Business Finance

Question 1

Which is an appropriate advantage of overdrafts?

Accepted Answer

Flexible repayment terms

Question 2

Which of these sources of finance is suitable for long term repayment at low interest?

Accepted Answer

Mortgage

Question 3

Which of these sources of finance comes from a bank ?

Accepted Answer

Overdraft

Question 4

Which of these sources of finance is best for borrowing a large sum of money?

Accepted Answer

Venture Capital

Question 5

Which of these is an external source of finance?

Accepted Answer

Trade credit

Question 6

Which of these sources of finance does not come with an interest payment?

Accepted Answer

Selling Shares

Question 7

Which is an appropriate disadvantage of using friends and family?

Accepted Answer

Limited amount to borrow

Question 8

Which of these sources of finance charge the highest interest?

Accepted Answer

overdraft

Question 9

Which of these sources of finance is from an understanding supplier?

Accepted Answer

Trade Credit

Question 10

When would you not have to give away part of your business?

Accepted Answer

Arranging for a government grant

Question 11

Which of these sources of finance is given to business if they are helping the local economy?

Accepted Answer

Government Grant

Question 12

Which of these sources of finance comes from inside the business?

Accepted Answer

Selling Assets

Question 13

With which of these sources of finance will you never own the asset your are buying?

Accepted Answer

Hire purchase

Question 14

Which of these sources of finance means you lose control of part of your business

Accepted Answer

Selling Shares

Question 15

What would you use a mortgage to purchase?

Accepted Answer

Building

Questions 15