Sources of Finance
2 years ago
nickhb3
Save
Edit
Host a game
Live GameLive
Homework
Solo Practice
Practice
15 QuestionsShow answers
  • Question 1
    30 seconds
    Q. What does internal mean?
    answer choices
    A source from within the business
    A source from outside the business
  • Question 2
    30 seconds
    Q. What does external mean?
    answer choices
    A source from within the business
    A source from outside the business
  • Question 3
    30 seconds
    Q. Which is an example of an internal source of finance?
    answer choices
    Owners' Funds
    Hire Purchase
    Leasing
    Trade credit
  • Question 4
    30 seconds
    Q. Which is an example of an internal source of finance?
    answer choices
    Owners' Funds
    Hire Purchase
    Leasing
    Trade credit
  • Question 5
    30 seconds
    Q. Which is an example of an external source of finance?
    answer choices
    Owners' Funds
    Sale of assets
    Retained profits
    Bank loan
  • Question 6
    30 seconds
    Q. What is an advantage of owners' funds?
    answer choices
    There will be little or no interest
    You can pay in smaller installments
    They take a long time to arrange
    You don't have to pay it back
  • Question 7
    30 seconds
    Q. What is an advantage of a bank loan?
    answer choices
    There will be little or no interest
    You can pay in smaller installments
    They are quick and easy to arrange
    You don't have to pay it back
  • Question 8
    30 seconds
    Q. What is an advantage of friends & family loan?
    answer choices
    There will be little or no interest
    You can pay in smaller installments
    They take a long time to arrange
    You don't have to pay it back
  • Question 9
    30 seconds
    Q. What is a disadvantage of a friends and family loan?
    answer choices
    It means you have no savings
    It can lead to personal conflicts
    It can take a long time to arrange
    They can be recalled immediately
  • Question 10
    30 seconds
    Q.

    What is the most likely source of finance for a small firm?

    answer choices

    A debenture

    Issuing shares

    A bank loan

  • Question 11
    30 seconds
    Q.

    What is the most likely source of finance for buying property?

    answer choices

    Mortgage

    Factoring

    A bank loan

  • Question 12
    30 seconds
    Q.

    What is the most likely source of finance for buying a new IT system?

    answer choices

    Mortgage

    Factoring

    A bank loan

  • Question 13
    30 seconds
    Q.

    What of the following is a source of internal finance?

    answer choices

    Selling assets

    Trade credit

    A bank loan

  • Question 14
    30 seconds
    Q. This type of finance does not need to be repaid.
    answer choices
    Bank Loan
    Overdraft
    Mortgage
    Government Grant
  • Question 15
    30 seconds
    Q. The source of finance that is provided by the Owners is called 
    answer choices
    Capital
    Overdraft
Report Quiz
Join a game