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

1. 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) passive income
B) disposable income
C) discretionary income
D) supplementary income

2. Which of the following terms is best defined as the unscrupulous acquisition of financial information on the Internet?

A) Spamming
B) Phishing
C) Downloading
D) Blogging

3. The process of gathering and analyzing information about customers and markets is called

A) relationship research
B) market research
C) consumer research
D) financial research

4. The term "laissez-faire" is primarily associated with a

A) free enterprise economic system
B) planned economic system
C) mixed economic system
D) command economic system

5. Which of the following is most likely to teach skills that will help students make a smooth transition from school to work?

A) Making an educational plan
B) Searching for a part-time job
C) Joining a student organization
D) Developing an electronic portfolio

Solutions: