SAE Terms Quiz

What is a Supervised Agricultural Experience (SAE)?

• A project completed during normal class time

• A project related to agriculture courses and supervised

• A project unrelated to agriculture

• A project that does not require supervision

Which type of SAE requires monetary investment to gain a profit?

• Placement SAE

• Research SAE

• Entrepreneurship SAE

• Current Inventory

What is an example of a Placement SAE?

• Working at a dairy

• Developing a research question

• Purchasing inventory

• Selling a show animal

What does Research SAE involve?

• Monetary investment

• Job experience

• Scientific method and research

• Non-cash transactions

What is the inventory value of AET Experiences (SAEs), which is based on the cost of items used in the

project?

• Current Inventory

• Beginning inventory

• Non-Cash Transactions

• Gift (Non-cash)

What is the inventory value of items that is (a) high in monetary value and have a (b) long-term use value in supporting AET Experiences (SAE projects)?

• Cash expenses

• Non-Current Inventory (Capital items)

• Beginning inventory

• Non-cash transactions

What does Beginning Inventory include?

• Cash income

• Non-cash transactions

• AET Experience expenses before the first day of education

• Current inventory items

What is Cash Expense in AET Experiences?

• Income from sales

• Purchased items for project growth

• Non-cash transactions

• Inventory before education

What is an example of a Non-Cash Transaction?

• Selling a show animal

• Purchasing feed for resale

• Giving hay to a show animal project

• Collecting rent from equipment lease

What does SAE Labor Exchange (Non-cash) involve?

• Purchasing items with cash

• Trading project labor for items

• Receiving gifts of expense items

• Selling remaining chickens to family