Business

10th -

12thgrade

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Business studies practice 10.1

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  • 1. Multiple Choice
    2 minutes
    1 pt

    Which of the following is NOT a reason why a business needs money?

    to start the business

    to expand the business

    to deal with a negative cash-flow problem

    to increase prices of its products

  • 2. Multiple Choice
    2 minutes
    1 pt

    Which of the following is an example of external finance for a limited company?

    retained profits of the company

    selling shares

    sale of assets no longer used in the business

    reducing stocks

  • 3. Multiple Choice
    2 minutes
    1 pt

    An advantage that an overdraft has over a bank loan is that:

    it has a fixed rate of interest

    it is paid back over a fixed time period

    no dividends have to be paid to shareholders as with a loan

    the size of the overdraft varies with the needs of the firm

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