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Question-1
This source of finance is NOT available to new businesses.
(A)
Bank loan
(B)
Sale of fixed assets
(C)
Lease
(D)
Hire purchase
Question-2
Under this, which one is NOT to be repaid?
(A)
Bank loan
(B)
Lease
(C)
Profit
(D)
Over drafts
Question-3
The money which is obtained from within the business is:
(A)
Extrernal finance
(B)
Internal finance
(C)
Bank loan
(D)
Shares
Question-4
Which of the following allows the firm to use an asset, but it does not have to purchase it?
(A)
Leasing
(B)
Hire purchase
(C)
Bank loans
(D)
Overdrafts
Question-5
What do you call the finance which is available for 3 - 10 years?
(A)
Short term finance
(B)
Medium term
(C)
Long term
(D)
Overdraft
Question-6
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-7
What do you call a business that delays to pay its suppliers?
(A)
Over draft
(B)
Bank loan
(C)
Lease
(D)
Trade credit
Question-8
The main attraction of share is:
(A)
Equity
(B)
Permanent capital
(C)
Debenture
(D)
Immediate repayment
Question-9
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-10
Which is the possible way to keep more profits in business?
(A)
Reduce the payment to owners
(B)
Not use any capital
(C)
Reducing the trading activity
(D)
Borrow from others
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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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