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TExES Business and Finance 6-12 (276) Practice Test
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There are five content areas, called domains, on the test. Each content area tests in several categories. Finance: Tests knowledge of money matters, such as comparing and contrasting investment strategies Banking and financial services, including how to utilize banking information systems Securities and investments, which includes selecting client investments and calculating asset values Insurance operation, which includes techniques to identify fraud Basic and advanced accounting by showcasing critical thinking skills independently and in teams Financial analysis to solve... Show more
TExES Business and Finance 6-12 (276) Practice Test
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25 Questions

1. In order to facilitate communication between employees within a company, the company is considering providing all employees with unlimited access to a file that contains employee names, work phone numbers and addresses, work email addresses, birthdates, and social security numbers. What confidentiality issues would this new policy raise?
2. Which of the following activities that are conducted by high school student leadership organizations would be the most effective tool for teaching business skills?
3. Which of the following steps might a company take in order to prevent unauthorized individuals from accessing confidential data?
4. A combination of slow economic growth and high inflation is called:
5. On the Internet, links are used in all but which of the following ways?
6. At a meeting with shareholders, an executive would be most likely to use which of the following visual aids to present a report on monthly stock gains and losses over a one-year period?
7. Search engine optimization (SEO) is the process of:
8. Which of the following business careers could a teacher safely recommend for a student who would not enjoy working with the public on a regular basis?
9. In order to present a business plan to a group of potential investors, a businessperson would most likely use which software?
10. The par value of a bond is the:
11. The main function of a human resources department is to:
12. A shareholder owns 200 shares of stock XYZ at $58 each. If there is a 2-1 stock split, how many shares will that shareholder have, and what will the new share price be?
13. Refer to the following table:

Sticker price of the car

Down payment

Monthly payment

Term of loan

Option A

$8,000

$0

$330

36 months

Option B

$8,000

$3,000

$160

60 months

Option C

$15,000

$0

$250

60 months

Option D

$15,000

$5,000

$400

36 months


Which of the four options listed in the table would require the family to pay the least amount of interest, total?
14. The Equal Employment Opportunity Commission (EEOC) is responsible for enforcing all but which of the following laws?
15. A successful manager will be able to effectively delegate:
16. A manufacturing company implements anti-pollution measures as outlined by applicable legislation, but opts not to adopt any additional anti-pollution measures. This company has most likely adopted which of the following approaches to business-society relations?
17. Which of the following best describes Congress’ purpose in setting up Freddie Mac in 1970?
18. According to the National Environmental Policy Act of 1967, a business is required to prepare an environmental impact statement (EIS) when it:
19. Microsoft Excel would most likely be used for which of the following tasks?
20. Frank is 33 years old and married, with 2 children. He has $40,000 in his retirement account, which is earning an average of 5% annually, and $10,000 in his personal savings account, which is earning 2% annually. He is current with his mortgage, and has $50,000 left to pay at a rate of 6%. Frank also has $30,000 in credit card debt with an average rate of 13%. If Frank wants to increase his chances of retiring comfortably, what would the best way be for him to spend a Christmas bonus of $10,000?
21. According to Fayol’s Administrative Theory of Management, which of the following is a correct list of the five essential functions of management?
22. Which of the following correctly summarizes the accounting equation for a sole proprietorship?
23. GDP measures a country’s:
24. If the U.S. Federal Reserve concludes that there is a significant risk of inflation, it will most likely:
25. Based on the information in the table below, which of the following lists correctly orders the businesses from least to most risky for investors?

Name of Business

Credit Rating

Business A

BBB

Business B

BB

Business C

AA

Business D

AAA