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AS Business Finance

Authored by V Turnbull

Business

12th Grade

Used 252+ times

AS Business Finance
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20 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is asset?

An item of property owned by a person or company
An item owned by a business that lasts for several years.

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is NOT a source of Internal finance?

Retained profit
Sale of existing assets
Issue of shares
All are sources of Internal finance

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Short-term assets and short-term liabilities are referred to as the firm's:

cash flow.

capital budget.

capital structure

working capital.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A business organisation that is similar to a sole proprietorship but has two or more owners is called a:

limited liability company.

corporation.

dual company.

partnership.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which ONE of the following relates to the ability of a business to pay its debts as they fall due?

growth

liquidity

efficiency

profitability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a type of short-term external source of funds?

leasing

overdraft

mortgages

debentures

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Retained Profits is an example of:

Internal Finance

External Finance

Unsensible Finance

Long-Term Finance

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