Where was the Battle of Bunker Hill fought?

Where was the Battle of Bunker Hill fought?Answer: Reeds H...

What is meant by defaulting?

What is meant by defaulting?Answer: failing to re...

You must be enrolled at least _____ in a degree-granting program to qualify. That means that some part-time students are not _______.

You must be enrolled at least _____ in a degree-granting program to qualify. That means that some part-time students are not _______.Answer: half,...

What is meant by loan deferment?

What is meant by loan deferment?Answer: It allows you to put off making payments while you're in school, but still piles up due to inter...

______ should always be your last resort for financing a college education.

______ should always be your last resort for financing a college education.Answer: lo...

What should you have completed by your junior and senior years of high school to prepare you for financing college?

What should you have completed by your junior and senior years of high school to prepare you for financing college?Answer: Evaluating your financial...

About ____ percent of full-time undergraduate students receive some type of financial aid, with _____ percent receiving federal financial aid.

About ____ percent of full-time undergraduate students receive some type of financial aid, with _____ percent receiving federal financial aid.Answer: 80,...

Many students seem to be taking the scenic route through college, with more than ______ taking ______ years to graduate from a four-year college and only a _______ graduating from a two-year program within _______ years. _________ means more tuition, fees, and other expenses.

Many students seem to be taking the scenic route through college, with more than ______ taking ______ years to graduate from a four-year college and only...

Although continuing your education after high school has big benefits, it also can come with a big price tag. In fact, _____ times as many students drop out of degree and certificate programs due to ______ and ______ than because of grades.

Although continuing your education after high school has big benefits, it also can come with a big price tag. In fact, _____ times as many students drop...

The U.S. Military: Thousands of jobs need to be filled in the U.S. military—and _____ percent of them have a counterpart in the civilian world. While you are serving in the military, _____ for specific careers and skills is available at no cost.

The U.S. Military: Thousands of jobs need to be filled in the U.S. military—and _____ percent of them have a counterpart in the civilian world. While...

By having backup opportunities, you've also ___________________. You'll also ________ the odds of having a career that you find satisfying.

By having backup opportunities, you've also ___________________. You'll also ________ the odds of having a career that you find satisfying.Answer: increased...

The more potential careers you can explore, the more likely

The more potential careers you can explore, the more likelyAnswer: you will be to find one that is a good fit for your goals and l...

You earning potential is 100 percent determined by ____

You earning potential is 100 percent determined by ____Answer: ...

Remember that no matter how difficult paying for your education may seem, there are _________ available to you which can help make the process as easy as possible.

Remember that no matter how difficult paying for your education may seem, there are _________ available to you which can help make the process as easy...

Do keep in mind that you may be asked to submit additional documents in order to verify the accuracy of your FAFSA; financial aid offices have been empowered by the federal government to do this, and are able to withhold any and all financial aid until all ___________ documents have been submitted to their satisfaction.

Do keep in mind that you may be asked to submit additional documents in order to verify the accuracy of your FAFSA; financial aid offices have been empowered...

It will take the US Department of Education several business days to process your FAFSA application, but after that period has passed, you may choose to contact the institution of higher education's ___________ to verify that they have received your application.

It will take the US Department of Education several business days to process your FAFSA application, but after that period has passed, you may choose...

Pay close attention to the "_______________" section of the SAR, as this will alert you to any action required at that time, or any obvious mistakes that you should correct

Pay close attention to the "_______________" section of the SAR, as this will alert you to any action required at that time, or any obvious mistakes that...

After you have completed and submitted your FAFSA online, you will receive back what is called a ____________, or SAR

After you have completed and submitted your FAFSA online, you will receive back what is called a ____________, or SARAnswer: Student Aid Rep...

You can select potential schools from the provided list, or you can enter in the school's unique six digit _________ School Code, if you know it.

You can select potential schools from the provided list, or you can enter in the school's unique six digit _________ School Code, if you know it.Answer: Title...

You will be able to send your FAFSA information to up to __ schools.

You will be able to send your FAFSA information to up to __ schools.Answer: ...

You can then use your ____, your previous year's tax returns, and your best estimates to complete the FAFSA.

You can then use your ____, your previous year's tax returns, and your best estimates to complete the FAFSA.Answer: W...

If you qualify, you can use the __________tool to automatically link your FAFSA to your IRS records and populate your FAFSA with that data.

If you qualify, you can use the __________tool to automatically link your FAFSA to your IRS records and populate your FAFSA with that data.Answer: data...

Much of the income information asked about on the FAFSA can be retrieved from specific lines of you or your parents' or guardians' federal _______ form.

Much of the income information asked about on the FAFSA can be retrieved from specific lines of you or your parents' or guardians' federal _______ fo...

Keep in mind that the first F in FAFSA stands for _____, so if you find yourself at any time being charged or asked for money, you have gone to the wrong web address.

Keep in mind that the first F in FAFSA stands for _____, so if you find yourself at any time being charged or asked for money, you have gone to the wrong...

You can file a FAFSA from any place that you have a computer and ________.

You can file a FAFSA from any place that you have a computer and ________.Answer: internet acc...

You will also need your most recent bank statements, and information on additional ________ such as a 2nd home, stocks, etc.

You will also need your most recent bank statements, and information on additional ________ such as a 2nd home, stocks, etc.Answer: ass...

After you have applied for the necessary PINs, you will want to evaluate your _____________ status.

After you have applied for the necessary PINs, you will want to evaluate your _____________ status.Answer: Federal Tax Ret...

Your next step is applying for a ______________________, or PIN, which is used to sign your FAFSA electronically.

Your next step is applying for a ______________________, or PIN, which is used to sign your FAFSA electronically.Answer: Personal Identification...

Your first step will be determining your _______________

Your first step will be determining your _______________Answer: dependency sta...

You are always encouraged to file your FAFSA as early as possible, preferably before the end of January, as some financial aid is offered on a _________.

You are always encouraged to file your FAFSA as early as possible, preferably before the end of January, as some financial aid is offered on a _________.Answer: first...

You can begin filing a new or renewal FAFSA every year beginning on _________ for the upcoming Academic Year.

You can begin filing a new or renewal FAFSA every year beginning on _________ for the upcoming Academic Year.Answer: January ...

An Academic Year begins in the ____ semester and includes the Fall, Winter, Spring, and Summer semesters, with a new Academic Year beginning the following Fall.

An Academic Year begins in the ____ semester and includes the Fall, Winter, Spring, and Summer semesters, with a new Academic Year beginning the following...

One FAFSA application applies to _____ ACADEMIC Year, as opposed to calendar year.

One FAFSA application applies to _____ ACADEMIC Year, as opposed to calendar year.Answer: ...

Your financial need is determined from the information you include on the FAFSA application to calculate a number called your EFC, or _____________.

Your financial need is determined from the information you include on the FAFSA application to calculate a number called your EFC, or _____________.Answer: Expected...

It is your first step in applying for loans, grants, and work-study, which are all ________ to students on the basis of financial need.

It is your first step in applying for loans, grants, and work-study, which are all ________ to students on the basis of financial need.Answer: a...

The FAFSA is an application submitted ________ and used by institutions of ___________ nationwide to gather information about you and your household in order to determine what kinds of financial aid you qualify for.

The FAFSA is an application submitted ________ and used by institutions of ___________ nationwide to gather information about you and your household in...

If a student is interested in applying for __________ the first thing you need to do is contact your ______ or ________ about applying for their scholarships.

If a student is interested in applying for __________ the first thing you need to do is contact your ______ or ________ about applying for their scholarships.Answer: scholarships,...

For the student _____ programs, you only have to be in a minimum of ___ hours to receive a student loan so students should not be discouraged if they find they must work and go to school ____-time.

For the student _____ programs, you only have to be in a minimum of ___ hours to receive a student loan so students should not be discouraged if they...

There are many good things about the _______ program. First of all, there are ______ hours, meaning the student can go to class and then go to work and go back to lab.

There are many good things about the _______ program. First of all, there are ______ hours, meaning the student can go to class and then go to work and...

There are ______ programs, which is basically ______ money that the student does not have to ______.

There are ______ programs, which is basically ______ money that the student does not have to ______.Answer: grants, free, re...

The ______ is how you apply for federal grants, on-campus jobs and student loans.

The ______ is how you apply for federal grants, on-campus jobs and student loans.Answer: FA...

About __ to__ percent of all college students are receiving some type of financial aid to help fund their higher education.

About __ to__ percent of all college students are receiving some type of financial aid to help fund their higher education.Answer: 40,...

A _______ degree can lead to graduate or postgraduate _______ or a ________ career.

A _______ degree can lead to graduate or postgraduate _______ or a ________ career.Answer: bachelor's, studies, professio...

______ programs possess narrow specialization. In fact, this is their great advantage. They offer in-depth, hands-on ________, reducing the need for on-the-job training and consequently lowering learning _____ and cost.

______ programs possess narrow specialization. In fact, this is their great advantage. They offer in-depth, hands-on ________, reducing the need for on-the-job...

As a rule, colleges tend to be ______ than universities, providing a more _______ environment.

As a rule, colleges tend to be ______ than universities, providing a more _______ environment.Answer: smaller, close-k...

A _______ or ______ college offers ___ associate degrees; Associate of Arts or Associate of Science.

A _______ or ______ college offers ___ associate degrees; Associate of Arts or Associate of Science.Answer: community, junior,...

The average __________ earns approximately _______ more per year than that of a high school graduate. Individuals with only a high school education have unemployment rates of up to ___ times that of college graduates.

The average __________ earns approximately _______ more per year than that of a high school graduate. Individuals with only a high school education have...

All of the following are examples of items resulting in variable costs except:

All of the following are examples of items resulting in variable costs except:Answer: depreciati...

Matthew will have some timber available to sell in December, 1987. His income for 1987 is going to be about $40,000 but his estimated income for 1988 is $20,000 because his wife plans to quit work to begin a family. With no significant changes in the tax law between 1987 and 1988, he will probably be better off to:

Matthew will have some timber available to sell in December, 1987. His income for 1987 is going to be about $40,000 but his estimated income for 1988...

Mr. Johnson harvested corn in October, 1986. He stored the corn and sold it in May, 1987. With the accounting method he uses, he did not report the value of the corn as income on his 1986 tax return but will report it as income in 1987. His accounting method must be

Mr. Johnson harvested corn in October, 1986. He stored the corn and sold it in May, 1987. With the accounting method he uses, he did not report the value...

How much will the yearly depreciation be if you use the straight line depreciation method for a computer system costing $3,500 with a seven year life?

How much will the yearly depreciation be if you use the straight line depreciation method for a computer system costing $3,500 with a seven year life...

Magruder Farms Inc. presently has current liabilities in the amount of $10,000, intermediate liabilities of $50,000 and long term liabilities of $225,000. In order for the business to be considered solvent, total assets must be greater than ________.

Magruder Farms Inc. presently has current liabilities in the amount of $10,000, intermediate liabilities of $50,000 and long term liabilities of $225,000....

The speculator is important in the futures market because he:

The speculator is important in the futures market because he:Answer: accepts the price risk the hedger is seeking to av...

Farm budgets differ from farm records in that:

Farm budgets differ from farm records in that:Answer: records are a history of what has happened; budgets are a projection of what will happ...

Daryl purchased a tract of land and the owner agreed to finance the purchase. The loan was amortized over ten years but a clause in the contract called for the loan balance to come due at the end of five years. This particular type loan is called a ______ loan.

Daryl purchased a tract of land and the owner agreed to finance the purchase. The loan was amortized over ten years but a clause in the contract called...

When using published enterprise budgets, a producer should:

When using published enterprise budgets, a producer should:Answer: modify the budgets to suit his situati...

"Depreciation is best defined as:

"Depreciation is best defined as:Answer: an allowance for wear, tear, and obsolesce...

A business owned and managed by one person is called a:

A business owned and managed by one person is called a:Answer: sole proprietors...

Other things being equal, a decrease in the amount of an agricultural commodity offered for sale will result in:

Other things being equal, a decrease in the amount of an agricultural commodity offered for sale will result in:Answer: a higher pr...

An appropriate use for long term credit is to:

An appropriate use for long term credit is to:Answer: purchase land and buildin...

A lease between a tenant and a landlord should:

A lease between a tenant and a landlord should:Answer: be in writi...

Which items are most readily converted into cash without loss?

Which items are most readily converted into cash without loss?Answer: current ass...

Which of the following items would most likely result in a loss for a vegetable producer who decides not to plant anything this year because of low prices?

Which of the following items would most likely result in a loss for a vegetable producer who decides not to plant anything this year because of low p...

Pam said, "I paid $12,000 for this truck two years ago and would like to sell it for $10,000, but I know it has ________ more than that."

Pam said, "I paid $12,000 for this truck two years ago and would like to sell it for $10,000, but I know it has ________ more than that."Answer: ...

Good reasons to borrow money include:

Good reasons to borrow money include:Answer: increased returns are greater than the cost of borrowing mo...

Hedgers and speculators in the futures market are similar in that they

Hedgers and speculators in the futures market are similar in that theyAnswer: are both interested in making a pro...

If all other factors remain the same and the supply of a product goes up, then the price of that product will probably:

If all other factors remain the same and the supply of a product goes up, then the price of that product will probably:Answer: f...

Jason has a fixed cost of $2 and a projected variable cost of $.50 per bag of cabbage. The best price he can contract for a week before planting time is $2.25 a bag and it is too late to shift to another enterprise. Unfortunately, the projected price over the next few years is no better. What is your advise to Jason?

Jason has a fixed cost of $2 and a projected variable cost of $.50 per bag of cabbage. The best price he can contract for a week before planting time...

What factor might increase the demand of U.S. wheat

What factor might increase the demand of U.S. wheatAnswer: wheat crop failures in Argentina and Rus...

Suppose land prices in John's area are expected to be stable over the next several years and taxes are set at $10 per acre/per year. If John can get a long

Suppose land prices in John's area are expected to be stable over the next several years and taxes are set at $10 per acre/per year. If John can get a...

Cooperatives differ from noncooperative corporations in which area?

Cooperatives differ from noncooperative corporations in which area?Answer: how voting is d...

A soybean producer decides to store his beans in the local elevator for six months. The price at harvest is $5.20 per bushel and the elevator charges 1.5 cents per month/per bushel for storage. He has 5,000 bushels to sell and must borrow $26,000 at 10 percent interest for six months while he stores the soybeans. What price must he receive for his soybeans to break even and cover his storage and opportunity costs

A soybean producer decides to store his beans in the local elevator for six months. The price at harvest is $5.20 per bushel and the elevator charges...

Mr. Jones is currently growing cotton on a 40 acre tract of land. He plans to use a partial budget to determine if soybeans will be more profitable. Which of the following items would not be included in the partial budget?

Mr. Jones is currently growing cotton on a 40 acre tract of land. He plans to use a partial budget to determine if soybeans will be more profitable. Which...

A decline in value of an asset over its useful life associated with use, age, and obsolescence is known as

A decline in value of an asset over its useful life associated with use, age, and obsolescence is known asAnswer: depreciat...

The difference between total assets and total liabilities is

The difference between total assets and total liabilities isAnswer: net wo...

The price of a commodity is basically determined by the

The price of a commodity is basically determined by theAnswer: supply and demand for the prod...

Suppose John goes into the landscape maintenance business. If he has his truck and other equipment paid for and he does all the labor himself then he would

Suppose John goes into the landscape maintenance business. If he has his truck and other equipment paid for and he does all the labor himself then he...

If a farmer sells his livestock and machinery and produces nothing on his land, then

If a farmer sells his livestock and machinery and produces nothing on his land, thenAnswer: he would still have fixed co...

A person who is heavily in debt and has young dependents should consider ______________ for maximum protection at minimum cost.

A person who is heavily in debt and has young dependents should consider ______________ for maximum protection at minimum cost.Answer: term life...

When planning a change in resource use in a farm business, which of the following comparisons is considered most important?

When planning a change in resource use in a farm business, which of the following comparisons is considered most important?Answer: marginal cost...

Which of the following costs is considered to be a fixed cost?

Which of the following costs is considered to be a fixed cost?Answer: real estate ta...

The primary purpose of the total budget is

The primary purpose of the total budget isAnswer: To show what the net return to the owned resources of the farm will be under the farm p...

For maximum profit, one should strive for

For maximum profit, one should strive forAnswer: maximum net pro...

Suppose a piece of machinery is to have $4500 total depreciation over its lifetime. Using the straight line depreciation method, how much depreciation can be taken off the third year if the machinery has an expected life of 5 years and no salvage value?

Suppose a piece of machinery is to have $4500 total depreciation over its lifetime. Using the straight line depreciation method, how much depreciation...

An example of a variable cost of machinery operation would be

An example of a variable cost of machinery operation would beAnswer: fuel for the equipm...

You are hired by a bank to determine if Bob Smith's Orchard is over capitalized. You report to the bank that yes, he is over capitalized. In other words Smith

You are hired by a bank to determine if Bob Smith's Orchard is over capitalized. You report to the bank that yes, he is over capitalized. In other words...

Price is determined largely by the supply and demand of products. If the government fixes the price above the equilibrium point of the supply and demand curve, a _________ will result.

Price is determined largely by the supply and demand of products. If the government fixes the price above the equilibrium point of the supply and demand...

If the price of inputs has risen 10% since last year but the price received for the crop and the yield is the same, then gross income will be

If the price of inputs has risen 10% since last year but the price received for the crop and the yield is the same, then gross income will beAnswer: the...

Suppose a producer planted two acres of pickyour-own strawberries and sold them all on the first day he opened for business. Which action below would not be logical?

Suppose a producer planted two acres of pickyour-own strawberries and sold them all on the first day he opened for business. Which action below would...

Suppose a producer discovers insects in his cotton and decides to use an insecticide to save the crop. A bank will loan him $2000.00 at 9.5% interest until he sells his crop 12 months later. At that time he must repay the loan. How much will he pay in interest if simple interest is computed?

Suppose a producer discovers insects in his cotton and decides to use an insecticide to save the crop. A bank will loan him $2000.00 at 9.5% interest...

Suppose you go to a bank to get a loan. If you are asked about your equity you tell them about

Suppose you go to a bank to get a loan. If you are asked about your equity you tell them aboutAnswer: your assets minus your liabilit...

One use of short term credit might be for

One use of short term credit might be forAnswer: fertilizer applied to cr...

If farmers experience a crop failure the GNP (Gross National Product) is

If farmers experience a crop failure the GNP (Gross National Product) isAnswer: decrea...

A major obstacle to starting a farming operation is

A major obstacle to starting a farming operation isAnswer: the amount of capital requi...

A document that shows the exact size, location, ownership, and method of ownership of property is a

A document that shows the exact size, location, ownership, and method of ownership of property is aAnswer: D...

Which financial institution is specifically designed to make long term farm loans?

Which financial institution is specifically designed to make long term farm loans?Answer: The Federal Land B...

The number of farms in the U.S. is

The number of farms in the U.S. isAnswer: decreasi...

In theory, how do grain reserves stabilize prices?

In theory, how do grain reserves stabilize prices?Answer: by releasing supplies in short production years and absorbing supplies in big production...

A grower might sign a contract to produce a product at a set price in order to

A grower might sign a contract to produce a product at a set price in order toAnswer: reduce ri...

Mr. Brown purchased a computer system for use in managing his farm. How much will the depreciation be for the first year. Assume that the computer will be sold at the end of five years for a salvage value of $600

Mr. Brown purchased a computer system for use in managing his farm. How much will the depreciation be for the first year. Assume that the computer will...