16789073
Beschreibung
Quiz von Thea Friend, aktualisiert more than 1 year ago
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Erstellt von Thea Friend
vor fast 6 Jahre
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Frage 1
Frage
What is an overdraft?
Antworten
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An arrangement with the bank that the business can spend more money than it has in its bank account
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an amount of money borrowed from a bank or other lenders
Frage 2
Frage
Out of the following which is the long term sources of finance?
Antworten
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Bank loans, Mortgage , Government grants
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Overdraft, trade credit, factoring
Frage 3
Frage
is a mortgage= a special type of loan for buying property where monthly payments are spread over a number of years
Antworten
- True
- False
Frage 4
Frage
What is a grant?
Antworten
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where a bank allows a firm to take out more money than in its bank account
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where suppliers deliver goods now and are willing to wait for a number of days before payment
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when charities or the government help a business get started
Frage 5
Frage
is a loan short term?
Antworten
- True
- False
Frage 6
Frage
what is an external source?
Antworten
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found outside the business eg. creditors or banks
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finance or funds found inside the business
Frage 7
Frage
What is factoring?
Antworten
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where a firm sells their invoices to a factor such as a bank
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where a supplier delivers goods and are willing to wait a number of days for payment
Frage 8
Frage
Is external sources of finance found outside the business?
Antworten
- True
- False
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