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Finance
Practice Questions

50 CXC CSEC Principles of Business questions on Finance, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Finance.

Try 2 sample questions on Finance

Question 1 · 1 mark · Difficulty 1/3

Which of the following BEST describes working capital in a business?

  1. The difference between current assets and current liabilities
  2. The amount of long-term loans owed to creditors
  3. The profit remaining after all expenses are deducted
  4. The total value of fixed assets owned by the business
Show answer & explanation
✓ Answer: A — The difference between current assets and current liabilities
Working capital is calculated as current assets minus current liabilities, and it measures a firm's short-term liquidity. Option D describes net asset value of fixed assets, not working capital. Option B describes net profit. Option C describes long-term debt, which is not part of the working capital formula.
Question 2 · 1 mark · Difficulty 1/3

A Caribbean co-operative financial institution, owned by its members, that encourages saving and provides low-cost loans to members is a:

  1. Central bank
  2. Stock exchange
  3. Insurance company
  4. Credit union
Show answer & explanation
✓ Answer: D — Credit union
Award 1 mark. A credit union is a member-owned co-operative that pools members' savings to provide affordable loans. A central bank regulates the banking system, a stock exchange trades shares, and an insurance company covers risk.
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20 questions · 25 min · free

CXC CSEC Principles of Business: Finance FAQ

Is Kramizo free for CXC CSEC students preparing for Principles of Business?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Finance practice with other Principles of Business topics or even switch to a totally different CXC subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Finance questions aligned to the official CXC CSEC Principles of Business syllabus?
Every question is written against the published CXC CSEC Principles of Business specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC.
How is Finance typically tested on CXC CSEC Principles of Business papers?
Finance appears across multiple question types on real CXC CSEC Principles of Business papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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