WorksheetsBusiness IGCSE Definitions to Learn S5Ch22
Total questions: 8
Worksheet time: 8mins
(a) is the finance needed by a new business to pay for essential non-current (fixed) and current assets before it can begin trading.
(a) is the finance needed by a business to pay its day-to-day costs.
(a) is money spent on non-current (fixed) assets that will last for more than one year.
(a) is money spent on day-to-day expenses which do not involve the purchase of a long-term asset, for example, wages or rent.
(a) is obtained from within the business itself.
is obtained from sources outside of and separate from the business.
(a)
(a) is providing financial services, including small loans, to poor people not served by traditional banks.
(a) is funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the internet.
