[Q53-Q76] The Best Valid CORe Dumps for Helping Passing CORe Exam!

NO.53 —
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.)

NO.54 The data below is a sampling of the percentage of smokers in a country’s population.
Suppose an additional country were added to the data with a smoking rate of 22.5%.

How would the mean and median be affected?

NO.55 Company A owns properties that it leases for use as plant and office space. Company A received $120,000 on June 25 from Company B as a lease payment for use of a building for six months beginning July 1. What entry would Company A make on July 31?

NO.56 Which of the following items can be found in the “Operating Section” of an indirect method cash flow statement? (Select all that apply.)

NO.57 A product manager wants to predict a sales team’s performance for the upcoming year based on the average price of the products the team sells and the number of staff members on the sales team. Team performance is measured on a scale from 0 to 100. The resulting regression equation is below:
Performance = 33.50 – 0.02(product price) + 0.79(number of staff members)
What is the predicted team performance for the upcoming year, given that the average price of products sold is forecasted to be $40, and there are 25 people on the sales team?

NO.58 The graph below reflects which of the following situations in the market for apples?

NO.59 The equilibrium quantity of sugar decreases, and the equilibrium price increases. Which of the following events would definitely result in these changes in the market for sugar?

NO.60 A music executive is trying to determine the effect that advertising expenditures (in dollars) have on digital music sales. After gathering sales data from the previous 12 quarters, the executive finds the effect that advertising expenditures have on digital music sales can be described by the following equation:
Digital music sales = 9,500 + 0.15*(advertising expenditures)
Based on this equation, which of the statements below is correct?

NO.61 A company believes a “low-cost” strategy would help increase revenues. The company lowers the price of its product but actually sees a decrease in revenues. What information could explain this result?

NO.62 A company’s retained earnings on Dec. 31st, 2009 to 2013 is as follows:

On the pro-forma income statement for 2014, the net income is $10,000. The expected dividends to be paid in 2014 is $3,500. What is the projected retained earnings on Dec. 31st, 2014?

NO.63 A manager wants to examine the effect of season (Spring, Summer, Autumn or Winter) and time of the game (Morning, Afternoon or Evening) on the number of television viewers for a National Basketball Association game. How many dummy variables should be included in the multipleregression?

NO.64 Which of the following options impact the balances shown in the investing section of the statement of cash flows? (Select all that apply.)

NO.65 Which of the following methods for valuing and expensing inventory is NOT allowed under the International Financial Reporting Standards (IFRS)?

NO.66 The Beveridge curve displays the relationship between the unemployment rate and the job vacancy rate (the number of unfilled jobs divided by the labor force). A government official wants to forecast the job vacancy rate for next month to see whether jobs posted now are likely to be filled. The official runs a simple regression using monthly U.S. data from 20012013; the results are given below.

If the unemployment rate next month is expected to be 6.6% and the vacancy rate this month was 2.58%, by how much is the vacancy rate forecasted to change? Note that percentages are given as values between 0 and 1.

NO.67 Changing accounting assumptions from year to year without having justifiable reasons for the changes is a departure from the accounting principle of:

NO.68 A hurricane has recently destroyed a major oil supplier’s oil rig located in the Gulf of Mexico. If price elasticity of demand for oil is 0, what effect would the hurricane have on the short-term market for oil?

NO.69 In the figure below, what do the two red lines represent?

NO.70 A professional football team is considering adding two more games to its season. Which of the following costs should team owners NOT consider when making this decision?

NO.71 A company reported the following information for 2013:

During 2013, the company purchased new inventory of $160,000. What amount should the company report as cost of goods sold on its 2013 income statement?

NO.72 The histogram below shows the Industrial Production Index, which measures the output of the manufacturing, mining, and utilities industries for 34 selected countries. After confirming that the data are accurate, economists studying the results are debating how to handle the value for Iceland, 187.4.

The economists are determined to present the most accurate depiction of the data for all 34 countries. Which of the recommendations below is BEST?

NO.73 Based on the histogram below, order the mean, median, and mode of the data from smallest to largest.

NO.74 Mobile telephone providers often require customers to enter two-year contracts, with the stipulation that these customers pay a termination fee if they would like to end their contracts early. A new mobile telephone provider offers to pay customers’ early termination fees if they are currently in a contract but would like to change providers. If the goal of the company is to gain as many new customers as possible, it might be offering this promotion in order to:

NO.75 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?

NO.76 Exhibit:

The scatterplot below shows the relationship between the number of wins for 30 Major League Baseball teams in 2013 and their respective payrolls. The best fit line is included in the scatterplot. Which option below MOST accurately describes the best fit line shown?