Sources of Finance 4.5 / 5 based on 3 ratings ? Business StudiesFinanceGCSEAQA Created by: Emily1Created on: 08-10-13 17:07 What best describes finance? Funds for a business 1 of 10 What is the most likely source of finance for a small firm? A bank loan 2 of 10 Which is an example of short term finance? Factoring 3 of 10 What is the most likely source of finance for buying premises? Mortgage 4 of 10 What is the most likely source of finance for buying a new IT system? A bank loan or retained profits if they can afford it 5 of 10 Which of the following options is a source of internal finance? Selling off assets 6 of 10 What is interest the reward for? Interest is the reward for lending. 7 of 10 What do lenders ask for as a guarantee that a loan will be repaid? Collateral 8 of 10 What is someone who lends money called? Creditor 9 of 10 What does an overdraft usually have? A variable rate of interest. 10 of 10
Comments
No comments have yet been made