Business-Education-Content-Knowledge-5101 Download Fee - Valid Test Business-Education-Content-Knowledge-5101 Format
Business-Education-Content-Knowledge-5101 Download Fee - Valid Test Business-Education-Content-Knowledge-5101 Format
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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q28-Q33):
NEW QUESTION # 28
A company's financial statements show the following for the fiscal year: total assets of $1,200,000, total liabilities of $750,000, net income of $150,000, and dividends paid of $50,000. The company has no preferred stock, and the beginning retained earnings were $200,000. What is the company's ending retained earnings?
- A. $350,000
- B. $300,000
- C. $400,000
- D. $250,000
Answer: B
Explanation:
Retained earnings represent the cumulative net income retained by a company after dividends. The formula for ending retained earnings is: Ending Retained Earnings = Beginning Retained Earnings + Net Income # Dividends. Given the beginning retainedearnings of $200,000, net income of $150,000, and dividends of
$50,000, the calculation is: $200,000 + $150,000 # $50,000 = $300,000. Option A ($250,000) incorrectly omits net income or miscalculates dividends. Option C ($350,000) ignores dividends. Option D ($400,000) adds dividends instead of subtracting. This question tests advanced financial statement analysis, a critical component of the Accounting and Finance category, requiring precise application of the retained earnings formula under time pressure, typical of the Praxis 5101 exam's complexity.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Financial Accounting, Chapter 11.
NEW QUESTION # 29
A student is daydreaming about weekend plans instead of listening to a lesson. When the teacher calls upon the student to answer a question, the student cannot recall the content taught. Which of the following types of communication barriers is primarily affecting the student's listening ability?
- A. Attitudinal
- B. External
- C. Physical
- D. Internal
Answer: D
Explanation:
Internal barriers to communication arise from within the individual, such as distractions or lack of focus.
Daydreaming about weekend plans is an internal distraction, preventing the student from listening effectively.
Option A (external) refers to outside distractions, like noise. Option C (physical) involves environmental factors, like distance or hearing issues. Option D (attitudinal) relates to biases or attitudes, not daydreaming.
This question aligns with the Communication and Career Development category, emphasizing listening skills.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 4.
NEW QUESTION # 30
A business education teacher is preparing a lesson on contract law and wants to illustrate a scenario where a contract is voidable due to misrepresentation. Which of the following scenarios best demonstrates a voidable contract due to fraudulent misrepresentation?
- A. An employer offers a job candidate a salary that is lower than advertised, but the candidate accepts without noticing the discrepancy.
- B. A vendor sells a used laptop to a student, claiming it is new, knowing it was refurbished, and the student relies on this claim when purchasing.
- C. A retailer sells a product with a minor defect that does not affect its functionality, and the buyer does not inspect the product before purchase.
- D. A company signs a lease agreement with a landlord who mistakenly lists the wrong square footage, but the company signs without verifying the details.
Answer: B
Explanation:
A voidable contract can be canceled by one party due to fraudulent misrepresentation, which requires a false statement of fact, made knowingly or recklessly, with intent to induce reliance, and actual reliance causing harm. In Option A, the vendor's claim that the laptop is new, despite knowing it is refurbished, is a deliberate false statement, inducing the student's purchase, making the contract voidable due to fraud. Option B involves a mistake, not fraudulent misrepresentation, as there's no intent to deceive. Option C is a negotiation issue, not misrepresentation, as the offer was clear. Option D involves a minor defect, not a false statement of fact, and lacks fraudulent intent. This question tests nuanced understanding of contract law, a key area in the Business Law category, challenging candidates to distinguish between types of misrepresentation and contract enforceability, reflecting the Praxis 5101 exam's depth.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Business Law; Business Law: Text and Cases, Chapter 12.
NEW QUESTION # 31
Which of the following laws establishes the right to form unions?
- A. Taft-Hartley Act
- B. National Labor Relations Act
- C. Norris-LaGuardia Act
- D. Fair Labor Standards Act
Answer: B
Explanation:
The National Labor Relations Act (NLRA) of 1935, also known as the Wagner Act, establishes workers' rights to form unions, engage in collective bargaining, and participate in strikes. Option B (Norris-LaGuardia Act) limits injunctions against unions but does not establish the right to form them. Option C (Taft-Hartley Act) regulates union activities but does not grant formation rights. Option D (Fair Labor Standards Act) addresses wages and hours, not unions. This question falls under the Business Law category, focusing on labor law.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Business Law; Business Law: Text and Cases, Chapter 34.
NEW QUESTION # 32
Which of the following business education practices would effectively produce graduates with marketable employment skills?
- A. Keeping abreast of changes in computer software
- B. Maintaining enrollments at consistently high levels
- C. Creating an itemized list of students currently enrolled in the program
- D. Keeping a checklist of equipment and materials to be ordered on an annual basis
Answer: A
Explanation:
Keeping abreast of changes in computer software ensures students learn current, relevant technology skills, enhancing their employability in modern workplaces. Option B (high enrollments) focuses on quantity, not skill quality. Option C (student list) is administrative, not skill-focused. Option D (equipment checklist) supports infrastructure, not direct skill development. This question aligns with the Professional Business Education category, emphasizing curriculum relevance.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Professional Business Education; Career and Technical Education, Chapter 3.
NEW QUESTION # 33
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