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

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

1. 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) $2,975
B) $3,000
C) $3,150
D) $3,465

2. Which of the following sentences is free of any gender, nationality, age, or race bias?

A) Cho Yung is a hardworking exchange student who excels in science.
B) Firemen are the bravest and most courageous people in the world.
C) His conservative views will benefit the company's bottom line.
D) We need someone young and energetic to man the stockroom.

3. Which of the following statements best describes a recession?

A) Demand for goods and services rises and productivity falls.
B) Demand for goods and services falls and unemployment rises.
C) The amount of goods a given amount of money buys declines.
D) Businesses expand production and unemployment rises.

4. A business teacher shares details about an effective cross-curricular lesson plan with a math colleague who is working on a related subject. Which of the following directions of communication does the situation best represent?

A) Upward
B) Horizontal
C) Vertical
D) Downward

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

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

Solutions: