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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 statements is true about all issued common stocks?

A) They are secured by the tangible assets of a corporation.
B) They are a form of direct financing.
C) Ownership is transferred on organized stock exchanges.
D) They pay periodic dividends that are fixed in nominal terms.

2. As a consequence of bankruptcies resulting from fraudulent accounting practices and lack of ethical behavior by corporate officials, the United States Congress passed legislation in 2002 in an attempt to increase the accountability of corporate executives. Which of the following laws did Congress pass for this purpose?

A) Robinson-Patman Act
B) Provide Appropriate Tools Required to Intercept and Obstruct Terrorism (PATRIOT) Act
C) Consumer Credit Protection Act
D) Sarbanes-Oxley Act

3. Which of the following doctrines entitles a teacher to use portions of copyrighted material?

A) Professional use
B) Acceptable use
C) Fair use
D) Common use

4. Establishing and maintaining high standards in how work is done and in the output of goods and services is commonly referred to as

A) effective production
B) standardization
C) customer service
D) total quality management

5. Which of the following best describes a balance sheet?

A) A record of a company's financial activities for parties including investors, management, and tax officials
B) A record of a point-in-time snapshot of the assets, liabilities, and equity of a company
C) A record of a company's profits and expenses that shows whether the company made or lost money
D) A record of the cash flow in and out of a company that divides cash into operating, investing, and financing activities

Solutions: