Business Quiz Challenge

Froggy Jumps

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Test your knowledge on business concepts and practices with this fun quiz game!

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S B

Bolivia

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Business Quiz Challenge


Froggy Jumps Business Quiz ChallengeVersión en línea Test your knowledge on business concepts and practices with this fun quiz game! por S B 1 What are the three main reasons why businesses need finance, also known as capital? a Starting up a business, expanding an existing business, and acquiring additional working capital. b Pay employees, get supplies, pay taxes. c Open new branches, hire employees, buy supplies. 2 What is start-up capital? a The finance a business needs to pay for essential non-current and current assets before it can begin b Is the very first income the business receive. c Is a loan given to the business. 3 Explain what internal finance is a When the business extend loans to its employees. b When the business is self sustained. c Internal finance is obtained from within the business itself. 4 Explain what external finance is a When the business borrows to other businesses. b External finance is obtained from sources outside of and separate from the business. c None of the above. 5 What are debentures? a Payments owed to the business. b When a business joint with another business. c Debentures are long-term loan certificates issued by limited companies. 6 What is micro-finance? a When the business is making a low margin profit b Providing financial services, including small loans, to people not served by traditional banks. c A business that is considered small because of it revenue. 7 What is trade credit? a When a business can pay its dues with something else besides money, example: goods or services b When a business has a line of credit that can be exchanged or traded for something else c When a business delays paying its suppliers, which improves the business's cash position. 8 Describe crowdfunding a The process of funding a project or venture by raising money from a large number of people. b The funds available when starting company c Process of selling to a large crowd of people. 9 List two advantages of using retained profit as a source of finance. a Advantages of retained profit include not having to be repaid and no interest payments. b More gains for the company and more credit available. c There are no advantages. 10 What is a disadvantage of debentures? a They are available just for small businesses b A disadvantage is that, like loans, they must be repaid and interest must be paid. c None of the above

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Business Quiz Challenge

Froggy Jumps

Sobre esta actividad

Creada por

Descarga la versión para jugar en papel

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Froggy Jumps

Business Quiz ChallengeVersión en línea

por S B

What are the three main reasons why businesses need finance, also known as capital?

What is start-up capital?

Explain what internal finance is

Explain what external finance is

What are debentures?

What is micro-finance?

What is trade credit?

Describe crowdfunding

List two advantages of using retained profit as a source of finance.

What is a disadvantage of debentures?