WorksheetsUnit 3 A,B,C finance exam BTEC
Total questions: 12
Worksheet time: 6mins
Which item relates capital expenditure ?
worker wages
rent
vehicle purchase
insurance
The electric bill for your office =
capital income
capital spending
revenue income
revenue spending
Which is an intangible asset ?
goodwill
vehicle
land
building
Large amounts of money from lenders or investors =
revenue income
capital income
Equity finance is obtained from :
shareholders
lenders
The Financial Services Compensation Scheme (FSCS) protects savings up to :
£8,500
£85,000
£850
£185,000
The main benefit of premium bonds :
interest on savings
dividends paid
guaranteed prize win
chance of winning a prize
Which organisation is owned by shareholders ?
The maximum amount you can save into an ISA in a tax year =
£10,000
£20,000
£85,000
£5,000
Which is a long term source of finance ?
overdraft
mortgage
credit card
payday loan
A packaged, premium bank account may include extras like
cheque book
debit card
overdraft facility
holiday insurance
Trade payables =
suppliers that the firm owes money to
customers who owe money
