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BE Praxis
Praxis
| Question | Answer |
|---|---|
| Which of the following is a primary reward for an entrepreneur? | Showcasing ones unique expertise and skills |
| Sarah wants to thank her manager for allowing her to attend a business-related seminar and then share what she learned from the seminar. Which of the following is the most appropriate form of communication for Sarah to use? | Letter |
| A CEO’s CEO’s administrative assistant wants to be certain that an e-mail written by another employee can be passed on to the CEO’s CEO’s subordinates. Before sending the e-mail, the administrative assistant should first consider if the e-mail | is approved by the author for the CEO CEO to forward |
| The actual rate of interest received on a savings account is called the | effective rate |
| Which of the following statements is true about strict liability in contracts? | It does not require a showing of negligence |
| Which of the following reflects the idea that consumers drive the economy because their preferences affect business decisions regarding production? | Consumer sovereignty |
| Leland works for a business that is owned by many people. However, according to the law, the business is treated as if it is owned by one person. This form of ownership is best known as a | corporation |
| Owners of a prospective start-up business have created a business plan identifying projected costs of operation, labor needs, and an appropriate location for the business. If the business fails, however, it is primarily due to | a lack of cash flow |
| Which of the following is the best example of something that can be copyrighted? | Advertisement for a private label of body lotion |
| The owner of a company that builds electric-car recharging stations is trying to determine whether or not to develop the California market. To adequately evaluate expansion conditions and demand for the stations, the owner needs meaningful information. Wh | Decision support system |
| In developing basic keyboarding skills, a teacher should place greatest emphasis on student behavioral objectives related to the | perception level of the psychomotor domain |
| The owner of an online store queries the customer database for birth dates in order to send customers a digital coupon for $5 off a single purchase made during their birth month. The owner’s actions are an example of which of the following? | Trawling |
| A business teacher wants to instruct students about effective communication skills. The teacher can best model communication skills by speaking | in reference to written notes |
| Which of the following provides a secure, reliable connection within a shared public network? | Virtual private network |
| Which of the following is the primary purpose of an accounting system? | To meet an organization’s need for accounting information as efficiently as possible |
| Which of the following statements is primarily accurate about true market economies? | The government removes barriers to trade |
| A manufacturer notices that prices in the market have increased. According to the laws of supply, it is most appropriate for the manufacturer to | produce more |
| Which of the following is the most appropriate way to begin a sales letter? | Asking a question to get the reader’s attention |
| Vance, the owner of an apparel store, advised Julia, the store manager, to use her best judgment when selecting merchandise for the store. Vance’s only caution was, “Do not buy designer jeans.” Later, Julia did purchase a line of designer jeans from Casua | had apparent authority to purchase the jeans |
| When the totals of a trial balance are equal, it can be determined that | equal amounts of debits and credits have been posted |
| The role of an advisory committee primarily involves | promoting public relations |
| Which of the following remedies would a buyer most likely seek when a seller breaches a contract and refuses to give up a unique gold coin? | Specific performance |
| The market value of a share of common stock is equal to the | current price at which the stock is trading |
| Which of the following is a primary cause of a discharge of all contractual duties? | Complete performance of the terms of the original contract |
| A balance sheet is best described as a | condition statement noting assets and claims against the assets |
| Which of the following is the first step in the managerial decision-making process? | Identifying an opportunity |
| An experienced accountant has been hired to manage an accounting firm. The job requirements include ensuring that all of the company’s goals are being met and evaluating employee performance. Which of the following management functions is most closely rel | Controlling |
| A person has just inserted a picture into a document. Which of the following is the name of the selected graphic’s display handles at each corner and middle location? | Resizing |
| The first step in the employment process for job candidates is | assessing their career interest and qualifications |
| A business teacher wants students to learn about exploring career choices. Which of the following student activities best meets the teacher’s objective? | Visiting a local college |
| Ms. Scalise, who runs an art gallery, offers to pay Mr. Patel $1,000 for an antique vase, and he agrees to the offer. For a contract to be enforceable, it must include an offer, an acceptance, and which of the following? | Consideration |
| A primary regulatory function of the United States government is protecting | competition |
| Which of the following teaching techniques would best address the requirements of special needs students in business education? | Providing repetition and review of lessons |
Created by:
tomness