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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. Which of the following is true of a corporation?
2. When itemizing deductions on a federal tax return, an individual taxpayer may be able to deduct all but which of the following?
3. 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?
4. Which of the following are not protected by copyright law?
5. If a government implements an import tariff on consumer electronics, what is it most likely trying to accomplish?
6. Refer to the following table:

Investor A

Investor B

Investor C

Investor D

Stocks

20%

85%

70%

50%

Bonds

70%

10%

20%

50%

Cash

10%

5%

10%

0%


If Investor D’s stocks have an average return of 8.8% during the year, and Investor D’s bonds have an average return of 5.2%, what is the average overall return on Investor D’s portfolio?
7. Which of the following countries would be considered an emerging market?
8. Which of the following best describes Congress’ purpose in setting up Freddie Mac in 1970?
9. 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 options listed in the table would require the family to pay the highest amount of interest, total?
10. Which of the following activities would most effectively and comprehensively assess students’ mastery of learning objectives for a unit about small business?
11. A new manager with ABC Industries has noticed that many of his employees are chronically late to work. To remedy the problem, the manager decides to implement a bonus system that will financially reward employees who are on time to work for ten consecutive days. According to B.F. Skinner’s Operant Conditioning theory, what type of behavior modification approach is the manager using?
12. Which of the following types of assets would not be subject to depreciation?
13. Which of the following is not true of stock dividends?
14. Which of the following is not typically cited as a potential cause of oil price increases?
15. 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?
16. The main function of a human resources department is to:
17. Microsoft Excel would most likely be used for which of the following tasks?
18. Which of the following steps might a company take in order to prevent unauthorized individuals from accessing confidential data?
19. Upon which organization does the international community primarily rely to deal with claims of unfair protectionism by one country against another?
20. Refer to the following table:

Investor A

Investor B

Investor C

Investor D

Stocks

20%

85%

70%

50%

Bonds

70%

10%

20%

50%

Cash

10%

5%

10%

0%


Which of the investors has the portfolio that is exposed to the greatest amount of risk?
21. According to the National Environmental Policy Act of 1967, a business is required to prepare an environmental impact statement (EIS) when it:
22. 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


A family wants to buy a new car, and is trying to decide between four different car and car loan options. Which of the loans would require them to pay the least amount of money overall, including the down payment and the monthly payments?
23. On the Internet, links are used in all but which of the following ways?
24. Which of the following is not a part of Maslow’s hierarchy of needs?
25. An individual who is about to retire and wants to earn interest without risking his or her principal would most likely be advised to invest in: