year. What is the economic cost of attending graduate school for the student?

NEW QUESTION 34
A coal burning power plant in upstate New York has been the only provider of power in the region for many years. Recently, a plant that uses wind to create energy was built nearby. The wind plant produces less energy than the coal plant but at a lower cost. Will the coal plant be able to remain competitive in this new market environment?

NEW QUESTION 35
In determining Earnings before Interest and Taxes (EBIT), an analyst needs to make what adjustments to the net income amount with regards to income statement items? (Select all that apply.)

NEW QUESTION 36
A researcher wants to determine the relationship between the number of sea-turtles and the depth of the ocean.

Based on the data below, select the correct columnsfor the Excel regression inputranges.
(Select all that apply.)

NEW QUESTION 37
Why are ratios important when comparing different companies within the same industry?

NEW QUESTION 38
A manager at an internet retailer wants to determine whether a recent change in the company’s supply chain strategy has affected the amount of time it takes for an order to reach a customer. The historical average amount of time from placing the order to final delivery is 5.2 days. A random sample of 60 orders taken after the implementation of the new strategy indicates an average delivery time of 4.5 days with a standard deviation of 1.4 days. The manager wishes to perform a hypothesis test at a 95% confidence level. Which option represents the correct calculation for the range of likely sample means? Please note that the function for confidence intervals in Excel is =CONFIDENCE.NORM(alpha, standard_dev, size).

NEW QUESTION 39
A student gathers information and performs a regression analysis comparing a person’s undergraduate GPA to that person’s starting salary after college graduation.

Based on this regression, what would a student with a GPA of 3.67 expect to earn on average upon college graduation?

NEW QUESTION 40
A restaurant that sells hamburgers is considering lowering prices to gain market share. The restaurant pays $3,000 a month for the building it occupies, and ingredients and labor cost $2.50 per hamburger. If the restaurant expects to sell 2,000 hamburgers a month, what is the minimum price it could charge?

NEW QUESTION 41
A group of season ticket holders wants to forecast what the total attendance at National Football League (NFL) games will be next season. A study by the US Census Bureau predicts that the total US population next year will be 310.738 million and the percent change in disposable income per capita will be 1.0%.

Based on the regression output below, which of the following figures is the MOST accurate prediction for total NFL attendance next season?

NEW QUESTION 42
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?

NEW QUESTION 43
A heavily populated town with many gas stations has an average price of $3.25 for a gallon of gasoline. However, one gas station charges $3.60 for a gallon of gasoline and remains very competitive in the market. Which of the following situations could NOT explain this gas station’s success?

NEW QUESTION 44
Which of the following transactions is presented in the above journal entry?

NEW QUESTION 45
Accounting standards establish that companies should depreciate a long-lived physical asset, because:

NEW QUESTION 46
Deferred Taxes can be which of the following account types? (Select all that apply.)