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Chapter 11 of 20
Practice Quiz

Short Term Sources of Finance

Telangana Open School (TOSS) · Class 12 · Business Studies

Practice quiz for Short Term Sources of Finance — Telangana Open School (TOSS) Class 12 Business Studies. MCQs and questions with answers to test your preparation.

41 questions25 flashcards5 concepts

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Quick Quiz: Short Term Sources of Finance

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1

What is the main purpose of short-term finance in a business?

2

Which of the following is a component of working capital?

3

What is the typical duration for short-term finance?

4

Which of the following is NOT a source of short-term finance?

41 Questions·
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Sample Questions

1multiple choice
1 marks

What does working capital equal?

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Current assets minus current liabilities

Working capital is calculated as current assets minus current liabilities. It shows the liquidity available for daily operations.

2multiple choice
1 marks

Which of the following is a current liability?

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Bills payable

Bills payable are short-term obligations to be paid within a year, making them current liabilities.

3multiple choice
1 marks

Trade credit is generally provided by:

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Suppliers of goods

Trade credit is the credit extended by suppliers of raw materials or goods to the buyer, allowing payment after a certain period.

4multiple choice
1 marks

Which of the following is a merit of short-term finance?

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Economical to arrange

Short-term finance is relatively economical because it can be arranged quickly and with lower interest costs compared to long-term loans.

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Frequently Asked Questions

What are the important topics in Short Term Sources of Finance for Telangana Open School (TOSS) Class 12 Business Studies?
Short Term Sources of Finance covers several key topics that are frequently asked in Telangana Open School (TOSS) Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Short Term Sources of Finance — Telangana Open School (TOSS) Class 12 Business Studies?
Understand the core concepts first, then work through the 41 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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