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Worksheets

Sources of Finance

Total questions: 27

Worksheet time: 14mins

Name
Class
Date
1.

'Donations' as a source of finance refers to:

a)

Money given voluntarily without expectation of return

b)

Money borrowed from a bank

c)

Income from selling goods

d)

Funds received from government grants

2.

'Small loan' as a source of finance refers to:

a)

A relatively low amount of money borrowed, usually for short-term needs.

b)

A large sum of money borrowed for business expansion.

c)

A grant that does not need to be repaid.

d)

An investment made by shareholders in a company.

3.

'Bank loan' means a business borrows money from a bank as a source of finance.

a)

A business borrows money from a bank as a source of finance.

b)

A business receives a government grant as a source of finance.

c)

A business sells shares to raise money as a source of finance.

d)

A business uses its own profits as a source of finance.

4.

'Crowdsourcing / funding' means raising finance by:

a)

Collecting small amounts of money from a large number of people, typically via the internet.

b)

Borrowing money from a single bank.

c)

Receiving funds only from government grants.

d)

Using only personal savings.

5.

'Angel Investors' refers to which of the following as a source of finance?

a)

Individuals who provide capital to startups in exchange for ownership equity or convertible debt

b)

Banks that offer loans to businesses at low interest rates

c)

Government agencies that provide grants to small businesses

d)

Venture capital firms that invest large sums in established companies

6.

'Grants' as a source of finance refers to:

a)

Funds given by an organization or government that do not need to be repaid.

b)

Loans that must be repaid with interest.

c)

Money raised by selling shares of a company.

d)

Personal savings used to finance a business.

7.

What are donations as a source of finance?

a)

Loans from banks

b)

Voluntary contributions from individuals or organisations often without any return expectation

c)

Government grants

d)

Sale of company shares

8.

Donations are often used by which of the following?

a)

For-profit businesses

b)

Non-profits, charities, or community based initiatives

c)

Government agencies

d)

Private investors

9.

Fill in the blank: Donations can be solicited online, in person or through _______.

a)

events

b)

television shows

c)

magazines

d)

billboards

10.

Which of the following is an advantage of donations as a source of finance?

a)

No repayment or equity-sharing obligations

b)

Guaranteed and consistent funding

c)

Requires high interest payments

d)

Increases company debt

11.

What is a bank loan as a source of finance?

a)

Borrowing a set amount from a bank, repayable over an agreed period with interest

b)

Receiving money as a gift from a bank

c)

Earning interest from a bank deposit

d)

Investing in bank shares

12.

Which of the following is a feature of a bank loan?

a)

Requires a strong credit history and potentially collateral (property) or guarantor

b)

No need for credit history

c)

No interest rates apply

d)

Only short-term repayment terms

13.

Which of the following is a disadvantage of a bank loan?

a)

Interest payments can be costly

b)

Repayment schedule is unpredictable

c)

No risk to assets

d)

No need for a guarantor

14.

Which of the following is a feature of small loans?

a)

Easier application process compared to larger loans

b)

Lower interest rates than standard loans

c)

Only available to large companies

d)

Requires no approval process

15.

Which of the following is an advantage of small loans?

a)

Accessible for start-ups or individuals with limited capital needs

b)

Limited loan amounts may not cover larger needs

c)

Interest rates can be higher

d)

Only available for large businesses

16.

What is a grant as a source of finance?

a)

Repayable funding from banks

b)

Non-repayable funding provided by governments, charities, or other organisations

c)

Loan with interest

d)

Investment from private individuals

17.

Which of the following is a feature of grants as a source of finance?

a)

Always available to everyone

b)

Often targeted toward specific industries, projects, or demographics

c)

Requires repayment with interest

d)

No application process required

18.

Fill in the blank: Grants are ________ funding provided by governments, charities, or other organisations.

a)

non-repayable

b)

taxable

c)

interest-bearing

d)

conditional

19.

Which of the following is a disadvantage of grants?

a)

Encourages innovation and growth

b)

No repayment required

c)

Difficult to obtain due to strict criteria and competition

d)

Available for any use

20.

What is crowdsourcing/funding as a source of finance?

a)

Raising small amounts of money from a large group of people, typically via online platforms like Kickstarter or GoFundMe.

b)

Borrowing money from a bank.

c)

Selling company shares to the public.

d)

Taking a government grant.

21.

Which of the following is a feature of crowdsourcing/funding?

a)

Contributors may donate, lend or invest for equity or rewards.

b)

Only banks can contribute.

c)

It does not require any marketing.

d)

It is only available offline.

22.

Which of the following is an advantage of crowdsourcing/funding?

a)

Builds community support and engagement

b)

Requires significant effort in promotion

c)

No guarantees of reaching funding goal

d)

High immediate repayment obligations

23.

Which of the following is a disadvantage of crowdsourcing/funding?

a)

No immediate repayment obligations

b)

Builds community support and engagement

c)

Requires significant effort in promotion

d)

Easy to reach funding goal

24.

Who are Angel Investors?

a)

Wealthy individuals who provide capital to startups or small businesses in exchange for equity or convertible debt.

b)

Banks that provide loans to businesses.

c)

Government agencies that offer grants.

d)

Customers who prepay for products.

25.

Which of the following is a feature of angel investors?

a)

Invest at early stages of a business

b)

Only invest in large corporations

c)

Do not offer mentorship

d)

Require government approval

26.

Which of the following is an advantage of having angel investors?

a)

A) Access to substantial funds and valuable expertise

b)

B) Loss of equity and control

c)

C) High interest rates

d)

D) No mentorship offered

27.

Which of the following is a disadvantage of having angel investors?

a)

Flexibility in structuring investment terms

b)

Loss of equity and some control over the business

c)

Access to valuable expertise

d)

No expectations for returns