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Business Quiz
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Question 1 of 10
1. Question
What’s revenue?
Correct
Revenue is the income from sales of products or services. Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.
Incorrect
Revenue is the income from sales of products or services. Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.
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Question 2 of 10
2. Question
Which is the largest bank in Zimbabwe?
Correct
CBZ is the largest bank in Zimbabwe, followed by CABS.
Incorrect
CBZ is the largest bank in Zimbabwe, followed by CABS.
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Question 3 of 10
3. Question
What is the monthly poverty datum line for a family of 5 in Zimbabwe (2016)?
Correct
The poverty datum line in Zimbabwe is $480
Incorrect
The poverty datum line in Zimbabwe is $480
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Question 4 of 10
4. Question
Which sector contributes more to the GDP of Zimbabwe?
Correct
Since 2009, the Distribution, Hotels, and Restaurants sector has been contributing more to the GDP of Zimbabwe than other sectors. (Source : ZIMSTAT)
Incorrect
Since 2009, the Distribution, Hotels, and Restaurants sector has been contributing more to the GDP of Zimbabwe than other sectors. (Source : ZIMSTAT)
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Question 5 of 10
5. Question
The financial statement that reports the revenues and expenses for a period of time such as a year or a month is the ……… ?
Correct
The income statement reports the revenues and expenses for a period of time.
Incorrect
The income statement reports the revenues and expenses for a period of time.
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Question 6 of 10
6. Question
How much tax do Zimbabwe businesses pay?
Correct
Businesses pay 25% tax in Zimbabwe.
Incorrect
Businesses pay 25% tax in Zimbabwe.
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Question 7 of 10
7. Question
Correct
Debt is a liability not an asset. An asset is defined as a resource that is owned or controlled by a company that can be used to provide a future economic benefit.
Incorrect
Debt is a liability not an asset. An asset is defined as a resource that is owned or controlled by a company that can be used to provide a future economic benefit.
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Question 8 of 10
8. Question
Munyaradzi Gwatidzo is the founder of which company?
Correct
Munyaradzi Gwatidzo is the founder of Astro Mobile. Check out his profile http://www.startupbiz.co.zw/munyaradzi-gwatidzo/ .
Incorrect
Munyaradzi Gwatidzo is the founder of Astro Mobile. Check out his profile http://www.startupbiz.co.zw/munyaradzi-gwatidzo/ .
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Question 9 of 10
9. Question
There must be sufficient finance to pay for the daily running of the business.This money is known as ?
Correct
Working capital is the cash available for day-to-day operations of an organization. If you don’t have enough working capital you may go bankrupt, even though your business is profitable!
Incorrect
Working capital is the cash available for day-to-day operations of an organization. If you don’t have enough working capital you may go bankrupt, even though your business is profitable!
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Question 10 of 10
10. Question
It is important to make eye contact with a customer because?
Correct
Eye contact reassures customers that your attention is focused on them
Incorrect
Eye contact reassures customers that your attention is focused on them
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