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Business Quiz
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Question 1 of 10
1. Question
The value of the assets a person or corporation owns, minus the liabilities they owe is called?
Correct
Net worth is the value of everything you own, both your financial and non-financial assets, minus any debts you owe. Your net worth can act as an indicator of your financial health.
Incorrect
Net worth is the value of everything you own, both your financial and non-financial assets, minus any debts you owe. Your net worth can act as an indicator of your financial health.
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Question 2 of 10
2. Question
An asset that a lender accepts as security for extending a loan is called?
Correct
Collateral is an asset that a lender accepts as security for extending a loan. If the borrower defaults, then the lender may seize the collateral.
Incorrect
Collateral is an asset that a lender accepts as security for extending a loan. If the borrower defaults, then the lender may seize the collateral.
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Question 3 of 10
3. Question
A distribution of profits by a corporation to its shareholders is a
Correct
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a proportion of the profit as a dividend to shareholders
Incorrect
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a proportion of the profit as a dividend to shareholders
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Question 4 of 10
4. Question
What is the highest rate of PAYE (Pay As You Earn) payable to ZIMRA?
Correct
The current highest possible rate of PAYE according to ZIMRA is 40%
Incorrect
The current highest possible rate of PAYE according to ZIMRA is 40%
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Question 5 of 10
5. Question
Which government body oversees ZIMRA?
Correct
The Ministry of Finance oversees ZIMRA
Incorrect
The Ministry of Finance oversees ZIMRA
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Question 6 of 10
6. Question
When you can not provide a customer with an immediate solution, what should your next step be?
Correct
You should note down the issue and ensure they will receive follow-up contact to resolve the issue
Incorrect
You should note down the issue and ensure they will receive follow-up contact to resolve the issue
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Question 7 of 10
7. Question
Which is NOT an example of active listening?
Correct
Active listening is the practice of preparing to listen, observing what verbal and non-verbal messages are being sent, and then providing appropriate feedback for the sake of showing attentiveness to the message being presented. This form of listening conveys a mutual understanding between speaker and listener.
Incorrect
Active listening is the practice of preparing to listen, observing what verbal and non-verbal messages are being sent, and then providing appropriate feedback for the sake of showing attentiveness to the message being presented. This form of listening conveys a mutual understanding between speaker and listener.
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Question 8 of 10
8. Question
Who is the founder of Mukuru Money Transfer?
Correct
Rob Burrell is a Zimbabwean expatriate residing in the UK. He is the Founder of Mukuru. You can read more: https://startupbiz.co.zw/rob-burrell-the-man-that-built-mukuru/(Opens in New Tab)
Incorrect
Rob Burrell is a Zimbabwean expatriate residing in the UK. He is the Founder of Mukuru. You can read more: https://startupbiz.co.zw/rob-burrell-the-man-that-built-mukuru/(Opens in New Tab)
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Question 9 of 10
9. Question
Who is Zodwa Mkandla?
Correct
Zodwa Mkandla is the Founder and Managing Director of Traverze Travel. Traverze Travel is a business and leisure travel management company: You can read more: https://startupbiz.co.zw/zodwa-mkandla-entrepreneur-profile/ (Opens in New Tab)
Incorrect
Zodwa Mkandla is the Founder and Managing Director of Traverze Travel. Traverze Travel is a business and leisure travel management company: You can read more: https://startupbiz.co.zw/zodwa-mkandla-entrepreneur-profile/ (Opens in New Tab)
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Question 10 of 10
10. Question
Gideon Gono was RBZ governor during which period?
Correct
Gideon Gono is a former Governor of the Reserve Bank of Zimbabwe (RBZ), serving from 2003 to 2013
Incorrect
Gideon Gono is a former Governor of the Reserve Bank of Zimbabwe (RBZ), serving from 2003 to 2013
