BTEC business 29/4 unit 3 finance recap
Authored by P Dover
Business
12th Grade
Used 29+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is a variable cost : ?
rent
raw materials
insurance premiums
office salaries
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is a fixed cost ? :
packaging
labour wages
delivery fuel
BT phone line rental
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is a long-term source of finance ?
bank overdraft
mortgage
retained profit
sale of assets
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which involves giving up some ownership control ?
bank loan
overdraft
trade credit for stock
venture capital
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Insurance =
capital expenditure
revenue expenditure
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Building a factory =
capital expenditure
revenue expenditure
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which source of finance allows a firm to own a vehicle ?
hire purchase
leasing
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