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Worksheets

Finance

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

What are the 2 types of sellers selling on Lazada? (multiple answers)

a)

Corporate Seller

b)

Microseller

c)

Fulfillment by Lazada

d)

Dropshipping

2.

All delivered orders from Monday to Sunday under Individual/Microseller will be paid on:

a)

Thursday of the following week

b)

Tuesday of the following week

c)

Monday of the following week

d)

Wednesday of the following week

3.

A tab in Seller Center where the seller can view and check all the financial

statements and its detailed breakdown

a)

Orders

b)

Finance

c)

Promotions

d)

Growth Center

4.

Why does Lazada require the seller to submit a collection receipt?

a)

To evidence cash transfer from merchant to Lazada

b)

To evidence that we charge the merchant for the VAT of the items they sold

c)

To evidence cash transfer from Lazada to merchant.

5.

Why does Lazada required the seller to submit 2307?

a)

To evidence that the merchant has withheld taxes in behalf of Lazada

b)

To evidence that the merchant is a seller of Lazada

c)

To evidence that Lazada charge the merchant for the VAT of the items they sold

d)

To evidence that they are selling on Lazada

6.

We only charge a payment fee for every delivered item if the seller is:

a)

Non-Coop (Corporate Seller

b)

Coop Seller (Microseller)

c)

All sellers, regardless if under Coop or not will be charge for payment fee

d)

FBL sellers

7.

A transaction type that is posted as a debit to reverse the item charges bundles

when an item is returned and refunded.

a)

Reversal Item Price

b)

Payment Fee

c)

Shipping Fee (Paid By Customer)

d)

Item Price Credit

8.

The amount (1% of the seller's net sales) charged by the cooperative to

microsellers selling in Lazada. The fees collected are used to fund the

administrative and operational expenses of the cooperative such as payment of

salaries, rent, legal, accounting and taxation, utilities and other related expenses

a)

Reversal Item Price

b)

Payment Fee

c)

Admin Fee

d)

Item Price Credit

9.

A transaction type that covers the cost of payment processing and is being

computed from the Item Price (minus any seller promotional charges like Vouchers

and Flexi Combo) plus the Shipping Fee paid by the Customer

a)

Reversal Item Price

b)

Payment Fee

c)

Shipping Fee (Paid By Customer)

d)

Item Price Credit

10.

Given the following details below, how much will we charge the seller for the

payment fee?

()Item Price: PHP 999;

()Voucher Promotion: PHP 89;

()Shipping Fee Paid by Seller: PHP 50

a)

21.50

b)

22.50

c)

23.50

d)

20.50