Ag Mech 1- 2.00 Review

Which type of Supervised Agricultural Experience uses the scientific process to discover new knowledge?

• Experimental
• Service Learning
• Entrepreneurship
• School-based Enterprise

An example of a placement Supervised Agricultural Experience is:

• producing one's own shrubs.
• building a fence for one's own repair center.
• observing a tractor mechanic at work.
• working part-time at a small-engine repair shop.

Which type of immersion Supervised Agricultural Experience would have a summary presentation showing test results for the strengths of different welds?

• Placement
• Experimental
• Entrepreneurship
• School-based Enterprise

Which type of immersion Supervised Agricultural Experience might require reports and presentations presented to a board of directors?

• Invention
• Placement
• Experimental
• School-based Enterprise

An example of an analytical Supervised Agricultural Experience is:

• working for a plumber.
• building garden sheds for homeowners.
• restoring a tractor with other FFA members at school.
• studying why different types of lighting systems are used in farm buildings.

Which type of Supervised Agricultural Experience requires a written training agreement signed by the student, parent or guardian, teacher, and employer or supervisor?

• Entrepreneurship
• Service Learning
• Placement
• Analytical

An example of a Service-Learning Immersion Supervised Agricultural Experience is:

• offering free marketing for a summer welding course at the community college.
• comparing and contrasting different styles of tillage equipment.
• running a custom fence-building and repair business.
• working for an irrigation service company.

Debts that a business owes are:

• assets
• equity.
• liabilities
• net worth.

Net worth is:

• current assets minus current liabilities.
• inventory plus depreciation.
• total assets minus total liabilities.
• total assets plus total liabilities.

If a business has $10,000 cash on hand and $65,000 in the bank and machines and equipment worth $150,000. What line should $225,000 be written on?

• Total liabilities
• Current Assets
• Net Worth
• Total Assets