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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

1. Martha sold 1,000 poinsettia plants at $9 each and had 100 remaining in inventory. Joe sold 1,000 poinsettia plants at $8 each and had none remaining in inventory. Which of the following can be inferred from the scenario?

A) Only Joe's price is at equilibrium.
B) Joe's price and Martha's price are at equilibrium.
C) Martha's price is below equilibrium.
D) Joe's price and Martha's price are above equilibrium.

2. A business that installs a voiceprint system on its computer network is most likely concerned about

A) the security of data
B) the currency of data
C) the reliability of data
D) organizing files

3. Which of the following do shareholders receive either quarterly or annually, when the board of directors authorizes a distribution of company earnings?

A) Royalties
B) Short-term capital gains
C) Dividends
D) Long-term capital gains

4. Which of the following forms of business ownership is treated as a legal person separate and distinct from its owners and can initiate a legal action on its own behalf?

A) Syndicate
B) Homeowners' association
C) For-profit corporation
D) General partnership

5. Which of the following is a primary reason for a country to employ the policy of protectionism?

A) Competition forces businesses to be more efficient and productive.
B) Foreign competition can lower the demand for products made domestically.
C) Consumers have more choice in the variety, price, and quality of products.
D) New jobs are created in areas such as global trade.

Solutions: