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N4/5 BM - Finance

Authored by St Roch's Bus Ed

Computers

3rd Grade

Used 1+ times

N4/5 BM - Finance
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which source of finance is ONLY available to an Ltd or PLC company?

Selling shares
Bank loan
Grants
Retained profits

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which source of finance is NOT available to ALL types of business organisations?

Selling shares
Selling unwanted assets
Grants
Leasing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name for a large amount of money borrowed from a bank to pay for property/premises?

Overdraft
Loan
Mortgage
Debt

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which source of finance involves getting rid of unwanted items that the company owns?

Sale of liabilities
Sale of assets
Jumble sale
Sale of equity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Name the person who likes to take on risky investments in return for part ownership of the business?

Adventurer
Investor
Donor
Venture Capitalist

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What source of finance involves paying a deposit for an asset then making monthly payments, after which you own the asset outright.

Leasing
Renting
Hire purchase
Savings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is NOT a benefit of leasing?

Can get to use asset quickly
You own it after a certain period of time
Asset is replaced if it becomes obsolete
Do not need to pay out a large sum of money up front

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