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Farm Record Keeping Questions
Farm Record Keeping Questions
Farm Record Keeping Questions
iamalcorndev
2022-09-05T11:48:51-05:00
Name
*
Email
*
Phone Number
*
1. There are several important reasons to keep accurate and complete family farm records.
*
True
False
2. Half of the countries Farm/Ranch land in now rented or leased
*
True
False
3. You should always keep neat farm records.
*
True
False
4. Record keeping can aid in planning or your farm business
*
True
False
5. Farm Records can be used for tax reason
*
True
False
6. Don’t use your personal checking account for your business
*
True
False
7. Count all items in inventory and include the purchase cost of each item
*
True
False
8. Take inventory every five years
*
True
False
9. The key to successful record keeping is a good accounting system.
*
True
False
10. You should always deposit cash once a week
*
True
False
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