T F 1) Three types of taxes are imposed on farm income: ordinary income tax, self- employment tax and capital gains tax. T F 2) Depreciation is typically included in a cash flow budget. a T F 3) For a given total cost, the higher the yield, the lower the break-even price. T F 4) Opportunity costs are never included on an enterprise budget. T F 5) A whole-farm plan often consists of several enterprises, so enterprise budgets are often called the building blocks of a whole-farm plan and budget. T F 1) Three types of taxes are imposed on farm income: ordinary income tax, self- employment tax and capital gains tax. T F 2) Depreciation is typically included in a cash flow budget. a T F 3) For a given total cost, the higher the yield, the lower the break-even price. T F 4) Opportunity costs are never included on an enterprise budget. T F 5) A whole-farm plan often consists of several enterprises, so enterprise budgets are often called the building blocks of a whole-farm plan and budget