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HBX CORe Final Examination is a comprehensive test that covers all of the material presented in the course. The test is designed to evaluate a student's knowledge of the fundamental concepts of business, including accounting, economics, and business analytics. CORe exam is made up of multiple-choice questions, and students have a limited amount of time to complete the test.
HBX CORe (Credential of Readiness) program is an online business fundamentals program offered by Harvard Business School. It is designed to provide students with a comprehensive understanding of business concepts and practices. The program is divided into three courses: Business Analytics, Economics for Managers, and Financial Accounting. Upon completion of the program, students are able to earn the HBX CORe Certification.
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HBX CORe Final Examination Sample Questions (Q189-Q194):
NEW QUESTION # 189
In determining free cash flows, how is the change in net working capital calculated?
- A. Receivables minus Payables (year projected) - Receivables minus Payables (previous year)
- B. Current Assets minus Current Liabilities (year projected) - Current Assets minus Current Liabilities (previous year)
- C. Ending balance of cash (previous year) - Ending balance of cash (year projected)
- D. Current Assets (previous year) - Current Assets (year projected)
Answer: B
NEW QUESTION # 190
A college senior is considering starting a business instead of accepting a job that offers a $50,000 salary. To determine if there would be demand for the business, the student has spent $1,000 to survey potential customers. After collecting survey data, the student estimates that the business would earn $80,000 in revenues per year. The student should start the business if the annual cost of running the business is less than:
- A. $79,000
- B. $30,000
- C. $80,000
- D. $29,000
Answer: B
NEW QUESTION # 191
Which of the following options is an example of revenue?
- A. $10,000 received from a customer for goods purchased a month ago
- B. $20,000 received as a down payment from a customer when they placed their order
- C. An order for $3,000 received from a customer
- D. $300 received from a customer when they purchased and received an item
Answer: D
NEW QUESTION # 192
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. $234,000
- B. $246,000
- C. $240,000
- D. $241,800
Answer: B
NEW QUESTION # 193
Which of the following options is presented in the above accounting journal entry?
- A. Sale of goods on account
- B. Sale of goods at cost
- C. Capitalization of inventory
- D. Sale of fixed assets on credit
Answer: A
NEW QUESTION # 194
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