Association of Chartered Certified Accountants (ACCA) Certification Practice Test

What is one of the sectors included under the category of business sectors?

1. Agriculture

2. Healthcare

3. Information Technology

4. Education

The correct answer is: Agriculture

The correct choice, Agriculture, is a significant component of the business sectors because it forms the foundational element of the economy, providing essential resources such as food, raw materials, and employment opportunities. Agriculture encompasses various activities related to farming, livestock, fishing, and forestry, all of which are crucial for sustaining society and supporting economic development. In the context of business sectors, agriculture contributes not only to agribusiness but also plays a vital role in supply chains and the overall economy. It involves various levels of operations, from small family farms to large agribusiness corporations, thereby influencing numerous other sectors, including manufacturing and retail. While Healthcare, Information Technology, and Education are also important sectors within the broader industry landscape, the question specifically asks for one of the sectors included under the category of business sectors, and Agriculture is often recognized as a primary sector that lays the groundwork for other service-oriented or secondary sectors in an economy.