HSC Agriculture Soils Water Sustainability and FPS

Question 1

Which of the following is an example of a value added product?

Accepted Answer

Diced beef

Question 2

Which soil type is most likely to have a high bulk density?

Accepted Answer

Sandy

Question 3

What effect will an increase in Interest rates on the profitability of farm business in debt?

Accepted Answer

Profit would decrease as total farm costs would increase

Question 4

What is the outcome of a shift from Supply 1 to Supply 2?

Accepted Answer

There would be an increase in price for the product.

Question 5

What marketing strategy is one owner is involved in different parts of the supply chain?

Accepted Answer

Vertical integration

Question 6

What is the most effective way of managing riparian zones in order to improve water quality?

Accepted Answer

Fencing to exclude livestock

Question 7

Which soil textural classes would be most likely to have the highest ion exchange capacity?

Accepted Answer

Clay loam

Question 8

Which of the following is a feature of soil with a low bulk density

Accepted Answer

High level of porosity

Question 9

How do land capability systems encourage sustainable farming?

Accepted Answer

They reduce land degradation by use according to capability

Question 10

Where in a marketing chain would promotion be most likely to increase sales of a product?

Accepted Answer

Wholesaling

Question 11

Which financial technique accurately compares the relative profitability of enterprises?

Accepted Answer

Gross margin

Question 12

What will root nodules on a legume do to a plant?

Accepted Answer

Increase growth because of increase in available nutrients

Question 13

Which of the following is NOT an indicator of water quality?

Accepted Answer

Temperature

Question 14

What term is given to where supply and demand curves intersect?

Accepted Answer

Equilibrium price

Question 15

What are all examples of variable costs?

Accepted Answer

Fertiliser, stock feed, vaccines

Question 16

The number of family farms in Australia has declined. What is a consequence of this change?

Accepted Answer

Reduced population in small rural towns

Question 17

Which of the following should be subtracted from total income to calculate a gross margin?

Accepted Answer

Variable costs

Question 18

Which of the following is NOT an example of value adding in the beef industry?

Accepted Answer

Selling cattle through saleyards

Question 19

Which of the following is a financial pressure affecting farmers?

Accepted Answer

Volatile markets

Question 20

Which of the following is NOT an example of a practice increasing soil organic carbon?

Accepted Answer

Burning off

Question 21

Which of the following is most useful to farmers when analysing financial situation of a farm?

Accepted Answer

Gross margin

Questions 21