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

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SOURCES OF FINANCE - external sources

Taisiya Lebedeva 11 preguntas 4,5 (2 valoraciones)

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Preguntas del test (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. AVerdadero
2. BFalso
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. AVerdadero
2. BFalso
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. AVerdadero
2. BFalso
10What is the most likely source of finance for buying premises?
1. AMortgage
2. BFactoring
3. CA bank loan

Descripción: GCSE (REVISION) Business Studies Test sobre SOURCES OF FINANCE - external sources, creado por Taisiya Lebedeva el 21/05/2019.
Autor: Taisiya Lebedeva
Idioma: English
Visitas: 95
Etiquetas: sources of finance business gcse business studies revision gcse
Valoración: 4,5 de 5 · 2 valoraciones
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