FSO Unit 5 Quiz

Which one of the following is NOT part of a EPOS?

• Scanner

• Receipt printer

• Cash drawer

• Camera

Happy Florist starts the business day with $300 in denominations of $1, $2, $5, $10 and different coins. This is also known as the

• cash register

• cash float

• cash set up

• change

Amber bought a bouquet for $109, which included a 9% GST. What is GST?

• Good Sale Tax

• Goods and Selling Tax

• Goods and Services Tax

• Good Service Tax

Peter is buying a hamper for $200 and realised he does not have enough cash on him. Which one of the following non-cash methods can he use?

• NETS

• PIN

• Cheque

• Credit note

Janet threw away all her receipts. This is not advisable as she will need a receipt ...

(You may select more than one option)

• to avoid disputes whether she has paid or not

• as proof of purchase

• to exchange the product

• to get more discounts in future

A tourist just gave you a $100 dollar note to pay for a bouquet. Which of the following should you check if you suspect that the note is counterfeit?

(You may select more than one option)

• Water mark

• Kinegram

• Security thread

• Where it is printed

What does NETS stand for?

• National Electronic Transaction System

• New Electrical Transit System

• Network for Electronic Transfers

• Network of Electronic Transaction System

A customer's credit card has been declined. What are the possible reasons?

(You may select more than one option)

• Exceeded credit limit

• Credit card has been reported stolen

• Credit card has expired

• Person is not authorised to use the card

A customer wants to buy a teddy bear that costs $10. How much does he need to pay if the shop has to charge 9% GST?

• $0.90

• $10.90

• $109

• $11

Calculate the GST that a customer needs to pay if he is buying a bouquet that cost $150.

• $13.50

• $163.50

• $150.90

• $12