Technology & Livelihood Education 10 Direction. Select the letter of the correct answer.

Write
Quarter 4 Chapter Test3 answers on a separate sheet of paper.
1. It provides substantial information important in
Direction. Select the letter of the correct answer. Write decision-making
answers on a separate sheet of paper. A. Farm records b. Stock record
c. Production record. d. Cost and Profit Analysis
1. It provides substantial information important in 2. It can be used as collaterals in obtaining loans from
decision-making banks and other financing entities.
A. Farm records b. Stock record A. Farm records b. Stock record
c. Production record. d. Cost and Profit Analysis c. Production record. d. Cost and Profit Analysis
2. It can be used as collaterals in obtaining loans from 3. This could be used as document in presenting the
banks and other financing entities. performance of the farm to would be buyers.
A. Farm records b. Stock record A. Farm records b. Stock record
c. Production record. d. Cost and Profit Analysis c. Production record. d. Cost and Profit Analysis
3. This could be used as document in presenting the 4. This is a record of the cash accounts in a project
performance of the farm to would be buyers. A. Cash records. b. Farm sales record
A. Farm records b. Stock record c. general form d. classified farm sales record
c. Production record. d. Cost and Profit Analysis 5. This is used to record all sales in rice production.
4. This is a record of the cash accounts in a project a. Cash records. B. Farm sales record
A. Cash records. b. Farm sales record c. general form d. classified farm sales record
c. general form d. classified farm sales record 6. There are two kinds of farm sales record:
5. This is used to record all sales in rice production. a. Cost & profit B. general and the classified.
a. Cash records. B. Farm sales record c. cash and sales d. stock & production
c. general form d. classified farm sales record 7. This form has only one amount column where the
6. There are two kinds of farm sales record: value of farm produce sold is recorded. The other
a. Cost & profit B. general and the classified. columns are for the other pertinent information such as
c. cash and sales d. stock & production date, unit, description, and unit value.
7. This form has only one amount column where the a. Cash records. b. Farm sales record
value of farm produce sold is recorded. The other C. general form d. classified farm sales record
columns are for the other pertinent information such as 8. The form contains special columns for the main
date, unit, description, and unit value. product of the farm stock record.
a. Cash records. b. Farm sales record a. Cash records. b. Farm sales record
C. general form d. classified farm sales record c. general form D. classified farm sales record
8. The form contains special columns for the main 9. This record shows the stock of supplies and
product of the farm stock record. materials needed by the farm for all farming activities,
a. Cash records. b. Farm sales record especially in large-scale production.
c. general form D. classified farm sales record a. Farm records B. Stock record
9. This record shows the stock of supplies and c. Production record. d. Cost and Profit Analysis
materials needed by the farm for all farming activities, 10. Aside from the date item columns, the stock record
especially in large-scale production. has the following main columns except?
a. Farm records B. Stock record a. Received column b. issued column
c. Production record. d. Cost and Profit Analysis c. balance column. D. quantity column
10. Aside from the date item columns, the stock record 11. The received column has the following sub columns
has the following main columns except? except?
a. Received column b. issued column A. Balance column b. quantity, c. unit price,
c. balance column. D. quantity column d. total amount of the materials received.
11. The received column has the following sub columns 12. The stock record is useful in determining how much
except? supplies and materials are needed per cropping.
A. Balance column b. quantity, c. unit a. Farm records B. Stock record
price, d. total amount of the materials received. c. Production record. d. Cost and Profit Analysis
12. The stock record is useful in determining how much 13. This record determines the annual profitability of a
supplies and materials are needed per cropping. farm enterprise.
a. Farm records B. Stock record a. Farm records b. Stock record
c. Production record. d. Cost and Profit Analysis C. Production record. d. Cost and Profit Analysis
13. This record determines the annual profitability of a
farm enterprise.
a. Farm records b. Stock record
C. Production record. d. Cost and Profit Analysis 14. It lists the different crops grown in the farm during
the whole year, the amount spent for the production, the
total sales, the remaining stock, and the net income.
This record summarizes the performance of the farm in
Technology & Livelihood Education 10 each year.
Quarter 4 Chapter Test3 a. Farm records b. Stock record
C. Production record. d. Cost and Profit Analysis
15. This record tells the farmer how much profit he/she
will gain for the project undertaken. were done in a season and the expenses incurred per
a. Farm records b. Stock record farming activity.
c. Production record. D. Cost and Profit Analysis. a. Farm records b. Stock record
16. It contains a list of all the farming activities that c. Production record. D. Cost and Profit Analysis.
were done in a season and the expenses incurred per 17. It indicates the cost of supplies and materials used
farming activity. for the cropping season.
a. Farm records b. Stock record a. Farm records b. Stock record
c. Production record. D. Cost and Profit Analysis. c. Production record. D. Cost and Profit Analysis.
17. It indicates the cost of supplies and materials used 18. This farm record helps the farmer get the total cost
for the cropping season. of production and estimate the net return he/she will
a. Farm records b. Stock record gain depending on the crop yield or the mode of
c. Production record. D. Cost and Profit Analysis. production.
18. This farm record helps the farmer get the total cost a. Farm records b. Stock record
of production and estimate the net return he/she will c. Production record. D. Cost and Profit Analysis.
gain depending on the crop yield or the mode of 19. What does ROI mean?
production. a. Rate of investment
a. Farm records b. Stock record b. Revenue investment
c. Production record. D. Cost and Profit Analysis. c. Return of Income
19. What does ROI mean? d. Return of investment
a. Rate of investment 20. This is the formula in getting the ROI
b. Revenue investment a. Net income/total cost of production x 100
c. Return of Income b. Total cost of production – Net income / 100
d. Return of investment c. Total cost of production/100 + Net income
20. This is the formula in getting the ROI d. Net income x 100 / total cost of production
a. Net income/total cost of production x 100
b. Total cost of production – Net income / 100
c. Total cost of production/100 + Net income
d. Net income x 100 / total cost of production

14. It lists the different crops grown in the farm during

the whole year, the amount spent for the production, the
total sales, the remaining stock, and the net income.
This record summarizes the performance of the farm in
each year.
a. Farm records b. Stock record
C. Production record. d. Cost and Profit Analysis
15. This record tells the farmer how much profit he/she
will gain for the project undertaken.
a. Farm records b. Stock record
c. Production record. D. Cost and Profit Analysis.
16. It contains a list of all the farming activities that