ExamsSCHOOL OF SCIENCE AND TECHNOLOGY

National Open University Exam Past Question – AEM 753 October, 2013 Examination

NATIONAL OPEN UNIVERSITY OF NIGERIA AEM 753 FARM MANAGEMENT

14/16, Ahmadu Bello Way, Victoria Island

 

SCHOOL OF SCIENCE AND TECHNOLOGY October, 2013 Examination

 

 

Course Code:  AEM 753

 

Course Title:    FARM MANAGEMENT

 

INSTRUCTION: ANSWER ONLY 4 QUESTIONS                                                 TIME: 2 ½ HOURS

 

 

 

  1. 1. a. What is farm management?
  2. b. State the advantages of keeping farm record
  3. What are the basic in formations needed for farm records?
  4. d. State the characteristics a good farm manage

 

  1. 2. a. i. What is efficiency?
  2. What are the measures of efficiency of a farm?
  3. b. Mention the decision rules and strategies to deal with risk and uncertainti c. Mention the uses of Resources.
  4. d. Outline the tips for making profit in a livestock enterp

 

  1. 3. a. What are the characteristics of farm land?
  2. b. As a professional, what advice would you offer to a farmer when land is limited in supply, in order to enhance his productivity?
  3. In what ways can the gross margin per man-hour be increased?
  4. d. Identify five measures generally used by Nigeria small scale farmers to reduce

 

  1. 4. a. i. What are resources?
  2. Name the different types of resources.

iii. Why do we manage resources?

  1. b. Mention the steps in problem solving approach in farm management. c. Differentiate between budgeting and farm budget.
YOU MAY ALSO LIKE  National Open University Exam Past Question - ECE 412 OCTOBER/NOVEMBER 2014 EXAMINATION

 

  1. 5. a. What are the methods of gathering farm data?
  2. b. i. Define valuation
  3. What are the various methods of valuation?
  4. Name the two steps involved in taken a farm inventory d. Define farm liability.
  5. e. Mention the classes of liabilities, giving examples.

 

  1. 6. What is net worth statement?
  2. b. i. What are the measures of financial success and capital position of a farm?
  3. Define each of these measures. c. When is a farm said to be solvent?
  4. d. What are the indicators of solvency?
  5. e. Define each of these three indicato

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close