PRAXIS Business-Education-Content-Knowledge-5101 : Praxis Business Education: Content Knowledge (5101)Exam

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

1. Which of the following is the best reason for completing a career assessment?

A) It defines significant industry trends.
B) It ensures a career in a high-demand field.
C) It reduces the chance of making a poor career choice.
D) It guarantees the correct career path.

2. Which of the following is most likely to teach skills that will help students make a smooth transition from school to work?

A) Making an educational plan
B) Joining a student organization
C) Developing an electronic portfolio
D) Searching for a part-time job

3. 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 a point-in-time snapshot of the assets, liabilities, and equity of a company
C) A record of the cash flow in and out of a company that divides cash into operating, investing, and financing activities
D) A record of a company's financial activities for parties including investors, management, and tax officials

4. To exchange one currency for another in international transactions, companies rely on a mechanism called the

A) Eurocurrency market
B) foreign exchange market
C) international bond market
D) international equity market

5. Which of the following best describes the market structure of the soft drink industry?

A) A monopoly that restricts further competition
B) An oligopoly that carries tight government restrictions
C) An oligopoly that requires a huge upfront investment
D) A monopoly that suffers from excessive competition

Solutions: