an individual or business that has lent funds to a business and is owed money

an individual or business who has borrowed funds from a business and so owes it money

an individual or business that has lent funds to a business and is owed money

Quiz

SOURCES OF FINANCE - external sources

Taisiya Lebedeva 11 Fragen 4,5 (2 Bewertungen)

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Fragen in diesem Quiz (11)

1A creditor is ...
1. Aan individual or business that has lent funds to a business and is owed money
2. Ban individual or business who has borrowed funds from a business and so owes it money
2A debtor is ...
1. Aan individual or business who has borrowed funds from a business and so owes it money
2. Ban individual or business that has lent funds to a business and is owed money
3Interest is the reward for lending
1. ARichtig
2. BFalsch
4Tick all the short-term sources of finance
1. AOverdraft
2. BMortgage
3. CTrade credit
4. DFactoring
5. EHire purchase
5Which two are the long-term sources of finance?
1. ATrade Credit
2. BBank Loans
3. CFactoring
4. DOwners Savings
6A business selling assets is an example of an external source of finance.
1. ARichtig
2. BFalsch
7An arrangement with the bank that the business can spend more money than it has in its bank account
1. ALoan
2. BOverdraft
8Which of the following best describes finance?
1. AFunds for a business
2. BProfits for a business
3. CCustomers for a business
9Grants usually come from private companies
1. ARichtig
2. BFalsch
10What is the most likely source of finance for buying premises?
1. AMortgage
2. BFactoring
3. CA bank loan

Beschreibung: GCSE Business Studies (REVISION) Quiz am SOURCES OF FINANCE - external sources, erstellt von Taisiya Lebedeva am 21/05/2019.
Autor: Taisiya Lebedeva
Sprache: English
Aufrufe: 95
Schlagwörter: sources of finance business gcse business studies revision gcse
Bewertung: 4,5 von 5 · 2 Bewertungen
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