Unit 3: Finance and Accounts
Topic 3.2: Sources of Finance Questions
Practice 20 exam-style questions for IB Business Management Topic 3.2. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.
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State two examples of external sources of finance.
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Define the term purchasing in relation to assets.
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Define the term internal sources of finance.
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Define the term external sources of finance.
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Define the term short-term finance.
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State one example of short-term finance and one example of long-term finance.
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State one advantage of leasing and one advantage of purchasing.
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State two examples of internal sources of finance.
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Define the term external sources of finance.
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State two examples of external sources of finance.
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Define the term internal sources of finance.
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Define the term long-term finance.
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State one example of short-term finance and one example of long-term finance.
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State two examples of internal sources of finance.
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Define the term short-term finance.
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Define the term purchasing in relation to assets.
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Define the term long-term finance.
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2026• vault
State one advantage of leasing and one advantage of purchasing.
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