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18191685
SOURCES OF FINANCE - external sources
Descrição
GCSE Business Studies (REVISION) Quiz sobre SOURCES OF FINANCE - external sources, criado por Taisiya Lebedeva em 21-05-2019.
Sem etiquetas
sources of finance
business gcse
business studies
revision
gcse
Quiz por
Taisiya Lebedeva
, atualizado more than 1 year ago
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Criado por
Taisiya Lebedeva
mais de 5 anos atrás
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Resumo de Recurso
Questão 1
Questão
A creditor is ...
Responda
an individual or business that has lent funds to a business and is owed money
an individual or business who has borrowed funds from a business and so owes it money
Questão 2
Questão
A debtor is ...
Responda
an individual or business who has borrowed funds from a business and so owes it money
an individual or business that has lent funds to a business and is owed money
Questão 3
Questão
Interest is the reward for lending
Responda
True
False
Questão 4
Questão
Tick all the short-term sources of finance
Responda
Overdraft
Mortgage
Trade credit
Factoring
Hire purchase
Questão 5
Questão
Which two are the long-term sources of finance?
Responda
Trade Credit
Bank Loans
Factoring
Owners Savings
Questão 6
Questão
A business selling assets is an example of an external source of finance.
Responda
True
False
Questão 7
Questão
An arrangement with the bank that the business can spend more money than it has in its bank account
Responda
Loan
Overdraft
Questão 8
Questão
Which of the following best describes finance?
Responda
Funds for a business
Profits for a business
Customers for a business
Questão 9
Questão
Grants usually come from private companies
Responda
True
False
Questão 10
Questão
What is the most likely source of finance for buying premises?
Responda
Mortgage
Factoring
A bank loan
Questão 11
Questão
What is the most likely source of finance for a small firm?
Responda
Issuing shares
A bank loan
A debenture
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