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Question-1
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-2
Which of the following is payable for a fixed period of time?
(A)
Bank loan
(B)
Shares
(C)
Debentures
(D)
Debts
Question-3
What do you call a business that delays to pay its suppliers?
(A)
Over draft
(B)
Bank loan
(C)
Lease
(D)
Trade credit
Question-4
Money spent on day - to - day expenses is known as:
(A)
Revenue expense
(B)
Capital expense
(C)
Capital expenditure
(D)
Revenue expenditure
Question-5
The money obtained from outside the business is:
(A)
External finance
(B)
Internal finance
(C)
Savings
(D)
Profit
Question-6
Expansion of a business needs capital. This capital is known as:
(A)
Expenditure
(B)
Debenture
(C)
Bills
(D)
Capital
Question-7
Security or collateral is required for:
(A)
Shares
(B)
Bank loan
(C)
Profit
(D)
Sale of assets
Question-8
This option is available only to limited companies .The option is:
(A)
Bank loan
(B)
Trades credit
(C)
Lease
(D)
Issue of shares
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 finance which is available for 3 - 10 years?
(A)
Short term finance
(B)
Medium term finance
(C)
Long term finance
(D)
Overdraft
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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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