WorksheetsBusiness Finance
Total questions: 10
Worksheet time: 3mins
Name
Class
Date
1.
What is start up capital?
a)
Finance needed before starting trading.
b)
Finance paid after trading.
c)
Finance paid to banks.
2.
Working capital is sometimes called as...
a)
life of money
b)
life of blood
c)
life of soul
d)
life of human
3.
An example of working capital is...
a)
pay electricity bills.
b)
pay machinery.
c)
pay rent cost.
d)
pay insurance.
4.
What is capital expenditure?
a)
Money spent for fixed assets which last about 6 months.
b)
Money spent for fixed assets which last about for more than a year.
c)
Money spent on a day-to-day basis.
d)
Money spent per hour rate.
5.
What is asset?
a)
An item of property owned by a person or company
b)
An item owned by a business that lasts for several years.
6.
What is revenue expenditure?
a)
Money spent on monthly expenses
b)
Money spent on hour to hour expenses
c)
Money spent on day to day expenses
d)
None of the above
7.
What is NOT a source of Internal finance?
a)
Retained profit
b)
Sale of existing assets
c)
Issue of shares
d)
All are sources of Internal finance
8.
This is the cash that is generated by the business when it operates successfully
a)
Retained profits
b)
Share capital
c)
Angel investor
d)
Owner savings
9.
Which of the statements about retained profits is false?
a)
You have unlimited amounts of money available
b)
Shareholders and employees could be frustrated because there is less profit to be 'shared out'
c)
You do not have to pay interest
d)
You are free to use it for any purpose
10.
Which of the following is NOT usually considered a personal source of finance.
a)
Savings
b)
Redundancy payments
c)
Crowdfunding
d)
Credit card
100 %
