Sources of Finance

Sources of Finance

1st - 5th Grade

17 Qs

quiz-placeholder

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Sources of Finance

Sources of Finance

Assessment

Quiz

Business

1st - 5th Grade

Medium

Created by

G Simpson

Used 12+ times

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17 questions

Show all answers

1.

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

2.

MULTIPLE CHOICE QUESTION

30 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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of a friends and family loan?

It means you have no savings
It can lead to personal conflicts
It can take a long time to arrange
They can be recalled immediately

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most likely source of finance for a small firm?

A debenture

Issuing shares

A bank loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most likely source of finance for buying property?

Mortgage

Factoring

A bank loan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of finance does not need to be repaid.

Bank Loan
Overdraft
Mortgage
Government Grant

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The source of finance that is provided by the Owners is called 

Capital
Overdraft

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