
Sources of finance
Quiz by Aine Hardcastle
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10 questions
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- Q1Which of the following is considered a source of external finance for a business?sale of assetsowner's capitalretained profitbusiness angels30s
- Q2What method of finance allows a business to purchase equipment while making payments over time?overdraftsloansleasingtrade credit30s
- Q3Which of the following is an example of internal finance?crowd fundingbank loansventure capitalretained profit30s
- Q4Which external finance source involves borrowing money that must be paid back with interest?trade creditloansretained profitshare capital30s
- Q5What is a common way for businesses to raise funds from multiple small investors through the internet?crowd fundingloansbusiness angelsleasing30s
- Q6Which of the following is considered a source of external finance specifically designed for high-risk start-ups?owner's capitalsale of assetsretained profitventure capital30s
- Q7Which method of finance allows a business to temporarily withdraw more money than it has in its account?loansretained profitoverdraftsleasing30s
- Q8Which source of external finance often comes from individuals with experience in the industry who can also provide advice?retained profitbusiness angelsfamily and friendsgrants30s
- Q9Which method of finance involves obtaining goods or services and paying for them at a later date?loanstrade creditoverdraftsventure capital30s
- Q10Which internal finance option involves using personal wealth accumulated by the business owner?owner’s capitalgrantsbusiness angelsretained profit30s