ZOHO BOOKS CONCEPTS QUIZ - ONLINE WORKSHOP

ZOHO BOOKS CONCEPTS QUIZ - ONLINE WORKSHOP

Assessment

Quiz

Financial Education

Professional Development

Medium

Created by

Brainbox IQ

Used 3+ times

FREE Resource

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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of the Zoho Books dashboard?

a) To view customer reviews

b) To provide a summary of business activities

c) To customize financial reports

d) To access settings directly

Answer explanation

  1. Answer: b) To provide a summary of business activities
    Explanation: The dashboard provides a summary of business activities, including income, expenses, and bank balances.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which module in Zoho Books is used to manage customer payments?

a) Purchases

b) Banking

c) Sales

d) Inventory

Answer explanation

Answer: c) Sales
Explanation: The Sales module is where you manage customer payments, invoices, and estimates.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does GST stand for in Zoho Books?

a) General Sales Tax

b) Goods and Services Tax

c) General Services Tax

d) Government Services Tax

Answer explanation

Answer: b
Explanation: GST stands for Goods and Services Tax, applicable to goods and services in India.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Zoho Books does not allow you to customize financial reports

TRUE

FALSE

Answer explanation

Explanation: Zoho Books provides options to customize financial reports based on business needs.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The __________ report in Zoho Books summarizes a business's financial performance over a period.

Answer explanation

Answer: Profit and Loss Statement
Explanation: The Profit and Loss Statement shows income, expenses, and profit or loss.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You sold goods worth ₹50,000 with 18% GST. What is the total invoice amount?

a) ₹50,000

b) ₹59,000

c) ₹65,000

d) ₹53,000

Answer explanation

Answer: b
Explanation: Total invoice amount = ₹50,000 + 18% of ₹50,000 = ₹59,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You want to track the stock of products sold. Which module should you use?

a) Sales

b) Inventory

c) Purchases

d) Banking

Answer explanation

Answer: b
Explanation: The Inventory module tracks stock levels, purchases, and sales.

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