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FBLA- AGRIBUSINESS TEST WITH CORRECT ANSWERS 2025

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FBLA- AGRIBUSINESS TEST WITH CORRECT ANSWERS 2025

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Uploaded on: March 19, 2025
Number of pages: 11
Written in: 2024/2025
Type: Exam (elaborations)
Contains: Questions & answers

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fbla agribusiness test with correct answers 2025

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FBLA- AGRIBUSINESS TEST WITH CORRECT
ANSWERS 2025
TheHbestHstrategyHforHhandlingHaH"know-it-all"HcustomerHis:H-HCORRECTHANSWERH-
notHbeingHcompetitiveHorHargumentativeHwithHtheHcustomer

AHdisadvantageHassociatedHwithHprojectedHcashHflowHisHthatHitH-HCORRECTHANSWERH-
projectsHpricesHthatHareHdifficultHtoHestimate

TheHpracticeHofHcultivating,Hprocessing,HandHdistributingHfoodHinHorHaroundHaHvillage,HtownHorHcity
HknowHasH-HCORRECTHANSWERH-urbanHagriculture

TheHpracticeHofHusingHanHintegratedHsystemHofHplantHandHanimalHproductionHpracticesHthatHhaveHa
Hsite-specificHapplicationHthatHwillHlastHoverHtheHlongHtermHisHknownHasH-HCORRECTHANSWERH-

sustainableHagriculture

OneHadvantageHofHincorporatingHaHfarmHbusinessHisHthatHitHwillH-HCORRECTHANSWERH-
limitHpersonalHliabilityHofHtheHowners

WhichHofHtheHfollowingHisHtheHmostHaccurateHaboutHagricultureHinHtheHUS?H-HCORRECTHANSWERH-
environmentalHregulationHisHhavingHaHlargerHimpactHonHtheHmanagementHofHUSHfarms

Technology-advancedHfarmHequipmentH-HCORRECTHANSWERH-
reducedHtheHlaborHmarketHforHagriculture

SinceHfarmersHareHcontinuallyHexposedHtoHloudHnoises,HtheyHshouldHhaveHperiodicHhearingHtestsHc
alledH-HCORRECTHANSWERH-audiograms

TheHprojectedHcashHflowHforHaHbusinessHincludes:H-HCORRECTHANSWERH-
projectedHincomes,HdebtHpayments,HandHexpenses

, TheHfood,Hconservation,HandHenergyHactHpassedHbyHtheHUSHCongressHinH2008HisHalsoHcalledH-
HCORRECTHANSWERH-theHFarmHBill

SuccessionHplanningHrefersHto:H-HCORRECTHANSWERH-
planningHtoHmoveHtheHbusinessHtoHtheHyoungerHgeneration

CalculateHtheHdepreciationHofHaHnewHtractorHthatHFredHFarmerHhasHpurchased.HPurchaseHpriceHisH$
169,000,HtheHsalvageHvalueHisHestimatedHtoHbeH$44,500,HandHFredHexpectsHtoHownHtheHtractorHforH
10HyearsHandHaverageH650HhoursHperHyear.HWhatHisHtheHhourlyHeconomicHorHmanagementHdepreci
ation?H-HCORRECTHANSWERH-$19.15

WhichHoneHofHtheHfollowingHwouldHimproveHtheHprofitabilityHofHaHfarmHbusiness?H-
HCORRECTHANSWERH-increaseHfarmHearningsHandHreduceHfarmHcosts

AHdroughtHinHSouthHAmericaHwill:H-HCORRECTHANSWERH-increaseHdemandHforHUSHgrain

WhichHoneHofHtheHfollowingHisHnotHaHdeductibleHcostHtoHanHagriculturalHbusiness?H-
HCORRECTHANSWERH-principleHpaid

BuyersHandHsellersHinHtheHfutureHmarketHwhoHdoHnotHraiseHorHuseHtheHcommodityHtheyHareHtradin
gHinHareHcalled:H-HCORRECTHANSWERH-speculators

FarmHfinancialHstandardsHcouncilHpromotesHuniformityHofHfarmHfinancialHrecordsHforHtheHpurposeH
of:H-HCORRECTHANSWERH-fairHcomparisonsHbetweenHallHfarms

AHfarmerHpurchasesH750-
poundHfeederHsteerHforH$1.18HperHpoundHandHplansHtoHsellHtheHsteerHatH1300Hpounds.HTheHfarmer
HestimatesHtheHtotalHcostHofHgainHtoHbeH$0.80HperHpound.HTheHnearestHbreakevenHpriceHwhenHtheH

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FBLA- AGRIBUSINESS TEST WITH CORRECT ANSWERS 2025

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