2.0 Animal Science II

One major reason for early career planning is to:

• be in classes with your friends.

• get early release from school.

• take easy high school courses.

• take the right high school courses.

The type of SAE that requires planning, implementing, operating, and assuming financial risk is:

• entrepreneurship

• placement

• improvement

• experimental

For a school-to-work employment plan to help a student, the plan must be: A. complex. B. implemented. C. signed by the principal. D. simple.

• complex

• implemented

• signed by the principal

• simple

Mortgages that are not due this year are entered on a financial statement as:

• current assets

• current liabilities

• noncurrent assets

• noncurrent liabilities

The type of SAE that involves a series of activities that improve the value or appearance of the place of employment, home, or community is:

• entrepreneurship

• placement

• improvement

• exploratory

On a financial statement net worth is:

• current assets minus current liabilities.

• current liabilities plus current assets.

• total assets minus total liabilities.

• total assets plus total liabilities.

• $200,000

• $300,000

• $500,000

• $800,000

On a financial statement, items that can be quickly converted to cash or that will be sold within 12 months are:

• current assets

• current liabilities

• equity

• net worth

The part of a net worth statement that shows all debts is:

• current liabilities

• debt-to-equity ratio

• inventory

• total liabilities

• Current assets

• Net worth

• Total assets

• Total liabilities