Unit 1 - Business Management - Sources of Finance - 3.4

Unit 1 - Business Management - Sources of Finance - 3.4

11th - 12th Grade

10 Qs

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Unit 1 - Business Management - Sources of Finance - 3.4

Unit 1 - Business Management - Sources of Finance - 3.4

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Medium

Used 23+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not an external source of finance?

crowdfunding

bank overdraft

bank bills

mortgage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a short term source of finance?

mortgage

leasing

trade credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Equity is defined as...

starting a business using personal finance or business revenues

individuals or businesses that invest in a new business

funds contributed by the owner(s) of a business to start and build the business

funds available for the short term commitments of a business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individuals or businesses that invest in a new business are called?

crowd funders

lending institutions

boot strappers

angel investors

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The funds provided by banks, other financial institutions, government and suppliers, which must be paid back over time with interest is called...

working capital

bank overdraft

debt

shares

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a loan on a property, secured by the property of the borrower (the business)

leasing

crowdfunding

shares

mortgage

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Lessor is the person who is granted the lease.

False

True

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