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

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

1. If a mortgage has a 12% annual rate of interest and a $45,375 principal balance at the start of June, what will the principal balance be at the end of June after a $650 payment is made?

A) $45,172.25
B) $44,731.50
C) $45,178.75
D) $44,725.00

2. Processing and organizing data to create, store, and retrieve documents is best known as

A) database management
B) file management
C) outsourcing
D) formatting

3. Which of the following best defines a legally enforceable contract?

A) Agreement, consideration, and the mandatory inclusion of gift promises and moral obligations
B) Agreement, consideration, contractual capacity, and the mandatory requirement that the object of the contract is lawful
C) Agreement, consideration, and the mandatory requirement that only one of the parties is required to be rational and sane
D) Consideration without the mandatory requirement of mutual assent by the parties of the offer and acceptance

4. In Jennifer's workplace, employees are encouraged to participate in problem-solving and quality improvement. Which of the following is true about Jennifer's employer?

A) Her employer practices employee empowerment.
B) Her employer risks encouraging power struggles.
C) Her employer takes a hands-off approach.
D) Her employer needs to be more proactive.

5. Distribution, pricing, and promotion of the product are presented in which section of the business plan?

A) Organization
B) Merchandising
C) Production
D) Marketing

Solutions: