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Free Exam: Lesson 5: Financing Alternatives

Number of Questions in Test: 10
Number of Questions in Preview: 5
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Question 1

If a store neesd money, it should use which of the following finance alternatives?

Type: Multiple choice
Points: 1
Randomize answers: No

Question 2

A report, created by the bank when you seek a loan, that assesses the risk of loaning money to a business can be called a:

Type: Multiple choice
Points: 1
Randomize answers: No

Question 3

You will get a 2% discount if you pay in 10 days. Otherwise, the Net (or full) amount is due in 30 days, is best represented by

Type: Multiple choice
Points: 1
Randomize answers: No

Question 4

Cash is the term business people use for:

Type: Multiple choice
Points: 1
Randomize answers: No

Question 5

Liabilities are what you owe to others. True or false?

Type: Multiple choice
Points: 1
Randomize answers: No

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