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Question-1
Money spent on day - to - day expenses is known as:
(A)
Revenue expense
(B)
Capital expense
(C)
Capital expenditure
(D)
Revenue expenditure
Question-2
Security or collateral is required for:
(A)
Shares
(B)
Bank loan
(C)
Profit
(D)
Sale of assets
Question-3
Under this, which one is NOT to be repaid?
(A)
Bank loan
(B)
Lease
(C)
Profit
(D)
Over drafts
Question-4
Shares are referred to as:
(A)
Equity
(B)
Debenture
(C)
Capital
(D)
Loan
Question-5
This source of finance is NOT available to new businesses.
(A)
Bank loan
(B)
Sale of fixed assets
(C)
Lease
(D)
Hire purchase
Question-6
The money spend for fixed assets, which will last more than one year is known as:
(A)
Revenue expenditure
(B)
Capital expense
(C)
Capital expenditure
(D)
Revenue expenses
Question-7
A bank permits a company to spend more money from the account than is currently in it. This is termed as:
(A)
Loan
(B)
Over draft
(C)
Fixed draft
(D)
Cheque
Question-8
The finance needed up-to 3 years is known as:
(A)
Long term finance
(B)
Medium term finance
(C)
Short term finance
(D)
Profits
Question-9
The specialist agencies buy the debts of the firm for immediate cash. This process is known as:
(A)
Issue of shares
(B)
Bank loans
(C)
Factoring of debts
(D)
Profit
Question-10
Owners savings is:
(A)
External finance
(B)
Loan
(C)
Internal finance
(D)
Overdraft
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Cambridge Advanced Grade 11
IGCSE
Practice in Related Chapters
Stakeholders in a Business
Managing a Business
Financing Business Activity
External Economic Influences on Business Behaviour
Enterprise
Business Structure
Size of Business
Business Objectives
The Purpose of Business Activity
Forms of Business Organisation
Types of Business Activity
Business Costs and Revenue
Recruitment,Training and Human Resources
Other External Influences on Business
Organisational Structure
Government and Economic Influences on Business
Communication in Business
Motivation at Work
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