PRETEST Read the statements carefully, choose the letter of the correct answer and write it on your notebook/ portfolio. 1. What record is kept by the farmer that shows the budget of the project? a. Cash b. Production c. Sales d. Stock 2. What record tells the farmer how much she/he gained in the venture? a. Cash b.Production c. Sales d.Stock 3. What can be found in the production record report? a.Expenses paid c. Miscellaneous expenses b. Profit earned d. Manpower needed 4. Which record shows the supplies and materials needed for all activities in the farm? a. Cash b. Production c. Sales d. Stock 5. Which form shows the profit or return of investment in farm projects? a. Cash b.Production c. Sales d. Stock B. What is the importance of farm record keeping? C. What are the different forms prepared in the farm?
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Answer:
1. C
2. D
3. B
4. D
5. C
Explanation:
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2.c
3.b
4.D
5.b
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