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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

To calculate the net worth of a business, an entrepreneur should subtract

A. the current liabilities from the owner's equity
B. the liabilities from the total assets
C. the total expenditures from the total revenue
D. the liabilities from the current assets

Question 2

Which of the following describes how a company is most likely to benefit from expanding a product line?

A. Customers who are loyal to the company's brands will be likely to try its new products.
B. Consumers are assured that they can rely on consistency across all the company's brands.
C. Expanding a product line limits the company's allocation of preferred shelf space in the marketplace.
D. Expanding a product line lets the company expand a generic product line.

Question 3

Which of the following best describes the law governing the use of copyrighted materials in the classroom and the teacher's responsibility in using these materials?

A. Materials found on the Internet are not covered by copyright laws and may be used as teachers consider appropriate.
B. Teachers in public educational institutions have unlimited use of copyrighted materials.
C. Teachers may use unpublished materials as they consider appropriate.
D. Teachers must assume that materials found on the Internet are copyrighted and should apply their district's fair-use guidelines.

Question 4

The easiest and most popular business structure to implement is a

A. limited liability company
B. sole proprietorship
C. corporation
D. partnership

Question 5

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

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

Solutions: