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Question-1
Ploughed back profit is an example for:
(A)
Internal finance
(B)
External finance
(C)
Narrow finance
(D)
Bank loan
Question-2
The source of finance is only possible for limited companies?
(A)
Bank loan
(B)
Over draft
(C)
Issue of shares
(D)
Trade credit
Question-3
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-4
The money obtained from outside the business is:
(A)
External finance
(B)
Internal finance
(C)
Savings
(D)
Profit
Question-5
Finance is :
(A)
Money
(B)
Asset
(C)
Liability
(D)
Loan
Question-6
Some businesses decide to sell off some fixed assets for cash and lease them back from a leasing company. This is termed as:
(A)
Leasing
(B)
Hire purchase
(C)
Sale & lease back
(D)
Bank loan
Question-7
Which of the following is payable for a fixed period of time?
(A)
Bank loan
(B)
Shares
(C)
Debentures
(D)
Debts
Question-8
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-9
Owners savings is:
(A)
External finance
(B)
Loan
(C)
Internal finance
(D)
Overdraft
Question-10
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
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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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