What can a firm/business acquire when it sells shares?
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What's the alternative name for External Finance?
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What's the alternative name for Internal Finance?
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There are two types of financing an enterprise can apply, namely
A. Capital and venture
B. Internal and external
C. Fixed and variable
D. Long-term and short-term
Answer: B
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For the organisation to survive
A. there must be income and expenditure
B. it must make money
C. it must be a going concern
D. its income must be greater than the expenses
Answer: D
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What does the Business (Working) Cycle depict?
A. Demonstrates the sources of funds
B. Demonstrates the uses of funds
C. Demonstrates the way funds flow through business
D. Demonstrates the role of finance managers in the organisation
Answer: C
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All three elements except one must be held in balance to enable optimum utilization of the resources of the enterprise.
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What originally did the field of finance not cover?
A. Financial Econometrics
B. Instruments of finance
C. Institutions/intermediaries
D. Capital markets
Answer: A
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What is Finance?
A. Cash in the bank of the organisation
B. It is money affairs or money matters
C. Just cash used in business activities
D. Cash and cheques
Answer: B
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