If a pet store owner has a $500,000 mortgage on her land and buildings, and she owes Farm Credit Service $60,000 for this year’s mortgage payment, what amount should be entered on the current liability line of the financial statement?
$60,000
If the financial statement of a pet grooming business lists total liabilities of $400,000 and a net worth of $100,000, what is the debt-to-equity ratio?
1:03
4:01
1:01
4:04
Which net worth category includes debts that will last longer than one year?
Noncurrent Liabilities
What net worth category would include my mortgage payment?
Current Liability
If my land is valued at $5,000 an acre and I own 5 acres, what would I put on my Net Worth Statement?
Noncurrent Asset = $25,000
What net worth category would include the remaining balance of my mortgage?
Noncurrent Liability
Which leadership trait means you are willing to go forward in difficult situations?
Courage
Which parliamentary skill overturns a motion that already passed?
Rescind
How many gavel taps makes you stand up?
3
Which parliamentary skill passes the gavel to another member?
Relinquishing the Duties of the Chair
Which parliamentary skill ends the meeting?
Adjournment
How many gavel taps starts the meeting?
2
Which parliamentary skill pauses a motion to address something more urgent?
Lay on the Table
Which net worth category includes debts you will pay this year?
Current Liabilities
Which parliamentary skill changes the wording of the main motion?
Amendment
Which leadership trait means you have awareness and complete understanding of what you are working on?
Knowledge
Which Immersion SAE project allows you to solve a problem using the scientific method?
Research
What net worth category would include the value of my dog transportation van?
Noncurrent Assets
Susan is seeking a loan to start a pet grooming service. She is asked to complete a net worth statement, so the bank can determine her:
equity.
current assets.
total liabilities.
inventory.
How do you determine your debt-to-equity ratio?
Total Liabilities / Net Worth
What net worth category would include my feed bill?
Current Liability
What is the difference between "ballot" and "roll call" voting?
Ballot - anonymous vote on paper, Roll Call - Vote one at a time
If my cell phone bill is $100 a month, what would I put on my Net Worth Statement?
Current Liability = $1200
Which Immersion SAE project allows you to complete a community service project?
Service Learning
Which parliamentary skill brings up a new idea to the group?
Main Motion
Which parliamentary skill brings up a motion that already failed?
Reconsider
The component of the small animal instructional program that gives students an opportunity to explore interests and gain work experience is the:
Supervised Agricultural Experience
FFA
Classroom
State FFA Convention
The type of SAE that enables students to work cooperatively, but allows for the risk of the business to be held by the agriculture program is:
entrepreneurship
school-based enterprise
placement
experimental
Because students' interests change and new skills are developed throughout high school, student's SAEs should change and grow to:
be instructor led.
stay the same.
align with their career plan.
be based on activities completed in class.
Which leadership trait means you place the desires of the group above your personal gain?
Unselfishness
Which Immersion SAE project allows you to sell goods or services to your community?
Ownership
If a veterinary office has total assets of $500,000 and total liabilities of $200,000, what amount should be entered on the net worth line of a financial statement?
$300,000
Which leadership trait means you have the energy to do your job and can inspire others??
Enthusiasm
Which net worth category includes items that can quickly be converted to usable funds?
Current Assets
Which net worth category includes items that have a useful life of over a year?
Noncurrent Assets
If a pet groomer has $6,000 cash on hand and $30,000 in a checking account, on which line of a financial statement should the $36,000 total be entered?
Current Assets
Which parliamentary skill corrects a mistake made during the meeting?
Point of Order
What net worth category would include donations made to my dog rescue?
Current Assets
What net worth category would include the value of grooming equipment?
Noncurrent Assets
Which leadership trait means you are a reliable support for your group?
Loyalty
What component of the small animal instructional program includes the purpose of developing communication skills and confidence through competitive events?
FFA
Classroom
SAE
Laboratory
If a business has $10,000 cash on hand, $25,000 in a checking account, and land valued at $300,000, on which line of a financial statement should the $335,000 total be entered?
Total Assets
Which leadership trait means you can say the right thing without offending?
Tact
Which parliamentary skill puts the decisions in the hands of a small group?
Refer to a Committee
How do you determine your Net Worth?
Total Assets - Total Liabilities
If Joey believes that a parliamentary error has been made, then he should:
move to suspend the rules
rise to a point of order
move to adjourn the meeting
call for a division of the house
Which parliamentary skill stops the discussion?
Previous Question
How many gavel taps makes you sit down?
1
Which parliamentary skill corrects a mistake made by the chairperson?
Appeal the Decision of the Chair
Which Immersion SAE project allows you to gain work experience in a volunteer setting?
Placement
Which parliamentary skills require a 2/3 vote to pass? (There are only 2!)
Previous Question, Suspend the Rule
Which leadership trait means you think things through from all angles?
PLan
If Anthony presents a motion that requires a two-thirds majority vote, the motion involves:
the approval of minutes.
passing a main motion.
stopping debate.
the election of officers.
Which Immersion SAE project allows you to gain work experience at school?
School Based Enterprise
What is the book of Parliamentary Law called?
Robert's Rules of Order
Which leadership trait means you know how to use people and resources to reach a goal?
Management
Which parliamentary skill causes the group to switch from a voice vote to a visual vote?
Division of the House
The most effective way for small animal students to develop leadership qualities is through:
Participation in FFA activities
Studying animal science
Watching videos
Trips to the animal shelter
What net worth category would include fees I paid to a dog trainer?
Current Liability
Which leadership trait means you tell the truth all the time?
Integrity/Honesty
Jamie is researching parliamentary law. Which is the highest-ranking motion?
Main Motion
Amendment
Refer to a Committee
Adjourn
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