Ag Mech State Test Study #2

Front

What is a School-based Enterprise in Supervised Agricultural Experience?

Back

A type of immersion experience where students manage a business that provides goods or services, often requiring reports and presentations to a board of directors.

Front

Define an asset in the context of business.

Back

Something of value that a person or business owns, which can be used to generate income.

Front

What are liabilities in a business context?

Back

Debts that a business owes to others, representing financial obligations.

Front

What is an Experimental Supervised Agricultural Experience?

Back

A type of experience that uses the scientific process to discover new knowledge, often involving research and experimentation.

Tags

NGSS.HS-LS1-3

NGSS.HS-PS1-3

Front

Give an example of a Service-Learning Immersion Supervised Agricultural Experience.

Back

Offering free marketing for a summer welding course at the community college.

Front

What is the purpose of a Supervised Agricultural Experience (SAE)?

Back

To provide students with hands-on learning opportunities in agriculture, allowing them to apply classroom knowledge in real-world settings.

Tags

NGSS.HS-LS2-7

Front

What is the difference between equity and liabilities?

Back

Equity represents the ownership interest in a business after liabilities are deducted from assets, while liabilities are the debts owed by the business.

Front

What does net worth represent in a business?

Back

The difference between total assets and total liabilities, indicating the financial health of the business.

Front

What is the role of presentations in School-based Enterprises?

Back

To communicate business plans, progress, and outcomes to stakeholders, enhancing accountability and learning.

Front

How does a Service-Learning project benefit the community?

Back

By providing valuable services or support while allowing students to gain practical experience and develop civic responsibility.

Tags

NGSS.HS-ETS1-3