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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)
Overdraft
Question-3
This option is available only to limited companies .The option is:
(A)
Bank loan
(B)
Trades credit
(C)
Lease
(D)
Issue of shares
Question-4
This is the finance which is available for more than 10 years.
(A)
Short term finance
(B)
Long term finance
(C)
Medium term finance
(D)
Bank loan
Question-5
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-6
Shares are referred to as:
(A)
Equity
(B)
Debenture
(C)
Capital
(D)
Loan
Question-7
What do you call the long - term loan certificate issued by limited companies?
(A)
Bank loan
(B)
Shares
(C)
Savings
(D)
Debentures
Question-8
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-9
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-10
Money spent on day - to - day expenses is known as:
(A)
Revenue expense
(B)
Capital expense
(C)
Capital expenditure
(D)
Revenue expenditure
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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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