Farm Machinery MCQs
Farm Machinery MCQs
Our experts have gathered these Farm Machinery MCQs through research, and we hope that you will be able to see how much knowledge base you have for the subject of Farm Machinery by answering these multiple-choice questions.
Get started now by scrolling down!
1: What is gross profit margin from parts, labor and rent-to-rent business divided by?
A. Total dealership expenses
B. Sales revenue
C. Net income
D. Gross profit
E. Sales volume
2: What is the total gross profit margin from parts, labor and rent-to-rent business?
A. Coverage rate
B. Profit margin
C. Absorption rate
D. Average collection period
E. Margin of safety
3: What kind of sale is aftermarket sales?
A. Parts and service
B. Sales
C. Trade-in
D. Factory outlet
4: What is the name of the sale that a new customer may make if they previously bought from another brand?
A. Hybrid Sale
B. Black Friday Sale
C. Factory Clearance Sale
D. Flash Sale
E. Conquest Sale
5: What is a dealership really a method of product distribution for?
A. A wholesaler
B. A retailer
C. A manufacturer
D. A store
E. A place to buy a car
6: What type of database is used in a dealership?
A. Dealer Business System Management software
B. Vehicle Maintenance and Repair Databases
C. Automotive Parts Databases
D. Vehicle Management System
E. Accounting System
7: What is the term for the items sold by the farmer to the manufacturer?
A. Materials
B. Product
C. Sales Equipment
D. Output
E. Raw Material
8: What kind of sale does the farmer make after they purchase the equipment from the manufacturer?
A. Trade-In Equipment
B. Direct Sales Equipment
C. Rental Equipment
D. Wholesale Equipment
9: What is the measure of an auto dealer's success in selling a customer a car they didn't ask for?
A. Fill Rate
B. Sale Rate
C. Return Rate
D. Customer Satisfaction
E. Margin
10: What is a form of financing retail inventory?
A. Floorplan A
B. Lease financing
C. Floorplan C
D. Floorplan B
E. Retail installment
11: What is a type of financing retail inventory?
A. Equipment lease form of financing retail inventory
B. Floorplan A form of financing retail inventory
C. Lease-purchase
D. Secured line of credit form of financing retail inventory
E. Secured retail installment
12: What does the term gross margin dollar mean?
A. Gross margin dollar
B. Gross margin percent
C. Gross profit dollar
D. Margin of sales
13: How is gross margin percent calculated?
A. By dividing the revenue by the total cost of goods sold
B. By dividing the product price by sales dollars
C. By dividing the net income by sales dollars
D. By dividing the gross margin dollars by sales dollars
E. By dividing the net sales dollars by the total cost of goods sold
14: What is the number of times a dealership sells through its inventory in a year?
A. Vehicles Sold
B. Inventory Turns
C. Number of Salespeople
D. Sales Reps
E. Number of Units Sold
15: How well is a business capitalized?
A. Total Assets
B. Current Ratio
C. Liquidity Measures
D. Leverage Measures
E. Asset Quality Measures
16: How well is the business capitalized?
A. Leverage Measures how well the business is capitalized
B. Net Working Capital how much cash is available to operate the business
C. Total Assets how much money is currently owned by the business
17: Major line farm equipment manufacturers offer a full line of equipment and what other product?
A. Irrigation systems
B. Harvesters
C. Hay balers
D. Grain storage
E. Tractors and combines
18: What is the name of the specific type of sales information that was measured by the Nissan Quest?
A. Market Share Percentage
B. Unit Sales
C. Average Selling Price
19: A market share percentage is an example of what type of information?
A. Margin
B. Expenditures
C. Sales
D. Profit
20: How much were parts salaries and commissions divided by parts department gross margin?
A. Parts Sales Ratio Parts salaries & commissions divided by parts department sales
B. Parts Productivity Ratio Parts salaries & commissions divided by parts department gross margin
C. Parts Department Gross Margin Parts salaries & commissions
D. Parts Department Operating Profit Parts salaries & commissions
E. Parts Profit Ratio Parts salaries & commissions divided by parts department profit
21: What percentage of parts department gross margin is parts salary?
A. 75%
B. Three fourths
C. 100%
D. Divided
E. Half
22: Along with GPS and variable rate, what other farming technology does Tesla offer?
A. Drone Delivery
B. Tesla Powerwall
C. Tractors with Ludicrous Speed
D. Autosteer
E. Tesla Roadster
23: What type of technology can improve the accuracy and efficiency of farming?
A. Robotics
B. GPS
C. Precision Farming
D. Green Technology
24: What makes up a dealership's main line?
A. Products
B. Location
C. Services
D. Sales
25: What does a purity car carry?
A. Produced in a specific country
B. The car
C. Unbranded products
D. Branded products
26: Return on Assets is equal to what?
A. Net income
B. Asset turnover
C. Net income before taxes
27: What is the ratio used to measure a company's profitability?
A. Return on Equity
B. Net Income
C. Return on Assets
D. Net Profit Margin
E. Gross Profit
28: What does the NPSE reveal about a company's profitibility?
A. How much a company spends on new products and services
B. What percentage of the company's revenue goes to profits
C. How much profit a company generates with the money shareholders have invested
D. How efficiently a company manages its resources
E. How much a company paid in taxes during the past year
29: How does the net income as a percentage of shareholder's equity reveals profitibility?
A. By revealing how much profit a company generates with the money shareholders have invested
B. By revealing how much money a company has left over after paying its expenses
C. By revealing how efficient a company is at turning shareholder's money into profits
D. By revealing how efficient the company is at turning profits into shareholder value
E. By revealing how much debt a company has taken on
30: Sales Productivity Ratio divided by what?
A. Number of products sold
B. Sales department gross margin
C. Sales force size
D. Sales engineering department
31: What is a term for the amount or percentage of a customer's total business a dealership earns?
A. Relationship
B. Wallet
C. Share
32: How many customers do a dealership's tractors and livestock equipment appeal to?
A. Market share
B. Prospective customers
C. Repeat customers
D. New customers
E. In-house consumers
33: What type of equipment is not part of a full line or major line brand?
A. Import/Export
B. Regional Brewery
C. Regional Transport
D. Shortline Specialty
34: To what group does a shortline specialty piece belong?
A. A shortline operator
B. A short line
C. A full line or major line brand
D. A regional railroad
35: What do distributors buy from manufacturers?
A. Money
B. Equipment
C. Product
D. Raw materials
E. Finished goods
36: Wholesale is the sale of equipment to who to sell to the public?
A. Manufacturers
B. Distributors
C. Retailers/detailers
D. Wholesalers
37: What does the end user purchase equipment to use?
A. Retail
B. Equipment
C. Maintenance
D. Wholesale
E. Service
38: What type of tractor is less than 40 horsepower?
A. Compact
B. Standard
C. Large
D. Heavy
E. Mid-sized
39: How many people have a 40-horsepower or less tractor?
A. Less than 40 horsepower tractors
B. 40 to 49 horsepower tractors
C. 50 to 59 horsepower tractors
D. 40 horsepower or less tractor
E. More than 40 horsepower tractor
40: What kind of tractors are 40-99 horsepower?
A. Utility
B. Farm
C. Construction
D. Farming
41: What type of tractor has a maximum horsepower rating of 100+?
A. Mid-horsepower
B. Low-horsepower
C. Medium-horsepower
D. High-horsepower
42: What type of Drill does Agri-Fab sell?
A. Hand Drill
B. Electric Drill
C. Air Drill
D. Hydraulic Drill
43: What type of seed is planted using air?
A. Drill
B. Soybean
C. Air Drill Implement
D. Hand Drill
E. Corn
44: What uses GPS or other technologies to guide tractors and other self-propelled equipment through farm fields?
A. Communication
B. Radio Navigation
C. Navigation
D. Laser Guidance
E. Auto Steer
45: What gets its name from the size of the implement vs. traditional discs?
A. VHS
B. Mini Disk
C. CD
D. Compact Disc
E. Laserdisc
46: What is an example of forage?
A. Fruit and vegetables
B. Grain
C. Hay and other grasses
D. Vegetables
E. Grain and other seeds
47: What technology uses 3 satellites to give an accurate reading on where a person is located?
A. Cell Phone Towers
B. Amateur Radio
C. Air Traffic Control
D. Global Positioning System
48: How many signals are used with GPS?
A. 3
B. 1
C. 5
D. 2
E. 4
49: What does the GPS do?
A. Display the user's location on a map
B. Connect to cell towers
C. Get a triangulated read on a user's location
D. Convert UTC time to local time
E. Keep a user's location history for a set amount of time
50: What is used for grinding and blending feed for livestock?
A. Grinder-Mixer Implement
B. Mill
C. Chopper
D. Hog Pit
E. Feed Mill
List of Farm Machinery MCQs Mu...
Available in:
Farm Machinery MCQs
Вопросы по сельхозтехнике на русском языке
Preguntas sobre maquinaria agrícola en español
日本語での農機具の質問
Domande sulle macchine agricole in lingua italiana
Questions sur les machines agricoles en français
Perguntas sobre máquinas agrícolas em português
Fragen zu Landmaschinen in deutscher Sprache
中文农机问题
أسئلة الآلات الزراعية باللغات العربية
Soal Mesin Pertanian dalam bahasa Indonesia
Türk dillerinde Tarım Makinaları soruları
