◈ Oracle Prep Sign Up Free

O-LevelCommerceFinance7100/11 · Oct/Nov 2016 · Q381 Mark

ABC Corporation is a large manufacturing company. It needs immediate finance as it is having cash flow problems. Which source of finance would be the most suitable for ABC Corporation?

Ahire purchase

Boverdraft

Cshares

Dtrade credit

✓ Correct answer

B: overdraft

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Finance and see which topics are most likely to come up next.

Sign up free →

About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 1, question 38.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Commerce questions

FinanceMay/June 201220m

During May, a fruit and vegetable shop has a turnover of $50000. The mark-up is 25% on purchases made mostly from who…

FinanceMay/June 20131m

A trader buys goods worth $4000 and receives 20% trade discount and 10% cash discount. How much is the cash discount?

FinanceMay/June 20131m

An overdraft is a suitable means of obtaining finance from a bank for

Business enterpriseMay/June 20111m

Which person is most likely to be employed in the public sector of a country?

Business enterpriseMay/June 20111m

Which statement explains why franchising is a popular way of starting a business?

Business enterpriseMay/June 20111m

A multinational is a company that

← Browse all past-paper questions