Pass Guaranteed Quiz 2023 Realistic Verified Free CORe Exam Dumps [Q69-Q89]

Q69. A financial planning software company has earned large profits for the past four years, attracting new entrants to the market. What effect does the new competition have on the original company’s market?

Q70. A market research team conducted a pilot test for its new product. The team observed 50 volunteers and recorded their response scores. Using the sample mean and standard deviation, ahypothesis test was performed to see if the average response score was greater than 90. The team calculated a p-value of 0.0477. Which of the following statements is correct?

Q71. A company reduces the price of its product, hoping to increase its overall profits. When the quarterly numbers come in, the company sees that the decrease in price has led to a decrease in profits. It decides to change the price back to its original price, but profits still do not recover to their original levels. What happened?

Q72. On the balance sheet, which of the following options would be included in the Paid-In Capital account?

Q73. Which of the following options is an example of an implicit transaction?

Q74. During 2013, a company’s prepaid expense decreased by $40,000, while its unearned revenue increased by $60,000. The company reported a pretax income under accrual basis of $250,000 on its 2013 income statement. What is the company’s pretax income under
cash basis of 2013?

Q75. Why are prices typically higher when a firm has monopoly power than when firms are perfectly competitive?

Q76. 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?

Q77. The assets of Company A at the end of their fiscal year are shown on the following common-size table.

Company A is MOST likely to be which of the following types of business?

Q78. When a company declares and pays dividends to its shareholders, which of the following options is affected?

Q79. Company A has a Weighted Average Cost of Capital (WACC) of 12 percent. They are evaluating four different projects/investments with financial flows as described below. Available funds are limited, so they can only pursue one of the investment alternatives. Each project/investment involves an initial outflow of $1,000,000 and has an eight year life.

Which project should they select?

Q80. 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?

Q81. A college has recently finished building a new dining hall on campus. School administrators wish to survey students regarding their thoughts on the new dining hall. Which of the options below represents a correct sampling method?

Q82. The owner of a small hardware store learns that a large competitor is opening a store nearby. The new competitor has smaller profit margins on each unit than the small store but earns profits through larger volume. Which of the following techniques would BEST help the small store remain competitive?

Q83. After a year of reduced profits, a commuter rail service has decided to charge a premium for peak hour users. In a media statement released to the public, the rail service company claimed that consumers will benefit from this decision. In what way could consumers benefit from this pricing structure?

Q84. 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?

Q85. A study was conducted to examine the relationship between age, education level, number of minor legal offenses, daily alcohol consumption, and annual income.

Based on the regression output below, what is the 95% confidence interval of the variable that has the highest statistical significance?

Q86. Company B is evaluating whether to repair or replace a piece of plant equipment. Which of the following factors would NOT be taken into consideration when determining the relevant cash flows?

Q87. A city concerned about its youth unemployment rate decided to offer a new vocational training program in the hopes of decreasing youth unemployment. Before the program began, the youth unemployment rate was 18%. Four years after the program began, the rate had fallen to 14%.
What is the correct null and alternative hypothesis pair for this situation?

Q88. A trainer believes that a new workout regimen has helped athletes score more points per game. If the previous mean for points scored per player per game was 5.3, which alternative hypothesis below is the trainer trying to substantiate?

Q89. What is the approximate poverty rate for the outlier in the scatterplot below?