ACTUAL BUSINESS-EDUCATION-CONTENT-KNOWLEDGE-5101 EXAM DUMPS WILL BE THE BEST CHOICE TO PREPARE FOR YOUR EXAM

Actual Business-Education-Content-Knowledge-5101 Exam Dumps Will Be the Best Choice to Prepare for Your Exam

Actual Business-Education-Content-Knowledge-5101 Exam Dumps Will Be the Best Choice to Prepare for Your Exam

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q112-Q117):

NEW QUESTION # 112
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 company's profits and expenses that shows whether the company made or lost money
  • 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

Answer: C

Explanation:
A balance sheet provides a snapshot of a company's financial position at a specific point in time, detailing its assets, liabilities, and equity. Option A describes financial reporting broadly, not specifically the balance sheet. Option B describes the income statement. Option C refers to the statement of cash flows. This question aligns with the Accounting and Finance category, emphasizing financial statements.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Financial Accounting, Chapter 2.


NEW QUESTION # 113
There arerunny factors of production thatcontribute to the output of a final product. Place thedescriptions below into the appropriate categories.

Answer:

Explanation:

Explanation:

The factors of production are categorized as Land (natural resources, e.g., minerals, water), Labor (human effort, e.g., workers' skills), Capital (physical assets, e.g., machinery, buildings), and Entrepreneurship (organizing resources and taking risks, e.g., business innovation). The question requires matching descriptions to these categories, a common task in economics education. The provided answer image correctly aligns the descriptions with each category. This question falls under the Economics category, emphasizing production factors.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Principles of Economics, Chapter 2.


NEW QUESTION # 114
Which of the following is characteristic of a laissez-faire management style?

  • A. Seeking input of all workers yet exercising total control
  • B. Taking charge and solely developing policies and procedures
  • C. Permitting employees to make independent decisions and providing only general guidance
  • D. Asking for employee input but failing to follow up on suggestions

Answer: C

Explanation:
Laissez-faire management involves minimal direct supervision, allowing employees to make independent decisions with general guidance. Option B describes a pseudo-democratic style. Option C is autocratic management. Option D indicates poor follow-through, not laissez-faire. This question falls under the Management and Marketing category, emphasizing management styles.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Management: Leading & Collaborating, Chapter 12.


NEW QUESTION # 115
Which of the following government practices is most likely to result in a budget surplus?

  • A. Revenue exceeds spending.
  • B. Revenue and spending are equal.
  • C. Social welfare programs are expanding.
  • D. Spending exceeds revenue.

Answer: A

Explanation:
A budget surplus occurs when government revenue (e.g., taxes) exceeds spending. Option A (spending exceeds revenue) results in a deficit. Option C (equal revenue and spending) creates a balanced budget, not a surplus. Option D (expanding welfare programs) likely increases spending, not guaranteeing a surplus. This question aligns with the Economics category, emphasizing fiscal policy.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Public Finance, Chapter 12.


NEW QUESTION # 116
According to the marketing concept, the focus of the marketing mix is the

  • A. customer
  • B. plan
  • C. competition
  • D. employee

Answer: A

Explanation:
The marketing concept emphasizes customer satisfaction as the core of business activities, with the marketing mix (product, price, place, promotion) designed to meet customer needs. Option A (plan) is a tool, not the focus. Option C (competition) is a consideration, not the primary focus. Option D (employee) is secondary to the customer. This question falls under the Management and Marketing category, emphasizing marketing principles.
Reference:ETS Praxis Business Education: Content Knowledge (5101) StudyCompanion, Section on Management and Marketing; Principles of Marketing, Chapter 1.


NEW QUESTION # 117
......

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