ESB Practice Set 1

What is the passing score on the ESB test according to the Certiport testing portal?

• At least 32 out of 45 questions correct

• At least 50% of the questions correct

• At least 70% of the questions correct

• No specific number of correct answers required

Answer explanation

The passing score on the ESB test according to the Certiport testing portal is at least 32 out of 45 questions correct, as stated in the answer choices.

What will the ESB exam include unlike the Regional Micro-Enterprise Credential exam?

• Financial Management and Analysis questions

• Opportunity Recognition and Analysis questions

• Computational questions

• Marketing and Sales questions

Answer explanation

The ESB exam will include Computational questions unlike the Regional Micro-Enterprise Credential exam.

What should you do if you encounter a hard question on the ESB test?

• Answer it immediately to get it out of the way

• Skip it and come back later

• Guess the answer and move on

• Stop the test and ask for assistance

Answer explanation

Skipping the hard question and coming back later allows you to manage your time effectively and potentially gain insights from other questions that may help you answer it later.

What is the recommended action if you are stressed during the ESB test?

• Take a break and leave the test center

• Continue answering questions quickly

• Stay calm and keep going

• Immediately ask for technical assistance

Answer explanation

The recommended action if stressed during the ESB test is to stay calm and keep going, as panicking or leaving the test center can negatively impact your performance.

How many sections are there in the ESB Exam?

• 4

• 5

• 6

• 7

Answer explanation

There are 6 sections in the ESB Exam, making the correct answer choice 6.

Which is one of the greatest benefits of entrepreneurship?

• Working in an enterprise you're passionate about

• Meeting new people

• Paying less taxes

• Quick return on investment

Answer explanation

One of the greatest benefits of entrepreneurship is working in an enterprise you're passionate about, allowing for fulfillment and satisfaction in your work.

Which are three risks of entrepreneurship? (Choose three)

• Lack of motivation

• Isolation from meeting people

• Financial insecurity

• Potential business failure

• Long hours

Answer explanation

The three risks of entrepreneurship are lack of motivation, financial insecurity, and potential business failure.

Toni is about to launch a new business. The type of entrepreneurial behavior that Toni has been exhibiting can best be described as:

• computer literacy

• determination

• comfort engaging with team members

• pessimism

Answer explanation

Toni's behavior of launching a new business showcases determination, making it the best description of the entrepreneurial behavior exhibited.

According to the ESB Exam Study Guide, what percentage of the exam questions will focus on Opportunity Recognition and Analysis?

• 10 - 15%

• 15 - 20%

• 20 - 25%

• 25 - 30%

Answer explanation

The correct percentage of the exam questions focusing on Opportunity Recognition and Analysis is 15 - 20% according to the ESB Exam Study Guide.

What type of questions should students expect in the Opportunity Recognition and Analysis section of the ESB exam?

• Questions that require extensive calculations

• Scenario questions

• True or False questions

• Questions based on memorizing definitions

Answer explanation

The correct type of questions students should expect in the Opportunity Recognition and Analysis section of the ESB exam are scenario questions similar to question 6 below.