Producing crops and animals for income

Question 1 of 9

Value addition, such as processing groundnuts into paste,

A. increases the price farmers receive B. reduces income C. spoils produce D. is illegal

Question 2 of 9

Profit from a farm enterprise is

A. revenue minus total cost B. revenue plus cost C. only revenue D. only cost

Question 3 of 9

Before starting a commercial farm, a market survey helps the farmer to

A. choose a tractor colour B. buy fertiliser C. find out what buyers want and at what price D. avoid customers

Question 4 of 9

Keeping farm records mainly helps a farmer to

A. avoid paying workers B. know whether the farm is making a profit C. stop growing crops D. increase pests

Question 5 of 9

A farmer sells maize for GH¢12,000. The variable costs were GH¢7,500. What is the gross margin?

A. GH¢7,500 B. GH¢19,500 C. GH¢12,000 D. GH¢4,500

Question 6 of 9

A broiler enterprise sells 500 birds at GH¢80 each. Costs are GH¢28,000. The profit margin on sales is

A. 30% B. 43% C. 20% D. 70%

Question 7 of 9

A farm record that shows money received and spent is a

A. health record B. stock diary C. breeding record D. farm cash book (financial record)

Question 8 of 9

Producing vegetables near towns for sale is

A. market gardening B. subsistence farming C. shifting cultivation D. nomadic herding

Question 9 of 9

A farm budget helps a farmer to

A. estimate costs and expected income B. avoid planting C. waste money D. skip records

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Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.

Past questions, worked solutions and curriculum-mapped study material for JHS and SHS students and teachers in Ghana.

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