Unit 3 A,B,C finance exam BTEC

Which item relates capital expenditure ?

• worker wages

• rent

• vehicle purchase

• insurance

The electric bill for your office =

• capital income

• capital spending

• revenue income

• revenue spending

Which is an intangible asset ?

• goodwill

• vehicle

• land

• building

Large amounts of money from lenders or investors =

• revenue income

• capital income

Equity finance is obtained from :

• shareholders

• lenders

The Financial Services Compensation Scheme (FSCS) protects savings up to :

• £8,500

• £85,000

• £850

• £185,000

The main benefit of premium bonds :

• interest on savings

• dividends paid

• guaranteed prize win

• chance of winning a prize

Which organisation is owned by shareholders ?

• 
• 
• 
• 

The maximum amount you can save into an ISA in a tax year =

• £10,000

• £20,000

• £85,000

• £5,000

Which is a long term source of finance ?

• overdraft

• mortgage

• credit card

• payday loan