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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 is the best example of engaging with an external business communication?

A) Analyzing an annual draft stock report from the chief financial officer
B) Reading a Material Safety Data Sheet for a recently purchased chemical product
C) Considering an invitation from quality control to attend a Six Sigma meeting
D) Studying recruits' personality test scores prepared by human resources

2. Which of the following management styles supports the idea that employees are just a replaceable resource and not the core of the organization?

A) Democratic
B) Paternalistic
C) Laissez-faire
D) Autocratic

3. In international trade, the practice of dumping refers to

A) exporting normal-quality products at a price below the home market cost
B) exporting unwanted products out of the country of origin
C) exporting high-quality products at a price equivalent to the cost of production
D) exporting low-quality products at a price above the normal value

4. The current ratio of a business is computed by

A) subtracting total liabilities from total assets
B) dividing the current assets by the current liabilities
C) dividing net worth by net income
D) dividing the current assets by the net income

5. Which of the following best describes the relationship between a firm's assets, liabilities, and owners' equity?

A) Net worth
B) The statement of cash flows
C) The accounting equation
D) An annual report

Solutions: