3. Finance and Accounts

Long-term Finance — Quiz

Test your understanding of long-term finance with 5 practice questions.

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Practice Questions

Question 1

What is the main reason a business uses long-term finance?

Question 2

Which of the following is a common source of long-term finance?

Question 3

What is one advantage of issuing shares as a source of long-term finance?

Question 4

Which statement best describes a debenture?

Question 5

Why might a business prefer internal finance rather than external finance?
Long-term Finance Quiz — IB Business Management HL | A-Warded