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Second Term Examination Agricultural Science Basic 9 (JSS 3) – Exam Questions

AGRICULTURAL SCIENCE 

JUNIOR SECONDARY SCHOOLS

SECOND TERM EXAMINATION 

CLASS – BASIC 9 (JSS 3) 

 

 

SECTION A — OBJECTIVES

Answer all the questions in this section. 

 

1 ________________________ is the recording of financial transactions and is part of the process of accounting in business.

{a} Receipts

{b} Expenses

{c} book keeping

{d} Transaction

 

2 ________________________ is used to keep all the activities in the farm.

 

3 ________________________ Are goods returned to the selling entity by the customer.

{a} Purchase invoice

{b} Return inwards

{c} Returns outwards

{d} Purchase invoice

 

4 A good returned by an organization to its suppliers is called ________________________.

{a} purchase journal

{b} returns outwards

{c} purchases invoice

{d} sales journal

 

5 ________________________ is used to record day to day events of the farm.

 

Relevant links:

 

6 ________________________ is a document containing the financial activities in the farm.

 

7 Revenue means ________________________________________________.

 

8 Expenditure means ________________________________________________.

 

9 Three sources of government income are ________________________, ________________________ and ________________________.

 

10 When the expenditure is greater than the revenue, we have ________________________.

{a} profit

{b} loss

 

 

{c} returns

{d} equal amount

 

11 When income and expenditure are at equilibrium, we have ________________________.

 

12 When revenue is greater than expenses, it is ________________________.

 

13 The record used to put down the amount of production in the farm is called

{a} produced record

{b} producer record

{c} production record

{d} productional record

 

14 Consumption records shows ________________________.

 

15 ________________________ is an electronic or paper type file that keeps tracts of the sales that is associated with the farm.

{a} Purchases record

{b} Sales record

{c} Loss account

{d} Expenditure record

 

16 ________________________ is a market where shares, stocks and other securities are bought and sold.

{a} Commodity

{b} Perfect

[c} Stock exchange

{d} Monopolistic

 

17 The governing body of the stock exchange is ________________________.

 

18 The market deals in the following except ________________________.

{a} shares

{b} stock

{c} income

{d} bond

 

19 The salaried office workers employed by brokers and jobbers are ________________________.

{a} investors

{b} speculators

{c} brokers

{d} authorized clerk

 

20 People who specialize in a particular type of stocks and shares are ________________________.

{a} speculators

 

 

{b} brokers

{c} jobbers

{d} investors

 

 

SECTION A — THEORY

ANSWER FOUR{4} QUESTIONS IN ALL.

 

QUESTION 1

a. Define farm records.

 

b. Highlight four{4} of its importance.

 

c. What is meant by financial records.

 

QUESTION 2

Discuss in detail, ‘ Income and Expenditure’. Use three examples to show your view.

 

QUESTION 3

Comment on the following:

a. Farm diary

 

b. Production record

 

 

c. Consumption record

 

d. sales record.

 

QUESTION 4

a. Discuss profit and loss account using figures to distinguish them.

 

b. Discuss computer aided farm.

 

QUESTION 5

a. Define agriculture in stock exchange.

 

b. Enumerate five (5) people involve in it.

 

c. Comment on the following:

(I) The jobbers

(ii) Authorized clerk

(iii) Investors

 

Good Luck