Other questions in this quiz

2. Which of the following does not require you to pay back with interest

  • Grant
  • Bank overdraft
  • Bank loan
  • Mortgage

3. Which of the following is not an example of a short term source of finance

  • Sale of assets
  • Overdraft
  • Debt factoring

4. Which of the following is an internal source of finance?

  • Venture capital
  • Overdraft
  • Retained profit
  • Bank loans

5. Which is a benefit of having a mortgage

  • You get to plan when your next payment is due in affordable amounts
  • You pay it back with interest
  • If you continuously fail to pay fees, then property will be taken back by the bank

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