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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q32-Q37):

NEW QUESTION # 32
What do parentheses around a numeric entry on a spreadsheet, such as (5543.32), indicate?

A. A calculation of net profit
B. A negative number
C. A conditional statement in the spreadsheet
D. A numeric value intended to be treated as an alphabetic entry

Answer: B

Explanation:
In spreadsheets like Microsoft Excel, parentheses around a numeric entry, such as (5543.32), indicate a negative number, a standard accounting convention for displaying losses or debits. Option A (net profit) is unrelated to formatting. Option C (conditional statement) pertains to formulas, not display. Option D (alphabetic entry) is incorrect, as the value remains numeric. This question aligns with the Information Technology category, emphasizing spreadsheet conventions.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Information Technology; Microsoft Excel Documentation, Number Formatting.

NEW QUESTION # 33
Which of the following is a form of secondary research?

A. Reviewing personnel data in company records
B. Observing customer behavior
C. Interviewing an employee
D. Administering a questionnaire to employees

Answer: A

Explanation:
Secondary research involves analyzing existing data or records, such as reviewing personnel data in company records. Options B, C, and D (interviewing, observing, administering questionnaires) are primary research methods, as they collect original data directly from sources. This question falls under the Communication and Career Development category, focusing on research methods in business contexts.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Research Methods, Chapter 5.

NEW QUESTION # 34
Which of the following types of reports presents facts, draws conclusions, and makes recommendations?

A. Progress
B. Analytical
C. Periodic
D. Informational

Answer: B

Explanation:
Analytical reports present data, analyze it to draw conclusions, and provide recommendations based on the findings. Option B (informational) reports only present facts without analysis or recommendations. Option C (periodic) reports provide regular updates, often without deep analysis. Option D (progress) reports track project advancements, not necessarily with conclusions or recommendations. This questionfalls under the Communication and Career Development category, focusing on business reporting.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 10.

NEW QUESTION # 35
Of the following, the factor generally considered to be the most important in determining the success of a typical convenience store is

A. pricing analysis
B. store site
C. analysis of distribution
D. promotional programs

Answer: B

Explanation:
The store site is the most critical factor for a convenience store's success, as location drives customer traffic and accessibility. Option A (promotional programs) is secondary to location. Option C (distribution analysis) and Option D (pricing analysis) are important but less critical than site selection. This question aligns with the Management and Marketing category, emphasizing retail strategy.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Retailing Management, Chapter 7.

NEW QUESTION # 36
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. $400,000
B. $250,000
C. $300,000
D. $350,000

Answer: C

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 # 37
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Reliable Business-Education-Content-Knowledge-5101 Test Experience | Business-Education-Content-Knowledge-5101 Reliable Exam Question

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q32-Q37):

2025 Reliable Business-Education-Content-Knowledge-5101 Test Experience Pass Certify | Efficient Business-Education-Content-Knowledge-5101 Reliable Exam Question: Praxis Business Education: Content Knowledge (5101)Exam

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