
LO 6 : Finance
Authored by Chan Cassar
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11th Grade

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18 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 2 pts
What Are Internal Sources vs. External Sources?
Internal Sources : Sources of finance from outside the business
Internal Sources : Sources of finance from within the business
External Sources : Sources of finance from outside the business
External Sources : Sources of finance from within the business
None of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Retained Profit : What Type Of Source Is It?
Internal
External
Both
Neither
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
2 Advantages of Retained Profit :
No interest needs to be payed
Interest must be paid
No Repayment Needed
Must be repayed
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
2 Disadvantages of Retained Profit:
Only available to known businesses who have profit
New businesses don't have retained profit
Many small businesses don't have enough profit
Available to no businesses
Difficult to do
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What Are Retained Profits ?
Evaluate responses using AI:
OFF
Answer explanation
Profits remaining in the business after the owner/s have taken their share of profits
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sale of Non- Current Assets : What Source Is It?
Internal
External
Both
Neither
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What Are 2 Advantages Of Selling Non-Current Assets?
No Need For Repayment
No Interest To Be Paid
Interest Must Be Paid
Need For Repayment
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