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

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

1. One of the primary goals of individualized instruction in business education is to

A) encourage cooperation among all instructors of the same students
B) reduce the cost of instructional materials needed
C) teach general theories rather than specific skills that may become obsolete
D) allow the student to progress at the most appropriate rate

2. The term "laissez-faire" is primarily associated with a

A) command economic system
B) mixed economic system
C) free enterprise economic system
D) planned economic system

3. Under ordinary circumstances, the average amount of unemployment in an economy is called the

A) cyclical rate of unemployment
B) frictional rate of unemployment
C) typical rate of unemployment
D) natural rate of unemployment

4. Which of the following is a primary benefit of membership in a professional organization?

A) Increased annual salary
B) Decreased workload
C) Guarantee of specialized employment
D) Input into local, state, and national issues

5. Which of the following best describes a balance sheet?

A) A record of a company's profits and expenses that shows whether the company made or lost money
B) A record of the cash flow in and out of a company that divides cash into operating, investing, and financing activities
C) A record of a company's financial activities for parties including investors, management, and tax officials
D) A record of a point-in-time snapshot of the assets, liabilities, and equity of a company

Solutions: