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An account with an opening balence can be deleted in Fact

A. True

B. False

Related Questions

  1. FACT supports ____ number of users
  2. We can change document numbering from
  3. FACT supports multiple godown facility
  4. In Fact the accounting period can be specified for a maximum period of
  5. The 'Bill Terms' option in Fact is used to record
  6. We can assign opening balence to nominal account in Fact
  7. We can Copy Master from one company to another company with ____________________ option.
  8. The GL Account which must be created in Fact are known as
  9. CHECK Cost centre is used for maintaining branch accounting
  10. FACT stores data files under FACT directory
  11. The default user that is created immdiately after creation of company in Fact is 'Admin'
  12. When Fact is installed for the first time we have to enter a blank company to creat a new company
  13. We can insert a new page while designing P/L Layout by using
  14. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  15. To create an item we can maintain measurement unit of
  16. AR/AP stands for
  17. We can assign rights to the user
  18. In Fact the user can specify the hard disk wher the company data will be stored .
  19. If the Initial name of a company is "PQR", the company data will be stored in
  20. We can maintain monthly budget through the option Budget under Master
  21. The default Filter in Fact is
  22. To pass a credit note we select
  23. Fact Support 4 Inventory valuation method
  24. To create a group while creating P/L Layout we have to press
  25. When FACT is installed, the group created is
  26. In Sales transaction, we can maintain
  27. Audit Trail facility is available in FACT
  28. In Document Class the sum of the numbers in the three sagement may be less than 6
  29. FACT does not support transfer of stock
  30. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…

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