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Volza 1st Intermediate quiz

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

What is the full form for HS Code ?

a)

Harmonized System Classification code

b)

Hardware System Classification code

c)

Homologated System Classification code

d)

Honest System Classification code

2.

FOB means the cost of goods at the port of Destination

a)

True

b)

False

3.

With Type 1 data - We only get the statistical data like the Value, Price, Product, description, HS code however we do not get any party details.

a)

True

b)

False

c)

We get the importer details

d)

We get the exporter details

4.

Indian database in Volza is based on Custom data which is the most accurate data however when you talk about USA, USA data is based on Shipping Bill and Bill of Lading.

a)

True

b)

False

c)

It is also based on customs data

d)

It is based on CHA agent data

5.

     CIF Value = (Cost + Insurance + Freight) + 1% Landing Charges + _________

a)

Load (If any)

b)

Assessable value

c)

Shipping Bill

d)

Bill of Lading

6.

Final Landed value includes Applicable duty as prescribed by the government

a)

True

b)

False

7.

Verify the statement : We don’t charge customers for shipments that are already downloaded and saved in a workspace, only when a client searches the data and downloads fresh shipments only then they are charged for downloading points

a)

True

b)

False

8.

With respect to the download charges, if we download a shipment from Indian data , 1 point will be deducted for each shipment that we download

a)

True

b)

False

9.

Workspaces cannot be permanently deleted and can be restored from the trash even after deletion.

a)

True

b)

False

10.

Volza can be accessed anywhere in the world with the help of an internet connection and a username and password limiting the need of any excess hardware or software.

a)

True

b)

False