NSC Agricultural Management Practices Keeping records: Various options are provided as

Question

Various options are provided as possible answers to the following questions. Choose the correct answer and write only the letter (A–D) next to the question numbers (1.1.1 to 1.1.10) in the ANSWER BOOK, e.g. 1.1.1 D.

1.1.1 Which ONE of the following agricultural resources is an example of a natural resource?
A Labour
B Farm buildings
C Money
D Soil

1.1.2 Efficient mechanisation in farming is the solution to the …
A increasing lack of farm labour.
B cost of having labourers trained.
C production of different products.
D lack of schooling amongst labourers.

1.1.3 The type of labourer that does a repetitive task at the same time each year and works only for a specific period of time on a farm:
A Permanent labourer
B Seasonal labourer
C Occasional labourer
D Full-time labourer

1.1.4 This budget provides for the upkeep of all infrastructure, implements and buildings:
A Break-even budget
B Partial budget
C Maintenance budget
D Whole-farm budget

1.1.5 The basic accounting equation is:
L = liabilities; A = assets; E = owners' equity.
A L = E + A
B L = A + E
C A = E + L
D E = A + L

Various options are provided as possible answers to the following questions - NSC Agricultural Management Practices - Question 1 - 2022 - Paper 1

Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Agricultural Management Practices - Question 1 - 2022 - Paper 1

1.1.1 Which ONE of the following agricultural resources is an example of a natural resource?

1.1.2 Efficient mechanisation in farming is the solution to the …

1.1.3 The type of labourer that does a repetitive task at the same time each year and works only for a specific period of time on a farm:

1.1.4 This budget provides for the upkeep of all infrastructure, implements and buildings:

1.1.5 The basic accounting equation is:

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