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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What type of finance is typically repaid within one year?
💡 Hint: Think about immediate needs and operational costs.
Question 2
Easy
Give an example of medium-term finance.
💡 Hint: Consider financing for equipment or projects.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the maximum period for short-term finance?
- Less than 1 year
- 1 to 5 years
- More than 5 years
💡 Hint: Consider your immediate financing needs.
Question 2
True or False: Long-term financing is typically used for immediate operational needs.
- True
- False
💡 Hint: Think about the duration and type of needs it addresses.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
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.
Question 2
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.
Challenge and get performance evaluation