Quiz: External Finance - Trade Credit

AQA GCSE Business 8132

11 Steps10 Questions

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Building on what you've learned about external finance, let's test your understanding of trade credit.

Multiple ChoiceInteractive

What is trade credit?

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Which of the following are advantages of trade credit? (Select all that apply)

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Trade credit is often used by businesses to delay payments for {{blank0}} or services, helping manage {{blank1}}.

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MatchingInteractive

Match the items on the left with their correct pairs on the right

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Multiple ChoiceInteractive

What happens if a business fails to pay within the trade credit period?

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Multi-SelectInteractive

Which businesses are most likely to use trade credit? (Select all that apply)

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Suppliers may offer trade credit to businesses with {{blank0}} payment history, as it shows {{blank1}}.

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MatchingInteractive

Match the items on the left with their correct pairs on the right

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Multiple ChoiceInteractive

Which of the following is NOT a disadvantage of trade credit?

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Math EquationInteractive

Match the items on the left with their correct pairs on the right

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