10 Questions
What is the primary goal of every business endeavour?
Long-term financial success and societal benefit
What is the main purpose of business finance?
Raising funds for commercial organisations
Which of the following is considered a tangible asset?
Machinery
What do business organisations require funds for, besides tangible assets?
Running and expanding a business
What are the topics covered in Class 11 Business Studies Chapter 8?
Categorisation of funding sources
What is the term used to describe the money needed to maintain the regular operations of a business?
Working capital
Which of the following is an example of an internal source of funds for an organization?
Reinvesting profits
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
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
What is the term used to describe the ability of a company to raise the capital it needs to function?
Business finance
Test your understanding of the sources of business finance with this Class 11 Business Studies Chapter 8 revision quiz. Explore the nature, significance, and categorization of funding sources, including retained earnings, trade credit, lease financing, and more.
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