Other questions in this quiz

2. Which of these are types of assets which would appear on the balance sheet?

  • Advertising
  • Machine
  • Sales

3. Which of the following best describes capital?

  • How a business is funded
  • What the business owes
  • The earnings over the year
  • The expense over the year

4. Which of the following are an internal source of funds for a business?

  • Bank overdraft
  • Retained profit
  • Mortgage

5. Which of the following best describes the margin of safety?

  • Revenue plus expenditure
  • Actual sales plus break even units
  • Actual sales minus break even units
  • Revenue equals expenditure



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