
Ag Business Budgeting
Quiz
•
Life Skills, Business
•
9th - 12th Grade
•
Medium
Zachary Irving
Used 2+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Select two of the four factors of production that we budget for
Land
Capital
Fiber
Fuel
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a reason for using a budget?
Show off how much money you have
Obtain recognition
Plan life of assets
Plan life of animals
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Select the three types of budgeting discussed in class
Enterprise
Partial
Farm
Whole Farm
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A principle of budgeting is to invest more if returns increase
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of enterprise budgeting is to determine breakeven levels
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purpose of partial budgeting is to expand an enterprise
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A good source of information for budgeting is farm and ranch records
True
False
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