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Question-1
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-2
Under this, which one is NOT to be repaid?
(A)
Bank loan
(B)
Lease
(C)
Profit
(D)
Over drafts
Question-3
Security or collateral is required for:
(A)
Shares
(B)
Bank loan
(C)
Profit
(D)
Sale of assets
Question-4
What do you call the working capital needed by business for day - to - day operations?
(A)
Short term finance
(B)
Long term finance
(C)
Medium term finance
(D)
Finance
Question-5
Owners savings is:
(A)
External finance
(B)
Loan
(C)
Internal finance
(D)
Overdraft
Question-6
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
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
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-9
This allows a business to buy a fixed asset over a long period of time which includes interest rate. This is:
(A)
Trade credit
(B)
Shares
(C)
Hire purchase
(D)
Overdraft
Question-10
What do you call the long - term loan certificate issued by limited companies?
(A)
Bank loan
(B)
Shares
(C)
Savings
(D)
Debentures
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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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