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Business-Education-Content-Knowledge-5101 Test Pdf & New Business-Education-Content-Knowledge-5101 Exam Answers

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q42-Q47):

NEW QUESTION # 42
Stacey has just received her first paycheck. As a responsible spender, Stacey pays her housing, food, and necessary clothing expenses first. The money that remains after paying those expenses is called

A. disposable income
B. supplementary income
C. passive income
D. discretionary income

Answer: D

Explanation:
Discretionary income is the money remaining after paying for necessities like housing, food, and clothing, available for non-essential spending. Option A (disposable income) is income after taxes, including money for necessities. Option C (supplementary income) is not a standard term. Option D (passive income) is earned without active work, like investments. This question aligns with the Accounting and Finance category, emphasizing personal finance.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Personal Finance, Chapter 3.

NEW QUESTION # 43
A valuable student benefit of school-based enterprises (SBEs) is that SBEs provide students an opportunity to

A. work during study hall and lunch periods
B. develop a skill in lieu of attending college
C. earn extra money during the school day
D. learn and connect with real-world skills

Answer: D

Explanation:
School-based enterprises (SBEs) are student-run businesses that provide hands-on learning, allowing students to develop and connect with real-world business skills, such as marketing and management. Option A (earning money) is not the primary educational goal. Option B (in lieu of college) is not a universal outcome.
Option D (work during study hall) is logistical, not a benefit. This question falls under the Professional Business Education category, emphasizing experiential learning.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Professional Business Education; Career and Technical Education, Chapter 5.

NEW QUESTION # 44
Which of the following best describes the purpose of tabs in word-processing software?

A. To wrap text around a graphic
B. To create graphics
C. To single-space lines of text
D. To position text within a line

Answer: D

Explanation:
Tabs in word-processing software are used to position text at specific points within a line, creating aligned columns or indentations. Option A (create graphics) is unrelated to tabs. Option C (single-space lines) pertains to line spacing settings. Option D (wrap text around graphics) involves text-wrapping features, not tabs. This question falls under the Information Technology category, focusing on software functionality.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Information Technology; Introduction to Business Information Systems, Chapter 4.

NEW QUESTION # 45
Which of the following is a line of credit for which a customer pays a commitment fee and is then allowed to use the funds when they are needed?

A. Revolving credit
B. Service credit
C. Installment credit
D. Trade credit

Answer: A

Explanation:
Revolving credit, such as a line of credit, allows customers to borrow funds up to a limit, often with a commitment fee for access, and use them as needed, repaying and borrowing again. Option A (installment credit) involves fixed payments over time, like a car loan. Option C (service credit) is credit for services, like utility bills. Option D (trade credit) is short-term credit between businesses. This question falls under the Accounting and Finance category, focusing on credit types.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Fundamentals of Financial Management, Chapter 16.

NEW QUESTION # 46
Which of the following actions provides the best advantage for an international high-tech business over its global competitors?

A. Using developments created from research
B. Applying concepts of planned economies
C. Paying ad valorem tariffs
D. Enacting currency controls

Answer: A

Explanation:
An international high-tech business gains a competitive advantage by leveraging research and development (R&D) to create innovative products or processes, differentiating itself in the market. Option A (paying tariffs) increases costs, not advantages. Option B (currency controls) is a government policy, not a business action. Option C (planned economies) restricts market-driven innovation. This question aligns with the Economics category, emphasizing competitive strategies.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Strategic Management, Chapter 8.

NEW QUESTION # 47
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