Entrepreneurship

Quiz 7
Total marks 10
Marks obtained /10
Fill the blanks

1. Usually a combination of financing is used.

2. One short-term internal source of funds is reducing .
3. A bank may finance up to %of the value of the accounts
receivable.
4. Trust receipts are a type of loan used to finance floor plans of
retailers such as auto dealers.
5. Installment loans are used to cover working capital needs, usually for .
6. are usually only available to more mature companies

7. SIDB stands for .

8. The statement may show the actual amounts next to the

budgeted amounts.

9. is commonly used to measure the short-term solvency of

the venture

10. Is free advertising provided by a media outlet?