A company wants to keep operating while it restructures its debts under court protection. Which chapter of the U.S. Bankruptcy Code does a business most often use for that?Wikipedia, "Chapter 11, Title 11, United States Code". Written to GACE Business (715) testlet 224, objective 0001
A manager emails a notice to 60 customers and does not want any of them to see the others' addresses. Which address field should hold the 60 addresses?Wikipedia, "Blind carbon copy". Written to GACE Business (715) testlet 224, objective 0002
A roofer offers to replace a roof for $9,000. The homeowner answers, "I accept, if you do it for $8,000." In contract law, what is the answer?Wikipedia, "Offer and acceptance". Written to GACE Business (715) testlet 224, objective 0001
A store owner authorizes a buyer to sign purchase contracts with suppliers in the store's name. In the law of agency, what is the store owner?Wikipedia, "Law of agency". Written to GACE Business (715) testlet 224, objective 0001
In a low-context culture, how is the meaning of a business message mostly carried?Wikipedia, "High-context and low-context cultures". Written to GACE Business (715) testlet 224, objective 0002
Show all 48 questions (43 more)
Business foundations: law and communication, continued
In a meeting an account manager restates a client's concern in her own words and asks whether she has it right. Which communication skill is this?Wikipedia, "Active listening". Written to GACE Business (715) testlet 224, objective 0002
Under the statute of frauds, which of these agreements must be in writing to be enforced?Wikipedia, "Statute of frauds". Written to GACE Business (715) testlet 224, objective 0001
Which document is the usual choice for a short written message to staff inside the same organization?Wikipedia, "Memorandum". Written to GACE Business (715) testlet 224, objective 0002
Business management 10
A bank designs one savings plan for customers aged 18 to 25 and another for retirees. Which basis of market segmentation is it using?Wikipedia, "Market segmentation". Written to GACE Business (715) testlet 225, objective 0002
A coffee roaster starts to sell through grocery stores as well as its own cafés. Which element of the marketing mix has it changed?Wikipedia, "Marketing mix". Written to GACE Business (715) testlet 225, objective 0002
A company based in one country owns and runs factories in three others. What kind of firm is it?Wikipedia, "Multinational corporation". Written to GACE Business (715) testlet 225, objective 0002
A Georgia firm buys a machine priced at 4,500 euros when 1 U.S. dollar buys 0.90 euro. What is the price in dollars?Wikipedia, "Exchange rate". Written to GACE Business (715) testlet 225, objective 0002
A manager gives an experienced design team full freedom to choose its methods and deadlines and steps in only when asked. Which leadership style is this?Wikipedia, "Leadership style". Written to GACE Business (715) testlet 225, objective 0001
A nonexempt warehouse clerk earns $22 an hour and logs 45 hours in one workweek. What is the least the Fair Labor Standards Act lets her be paid for the week?Wikipedia, "Fair Labor Standards Act of 1938". Written to GACE Business (715) testlet 225, objective 0001
A supervisor believes that employees are self-motivated and will seek out responsibility. Which view of workers does she hold?Wikipedia, "Theory X and Theory Y". Written to GACE Business (715) testlet 225, objective 0001
A union and a hospital negotiate a three-year contract that sets wages, hours and working conditions. What is this process called?Wikipedia, "Collective bargaining". Written to GACE Business (715) testlet 225, objective 0001
Each quarter a sales director sets the revenue actually booked beside the forecast and changes the call plan when revenue lags. Which function of management is this?Wikipedia, "Control (management)". Written to GACE Business (715) testlet 225, objective 0001
Each supervisor in a call center directs 12 agents. What does the number 12 describe?Wikipedia, "Span of control". Written to GACE Business (715) testlet 225, objective 0001
Financial analysis 10
A business buys a $5,000 printer and pays cash. Which journal entry records the purchase?Wikipedia, "Debits and credits". Written to GACE Business (715) testlet 226, objective 0001
A delivery van costs $26,000, is expected to last 6 years and to be worth $2,000 at the end. What is the yearly straight-line depreciation?Wikipedia, "Depreciation". Written to GACE Business (715) testlet 226, objective 0001
A firm borrows $30,000 from a bank and puts the cash in its checking account. How does the accounting equation change?Wikipedia, "Accounting equation". Written to GACE Business (715) testlet 226, objective 0001
A firm uses electricity in December, gets the bill in January and pays it in February. Under the accrual basis of accounting, in which month is the expense recorded?Wikipedia, "Basis of accounting". Written to GACE Business (715) testlet 226, objective 0001
A food truck sells plates at $12. Each plate costs $4.50 in food and packaging, and fixed costs are $6,000 a month. How many plates must it sell in a month to break even?Wikipedia, "Break-even point". Written to GACE Business (715) testlet 226, objective 0002
A garden center buys a fruit tree for $36 and marks it up 60% on cost. What is the selling price?Worked from the figures in the question and worked a second time. Written to GACE Business (715) testlet 226, objective 0002
A sales representative earns $400 a week plus a 6% commission on sales. What does she earn in a week when she sells $8,500?Worked from the figures in the question and worked a second time. Written to GACE Business (715) testlet 226, objective 0002
An invoice for $1,500 carries the terms 2/10, n/30. How much settles it if it is paid on day 8?Wikipedia, "Discounts and allowances". Written to GACE Business (715) testlet 226, objective 0002
For the year a bookstore reports revenue of $410,000, cost of goods sold of $246,000 and operating expenses of $119,000. What are its gross profit and its operating profit?Wikipedia, "Gross income". Written to GACE Business (715) testlet 226, objective 0001
Which financial statement lists what a business owns and owes on one given date?Wikipedia, "Balance sheet". Written to GACE Business (715) testlet 226, objective 0001
Technology, economics and career development 8
A job applicant sends a one-page letter with her résumé that introduces her and explains her interest in the opening. What is the letter called?Wikipedia, "Cover letter". Written to GACE Business (715) testlet 502, objective 0002
A student wants paid on-the-job training in a trade, joined with related study, under skilled workers. Which program fits?Wikipedia, "Apprenticeship". Written to GACE Business (715) testlet 502, objective 0002
In a market economy, what mainly guides decisions about what to produce?Wikipedia, "Market economy". Written to GACE Business (715) testlet 502, objective 0001
In the customer table of a relational database, which field makes the best primary key?Wikipedia, "Primary key". Written to GACE Business (715) testlet 502, objective 0001
To sign in to the payroll system an employee types a password and then a one-time code sent to her phone. What is this security method called?Wikipedia, "Multi-factor authentication". Written to GACE Business (715) testlet 502, objective 0001
What is a career and technical student organization (CTSO)?Wikipedia, "Career and technical student organization". Written to GACE Business (715) testlet 502, objective 0002
Which federal law, first authorized in 1984 and reauthorized in 2018, aims to raise the quality of career and technical education?Wikipedia, "Carl D. Perkins Vocational and Technical Education Act". Written to GACE Business (715) testlet 502, objective 0002
Which person is acting as an entrepreneur?Wikipedia, "Entrepreneurship". Written to GACE Business (715) testlet 502, objective 0001
Financial literacy 12
A borrower pledges her car as collateral for a loan. What kind of loan is this?Wikipedia, "Secured loan". Written to GACE Business (715) testlet 501, objective 0003
A car dealer's loan papers must show the annual percentage rate and the finance charge in a standard form. Which federal law requires disclosures of this kind?Wikipedia, "Truth in Lending Act". Written to GACE Business (715) testlet 501, objective 0002
A desk lamp priced at $64 is marked 25% off, and 6% sales tax is charged on the sale price. What does the buyer pay?Worked from the figures in the question and worked a second time. Written to GACE Business (715) testlet 501, objective 0001
A driver is at fault in a crash that damages another person's car. Which part of her auto policy pays for that car?Wikipedia, "Vehicle insurance in the United States". Written to GACE Business (715) testlet 501, objective 0002
A paycheck for two weeks shows gross earnings of $1,840. Withholding and other deductions come to 22% of gross. What is the take-home pay?Worked from the figures in the question and worked a second time. Written to GACE Business (715) testlet 501, objective 0001
A tenant's apartment building burns. What does the tenant's own renters insurance cover?Wikipedia, "Renters' insurance". Written to GACE Business (715) testlet 501, objective 0002
After the end of the year, which form does an employer give each employee to show the wages paid and the taxes withheld?IRS, About Form W-2, Wage and Tax Statement. Written to GACE Business (715) testlet 501, objective 0001
An employee earns $48,000 a year and puts 5% of it into a 401(k). The employer adds 50 cents for each dollar she puts in. How much goes into the account in a year?Worked from the figures in the question and worked a second time. Written to GACE Business (715) testlet 501, objective 0003
Loan A is $10,000 at 6% simple annual interest for 3 years. Loan B is $10,000 at 5% simple annual interest for 4 years. Which costs less interest, and by how much?Worked from the figures in the question and worked a second time. Written to GACE Business (715) testlet 501, objective 0003
Luis wants an emergency fund equal to three months of expenses. He spends $2,150 a month and has $1,950 saved. If he adds $250 a month, how long will it take?Worked from the figures in the question and worked a second time. Written to GACE Business (715) testlet 501, objective 0001
What does an investor own after buying shares of a company's stock?Investor.gov (U.S. Securities and Exchange Commission), Stocks. Written to GACE Business (715) testlet 501, objective 0003
Which federal agency insures deposits at federally insured credit unions?National Credit Union Administration, Share Insurance Fund Overview. Written to GACE Business (715) testlet 501, objective 0002
How this list was compiled: Our own questions, written to the framework of the GACE Business (6–12) assessment (715) on the GACE website of the Evaluation Systems group of Pearson, https://www.gace.es.pearson.com/studyguide/framework/715 and https://www.gace.es.pearson.com/test/715, read 2026-10-12: five testlets of about 20, 25, 25, 20 and 30 selected-response questions (224 Business Foundations; 225 Business Management; 226 Financial Analysis; 502 Technology, Economics, and Career Development; 501 Financial Literacy), 120 in all. This bank holds 8, 10, 10, 8 and 12, which is 40% of each testlet, split inside each testlet by the published objective shares (4/4, 6/4, 6/4, 4/4, 4/4/4). Every fact was read on the page named under its question, each opened 2026-10-12: Wikipedia articles and pages of the IRS, the National Credit Union Administration and Investor.gov. The 13 answers that are arithmetic were each worked a second time. Licence: Questions, choices and explanations are original work of this site.
How it works
This GACE business education practice test asks 48 questions of our own on Business (6–12), test 715, the content assessment for Georgia business teachers. It is unofficial and not affiliated with the Georgia Professional Standards Commission or Pearson.
Read the full guide
The five testlets
Business Foundations (224) and Technology, Economics, and Career Development (502) have about 20 questions each, Business Management (225) and Financial Analysis (226) about 25 each, and Financial Literacy (501) about 30. This bank holds 8, 8, 10, 10 and 12, the same shares.
Clock and exam mode
On the real test the first four testlets get 30 minutes each and Financial Literacy gets 45: 2 hours 45 minutes for 120 questions. Exam mode here runs 48 questions in 66 minutes, the same pace.
Questions with figures
13 of the 48 are calculations, such as overtime pay, markup, break-even, depreciation, net pay and interest. The GACE page lists no reference materials for this test.
Financial Literacy is the largest testlet, a quarter of the score, and the same testlet is part of GACE Economics and GACE Mathematics.
Questions and answers
Is this the GACE Business Test I and Test II?
The GACE site today lists one business assessment, Business (6–12), test 715, taken as five testlets. The Commission says the supplier changed from ETS to Pearson and that passing scores cannot be split between the two suppliers.
How many questions are on the GACE business education test?
It has 120 selected-response questions in five testlets. The GACE site adds that an assessment may carry trial questions, under evaluation for later use, that do not affect the score.
What is a passing score on the GACE business test?
The GACE site asks for 220 total cumulative points or higher and for the floor, a minimum score, on each testlet. This page gives a number right, never a pass or a fail.
Is there a GACE business education study guide?
Yes: the GACE website has a study guide for Business (6–12), test 715, with the five testlets and their objectives. The questions here are written to those objectives, and none is taken from its sample questions.
Can the five testlets be taken on different days?
Yes. The GACE site says you may sign up for any combination of testlets, all five included, in one testing session. Each session adds 15 minutes for a tutorial and a nondisclosure agreement.