This quiz works best with JavaScript enabled. Home > Business > Agribusiness – Quiz 13 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Agribusiness Quiz 13 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. It means the establishment of standards for matters such as quality, size, weight, and color; and once these are set it uses the criteria established in the standards A) Standardization and grading. B) Standardization and size. C) Standardization and modification. D) Standardization and criteria. Show Answer Correct Answer: A) Standardization and grading. 2. What are the two basic parts of a budget? A) Income and expenses. B) Assets and liabilities. C) Cash and loans. D) Savings and bills. Show Answer Correct Answer: A) Income and expenses. 3. Which of the following gives a snapshot of the borrower's business at a specific time? A) Net income statement. B) Net worth statement. C) Statement of ownership equity. D) Statement of cash flows. Show Answer Correct Answer: B) Net worth statement. 4. Loans used to purchase land and buildings are classified as what type of loan? A) Short-term. B) Intermediate-term. C) Long-term. D) Non-risk. Show Answer Correct Answer: C) Long-term. 5. A statement where the company aspires - appealing to the future as aims, means A) Vision. B) Mission. C) Strategic. D) Goal. Show Answer Correct Answer: A) Vision. 6. The net income statement is also known as which of the following? A) Profit and loss statement. B) Personal financial statement. C) Statement of cash flows. D) Balance sheet. Show Answer Correct Answer: A) Profit and loss statement. 7. Provide intangible goods to consumers and other businesses A) Intermediaries. B) Service firms. C) Intangible good. D) Agricultural Co-op. Show Answer Correct Answer: B) Service firms. 8. Nationally, what has the Census of Agriculture shown is happening to the number of acres farmed? A) Increasing. B) Decreasing. C) Staying the same. D) None of above. Show Answer Correct Answer: C) Staying the same. 9. An Exploratory/Foundational SAE: A) Requires a small time investment from the student (short-term project). B) Requires little to no monetary ($ ) investment from the student. C) Helps students explore the world of agriculture and potential careers. D) All of these are true of Exploratory SAEs. Show Answer Correct Answer: D) All of these are true of Exploratory SAEs. 10. What rule that we use as a protection for farmers in Indonesia? A) UU No 20 Year 2012. B) UU No 21 Year 2011. C) UU No 19 Year 2013. D) UU No 34 Year 2014. Show Answer Correct Answer: C) UU No 19 Year 2013. ← PreviousRelated QuizzesAgribusiness Quiz 1Agribusiness Quiz 2Agribusiness Quiz 3Agribusiness Quiz 4Agribusiness Quiz 5Agribusiness Quiz 6Agribusiness Quiz 7Agribusiness Quiz 8Agribusiness Quiz 9Agribusiness Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books