240's TExES Business and Finance 6-12 Study Guide Is 99% Test-Aligned

240's TExES Business and Finance 6-12 study guide is built around the official exam framework so you can study what is actually tested. This page shows exactly how the guide maps to the real exam — SMR by SMR and competency by competency — so you can see where coverage is strongest, where some depth gaps remain, and how each part of the guide supports your prep.

99%
test-aligned
170
Fully covered
5
Partially covered
0
Coverage gap
Based on a competency-by-competency review of the official framework and the lessons, practice questions, flashcards, videos, and study materials included in this guide.
983
Practice Questions
1094
Flashcards
101
Study Materials
0
Videos

Why Test Alignment Matters for Your TExES Business and Finance 6-12 Study Guide

Certification test standards are broad, but the exam questions are very specific. Our team of curriculum experts uses the 240 Study Guide Creation Process to ensure the most aligned, specific content for your TExES Business and Finance 6-12 (276) test — so you are not wasting time on broad subject review that may not show up on exam day.

Why 240 Is the Best Choice for the TExES 276 Study Guide
  • Built around the official exam framework
  • Organized by the competencies actually used on the exam
  • Shows exactly what is covered and where depth is partial
  • Includes aligned questions, flashcards, study materials, and videos
  • Helps candidates study what is actually tested instead of broad generic content
Transparent coverage is a strength. We show where the guide is strong, where depth is partial, and where a gap has been identified so you can make an informed study decision.

How to Read This Alignment Review

5 domains · 175 competencies reviewed · 99% test-aligned
Covered— competency is comprehensively supported by the guide
Partially covered— core content is covered, but some depth gaps remain
Coverage gap identified— a content gap has been identified
This study guide is based on the current official exam framework
We review and update alignment whenever the official framework changes so candidates are always studying current, accurate material.
DOMAIN I Partially covered
SMR I.1 The teacher understands and applies knowledge of money matters.
63 Qs10 Materials149 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands career-planning concepts, tools and strategies for pursuing a career in financial planning. BUS.Financial Planning Careers Covered 7 1 6 0 Covered by 1 topic (7 questions, 1 materials, 6 cards, 0 videos).
b. Understands economic systems and their history, including the role of risk, private enterprise, market structures, types of currency, global integration and the Constitution of the United States. BUS.Economic Systems Covered 7 1 24 0 Covered by 1 topic (7 questions, 1 materials, 24 cards, 0 videos).
c. Knows how to explain the impact of taxes and monetary and fiscal policy on a free-enterprise system. BUS.Taxes and Policy Covered 7 1 10 0 Covered by 1 topic (7 questions, 1 materials, 10 cards, 0 videos).
d. Understands the function of prices and the concept of economic resources. BUS.Economic Concepts Covered 7 1 26 0 Covered by 1 topic (7 questions, 1 materials, 26 cards, 0 videos).
e. Understands economic indicators that affect financial decision making (price stability, consumer spending, unemployment, inflation, interest rates, the business cycle and gross domestic product). BUS.Economic Concepts Covered 7 1 26 0 Covered by 1 topic (7 questions, 1 materials, 26 cards, 0 videos).
f. Knows how to assess the impact of exchange rates and cultural and social environments. BUS.Foreign Exchange Covered 7 1 12 0 Covered by 1 topic (7 questions, 1 materials, 12 cards, 0 videos).
g. Understands the foreign exchange market and its economic determinants. BUS.Foreign Exchange Covered 7 1 12 0 Covered by 1 topic (7 questions, 1 materials, 12 cards, 0 videos).
h. Applies sociological and psychological concepts to facilitate collaborative activities. BUS.Personal Finance Covered 8 1 22 0 Covered by 1 topic (8 questions, 1 materials, 22 cards, 0 videos).
i. Knows how to assess personal financial needs and goals based on current and projected economic conditions. BUS.Personal Finance Covered 8 1 22 0 Covered by 1 topic (8 questions, 1 materials, 22 cards, 0 videos).
j. Knows how to manage personal finances (budgets, savings and investment, credit, and taxes) to achieve financial goals. BUS.Personal Finance Covered 8 1 22 0 Covered by 1 topic (8 questions, 1 materials, 22 cards, 0 videos).
k. Understands the use and responsibilities of financial-service providers. BUS.Personal Finance Covered 8 1 22 0 Covered by 1 topic (8 questions, 1 materials, 22 cards, 0 videos).
l. Knows how to compare and contrast investment strategies. BUS.Investing Covered 6 1 19 0 Covered by 1 topic (6 questions, 1 materials, 19 cards, 0 videos).
m. Knows how to identify potential business threats and opportunities. BUS.Investing Covered 6 1 19 0 Covered by 1 topic (6 questions, 1 materials, 19 cards, 0 videos).
n. Knows how to acquire and manage personal credit (e.g., student loans and car loans). BUS.Personal Finance Covered 8 1 22 0 Covered by 1 topic (8 questions, 1 materials, 22 cards, 0 videos).
o. Knows how to ensure solvency by using budgets, financial statements and cost-benefit analyses to manage financial resources. BUS.Managing Financial Resources Covered 7 1 8 0 Covered by 1 topic (7 questions, 1 materials, 8 cards, 0 videos).
p. Understands the function of financial markets. BUS.Financial Markets Covered 7 1 9 0 Covered by 1 topic (7 questions, 1 materials, 9 cards, 0 videos).
q. Understands the theory and application for efficient financial markets. BUS.Financial Markets Covered 7 1 9 0 Covered by 1 topic (7 questions, 1 materials, 9 cards, 0 videos).
r. Understands how debt and equity are used to raise capital. BUS.Raising Capital Covered 0 1 13 0 Covered by 1 topic (0 questions, 1 materials, 13 cards, 0 videos).
SMR I.2 The teacher understands and applies knowledge of banking and financial services.
35 Qs5 Materials60 Cards0 VideosPartially covered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands the fundamentals of banking and financial services, including bankruptcy, mergers and acquisitions. BUS.Banking and Financial Fundamentals Covered 7 1 30 0 Covered by 1 topic (7 questions, 1 materials, 30 cards, 0 videos).
b. Knows how to evaluate the role of global banking in the modern economy including the roles of the Federal Reserve Bank and other financial institutions. BUS.Global Banking Covered 7 1 7 0 Covered by 1 topic (7 questions, 1 materials, 7 cards, 0 videos).
c. Understands banking processes and services, including security and risk management. BUS.Banking and Financial Fundamentals Covered 7 1 30 0 Covered by 1 topic (7 questions, 1 materials, 30 cards, 0 videos).
d. Understands the roles and responsibilities of positions in the banking services industry, including educational requirements. BUS.Banking and Financial Fundamentals Covered 7 1 30 0 Covered by 1 topic (7 questions, 1 materials, 30 cards, 0 videos).
e. Understands how to influence current and future business by identifying and meeting client needs. BUS.Client Relationships Covered 7 1 8 0 Covered by 1 topic (7 questions, 1 materials, 8 cards, 0 videos).
f. Understands how to manage day-to-day activities in order to ensure secure business operations involving the Federal Reserve System, loan underwriting and real estate. BUS.Banking Operations Covered 7 1 12 0 Covered by 1 topic (7 questions, 1 materials, 12 cards, 0 videos).
g. Understands how laws and regulations (e.g., regulatory changes and bankruptcy law) affect business operations and transactions in the banking-services industry. BUS.Banking Operations Covered 7 1 12 0 Covered by 1 topic (7 questions, 1 materials, 12 cards, 0 videos).
h. Knows how financial institutions build positive customer relationships (including giving lectures, seminars, and forums) that enhance their image. BUS.Client Relationships Covered 7 1 8 0 Covered by 1 topic (7 questions, 1 materials, 8 cards, 0 videos).
i. Understands how to leverage financial resources to enhance banking performance. BUS.Utilizing Resources and Systems Partially covered 7 1 3 0 Partial coverage by 1 topic (7 questions, 1 materials, 3 cards, 0 videos); limited supporting content.
j. Understands the purpose of and knows how to utilize banking information systems. BUS.Utilizing Resources and Systems Partially covered 7 1 3 0 Partial coverage by 1 topic (7 questions, 1 materials, 3 cards, 0 videos); limited supporting content.
SMR I.3 The teacher understands and applies knowledge of securities and investments.
20 Qs3 Materials25 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands the fundamentals of securities and investments. BUS.Securities and Investments Covered 6 1 10 0 Covered by 1 topic (6 questions, 1 materials, 10 cards, 0 videos).
b. Knows how to utilize financial resources effectively to discharge duties and responsibilities. BUS.Effective Use of Financial Resources Covered 7 1 5 0 Covered by 1 topic (7 questions, 1 materials, 5 cards, 0 videos).
c. Understands how a broad array of securities information can be used to identify viable investments. BUS.Securities and Investments Covered 6 1 10 0 Covered by 1 topic (6 questions, 1 materials, 10 cards, 0 videos).
d. Knows how to select client investments and calculate asset values. BUS.Effective Use of Financial Resources Covered 7 1 5 0 Covered by 1 topic (7 questions, 1 materials, 5 cards, 0 videos).
e. Understands how businesses manage day-to-day securities and investments operations to ensure optimal business functioning. BUS.Securities and Investments Covered 6 1 10 0 Covered by 1 topic (6 questions, 1 materials, 10 cards, 0 videos).
f. Understands the use of career-planning concepts, tools and strategies to pursue a securities and investments career. BUS.Financial Careers Covered 7 1 10 0 Covered by 1 topic (7 questions, 1 materials, 10 cards, 0 videos).
g. Identifies licensing and certification programs in the financial services business. BUS.Financial Careers Covered 7 1 10 0 Covered by 1 topic (7 questions, 1 materials, 10 cards, 0 videos).
h. Understands the acquisition and sale of securities, real estate and other investments. BUS.Securities and Investments Covered 6 1 10 0 Covered by 1 topic (6 questions, 1 materials, 10 cards, 0 videos).
SMR I.4 The teacher understands and applies knowledge of insurance operation.
53 Qs5 Materials85 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Demonstrates a comprehensive understanding of the insurance industry and its role in society. BUS.Insurance Industry Fundamentals Covered 13 1 36 0 Covered by 1 topic (13 questions, 1 materials, 36 cards, 0 videos).
b. Knows how to describe careers in insurance. BUS.Insurance Careers Covered 10 1 17 0 Covered by 1 topic (10 questions, 1 materials, 17 cards, 0 videos).
c. Understands practices that ensure compliance with insurance industry regulations. BUS.Insurance Regulations Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
d. Understands legal concepts pertinent to the insurance industry. BUS.Insurance Regulations Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
e. Knows how to assess the risk posed by potential clients in order to make informed approval and denial decisions. BUS.Risk Management and Claim Processing Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
f. Understands how to use information technology tools effectively to underwrite an insurance policy. BUS.Insurance Policies Covered 10 1 2 0 Covered by 1 topic (10 questions, 1 materials, 2 cards, 0 videos).
g. Knows how to use information and investigative techniques to identify fraud. BUS.Risk Management and Claim Processing Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
h. Understands how agency and company policies are managed, to ensure a firm’s financial well-being. BUS.Insurance Policies Covered 10 1 2 0 Covered by 1 topic (10 questions, 1 materials, 2 cards, 0 videos).
i. Knows how to effectively process a claim consistent with client obligations. BUS.Risk Management and Claim Processing Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
j. Knows how to evaluate current client insurance policies and risk-management needs. BUS.Insurance Policies Covered 10 1 2 0 Covered by 1 topic (10 questions, 1 materials, 2 cards, 0 videos).
SMR I.5 The teacher understands and applies knowledge of basic accounting.
64 Qs6 Materials101 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Applies basic accounting concepts (e.g., accounting cycle, T-accounts). BUS.Basic Accounting Concepts Covered 12 1 38 0 Covered by 1 topic (12 questions, 1 materials, 38 cards, 0 videos).
b. Understands how accounting systems can ensure the fiscal stability of businesses. BUS.Accounting Systems and Financial Statements Covered 8 1 17 0 Covered by 1 topic (8 questions, 1 materials, 17 cards, 0 videos).
c. Understands how career-planning concepts, tools and strategies can be used to explore accounting careers. BUS.Accounting Careers Covered 8 1 1 0 Covered by 1 topic (8 questions, 1 materials, 1 cards, 0 videos).
d. Utilizes equations, graphical representations, accounting tools, strategies and systems in real-world situations to manage financial resources. BUS.Basic Accounting - Math Covered 18 1 20 0 Covered by 1 topic (18 questions, 1 materials, 20 cards, 0 videos).
e. Understands how accounting procedures affect financial statements. BUS.Accounting Systems and Financial Statements Covered 8 1 17 0 Covered by 1 topic (8 questions, 1 materials, 17 cards, 0 videos).
f. Knows how to maintain cash controls (including petty cash). BUS.Basic Accounting Concepts Covered 12 1 38 0 Covered by 1 topic (12 questions, 1 materials, 38 cards, 0 videos).
g. Understands how accounting is used in a merchandising business. BUS.Merchandising and Inventory Covered 10 1 29 0 Covered by 1 topic (10 questions, 1 materials, 29 cards, 0 videos).
h. Knows how to manage accounts payable and accounts receivable. BUS.Basic Accounting Concepts Covered 12 1 38 0 Covered by 1 topic (12 questions, 1 materials, 38 cards, 0 videos).
i. Understands how inventory records are maintained and how they are used to track the location, quantity and value of current assets. BUS.Merchandising and Inventory Covered 10 1 29 0 Covered by 1 topic (10 questions, 1 materials, 29 cards, 0 videos).
j. Understands payroll procedures required to calculate, record and distribute payroll earnings. BUS.Basic Accounting Concepts Covered 12 1 38 0 Covered by 1 topic (12 questions, 1 materials, 38 cards, 0 videos).
k. Understands how to track cash flow regarding articles of incorporation, balance sheets and income statements, equity and retained earnings, and dividends. BUS.Accounting Systems and Financial Statements Covered 8 1 17 0 Covered by 1 topic (8 questions, 1 materials, 17 cards, 0 videos).
l. Understands statutory and regulatory constraints on managing business operations and transactions. BUS.Accounting and Business Management Covered 8 1 1 0 Covered by 1 topic (8 questions, 1 materials, 1 cards, 0 videos).
m. Knows how to gather and utilize financial information to enhance decision making. BUS.Accounting and Business Management Covered 8 1 1 0 Covered by 1 topic (8 questions, 1 materials, 1 cards, 0 videos).
SMR I.6 The teacher understands and applies knowledge of advanced accounting.
50 Qs5 Materials45 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Demonstrates how to use equations, graphical representations, accounting tools, strategies and systems to manage financial resources. BUS.Advanced Accounting - Math Covered 10 1 8 0 Covered by 1 topic (10 questions, 1 materials, 8 cards, 0 videos).
b. Understands the use of statistic analysis (probability, confidence intervals, etc.) to assess business opportunities. BUS.Statistical Analysis Covered 10 1 3 0 Covered by 1 topic (10 questions, 1 materials, 3 cards, 0 videos).
c. Understands corporate and managerial accounting functions.Understands corporate and managerial accounting functions. BUS.Advanced Accounting Concepts Covered 11 1 18 0 Covered by 1 topic (11 questions, 1 materials, 18 cards, 0 videos).
d. Understands how to utilize accounting procedures in equity and fixed income transactions. BUS.Advanced Accounting Concepts Covered 11 1 18 0 Covered by 1 topic (11 questions, 1 materials, 18 cards, 0 videos).
e. Understands the role of accounting in financial statement analysis. BUS.Financial Statements and Budget Reports Covered 10 1 10 0 Covered by 1 topic (10 questions, 1 materials, 10 cards, 0 videos).
f. Understands how to prepare budget reports that enhance decision making. BUS.Financial Statements and Budget Reports Covered 10 1 10 0 Covered by 1 topic (10 questions, 1 materials, 10 cards, 0 videos).
g. Understands the regulatory requirements for managing business operations and can discuss recent examples of mismanagement. BUS.Regulatory Requirements Covered 9 1 6 0 Covered by 1 topic (9 questions, 1 materials, 6 cards, 0 videos).
SMR I.7 The teacher understands and applies knowledge of financial analysis to solve problem.
19 Qs2 Materials26 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands and demonstrates a thorough understanding of the tools and application of financial analysis. BUS.Financial Analysis Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
b. Understands how accounting systems ensure the fiscal stability of businesses. BUS.Financial Analysis Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
c. Understands tools, strategies and systems used to manage financial resources to ensure solvency. BUS.Financial Analysis Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
d. Demonstrates mathematical knowledge and skills required to pursue the full range of postsecondary education and career opportunities. BUS.Mathematical Knowledge and Skills Covered 9 1 0 0 Covered by 1 topic (9 questions, 1 materials, 0 cards, 0 videos).
e. Knows how to use financial ratios to assess company performance. BUS.Financial Analysis Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
f. Understands the use of financial statement analysis. BUS.Financial Analysis Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
g. Employs critical-thinking skills independently and in teams. BUS.Financial Analysis Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
h. Understands the role of information technology and its mission-critical applications. BUS.Financial Analysis Covered 10 1 26 0 Covered by 1 topic (10 questions, 1 materials, 26 cards, 0 videos).
SMR I.8 The teacher uses probability calculations to anticipate and forecast expected outcomes and manage risk.
32 Qs3 Materials46 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands and can apply the fundamentals of probability to solve business problems. BUS.Probability Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
b. Understands how career-planning concepts, tools and strategies can be used to explore a career in risk management. BUS.Risk Management Careers Covered 10 1 4 0 Covered by 1 topic (10 questions, 1 materials, 4 cards, 0 videos).
c. Demonstrates an understanding of how financial resources (such as capital budgeting, depreciation, cash flows, net present value, asset management and restructuring) are used to limit risk and to ensure business stability. BUS.Risk Management Covered 12 1 36 0 Covered by 1 topic (12 questions, 1 materials, 36 cards, 0 videos).
d. Understands how businesses employ enterprise risk-management strategies and corporate finance techniques to minimize their business loss. BUS.Risk Management Covered 12 1 36 0 Covered by 1 topic (12 questions, 1 materials, 36 cards, 0 videos).
e. Knows how to select financial information to be used in statistical tools (e.g., confidence intervals, probability models) to enhance risk management. BUS.Risk Management Covered 12 1 36 0 Covered by 1 topic (12 questions, 1 materials, 36 cards, 0 videos).
DOMAIN II Partially covered
SMR II.9 The teacher understands types of business ownership and entrepreneurial skills and procedures.
92 Qs9 Materials128 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands types of business ownership and their characteristics (e.g., sole proprietorships, partnerships, corporations, centralized versus decentralized, retail versus wholesale, franchises). BUS.Types of Business Ownership Covered 12 1 15 0 Covered by 1 topic (12 questions, 1 materials, 15 cards, 0 videos).
b. Understands procedures for creating and carrying out business plans. BUS.Entrepreneurship Covered 13 1 15 0 Covered by 1 topic (13 questions, 1 materials, 15 cards, 0 videos).
c. Knows how to identify entrepreneurial opportunities and the benefits and liabilities of starting a business. BUS.Entrepreneurship Covered 13 1 15 0 Covered by 1 topic (13 questions, 1 materials, 15 cards, 0 videos).
d. Understands and implements basic marketing concepts, functions, methods and promotion (advertising, including event-based selling and visual merchandising). BUS.Basic Marketing Concepts Covered 15 1 30 0 Covered by 1 topic (15 questions, 1 materials, 30 cards, 0 videos).
e. Understands and implements demand management strategies (e.g., inventory management). BUS.Demand Management Covered 10 1 14 0 Covered by 1 topic (10 questions, 1 materials, 14 cards, 0 videos).
f. Knows how to manage day-to-day activities to ensure efficient purchasing and quality control. BUS.Demand Management Covered 10 1 14 0 Covered by 1 topic (10 questions, 1 materials, 14 cards, 0 videos).
g. Understands procedures for determining financial start-up projections and methods for generating various types of capital. BUS.Financial Forecasting Covered 10 1 12 0 Covered by 1 topic (10 questions, 1 materials, 12 cards, 0 videos).
h. Understands the changing nature of business (e.g., technological changes, cultural diversity, global resources and competition). BUS.Changing Nature of Business Covered 9 1 7 0 Covered by 1 topic (9 questions, 1 materials, 7 cards, 0 videos).
i. Applies knowledge of financial accounting to evaluate alternative business options and make good business decisions. BUS.Decision Making - Financial Accounting Covered 11 1 16 0 Covered by 1 topic (11 questions, 1 materials, 16 cards, 0 videos).
j. Compares business financing opportunities and investments and understands the services provided by banks and financial institutions. BUS.Financing and Investments Covered 5 1 14 0 Covered by 1 topic (5 questions, 1 materials, 14 cards, 0 videos).
k. Knows how to use research techniques effectively to identify and utilize information. BUS.Marketing Research Techniques Covered 7 1 12 0 Covered by 1 topic (7 questions, 1 materials, 12 cards, 0 videos).
SMR II.10 The teacher understands the principles of management in a business environment.
47 Qs9 Materials103 Cards0 VideosPartially covered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Knows the history and understands the role of management. BUS.History of Management Covered 2 1 13 0 Covered by 1 topic (2 questions, 1 materials, 13 cards, 0 videos).
b. Understands the effective application of various functions of management (e.g., planning, organizing, leading, controlling, staffing and project management). BUS.Role of Management Partially covered 3 1 6 0 Partial coverage by 1 topic (3 questions, 1 materials, 6 cards, 0 videos); limited supporting content.
c. Understands and can apply various management and motivational theories, including the management pyramid. BUS.Management and Motivation Covered 3 1 10 0 Covered by 1 topic (3 questions, 1 materials, 10 cards, 0 videos).
d. Understands the selling process and market structures (e.g., brick-and-mortar, hybrid, e-commerce). BUS.Selling Process; BUS.Market Structures Covered 11 2 17 0 Covered by 2 topics (11 questions, 2 materials, 17 cards, 0 videos).
e. Understands the theory and application of quality management. BUS.Quality Management Partially covered 3 1 0 0 Partial coverage by 1 topic (3 questions, 1 materials, 0 cards, 0 videos); limited supporting content.
f. Applies social and behavioral theories and principles to analyze group structures and behaviors. BUS.Market Research Covered 10 1 39 0 Covered by 1 topic (10 questions, 1 materials, 39 cards, 0 videos).
g. Knows how to evaluate leadership styles and their effectiveness in addressing various business needs and goals. BUS.Leadership Styles Covered 10 1 12 0 Covered by 1 topic (10 questions, 1 materials, 12 cards, 0 videos).
h. Knows how to evaluate management practices that promote flexibility and adaptability in a global business environment. BUS.Management Practices Covered 5 1 11 0 Covered by 1 topic (5 questions, 1 materials, 11 cards, 0 videos).
i. Knows how to conduct technical research to secure information necessary for decision making. BUS.Market Research Covered 10 1 39 0 Covered by 1 topic (10 questions, 1 materials, 39 cards, 0 videos).
SMR II.11 The teacher understands human relations and resource management.
30 Qs5 Materials45 Cards0 VideosPartially covered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands how to plan, staff and organize human resources to enhance productivity and satisfaction. BUS.Human Relations and Resource Management Covered 10 1 3 0 Covered by 1 topic (10 questions, 1 materials, 3 cards, 0 videos).
b. Understands the role of human relations and resource management and can apply basic principles and procedures of global human resource planning. BUS.Human Relations and Resource Management Covered 10 1 3 0 Covered by 1 topic (10 questions, 1 materials, 3 cards, 0 videos).
c. Understands how to implement a compensation system. BUS.Compensation Covered 10 1 19 0 Covered by 1 topic (10 questions, 1 materials, 19 cards, 0 videos).
d. Understands the legal and regulatory requirements of a compensation program. BUS.Compensation Covered 10 1 19 0 Covered by 1 topic (10 questions, 1 materials, 19 cards, 0 videos).
e. Understands how to implement different types of compensation (e.g., pay for performance, hourly pay, salaried pay). BUS.Compensation Covered 10 1 19 0 Covered by 1 topic (10 questions, 1 materials, 19 cards, 0 videos).
f. Understands the economic and social benefits of a well-designed workplace. BUS.The Workplace and Productivity Covered 0 1 11 0 Covered by 1 topic (0 questions, 1 materials, 11 cards, 0 videos).
g. Understands the role of organized labor and its influence on business, including collective bargaining, grievance and arbitration. BUS.Labor and Employee Rights Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
h. Understands the balance between employee privacy rights and employer obligations to provide a safe working environment. BUS.Labor and Employee Rights Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
i. Recognizes and applies methods of employee recruitment and selection, staff evaluation and employee training and development in accordance with state and federal regulations (e.g., Equal Employment Opportunity Act, Americans with Disabilities Act). BUS.Employee Recruitment and Selection Partially covered 0 1 9 0 Partial coverage by 1 topic (0 questions, 1 materials, 9 cards, 0 videos); limited supporting content.
j. Understands factors that affect productivity (e.g., interaction of people and technology, employee attitudes and motivation). BUS.The Workplace and Productivity Covered 0 1 11 0 Covered by 1 topic (0 questions, 1 materials, 11 cards, 0 videos).
DOMAIN III Covered
SMR III.12 The teacher understands issues related to ethics and social responsibility in business and personal behavior.
34 Qs2 Materials43 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands the role of personal and business ethics in both conventional and cyber behavior (e.g., distinguishes between ethical and legal choices and ethical and unethical choices). BUS.Business Ethics Covered 17 1 30 0 Covered by 1 topic (17 questions, 1 materials, 30 cards, 0 videos).
b. Analyzes ethical considerations of business situations. BUS.Business Ethics Covered 17 1 30 0 Covered by 1 topic (17 questions, 1 materials, 30 cards, 0 videos).
c. Understands the social responsibilities of businesses regarding the environment, health, safety and diversity. BUS.Social Responsibility and Public Relations Covered 17 1 13 0 Covered by 1 topic (17 questions, 1 materials, 13 cards, 0 videos).
d. Recognizes the connection between good public relations and a community’s perception of ethical standards in business, and analyzes factors affecting decisions. BUS.Social Responsibility and Public Relations Covered 17 1 13 0 Covered by 1 topic (17 questions, 1 materials, 13 cards, 0 videos).
SMR III.13 The teacher understands principles of business law.
63 Qs4 Materials57 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Knows the legal requirements for forming, operating and dissolving different types of businesses. BUS.Legal Requirements Covered 17 1 9 0 Covered by 1 topic (17 questions, 1 materials, 9 cards, 0 videos).
b. Understands statutory restrictions on retail and commercial sales, including e-commerce (e.g., Federal Trade Commission Act, the Uniform Commercial Code). BUS.Statutory Rights and Restrictions Covered 17 1 24 0 Covered by 1 topic (17 questions, 1 materials, 24 cards, 0 videos).
c. Understands the nature and significance of contracts, torts and crimes. BUS.Statutory Rights and Restrictions Covered 17 1 24 0 Covered by 1 topic (17 questions, 1 materials, 24 cards, 0 videos).
d. Understands employee and consumer statutory rights and protections (e.g., consumer protection laws, Americans with Disabilities Act, organized labor laws, workplace safety legislation). BUS.Statutory Rights and Restrictions Covered 17 1 24 0 Covered by 1 topic (17 questions, 1 materials, 24 cards, 0 videos).
e. Understands how different jurisdictions influence different legal issues in business situations (e.g., the legal responsibility of individuals for the acts of a business organization, issues related to trademark and copyright laws). BUS.Business Legalities and Regulations Covered 17 1 23 0 Covered by 1 topic (17 questions, 1 materials, 23 cards, 0 videos).
f. Understands the role of government regulations in the workplace (e.g., Environmental Protection Agency (EPA), Occupational Safety and Health Administration (OSHA). BUS.Business Legalities and Regulations Covered 17 1 23 0 Covered by 1 topic (17 questions, 1 materials, 23 cards, 0 videos).
g. Knows how to use appropriate online technology to research cases dealing with relevant business-related cases. BUS.Business Case Research Covered 12 1 5 0 Covered by 1 topic (12 questions, 1 materials, 5 cards, 0 videos).
SMR III.14 The teacher understands basics of international business.
47 Qs3 Materials43 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Knows how to identify multicultural business opportunities and competitive factors that affect the global business environment (e.g., social, cultural, political, legal, geographic and economic factors). BUS.International Business Covered 18 1 6 0 Covered by 1 topic (18 questions, 1 materials, 6 cards, 0 videos).
b. Understands the potential impact of changes in currency exchange rates, inflation and interest rates. BUS.Inflation, Interest, and Exchange Rates Covered 17 1 19 0 Covered by 1 topic (17 questions, 1 materials, 19 cards, 0 videos).
c. Understands the structure and purpose of the European Union and the relationship between international trade and the global economy. BUS.European Union Covered 12 1 18 0 Covered by 1 topic (12 questions, 1 materials, 18 cards, 0 videos).
d. Recognizes major trends and developments in international business. BUS.International Business Covered 18 1 6 0 Covered by 1 topic (18 questions, 1 materials, 6 cards, 0 videos).
e. Understands the relationship between foreign trade and taxation policy and tariffs. BUS.Inflation, Interest, and Exchange Rates Covered 17 1 19 0 Covered by 1 topic (17 questions, 1 materials, 19 cards, 0 videos).
SMR III.15 The teacher understands basic elements of communication and applies skills for effective communication in business contexts.
39 Qs2 Materials29 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands basic elements of effective business communication (e.g., communication process; barriers to communication; communication channels, including social media; issues of cross-cultural business transactions) as well as how to nurture customer relationships by communicating effectively. BUS.Business Communication Covered 27 1 6 0 Covered by 1 topic (27 questions, 1 materials, 6 cards, 0 videos).
b. Engages in appropriate oral, written, nonverbal and visual communication such as presentations and videoconferencing (including tables, graphs and charts). BUS.Business Communication Covered 27 1 6 0 Covered by 1 topic (27 questions, 1 materials, 6 cards, 0 videos).
c. Knows how to input data and produce documents effectively. BUS.Producing and Using Documents Covered 12 1 23 0 Covered by 1 topic (12 questions, 1 materials, 23 cards, 0 videos).
d. Uses current and emerging technologies to produce business documents. BUS.Producing and Using Documents Covered 12 1 23 0 Covered by 1 topic (12 questions, 1 materials, 23 cards, 0 videos).
e. Knows how to use references and appropriately documents information from secondary sources. BUS.Producing and Using Documents Covered 12 1 23 0 Covered by 1 topic (12 questions, 1 materials, 23 cards, 0 videos).
DOMAIN IV Covered
SMR IV.16 The teacher understands, applies fundamentals of, and effectively uses computer systems.
47 Qs5 Materials31 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Navigates networks effectively to locate and exchange information. BUS.Using Computers Covered 8 1 13 0 Covered by 1 topic (8 questions, 1 materials, 13 cards, 0 videos).
b. Knows how to employ document-creation software to create and publish business-related documents (e.g., instructional manuals, business brochures). BUS.Using Computers Covered 8 1 13 0 Covered by 1 topic (8 questions, 1 materials, 13 cards, 0 videos).
c. Understands how operating systems perform a variety of tasks (e.g., organizing and maintaining files, exporting data). BUS.Using Computers Covered 8 1 13 0 Covered by 1 topic (8 questions, 1 materials, 13 cards, 0 videos).
d. Understands options and procedures for exchanging information via telecommunications software (e.g., appropriate telecommunications methods for different situations, correct etiquette when using telecommunications). BUS.Telecommunications Covered 10 1 2 0 Covered by 1 topic (10 questions, 1 materials, 2 cards, 0 videos).
e. Knows how to implement procedures for producing business documents using current and emerging technology (e.g., uses document-creation, spreadsheet and database software; uses correct proofreading symbols and procedures; produces reports containing text and graphics). BUS.Using Computers Covered 8 1 13 0 Covered by 1 topic (8 questions, 1 materials, 13 cards, 0 videos).
f. Understands health, ergonomic and safety issues related to the use of computer technology. BUS.Computer Health and Safety Covered 9 1 2 0 Covered by 1 topic (9 questions, 1 materials, 2 cards, 0 videos).
g. Understands the use of multiplatform design software to develop websites. BUS.Website Development Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
h. Applies procedures for importing graphics, sound, video and text into documents to produce multiplatform presentation products. BUS.Business Presentations Covered 10 1 8 0 Covered by 1 topic (10 questions, 1 materials, 8 cards, 0 videos).
i. Applies skills for researching and developing effective business presentations (such as multimedia presentations) that use a variety of sources, including big data. BUS.Business Presentations Covered 10 1 8 0 Covered by 1 topic (10 questions, 1 materials, 8 cards, 0 videos).
SMR IV.17 The teacher understands terminology and principles related to information technology.
48 Qs5 Materials57 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands computer terminology and concepts. BUS.Computer Terminology Covered 9 1 7 0 Covered by 1 topic (9 questions, 1 materials, 7 cards, 0 videos).
b. Knows how to effectively select, evaluate, install and upgrade computer hardware and software. BUS.Hardware and Software Covered 9 1 11 0 Covered by 1 topic (9 questions, 1 materials, 11 cards, 0 videos).
c. Understands how to identify emerging technologies and potential trends. BUS.Technology Trends Covered 9 1 8 0 Covered by 1 topic (9 questions, 1 materials, 8 cards, 0 videos).
d. Understands the role of information technology in specific business contexts (e.g., product design, procurement, manufacturing, sales and marketing, inventory, product delivery, customer service, finance). BUS.Technology in Business Covered 11 1 27 0 Covered by 1 topic (11 questions, 1 materials, 27 cards, 0 videos).
e. Knows how to manage computer assets (e.g., developing a technology plan, troubleshooting and repairing software and hardware, customizing software, evaluating software and hardware, keeping an inventory of computer components and peripherals). BUS.Managing Computer Assets Covered 10 1 4 0 Covered by 1 topic (10 questions, 1 materials, 4 cards, 0 videos).
SMR IV.18 The teacher understands principles and procedures related to information management systems and information technology applications.
40 Qs4 Materials35 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands the nature and role of e-commerce. BUS.Online Businesses Covered 10 1 16 0 Covered by 1 topic (10 questions, 1 materials, 16 cards, 0 videos).
b. Knows how to create and manage an online business. BUS.Online Businesses Covered 10 1 16 0 Covered by 1 topic (10 questions, 1 materials, 16 cards, 0 videos).
c. Applies skills for managing information (e.g., maintaining systems for document and information storage, including the cloud, and retrieval; developing and maintaining systems for electronic filing). BUS.Information Technology Covered 10 1 9 0 Covered by 1 topic (10 questions, 1 materials, 9 cards, 0 videos).
d. Solves business problems by utilizing information technology (e.g., word processing applications, spreadsheets, databases, multimedia, web design, computer programming and graphic design). BUS.Information Technology Covered 10 1 9 0 Covered by 1 topic (10 questions, 1 materials, 9 cards, 0 videos).
e. Understands the impact of information and communication technology on business and society. BUS.Impact of Technology Covered 10 1 3 0 Covered by 1 topic (10 questions, 1 materials, 3 cards, 0 videos).
f. Applies database technology to manipulate (e.g., store, query, retrieve) data and to design databases for solving business problems. BUS.Database Technology Covered 10 1 7 0 Covered by 1 topic (10 questions, 1 materials, 7 cards, 0 videos).
g. Employs data-mining methods to identify and evaluate trends and patterns to improve business decision making. BUS.Database Technology Covered 10 1 7 0 Covered by 1 topic (10 questions, 1 materials, 7 cards, 0 videos).
SMR IV.19 The teacher understands principles and procedures related to confidentiality, security and data integrity associated with computer technology.
30 Qs3 Materials19 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Identifies social, ethical, and legal issues relevant to confidentiality (e.g., cybercrimes and identity theft). BUS.Technology and Confidentiality Covered 10 1 1 0 Covered by 1 topic (10 questions, 1 materials, 1 cards, 0 videos).
b. Understands issues and procedures for maintaining data security. (e.g., firewalls, virus protection software). BUS.Data Security Covered 10 1 12 0 Covered by 1 topic (10 questions, 1 materials, 12 cards, 0 videos).
c. Understands procedures for ensuring the accuracy and integrity of data. BUS.Data Accuracy and Integrity Covered 10 1 6 0 Covered by 1 topic (10 questions, 1 materials, 6 cards, 0 videos).
DOMAIN V Covered
SMR V.20 The teacher understands work-based learning, career development, and leadership opportunities.
41 Qs3 Materials25 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands how to link classroom learning with work-based learning and incorporate relevant experiences into the business curriculum. BUS.Work-Based Learning Models Covered 13 1 10 0 Covered by 1 topic (13 questions, 1 materials, 10 cards, 0 videos).
b. Understands the laws and regulations relating to employment, including Equal Employment Opportunity Commission (EEOC) rules and safety regulations and procedures. BUS.Employment Laws and Regulations Covered 11 1 12 0 Covered by 1 topic (11 questions, 1 materials, 12 cards, 0 videos).
c. Knows how to assist in the implementation of work-based learning models (e.g., school organizations, mentoring, networking, job shadowing, career preparation, internships and externships). BUS.Work-Based Learning Models Covered 13 1 10 0 Covered by 1 topic (13 questions, 1 materials, 10 cards, 0 videos).
d. Knows how to evaluate student progress based on work-based standards and can analyze data to determine program effectiveness. BUS.Work-Based Learning Models Covered 13 1 10 0 Covered by 1 topic (13 questions, 1 materials, 10 cards, 0 videos).
e. Identifies career opportunities in business, as well as the education, industry certifications and training requirements one needs for such careers. BUS.Business Careers Covered 17 1 3 0 Covered by 1 topic (17 questions, 1 materials, 3 cards, 0 videos).
f. Helps students transition from program completion to employment or higher education (e.g., résumé writing, practicing interview skills). BUS.Business Careers Covered 17 1 3 0 Covered by 1 topic (17 questions, 1 materials, 3 cards, 0 videos).
g. Effectively communicates how personal attributes (e.g., reliability, diligence, punctuality, motivation, attitude, digital footprint) affect career advancement and success in the workplace. BUS.Business Careers Covered 17 1 3 0 Covered by 1 topic (17 questions, 1 materials, 3 cards, 0 videos).
SMR V.21 The teacher knows how to employ interpersonal, employment, and organizational skills in business environments.
42 Qs4 Materials26 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Knows how to apply the social and human relations skills and attitudes needed to work effectively in a culturally diverse business environment. BUS.Human Resources Foundations Covered 11 1 8 0 Covered by 1 topic (11 questions, 1 materials, 8 cards, 0 videos).
b. Identifies procedures for carrying out administrative support responsibilities (e.g., scheduling, meeting planning and organization). BUS.Human Resources Foundations Covered 11 1 8 0 Covered by 1 topic (11 questions, 1 materials, 8 cards, 0 videos).
c. Knows how to select, train and retain employees. BUS.Hiring and Retaining Employees Covered 11 1 3 0 Covered by 1 topic (11 questions, 1 materials, 3 cards, 0 videos).
d. Understands compensation systems and how they are implemented. BUS.Compensation and Benefits Covered 9 1 9 0 Covered by 1 topic (9 questions, 1 materials, 9 cards, 0 videos).
e. Understands how to manage all facets of a benefits plan. BUS.Compensation and Benefits Covered 9 1 9 0 Covered by 1 topic (9 questions, 1 materials, 9 cards, 0 videos).
f. Understands employee-management relations. BUS.Managing and Developing Employees Covered 11 1 7 0 Covered by 1 topic (11 questions, 1 materials, 7 cards, 0 videos).
g. Knows how to plan, staff, lead and organize a human resources group to enhance productivity and satisfaction. BUS.Human Resources Foundations Covered 11 1 8 0 Covered by 1 topic (11 questions, 1 materials, 8 cards, 0 videos).
h. Knows how to assist with staff growth and development and trains staff on system usage. BUS.Managing and Developing Employees Covered 11 1 7 0 Covered by 1 topic (11 questions, 1 materials, 7 cards, 0 videos).
i. Implements initiatives to improve employee satisfaction. BUS.Hiring and Retaining Employees Covered 11 1 3 0 Covered by 1 topic (11 questions, 1 materials, 3 cards, 0 videos).
SMR V.22 The teacher understands the leadership and community service opportunities available through student organization activities and the importance of promoting a business education program.
47 Qs4 Materials24 Cards0 VideosCovered
Official CompetencyMatching 240 TopicsAlignmentQsMatsCardsVidsNotes
a. Understands the purpose, characteristics and functions of student leadership organizations. BUS.Student Organizations Covered 11 1 3 0 Covered by 1 topic (11 questions, 1 materials, 3 cards, 0 videos).
b. Understands the roles of chapter advisors and their responsibilities to student organizations. BUS.Student Organizations Covered 11 1 3 0 Covered by 1 topic (11 questions, 1 materials, 3 cards, 0 videos).
c. Understands the importance of interacting with others in the school and community to promote a business education program (e.g., advisory committees, businesses, community agencies, postsecondary institutions, civic and service organizations, education and training organizations). BUS.Promoting Business Education Covered 13 1 6 0 Covered by 1 topic (13 questions, 1 materials, 6 cards, 0 videos).
d. Knows how to use a variety of sources and methods for developing and delivering appropriate business instruction (e.g., collaborating with other school faculty and external partners, identifying the impact of external influences and the requirements for special populations and evaluating performance standards). BUS.Developing and Delivering Business Instruction Covered 12 1 12 0 Covered by 1 topic (12 questions, 1 materials, 12 cards, 0 videos).
e. Understands the importance of participating in leadership and career-development activities. BUS.Professional Development Covered 11 1 3 0 Covered by 1 topic (11 questions, 1 materials, 3 cards, 0 videos).

How 240 Creates The TExES Business and Finance 6-12 (276) Study Guide

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Every 240 study guide starts with the official exam framework. From there, we organize lessons, practice, and study tools around the categories the exam uses to measure candidate knowledge.

1
Review the official exam framework
We begin with the standards, domains, competencies, objectives, or content categories published by the testing authority.
2
Map the tested categories
We map every major area the exam is designed to cover so the guide reflects the real structure of the test.
3
Build lessons around tested content
We create study materials to support the official blueprint, not broad filler content.
4
Cross-check practice against exam expectations
We review practice content against the framework and real exam patterns so preparation stays targeted.
5
Review and update as standards change
When official frameworks change, we review guides and update alignment as needed.

Reviewed by subject-matter experts and maintained to reflect current standards.

Built By Teachers for Teachers

You're not on this journey alone. Our 240 teachers have firsthand experience with these exams. Real teachers with real experience are behind the scenes to help guide you into the classroom where YOU belong.

Samantha

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Curriculum Specialist for 240

Tess

Former Illinois Teacher

Curriculum Coordinator for 240

Dakota

Former Texas Teacher

Curriculum Specialist for 240

Abigail

Former Arizona & Illinois Teacher

Curriculum Coordinator for 240

Katy

Former Texas Teacher

Curriculum Writer for 240

Blair

Former Texas Teacher

Curriculum Writer for 240

Brooke

Former Idaho teacher

Curriculum Writer for 240

Hannah

Former Minnesota Teacher

Curriculum Writer for 240

Why 240 Is Better Than Other Generic Study Guides

Not all study guides are built the same way. Here is what separates a test-aligned guide from a generic one — and why it matters when you are preparing for the TExES Business and Finance 6-12.

Generic
Generic Prep
Covers broad subject areas without structure
No clear connection to the official exam framework
Practice questions may not reflect the real test format
May not update when official standards change
~Can be helpful for quick, broad review
Test-aligned
240 Test-Aligned TExES 276 Prep
Every lesson maps to an official domain or competency
Built directly from the official exam framework
Practice questions aligned to what the exam actually measures
A clear study path by tested category
Study smarter and enter test day more prepared

FAQs About the TExES Business and Finance 6-12 Study Guide

The questions teacher candidates ask us most often about the TExES Business and Finance 6-12 study guide.

1
Is 240 a good study guide for TExES Business and Finance 6-12?
240 is a strong option because the guide is built around the official exam framework and shows detailed alignment by SMR and competency.
2
How closely does 240 align to the TExES 276 exam?
This guide is 99% aligned based on a competency-by-competency review of the official framework and the study resources included in the guide.
3
Does 240 cover every competency?
This page shows coverage transparently across covered, partially covered, and identified gaps so candidates can see exactly how the guide maps to the exam.
4
What does “partially covered” mean?
Partially covered means the guide addresses the core parts of a competency, but some depth or subtopics may still be limited.

Study What's Actually on the TExES 276 Exam

Start with a study guide built around the real exam. 240's guide maps lessons and study tools to official competencies so you can prepare more efficiently and more confidently.