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Exam Name: HBX CORe Final Examination
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CORe New Free Study Guide Total Q&A: 265 Questions and Answers
Last Update: 2017-05-13
CORe PDF Download Detail: CORe New Free Study Guide
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NO.1 Which of the following options is an example of revenue?
A. $10,000 received from a customer for goods purchased a month ago
B. $300 received from a customer when they purchased and received an item
C. An order for $3,000 received from a customer
D. $20,000 received as a down payment from a customer when they placed their order
Answer: B
CORe Objectives CORe Dates
NO.2 A company's 2013 year-end balance sheet included the following:
The company's net cash from operating activities on its 2013 statement of cash flows is $200,000.
Current year depreciation expense is $25,000. What amount should the company report as net
income for 2013?
A. $175,000
B. $170,000
C. $130,000
D. $230,000
Answer: B
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