7.1 - Based on Time Period
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What type of finance is typically repaid within one year?
💡 Hint: Think about immediate needs and operational costs.
Give an example of medium-term finance.
💡 Hint: Consider financing for equipment or projects.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the maximum period for short-term finance?
💡 Hint: Consider your immediate financing needs.
True or False: Long-term financing is typically used for immediate operational needs.
💡 Hint: Think about the duration and type of needs it addresses.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
A small bakery needs immediate funds to purchase flour and sugar. Which type of finance should they consider, and why?
💡 Hint: Focus on the urgency of the purchases.
A tech firm is planning to expand its office space in four years. What financing option is best, and what factors must they consider?
💡 Hint: Think about the timeline and scale of the expansion.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.