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Financial Management Week 4 Quiz

Authored by Tina Puri

Business

University

Used 1+ times

Financial Management Week 4 Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes finance?

Funds for a business

Customers for a business

Profits for a business

2.

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which option is an example of short term finance?

Mortgage

Factoring

A bank loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4

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

Mortgage

Factoring

A bank loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most likely source of finance for buying a new IT system?

Mortgage

Factoring

A bank loan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following options is a source of internal finance?

Selling assets

Trade credit

A bank loan

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is interest the reward for?

Borrowing

Lending

Trading

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