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SingaporeBusiness StudiesQuick questions

Financial Information and Decisions

Quick questions on Sources of finance explained: O-Level Business Studies

5short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is internal sources of finance?
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Internal finance comes from within the business:
What is external sources of finance?
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External finance comes from outside the business:
What is q1?
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Define the term internal finance. [2 marks]
What is q2?
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State two external sources of finance suitable for a limited company. [2 marks]
What is q3?
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Explain why a business should use long-term finance to buy a new factory rather than an overdraft. [4 marks]

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