Formative Assessment Topic 2&3 Short term & Long term Financing
Authored by CtZakiah B
Business
University
Used 6+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is two type sources of short-term credit?
Unsecured funding and Secured funding
Secured funding and sure funding
Unsure funding and Unsecured funding
Sure funding and Unsure finding
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is Unsecured funding?
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is Secured funding?
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Gives an example of unsecured funding.
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Give an example of secured funding.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Iskandar Company required additional funds of RM 450,000 to expand its business and target to settle it in 9 months. Suppose Squid Bank offers 8% for a discounted loan to Iskandar Company and needs 20% for the balance of compensation in the Squid Bank account. Calculate Amount Received (AR).
RM 451,000
RM452,000
RM453,000
RM450,000
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Iskandar Company required additional funds of RM 450,000 to expand its business and target to settle it in 9 months. Suppose Squid Bank offers 8% for a discounted loan to Iskandar Company and needs 20% for the balance of compensation in the Squid Bank account. Calculate Amount Borrow (AB).
RM607,108.11
RM608,108.11
RM609,000.11
RM610,000.11
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
