Tag: Business Studies

Which ONE of the following is an example of a long-term source of finance?

Select ONE answer:

1. Sales revenue
2. Bank Loan
3. Trade credit
4. Overdraft

Show the workings to arrive at your answer, and explain and justify your reasons:

Which of the following is an external source of finance?

Select ONE answer:

1. Retained profit
2. Selling assets
3. Sales revenue
4. Share capital

Show the workings to arrive at your answer, and explain and justify your reasons:

Which of the following is the best description of negative cash flow?

Select ONE answer:

1. Cash inflow exceeds cash outflow
2. Revenue is greater than costs
3. Cash outflow exceeds cash inflow
4. Costs are greater than revenue

Show the workings to arrive at your answer, and explain and justify your reasons:

Lucy’s Cosmetics uses unusual names for its cosmetics, such as ‘Cream of Base’.

This is an example of?

Select ONE answer:

1. stock control
2. customer service
3. quality control
4. differentiation

Show the workings to arrive at your answer, and explain and justify your reasons:

The figure below shows a diagram of Maslow’s Hierarchy of Needs.

Which need is represented by Level 5?

Select ONE answer:

1. Self-actualisation
2. Security
3. Physical
4. Esteem

Show the workings to arrive at your answer, and explain and justify your reasons: