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BST- SOURCES OF BUSINESS FINANCE

Total questions: 18

Worksheet time: 10mins

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.

Which is an example of an internal source of finance?

a)

Owners' Funds

b)

Trade credit

c)

Leasing

3.
Which is an example of an external source of finance?
a)
Owners' Funds
b)
Sale of assets
c)
Retained profits
d)
Bank loan
4.

Who are known as residual owners?

a)

preference shareholders

b)

equity shareholders

5.

Which capital is known as risk capital?

a)

Preference share capital

b)

equity share capital

6.

Out of the following which one is a type of intercorporate deposit.

a)

Three month deposit

b)

Call deposit

c)

Six month deposit

d)

All of these

7.

Which of which of the following is source of borrowed fund.

a)

Equity shares

b)

Global depository receipt

c)

Inter corporate deposits

d)

Indian depository receipt

8.

retained earnings does not involve any cost in the form of

a)

Dividend

b)

Interest

c)

Floatation cost

d)

All of these

9.

Assertion: the importance of business finances increased tremendously these days.

Reason: goods are produced on large scale and capital intensive techniques are used.

a)

Both assertion (A)and reason(R) are true and reason(R) is the correct explanation of assertion.

b)

Both Assertion (A) and Reason (R) is not the correct explanation of assertion (A)

c)

Assertion (A) is true but reason (R) is false

d)

Assertion (A) is false but reason (R) is true

10.

Assertion: Equity share capital act as a permanent source of capital for the business

Reason: equity capital is to be repaid at the time of liquidation of a company

a)

Both assertion (A) and reason(R) are true and reason(R) is the correct explanation of assertion.

b)

Both Assertion (A) and Reason (R) is not the correct explanation of assertion (A)

c)

Assertion (A) is true but reason (R) is false

d)

Assertion (A) is false but reason (R) is true

11.

Assertion: Borrowed fund holders have a legal right to get fixed return on their investment.

Reason: They have the complete control over companies affairs.

a)

Both assertion (A) and reason(R) are true and reason(R) is the correct explanation of assertion.

b)

Both Assertion (A) and Reason (R) is not the correct explanation of assertion (A)

c)

Assertion (A) is true but reason (R) is false

d)

Assertion (A) is false but reason (R) is true

12.

Assertion: preference shares carry preferential rights over the equity shares as regards payment of dividend and repayment of capital.

Reason: they get dividend before equity dividend is paid. On the winding up of the company, their capital is refunded first.

a)

Both assertion(A) and reason(R) are true and reason(R) is the correct explanation of assertion.

b)

Both Assertion (A) and Reason (R) is not the correct explanation of assertion (A)

c)

Assertion (A) is true but reason (R) is false

d)

Assertion (A) is false but reason (R) is true

13.

IDRs full form

(a)  

14.

ADRs full form

(a)  

15.

GDRs full form

(a)  

16.

what do the debenture holders get by investing in a company

(a)  

17.

(a)   is a credit extended by one trader to another for the purchase of goods and services

18.

Money obtained by issue of shares is known as ___________

a)

Debts

b)

Share Capital

c)

Loans

d)

Reserve Funds