Sources of Finance (Leaving Cert Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is the golden rule when matching finance to assets?
What is the golden rule when matching finance to assets?
Match finance term to asset life
Which expenses are typical uses of short-term finance?
Which expenses are typical uses of short-term finance?
Wages, utilities, and rent
What is a key advantage of grants as a source of finance?
What is a key advantage of grants as a source of finance?
They don't need to be repaid
What timeframe defines medium-term finance?
What timeframe defines medium-term finance?
1-5 years
In the €30,000 van example, which option had the lowest total cost?
In the €30,000 van example, which option had the lowest total cost?
Leasing at €33,000
Which medium-term finance option is less tax-efficient?
Which medium-term finance option is less tax-efficient?
Hire purchase
Which medium-term option requires no security from the borrower?
Which medium-term option requires no security from the borrower?
Leasing
When do you gain ownership with hire purchase?
When do you gain ownership with hire purchase?
After the final payment
What control issue arises when selling shares for equity capital?
What control issue arises when selling shares for equity capital?
Giving other people voting rights
How much was invested in Irish start-ups in 2018?
How much was invested in Irish start-ups in 2018?
€350 million