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

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

1. 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 company's financial activities for parties including investors, management, and tax officials
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

2. Which of the following types of reports presents facts, draws conclusions, and makes recommendations?

A) Informational
B) Periodic
C) Progress
D) Analytical

3. Martha sold 1,000 poinsettia plants at $9 each and had 100 remaining in inventory. Joe sold 1,000 poinsettia plants at $8 each and had none remaining in inventory. Which of the following can be inferred from the scenario?

A) Only Joe's price is at equilibrium.
B) Joe's price and Martha's price are at equilibrium.
C) Martha's price is below equilibrium.
D) Joe's price and Martha's price are above equilibrium.

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) Downward
C) Vertical
D) Horizontal

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: