AgMechII, Unit 2

Some students have jobs outside of regular classroom hours that may be paid or unpaid, such as working at a farm supply store. Which type of Immersion SAE may these students be participating in?

• Analytical

• Entrepreneurship

• Improvement

• Placement

Which type of Immersion SAE would use a local stakeholder committee's minutes as a form of documentation?

• Invention

• Placement

• Service Learning

• Entrepreneurship

In what type of SAE project does one plan, implement, operate, and assume the financial risk in an agricultural activity?

• Entrepreneurship

• Experimental

• Improvement

• Placement

As part of which area of a Foundational SAE may students develop a list of tools commonly used by an electrician and the possible injuries caused by using them?

• Workplace Safety

• Agricultural Literacy

• Personal Financial Management

• Career Exploration and Planning

Karen is building raised beds at an elementary school for a service learning project. A form of documentation she can use as part of this project would include a:

• labor resources assessment for operation.

• research plan.

• business plan.

• reflection.

For which part of his Foundational SAE would Daniel develop a list of 10 common occupational accidents and ways to avoid them?

• employability skills for college and career readiness

• career exploration and planning

• personal financial planning

• workplace safety

In which part of a Foundational SAE would students learn how to budget using a credit line appropriately?

• career exploration and planning

• personal financial planning

• agricultural literacy

• workplace safety

If a small-engine shop owner has a $250,000 mortgage and owes Farm Credit Service $30,000 for this year’s payment, what amount should be entered on the noncurrent liability line of the financial statement?

• $30,000

• $220,000

• $250,000

• $280,000

If Becky has a $500,000 mortgage on her land and buildings, and she owes Farm Credit Service $60,000 for this year’s mortgage payment, what amount should be entered on the current liability line of the financial statement?

• $60,000

• $440,000

• $500,000

• $560,000

If a business has $10,000 cash on hand, $25,000 in a checking account, and land valued at $300,000, on which line of a financial statement should the $335,000 total be entered?

• net worth

• total assets

• total liabilities

• current assets