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

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

1. Stacey has just received her first paycheck. As a responsible spender, Stacey pays her housing, food, and necessary clothing expenses first. The money that remains after paying those expenses is called

A) disposable income
B) discretionary income
C) passive income
D) supplementary income

2. The primary purpose of the income statement of a business is to provide

A) the debt-to-equity ratio of the business on a specific date
B) a listing of accounts receivable and accounts payable on a specific date
C) the financial projections for the business for a specific period of time
D) the financial progress of the business for a specific period of time

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

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

4. A business owner has just purchased a piece of equipment for $3,500. The terms of the purchase state that if the balance is paid in full within 30 days, the buyer will receive 1% off. If the owner pays in full two weeks after the purchase, which of the following is the amount the owner will pay?

A) $3,000
B) $3,465
C) $3,150
D) $2,975

5. Which of the following is a market in which a group of companies buys and resells goods to companies that use these goods to create other products?

A) Organizational market
B) Governmental market
C) Demographic market
D) Consumer market

Solutions: