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New Campbellville Secondary School

Mid Term Test


Grade 11
Agriculture
Answer all Question

B. Production Records
C. Farm Records
1. All of the following are not roles of
D. Inventory Records
marketing EXCEPT
6. All of the following are benefits of a
A. Consumers
farm record EXCEPT.
B. Markets
A. It provides useful information
C. Costumers
for farm planning
D. Merchandising
B. It may be required to obtain a
2. Which of the following tells of the first
loan
step of marketing for eggs?
C. It helps the farmer to achieve
A. Collecting
effective managerial control
B. Assembling
D. It helps with growth of crops
C. Merchandising
7. Farmer Thomas has a problem with the
D. Marketing
number of large eggs and white eggs
3. If a product is not going directly to the
collected for the month of June. which
market, where will it go?
of the following record can help him?
A. At the Market Place
A. Production Record
B. To the processing plant
B. Financial record
C. To another place
C. Labour record
D. At the costumer’s home
D. Inventory record
4. Handling is a role of marketing, and all
8. Which of the following is an example of
off the below are examples EXCEPT
a financial record?
A. Transporting
A. Property statement
B. Grading
B. Income statement
C. Pricing
C. Number of feeders on the
D. Storage
farm
5. Which of the following is NOT a Farm
D. Financial record
record?
A. Financial Records
9. Farm Records are … D. Good and services received by
A. Documents with useful the business before
information of the farm deductions.
B. Statement of income of the 13. Which of the following is NOT a fixed
farm cost?
C. Information of the number of A. Rent
feeders on the farm B. Interest on Loan
D. The income statement of the C. Depreciation
farm D. Feed and Medication
10. An income statement has all of the 14. which of following best describes
following EXCEPT. variable cost?
A. Net Property A. Cost that changes as the
B. Gross farm income quantity of the goods and
C. Net Farm income services changes
D. Gross margin B. Goods and services that does
11. Monies received by the business after not change
all deductions is known as the C. Goods and services that
___________ sometimes changes
A. Net Property D. Good and services received by
B. Net Farm Income the business
C. Gross income
D. Gross margin
12. Which of the following best describes
Gross Margin?
A. All income and expenditure
except tax.
B. This is the deduction of the
variable expense from the total
income.
C. All monies, goods and services
received by the business.

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