G9 End of Term 3 Exam Review

• Business Studies
• Secondary Education
• Age 13

Wednesday, 24th of May, 2023

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Medium of exchange means we can use money to buy goods and services.

1. true
2. false

Which one is an example of cryptocurrency?

1. credit card
2. gold
3. bitcoin

start-up-costs

day-to-day costs

expansion

operations

cash-flow problems

What are examples of day-to-day costs?

1. new products and new branches
2. wages and fuel
3. machines

Sources of finance means...

1. the different ways a business can raise more money
2. the different ways a business can save more money

A business can withdraw (take out) more money than the balance of the bank account.

1. credit card
2. overdraft
3. bank loan

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