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

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

2. Which of the following types of statements is referred to as a picture of a company in the future?

A) Closing statement
B) Value statement
C) Mission statement
D) Vision statement

3. The vast majority of funds appropriated in the form of grants under the Perkins Act is awarded to which of the following entities?

A) State education agencies
B) Early college high schools
C) Career and technology schools
D) School boards

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

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

5. Which of the following types of interviews should be conducted to ensure that assessments by key people are included in the hiring process?

A) Structured interviews
B) Sequential interviews
C) Stress interviews
D) Behavioral interviews

Solutions: