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Sources of Business Finance: Class 11 Chapter 8 Revision Quiz

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Sources of Business Finance: Class 11 Chapter 8 Revision Quiz

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Questions and Answers

What is the primary goal of every business endeavour?

Tangible asset purchase

Short-term financial gain

Long-term financial success and societal benefit (correct)

Intangible asset acquisition

What is the main purpose of business finance?

Launching and expanding a business

Purchasing tangible assets

Managing intangible assets

Raising funds for commercial organisations (correct)

Which of the following is considered a tangible asset?

Technical expertise

Machinery (correct)

Trademarks

Patents

What do business organisations require funds for, besides tangible assets?

Running and expanding a business Signup and view all the answers

What are the topics covered in Class 11 Business Studies Chapter 8?

Categorisation of funding sources Signup and view all the answers

What is the term used to describe the money needed to maintain the regular operations of a business?

Working capital Signup and view all the answers

Which of the following is an example of an internal source of funds for an organization?

Reinvesting profits Signup and view all the answers

What is the significance of considering the cost while choosing the funds that an organization will use?

It directly impacts the company's financial strength and stability Signup and view all the answers

What does the term 'fixed capital requirements' refer to in the context of business finance?

The sums of money needed to buy real estate and equipment Signup and view all the answers

What is the term used to describe the ability of a company to raise the capital it needs to function?

Business finance Signup and view all the answers