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Exam Business-Education-Content-Knowledge-5101 Vce | Business-Education-Content-Knowledge-5101 Latest Test Question

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q67-Q72):

NEW QUESTION # 67
The vast majority of funds appropriated in the form of grants under the Perkins Act is awarded to which of the following entities?

A. Career and technology schools
B. School boards
C. Early college high schools
D. State education agencies

Answer: D

Explanation:
The Carl D. Perkins Career and Technical Education Act provides federal funding primarily to state education agencies, which then distribute funds to local schools and institutions for career and technical education programs. Option A (school boards) may receive funds indirectly. Option C (career and technology schools) and Option D (early college high schools) are specific recipients, not primary awardees. This question aligns with the Professional Business Education category, focusing on educational funding.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Professional Business Education; U.S. Department of Education, Perkins Act Guidelines.

NEW QUESTION # 68
Which of the following best describes the market structure of the soft drink industry?

A. An oligopoly that requires a huge upfront investment
B. A monopoly that restricts further competition
C. An oligopoly that carries tight government restrictions
D. A monopoly that suffers from excessive competition

Answer: A

Explanation:
The soft drink industry is an oligopoly, dominated by a few major firms (e.g., Coca-Cola, PepsiCo), requiring significant upfront investment for production, branding, and distribution. Option A is incorrect, as government restrictions are not uniquely tight. Option B (monopoly) is incorrect, as multiple firms compete.
Option D (monopoly with excessive competition) is contradictory and incorrect. This question falls under the Economics category, focusing on market structures.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Industrial Organization, Chapter 7.

NEW QUESTION # 69
Which of the following is a market in which a group of companies buys and resells goods to companies that use these goods to create other products?

A. Demographic market
B. Governmental market
C. Consumer market
D. Organizational market

Answer: D

Explanation:
The organizational market (also called the business-to-business or B2B market) involves companies purchasing goods to use in producing other products or for resale. Option A (consumer market) involves end consumers. Option B (demographic market) is not a standard term but refers to consumer segments. Option C (governmental market) involves government purchases, not necessarily for production. This question aligns with the Management and Marketing category, emphasizing market types.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Principles of Marketing, Chapter 6.

NEW QUESTION # 70
Which of the following best describes the relationship between a firm's assets, liabilities, and owners' equity?

A. An annual report
B. The statement of cash flows
C. Net worth
D. The accounting equation

Answer: D

Explanation:
The accounting equation, Assets = Liabilities + Owners' Equity, defines the relationship between a firm's resources (assets), obligations (liabilities), and owners' residual claims (equity). Option A (net worth) is a derived value, not the equation itself. Option B (statement of cash flows) tracks cash movements, not this relationship. Option C (annual report) is a comprehensive document, not a specific equation. This is a core concept in the Accounting and Finance category.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Accounting Principles, Chapter 1.

NEW QUESTION # 71
Which of the following is the best reason for completing a career assessment?

A. It guarantees the correct career path.
B. It reduces the chance of making a poor career choice.
C. It ensures a career in a high-demand field.
D. It defines significant industry trends.

Answer: B

Explanation:
A career assessment helps individuals identify their interests, skills, and values, reducing the likelihood of choosing an unsuitable career by providing informed guidance. Option A is incorrect, as no assessment guarantees a career path. Option B (industry trends) is not the primary focus of career assessments. Option C (high-demand field) is not ensured, as assessments prioritize fit over demand. This question falls under the Communication and Career Development category, focusing on career planning.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Career Development and Planning, Chapter 2.

NEW QUESTION # 72
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