I don't think this situation is well covered in the book, and should be cleared up. Using the console to determine how many tenths of a second remain, so we know whether a ball can or can't be caught before a field goal try, doesn't sit well with me. Because not all gyms have consoles that show the time... tenths of a second or not.
I mean, what if in this case the console didn't show the time? How do you proceed? Do you allow a catch and shoot?
I can't say for sure, but I seem to have been in a situation where all zeroes were shown on the clock, but the horn did not sound yet. Furthermore, the console did not display the time, making it impossible to determine if a ball could be caught before a field goal try. So it was decided that the quarter was over with.
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