G 11 Business Finance

G 11 Business Finance

11th Grade

10 Qs

quiz-placeholder

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 G 11 Business Finance

G 11 Business Finance

Assessment

Quiz

Business

11th Grade

Hard

Created by

Maya Kharishma

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a permanent source of finance?

long-term loan

retained profit

overdraft

sale of stock

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes working capital?

Capital needed for capital expenditure

Capital needed to start a business

Capital spent on wages

Capital needed for day to day expenditure

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is true?

Businesses should aim to increase their working capital

Businesses need working capital to impress investors

Businesses need working capital because cash inflows and and cash outflows happen at different time

None of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increasing credit terms to costumers are likely to :

upset costumers

please costumers

decrease working capital

provide additional long term finance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the most likely use for Debt factoring?

Providing small amounts of finance for one-off problems

Providing regular large amounts of finance

Providing permanent finance

To finance major long terms

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements best describe debentures?

Long term bonds issued by businesses

Short term loans by banks to businesses

A type of overdraft

A loan that is secured against an asset

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A public limited company wants to take over a competitor. This will involve a large amount of finance. The best source of finance is likely to be:

an overdraft

debt factoring

taking on a new partner

a share issue

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