Business finance one mark questions and answers

What is business finance and its objectives?
Business finance is the cornerstone of every organization.
It refers to the corpus of funds and credit employed in a business.
Business finance is required for purchasing assets, goods, raw materials and for performing all other economic activities..
What is finance in simple words?
Finance is a term broadly describing the study and system of money, investments, and other financial instruments.
Finance can be divided broadly into three distinct categories: public finance, corporate finance, and personal finance.
More recent subcategories of finance include social finance and behavioral finance..
Why is business finance important in detail?
Business finance is the cornerstone of every organization.
It refers to the corpus of funds and credit employed in a business.
Business finance is required for purchasing assets, goods, raw materials and for performing all other economic activities..
Finance is concerned with the art and science of managing money.
The finance discipline considers how business firms raise, spend, and invest money and how individuals divide their limited financial resources to achieve personal and family goals.

6 days agoBusiness Finance Question 1: A Well-developed money market is essential for a modern economy. More than one of the above.

6 days agoGet Business Finance Multiple Choice Questions (MCQ Quiz) with answers and detailed solutions. Download these Free Business Finance MCQ Quiz

General Marking Guidance

All learners must receive the same treatment.
Examiners must mark the first learner in exactly the same way as they mark the last.

How important is Business Finance in today's World?

In today’s world business finance is vitally important for any business as well as large companies.
Take a business finance quiz at the end of “Business Finance Basics for Beginners tutorial course” and test your knowledge on concepts of business finance or other related matters and scenarios by opting this business finance quiz.
Q1.

Specific Marking Guidance For Levels-Based Mark Schemes

Levels-based mark schemes (LBMS) have been designed to assess learner workholistically.
They consist of two parts: indicative content and levels-based descriptors.Indicative content reflects specific content-related points that a learner might make.Levels-based descriptors articulate the skills that a learner is likely to demonstrate inrelation to .

Business finance one mark questions and answers

What is business finance and its objectives?

What is finance in simple words?

Why is business finance important in detail?

General Marking Guidance

How important is Business Finance in today's World?

Specific Marking Guidance For Levels-Based Mark Schemes