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Entrepreneurship (Latest Topic)
Entrepreneurship (Latest Topic)
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Made by: (H) Harley together with Chat Gpt. References: PPT and Quiz Provided by Sir (GClassroom).
Flashcards
37 cards
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Practice quiz
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Questions
37
Answers
1
What is the following is a well-known example of Cryptocurrency?
Euphoria
Coinbit
Ethereum
Apple Pay
2
Which features of financial systems is crucial to collaborative effectively with other departments?
Mileage Tracking
Project management
Payroll Processing
Invoicing management
3
Select the pair that shows a valid inventory concept and it's correct effect:
Bulk Purchasing: increases client's demand
Real-time Tracking: Accurate Stock Updates
Understock: Product expiration
Overstock: running out of items
4
What term involves comparing bank statements with accounting records?
Bank Resolution
Bank Reconciliation
Cash Flow
Private Banks
5
What is the primary source of digital invoicing in cloud-based accounting system?
To track employee performance
To manage company's inventory
To handle tax fillings
To send bills to clients
6
What feature logs hours for billing or productivity tracking?
Tax Tracking
Time Tracking
Invoicing
Payroll
7
Which platform is known globally for its user-friendly cloud accounting interface?
Xero
Zoho Books
QuickBooks Online
NetSuite
8
Which term records travel distance for business reimbursements?
Time Tracking
Tax Auditor
Tax Tracking
Mileage Tracking
9
What is the most closely associated with blockchain technology?
Cryptocurrency
Mobile Banking
Stocks
Cloud Storage
10
Which of the following are NOT directly related to payroll processing?
SSS Contributions
Tax Withholdings
Salary deductions
Project budgeting
11
What connects accounting software with apps like GCash or POS?
CRM (Customer Relationship Management)
Linux
Integrations
Project Tracking
12
What type of data does CPM typically store about customer?
Only purchase history
Only contact information
Only demographic information
Both contact information and purchase history
13
Ivan wants a cloud accounting tool with a user-friendly interface and many app integrations. Which to pick?
QuickBooks Online
Xero
Fresh Books
Zoho Books
14
Which cloud platform best known that offers invoicing, expense tracking, and payroll tools?
NetSuite
Xero
QuickBooks Online
Fresh Books
15
What is typically used to log mileage automatically?
Company ID system
Tax Tracking
GPS or Location Tracking
Invoicing
16
What does FinTech primarily focus on improving?
Offline Retail Operations
Legal processing systems
Manufacturing
Delivery and automation of financial services
17
Alyanna calls you to know freshbooks is commonly used by which type of professionals in the PH?
Consultants and Freelancers
All of the choices
Multi-national Corporations
Large retail chains
18
It helps automatically compute VAT and income taxes. DYK? VAT in the Philippines typically charge at "(%12)"
Tax Tracking
Tax Auditor
Mileage Tracking
Time Tracking
19
A Ryza's retail business sends promos based on past purchases, which aspect of digital transformation is this?
Enhanced Customer Service
Operational Efficiency
Innovation
Data-Driven Decision Making
20
Which system is a comprehensive ERP used by growing businesses?
NetSuite
QuickBooks Online
Fresh Books
Zoho Books
21
Yeyyy Done!! Gowd luck yoπ¦π₯π¨
Keep creatin' gonna use again soon π
THANKS AHAHAH
'preciate itπ€π€
Need improvement (feels not effective) but still thanks!π₯π
22
Which Fintech tool helps raise funds without using a traditional bank?
Crowdfunding Platform
Mobile Wallet
Blockchain Technology
Budgeting App
23
Pauleen needs a secure and real-time access to his business records online. What system fits him?
Cloud Based Accounting
CRM (Customer Relationship Management)
Desktop Accounting Software
QuickBooks Online
24
Ma'am Agnes wants to know what is the best suits companies needing a scalable ERP to manage all operations, need help.
Quickbooks online
Zoho books
Xero
Netsuite (Oracle)
25
The primary users of an AIS is an organization are usually:
Legal Consultants
Marketing Departments
Customer Service Teams
Finance and Audit Teams
26
What type of system allows businesses to manage financial data in real-time online?
Cloud-Based Accounting System
CRM Platform
QuickBooks Online
Traditional Accounting Software
27
Which system unifies all operations like accounting, HR, and inventory?
GST/BIR Reports
CRM (Customer Relationship Management)
ERP (Enterprise Resource Planning)
Payroll
28
Which term handles employee wages, bonuses, and tax deductions?
Invoicing
CRM (Customer Relationship Management)
Tac Tracking
Payroll
29
Who emphasized that digital transformation also means "rethinking" business models and processes?
Elon Musk and Jeff
Kenneth Laudon & Jane Laudon
Bill Gates & Kenneth Laudon
Kenneth Laudon & Jasmine Laudon
30
FreshBooks helps with invoicing and tracking time easily.
False
True
31
What is digital transformation?
Adding tech to improve customer service
Moving all business operations online
Integrating digital tech into all business areas
Using tech in some parts of business
32
Which of the following could be a sign that a business is facing cash flows problems?
The company is unable to pay its bills on time
Generating .ore revenue than spending
The company can easily pay off short term debts
The business has a large cash surplus
33
Which platform is known for simple invoicing and time-tracking tools?
NetSuite
QuickBooks Online
Fresh Books
Zoho Books
34
What is the primary functions of procedures and instructions of AIS?
Direct users on how to input, process and store data
Security measures to protect data integrity and confidentiality
CRM (Customer Relationship Management)
Users who operate and interact with the system
35
Cloud-based accounting systems require manual data entry with no automation.
False
True
36
You receive a U.S. order. Which advance feature is crucial for handling and payment shipping cost?
Budgeting
Multi-currency Support
Forecasting
Inventory Management
37
What cloud tool is affordable and integrates with Zohoβs business apps?
NetSuite
Zoho Books
QuickBooks Online
Fresh Books