Business Finance
The Central Bank is owned and controlled by
Governments
Dayhn bought a dye factory because he wanted to ensure that he received a regular supply of dye to make tye-and-dye t-shirts for selling. In which type of linkage is Dayhn engaged?
Backward Linkage
Private enterprises are mainly run to
A. create profit
B. reduce inflation
C. provide jobs for more people
D. distribute goods and services fairly
A. create profit
Government can encourage business activity by
a. reducing taxes
b reducing grants
c. reducing spending
d. budgeting for a surplus
a. reducing taxes
Salim's Car Dealership wants to transport car parts from Dominica to St Lucia. What is the BEST method to transport the car parts?
Sea transportation
Which of the following institutions facilitates the sale and purchase of existing securities?
a. Unit Trust
b. Credit union
c. Merchant bank
d. Stock market
d. Stock market
Which is NOT a characteristic of cottage industries?
a. Small scaled
b. Home based
c. Mainly automated
d. Utilized mainly local raw materials
c. Mainly automated
A post dated cheque is one which
A. is dated for payment at a future date
B. was written no longer than six months ago
C. is dated to agree of the date of the document requesting payment
D. is dated by the bank on the day the cheque is presented for payment
A. is dated for payment at a future date
Which of the following measures could be used to protect the environment?
I. Recycling
II. Deforestation
III. Water conservation
I and III
Which of the following is least likely to be described as good public relations for a company?
a. Sponsorship of a steel band
b. The offering of scholarships
c. Reduction in the prices to retailers
d. The hosting of annual sports events
c. Reduction in the prices to retailers
Kiara invests her savings by buying shares in a company. From this investment, Kiara is expects to
dividend
What type of capital is used for the day to day operations of a busiess?
Working Capital
In which of the following situations is collateral most needed?
A. Buying stocks and shares
B. Taking out an insurance policy
C. Borrowing from a financial institution
D.Ordering goods from a foreign manufacturer
C. Borrowing from a financial institution
Define the term 'subsidies".
Money given by the government to help an industry
What types of logistics providers are FedEx and DHL examples of?
Third-party logistics (3PL)
An instruction to a commercial bank to make regular payments for a fixed amount to a named person is called a
standing order
The amount of labour available for productive activity is known as
Labour force
Which of the following outcomes is LEAST likely to result from growth in an organization?
A. Greater productivity
B. More division of labour
C. Increased communication
D. Increased capital investment
C. Increased communication
The increase in skills and abilities as a result of education and training is referred to as
Human Resource Development
The acronym GPS stands for
Global Positioning System
Which financial statement shows the assets, labilities and capital of a business?
Balance Sheet
Subsistence production is BEST described as producing good for
personal use
Inflation can best be described as
A. changes in the level of price of goods and services
B. a fall in the level of price of goods and services
C. a general and sustained rise in the level of prices
D. fluctuations in the general price level
C. a general and sustained rise in the level of prices
Which of the following methods can a government use to reduce unemployment?
A. Deflate the economy
B. Increase income taxes
C. Increase interest rate on borrowers
D. Impose employment levies on firms
D. Impose employment levies on firms
Define price discrimination.
Different prices for the same product