Business
Business Finance Mastery Quiz
Test your knowledge on the critical aspects of business finance with this comprehensive quiz! Whether you're a student, a business owner, or simply curious about financial concepts, this quiz covers various topics to enhance your understanding.
Key Features:
- 32 Engaging Questions
- Multiple Choice Format
- Instant Feedback on Your Answers
A source from within the business
A source from outside the business
Owners' Funds (Owner's Money)
Hire Purchase
Leasing
Less flexible than an overdraft
Have to pay back in stated time or risk
They are quick and easy to arrange
Sale of assets
Retained profits
Bank loan
You can pay in smaller installments
They take a long time to arrange
You don't have to pay it back
Larger amount can be borrow
Lower interest rates than overheads
Interest rates variable
Bank loan
Overdraft
Government Grant
Overdraft
Owners' Capital
Bank loan
Loan
Finance
Grant
Debentures
Debt Factoring
A bank loan
Selling assets
Trade credit
A bank loan
A bank loan
More than 10 years
From 3 year to 10 years
Payment to suppliers
Paying back a loan to a bank
Payment from debtors
Payments to creditors
Sale of goods
Receiving a loan from the bank
Selling price
Cost
Variable cost
Variable costs
Fixed costs
Total costs
Breaking point
Point of sale
Breakeven point
Total costs
Fixed costs
Variable costs
Variabe costs
Fixed costs
Costs
Profit
Loss
Sales revenue
True
False
True
False
True
False
True
False
True
False
True
False
True
False
True
False
True
False
True
False
True
False
True
False
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