18191685
Descripción
Test por Taisiya Lebedeva, actualizado hace más de 1 año
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Creado por Taisiya Lebedeva
hace casi 5 años
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Pregunta 1
Pregunta
A creditor is ...
Respuesta
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an individual or business that has lent funds to a business and is owed money
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an individual or business who has borrowed funds from a business and so owes it money
Pregunta 2
Pregunta
A debtor is ...
Respuesta
-
an individual or business who has borrowed funds from a business and so owes it money
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an individual or business that has lent funds to a business and is owed money
Pregunta 3
Pregunta
Interest is the reward for lending
Respuesta
- True
- False
Pregunta 4
Pregunta
Tick all the short-term sources of finance
Respuesta
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Overdraft
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Mortgage
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Trade credit
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Factoring
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Hire purchase
Pregunta 5
Pregunta
Which two are the long-term sources of finance?
Respuesta
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Trade Credit
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Bank Loans
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Factoring
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Owners Savings
Pregunta 6
Pregunta
A business selling assets is an example of an external source of finance.
Respuesta
- True
- False
Pregunta 7
Pregunta
An arrangement with the bank that the business can spend more money than it has in its bank account
Respuesta
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Loan
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Overdraft
Pregunta 8
Pregunta
Which of the following best describes finance?
Respuesta
-
Funds for a business
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Profits for a business
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Customers for a business
Pregunta 9
Pregunta
Grants usually come from private companies
Respuesta
- True
- False
Pregunta 10
Pregunta
What is the most likely source of finance for buying premises?
Respuesta
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Mortgage
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Factoring
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A bank loan
Pregunta 11
Pregunta
What is the most likely source of finance for a small firm?
Respuesta
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Issuing shares
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A bank loan
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A debenture
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