Getting Finance
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9th - 10th Grade
Used 5+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a source of finance?
A method of earning incomes
The different ways a business can fund themselves
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What does internal mean?
A source from within the business
A source from outside the business
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What does external mean?
A source from within the business
A source from outside the business
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which is an example of an internal source of finance?
Owners' Funds
Hire Purchase
Leasing
Trade credit
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is an advantage of a bank loan?
There will be little or no interest
You can pay in smaller installments
They are quick and easy to arrange
You don't have to pay it back
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is an advantage of owners' funds?
There will be little or no interest
You can pay in smaller installments
They take a long time to arrange
You don't have to pay it back
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is an advantage of friends & family loan?
There will be little or no interest
You can pay in smaller installments
They take a long time to arrange
You don't have to pay it back
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