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Run the finance periods

Exercise and reference answers

Questions
  1. Correct
    Long
    Choices
    1. Long
    2. Medium
    3. Short
  2. Correct
    Medium
    Choices
    1. Long
    2. Medium
    3. Short
  3. Correct
    Short
    Choices
    1. Long
    2. Medium
    3. Short
  4. Correct
    Owner
    Choices
    1. Owner
    2. Borrowed
    3. Internal
  5. Correct
    Borrowed
    Choices
    1. Owner
    2. Borrowed
    3. Internal
  6. Correct
    Internal
    Choices
    1. Owner
    2. Borrowed
    3. Internal
Instructions
Period: over five years, one to five years, under one year; then owner, borrowed, internal.

Explanation

_Source: syllabus Business Studies, Chapter 8, Sources of Business Finance._
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