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

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

Question 1

Which of the following components of a business plan primarily illustrates industry knowledge as well as any industry research findings and conclusions?

A. Market analysis
B. Organization and management
C. Executive summary
D. Service or product line

Question 2

Which of the following best describes a balance sheet?

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

Question 3

Which of the following is the best way for a person to gain the job experience needed in a particular area?

A. Visiting an employment agency
B. Researching employment websites
C. Networking with friends and family
D. Finding and obtaining an internship

Question 4

Which of the following is characteristic of a laissez-faire management style?

A. Seeking input of all workers yet exercising total control
B. Asking for employee input but failing to follow up on suggestions
C. Permitting employees to make independent decisions and providing only general guidance
D. Taking charge and solely developing policies and procedures

Question 5

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

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

Solutions: