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Home › WJEC GCSE Business Studies › Finance: Sources of Finance
WJEC · GCSE · Business Studies

Finance: Sources of Finance
Practice Questions

40 WJEC GCSE Business Studies questions on Finance: Sources of 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: Sources of Finance.

Try 2 sample questions on Finance: Sources of Finance

Question 1 · 1 mark · Difficulty 1/3

What is trade credit?

  1. Buying from suppliers now and paying them later
  2. Borrowing money from a bank for ten years
  3. Selling shares to members of the public
  4. Receiving a grant from the government
Show answer & explanation
✓ Answer: A — Buying from suppliers now and paying them later
Award 1 mark. Trade credit periods are often 30 to 90 days. The other options (Borrowing money from a bank for ten years; Selling shares to members of the public; and Receiving a grant from the government) do not fit.
Question 2 · 1 mark · Difficulty 1/3

What is leasing?

  1. Buying an asset outright with cash
  2. Selling an asset to raise money quickly
  3. Borrowing money secured on a house
  4. Paying regularly to use an asset without owning it
Show answer & explanation
✓ Answer: D — Paying regularly to use an asset without owning it
Award 1 mark. Leasing avoids large upfront costs for equipment or vehicles.
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20 questions · 25 min · free

WJEC GCSE Business Studies: Finance: Sources of Finance FAQ

Is Kramizo free for WJEC GCSE students preparing for Business Studies?
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: Sources of Finance practice with other Business Studies topics or even switch to a totally different WJEC 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: Sources of Finance questions aligned to the official WJEC GCSE Business Studies syllabus?
Every question is written against the published WJEC GCSE Business Studies specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real WJEC 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 WJEC.
How is Finance: Sources of Finance typically tested on WJEC GCSE Business Studies papers?
Finance: Sources of Finance appears across multiple question types on real WJEC GCSE Business Studies 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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