Sources of Finance

Sources of Finance

11th Grade

11 Qs

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Sources of Finance

Sources of Finance

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Jodie Davies

Used 724+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does internal source of finance mean?

A source from within the business

A source from outside the business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does external source of finance mean?

A source from within the business

A source from outside the business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of an internal source of finance?

Owner's Capital

Venture Capitalist

Overdraft

Trade credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of an external source of finance?

Owner's capital

Hire Purchase

Retained profits

Sale of assets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of an external source of finance?

Owners' Funds

Sale of assets

Retained profits

Bank loan

6.

MULTIPLE CHOICE QUESTION

30 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

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an advantage of owner's capital?

There will be 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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