Finance and Business Quiz

What is the primary role of the finance department in a business?

Which of the following is an example of revenue expenditure?

What is capital expenditure mainly used for?

Why do businesses require finance?

Which of the following expenses is considered an operational cost?

Mark is a sole trader who wants to open a small café but does not want to take out a loan. Which internal source of finance is he most likely to use?

A manufacturing company has outdated machinery that is no longer in use. To raise funds for a new production line, what internal source of finance should the company consider?

A business has generated significant profit over the past year but wants to expand without borrowing money. Which internal source of finance should it use?

Lisa and her business partner want to invest in a new product line but do not want to involve external investors. Which internal source of finance is most suitable for them?

A retail store needs additional funds to renovate its shop but does not want to take on debt. Which of the following is NOT an internal source of finance?