COMPLETE STUDY GUIDE & PRACTICE
QUESTIONS
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Updated 2026 Questions and Answers
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, Capital expenditure money spent on fixed assets which will last for more than one year.
Revenue expenditure money spent on day-to-day expenses which do not involve the purchase of a
long-term asset, for example wages or rent.
Internal finance funds obtained from within the business itself.
External finance funds obtained from sources outside of and separate from the business.
Micro finance providing financial services (including small loans) to poor people not served
by traditional banks.
Cash flow the cash inflows and outflows over a period of time.
Cash inflows the sums of money received by a business during a period of time.