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

1. Which of the following best illustrates a progressive tax system?

A) Taxpayers pay a flat percentage tax on sales, so that those who spend more pay more in taxes.
B) All taxpayers pay the same percentage of their income in taxes, with those who have higher incomes paying more in taxes.
C) Taxpayers pay a flat percentage tax based on the total value of their real estate holdings.
D) Taxpayers pay taxes based on income brackets, with the percentage of taxes paid on income increasing as the taxpayer moves to a higher bracket.

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

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

3. Which of the following steps in new product development should occur first?

A) Idea evaluation
B) Idea generation
C) Commercialization
D) Business analysis

4. Of the following software applications, which is most effective for generating pie charts and bar graphs to illustrate a company's end-of-year profits?

A) A desktop publishing program
B) A database program
C) A spreadsheet program
D) A word processing program

5. Which of the following is a recommendation statement for a business report?

A) All employees should receive formal training on the network.
B) Employees lack the confidence to use the network.
C) The network is not functioning correctly.
D) Over half of the employees could not complete an evaluation of the network.

Solutions: