Quiz: External Finance - Overdrafts
AQA GCSE Business 8132
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Building on what you've learned about external finance, let's test your knowledge of overdrafts!
What is an overdraft?
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Which of the following are advantages of using an overdraft? (Select all that apply)
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An overdraft is a form of {{blank0}} finance provided by a {{blank1}}.
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Match the items on the left with their correct pairs on the right
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Which type of business would most likely use an overdraft?
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What are potential risks of using an overdraft? (Select all that apply)
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A business has an overdraft limit of £10,000 and uses £7,500. How much is left in their overdraft limit?
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What is a key difference between an overdraft and a loan?
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Match the items on the left with their correct pairs on the right
Which statement about overdraft interest is correct?
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