Practice Test Geeks(AFM) Accredited Farm Manager Certification Practice Test
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Agricultural Management & Operations Flashcards

7 cards from real AFM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Agricultural Management & Operations flashcards as text

  1. Which of the following best describes 'precision agriculture' in a farm management context?

    Answer: Using site-specific data to vary inputs spatially, matching application to actual field variability

    Precision agriculture uses GPS, remote sensing, and variable-rate technology to apply inputs where and in the amount they are actually needed.

  2. A farm manager is creating a cash flow projection for the coming year. Which item would NOT be included in an operating cash flow statement?

    Answer: Principal payment on a land mortgage

    Principal repayments on long-term debt are financing cash flows, not operating cash flows, and appear in the financing section of a cash flow statement.

  3. Which tillage system is MOST associated with reducing soil erosion while maintaining crop residue on the surface?

    Answer: No-till farming

    No-till farming leaves the maximum amount of crop residue on the soil surface, providing erosion protection from wind and water.

  4. In a SWOT analysis applied to a farm business, which quadrant would 'aging farm equipment with high repair costs' fall under?

    Answer: Weaknesses

    Aging equipment with high repair costs is an internal limitation of the farm business, classifying it as a weakness in SWOT analysis.

  5. A poultry integrator pays a grower a base rate plus a performance bonus tied to feed conversion and mortality. What type of production arrangement is this?

    Answer: Production contract (tournament/ranking system)

    This describes a production contract where the integrator owns the birds and pays a base rate plus bonuses based on performance relative to other growers in the 'tournament.'

  6. Which factor is MOST critical when selecting a crop variety for a specific field in U.S. production agriculture?

    Answer: Local performance data from university or industry trials in the same region and soil type

    Local performance data from trials conducted in similar soil types and climate zones is the most reliable basis for variety selection.

  7. What is the primary purpose of a written farm business plan when seeking agricultural financing?

    Answer: To demonstrate to lenders that the operation has a clear strategy, cash flow projections, and risk mitigation plan

    A farm business plan gives lenders evidence of management competence, repayment capacity, and how production and market risks will be managed.