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Question-1
The finance needed to launch a business is called:
(A)
Money
(B)
Startup capital
(C)
Capital
(D)
Closing capital
Question-2
Which of the following is payable for a fixed period of time?
(A)
Bank loan
(B)
Shares
(C)
Debentures
(D)
Debts
Question-3
This reduces the opportunity cost and storage cost of high stock levels.
(A)
Running down stocks
(B)
Sale of existing assets
(C)
Retained profit
(D)
Owner's savings
Question-4
The main attraction of share is:
(A)
Equality
(B)
Permanent capital
(C)
Debenture
(D)
Immediate repayment
Question-5
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-6
Owners savings is:
(A)
External finance
(B)
Loan
(C)
Internal finance
(D)
Overdraft
Question-7
This option is available only to limited companies .The option is:
(A)
Bank loan
(B)
Trades credit
(C)
Lease
(D)
Issue of shares
Question-8
Expansion of a business needs capital. This capital is known as:
(A)
Expenditure
(B)
Debenture
(C)
Bills
(D)
Capital
Question-9
The money which is obtained from within the business is:
(A)
Extremal finance
(B)
Internal finance
(C)
Bank loan
(D)
Shares
Question-10
The finance needed up-to 3 years is known as:
(A)
Long term finance
(B)
Medium term
(C)
Short term finance
(D)
Profits
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Cambridge Advanced Grade 12
IGCSE
Practice in Related Chapters
Purpose of Business Activity
Types of Business Activity
Other External Influences on Business
Forms of Business Organisation
Financing Business Activity
Enterprise
Business Structure
Size of Business
Business Objectives
Recruitment, Training and Human Resources
External Economic Influences on Business Behaviour
Stakeholders in a Business
Organisational Structure
Government and Economic Influences on Business
Managing a Business
Communication in Business
Motivation at Work
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