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source of finance

Total questions: 18

Worksheet time: 9mins

Name
Class
Date
1.

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

2.
A loan that is secured on a property is called a 
a)
Mortgage
b)
Overdraft
c)
Credit Card
d)
Government Grant
3.

What is an advantage of a business using owner's capital as a source of finance?

a)

Very low rate of interest

b)

It will bring new skills to the business

c)

It doesn't need repaying

d)

Repayment is always spread over a period time

4.

What type of finance involves less profit going to the owners?

a)

Retained profit

b)

Sale of assets

c)

Overdraft

d)

Owner's capital

5.

What source of finance could lead to an unwanted takeover of the business?

a)

Sale of assets

b)

Owner's capital

c)

Trade credit

d)

Share issue

6.

Who are known as residual owners?

a)

preference shareholders

b)

equity shareholders

7.

Name the investors who get priority over equity shareholders while paying dividend and repayment of capital

a)

preference shareholders

b)

debentureholders

c)

retained earnings

8.

Which capital is known as risk capital?

a)

Preference share capital

b)

equity share capital

9.

Funds can be raised through equity issue without creating any charge on the assets of the company.

a)

true

b)

false

10.

Select that is not an example of working capital.

a)

cash

b)

receivables

c)

inventory

d)

land and building

11.

Which of the statements about retained profits is false?

a)

You do not have to pay interest

b)

Ideal for new businesses

c)

Shareholders and employees could be frustrated because there is less profit to be 'shared out'

d)

You are free to use it for any purpose

12.

What is an advantage of Retained profit

a)

satisfaction

b)

No financial cost

c)

Shareholders can get more dividend

d)

You need to pay interest

13.

Q.2 Which of the following is true?

a)

(a) Retained Earnings are cheaper than External Equity

b)

(b) Retained Earnings are costlier than External Equity

c)

(c) Equity Retained earnings are cost free

d)

(d) External Equity is cheaper than Internal Equity

14.

Retained earnings in business are

a)

owner's fund

b)

creditor's fund

c)

borrowed fund

15.

Which source of finance leads to dilution of management's control over the business?

a)

Retained earnings

b)

Preference shares

c)

Debentures

d)

Equity shares

16.

public deposits are raised directly from

a)

the public

b)

the owners

c)

the directors

d)

the auditors

17.

funds raised through debentures and loans are called

a)

owner's capital

b)

borrowed capital

c)

retained earnings

d)

share capital

18.

Expand GDR

a)

Global domestic receipt

b)

Government Direct Receipt

c)

Global Depository Receipt