Sources of Finance Quiz

Sources of Finance Quiz

10th Grade

10 Qs

quiz-placeholder

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Sources of Finance Quiz

Sources of Finance Quiz

Assessment

Quiz

Business

10th Grade

Medium

Created by

Dom Fullman

Used 6+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is retained profit?

Profit distributed to shareholders

Profit kept in the business after costs are paid

Money borrowed from a bank

Funds raised by selling shares

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an internal source of finance?

Loan

Sale of assets

Overdraft

Trade credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of owner's capital?

Requires interest payments

Risk of losing personal funds

Reduces control of the business

Limited to short-term use only

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which source of finance involves paying for equipment over time but not owning it until fully paid?

Leasing

Hire purchase

Trade credit

Overdraft

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key advantage of crowdfunding?

Guaranteed funding

Raises awareness and funds simultaneously

Provides a large amount of money quickly

No fees involved

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of business can issue shares to raise finance?

Sole traders

Partnerships

Limited companies

Public sector organisations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is most suitable for a business needing immediate cash for short-term expenses?

Venture capital

Overdraft

Grant

Share capital

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Google

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Email

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Classlink

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Clever

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Microsoft

Microsoft

Apple

Apple

Others

Others

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