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Sources of capital - SS1 Commerce Past Questions and Answers - page 1

1

What is a debenture?

A

A share in a company

B

Short-term borrowing facility

C

Long-term debt instrument

correct option: c

Long-term debt instrument

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2

Which source of capital allows investors to become partial owners of a company?

A

Loans

B

Shares

C

 Retained profit

correct option: b

Shares

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3

What is the purpose of retaining profits within a company?

A

Providing a source of capital for future investments

B

Paying dividends to shareholders

C

Financing short-term expenses

correct option: a

Providing a source of capital for future investments

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4

What is an overdraft?

A

Long-term borrowing facility

B

Funds borrowed from individuals

C

Short-term borrowing facility

correct option: c

Short-term borrowing facility

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5

Which source of capital involves regular interest payments and repayment of principal?

A

Loans

B

Shares

C

Debentures

correct option: c

Debentures

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6

State one advantage of issuing shares for a company.

Shareholders can benefit from the company's profits through dividends.

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7

What is the primary purpose of obtaining a loan for a company?

To finance various activities such as purchasing assets, funding projects, or managing cash flow.

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