3. Finance and Accounts

Internal Sources Of Finance — Quiz

Test your understanding of internal sources of finance with 5 practice questions.

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Practice Questions

Question 1

What is meant by internal sources of finance?

Question 2

Which of the following is an example of retained profit?

Question 3

Why might a business choose internal finance rather than external finance?

Question 4

Which internal source of finance involves selling items the business already owns but no longer needs?

Question 5

What is a possible disadvantage of relying on retained profit?