AG TECH CERTIFICATION EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE

AG TECH CERTIFICATION EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE Practice questions for this set Terms in this set (149) What two types of plans do managers make when setting goals and objectives for their agribusiness? Short-term and long-term What type of organization is licensed to manage the buying and selling of foods using a licensed broker? commodity exchange What type of business organization is created, owned and controlled by its members? cooperative Career opportunities such as financial planning, marketing, and market analysis fall into what sector of agriculture? agribusiness If a farmer is deciding whether to rent additional land, this would fall under what decision making category? organizational What are the three main types of cooperatives? market, purchasing, and service based Approximately 75% of the milk sold in the United States is sold through farmer- owned, milk-marketing organizations known as what? Cooperatives What is the term for a financial document that records the amount of product kept on hand, how many were sold, each item's cost, total sale and profit? inventory report Loans that are made for a period of 1 year or less, and used for production purposes, are classified as what type of loans? Short-term What is the major reason agribusiness fail? lack of capital Which business function includes studying the product or service to determine the reason that the customers will want and need the product or service? selling function What are the five basic ways American business is organized? function, promoting function, Which tool is not acceptable for driving swine in a show ring? plastic piping When a swine exhibitor moves a hog through the show ring, this is known as what? driving a hog What term is used to describe the amount of weight an animal will loose when it is transported to market? shrink When transporting animals at what climatic temperature should animals be moved to reduce stress on the animal? moderate At one time most farms in New York raised sheep. Today those farms produce milk because of the popularity of milk and the potential profit that can be gained from milk production instead of sheep production. This scenario is an example of what economic law? Law of Supply and demand Into what lending agency was the Production Credit Agency and Federal Land Bank merged? Farm credit services What government owned credit source provides loans for specific crops like grain and peanuts? Commodity credit corporation On what document does a borrower sign to indicate the loan will be paid on before a specified date? promissory note According to the law of supply and demand, if the demand for a product increases and the supply remains the same what will happen to the price of the product? increase What is the term associated with the yellowing effect in leaves when a nutrient is lacking? chlorosis How many elements are essential for proper plant growth? 16 What term refers to the measure of the acidity or alkalinity of a soil? pH Which nutrient is important to the development of root systems of plants? phosphorus What does the term "soil fertility" refer to? the type and amount of nutrients in the soil What term describes the movement of water and nutrients from an area of higher concentration to an area of lower concentration through a semi-permeable membrane? osmosis A low pH can be raised by adding which chemical? lime What agency within the United States Department of Agriculture provides landowners advice and assistance with soil and water practices? Natural Resources Conservation Service Which agency within the US Department of Agriculture is responsible for ensuring the safety of meat, poultry, and egg products? Food Safety and Inspection service What percentage of jobs in the US are attributed to the food and fiber industry? 20 Which US governmental agency is responsible for ensuring the safety of non-meat food products? Food and Drug Administration What is the term used for plants that are considered to be growing out of place? weeds Gradual metamorphosis consists of how many stages? 3 In what type of pest control are plants developed that are resistant to pests? genetic control What is the term used to describe the growth process of an insect? metamorphosis If plant pests are NOT treated, what is the likely outcome? reduced yields What is the first stage in gradual metamorphosis? egg How does gradual metamorphosis differ from complete metamorphosis? complete metamorphosis has a pupa stage