CHECK Cost centre is used for maintaining branch accounting

A. True

B. False

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  1. The default Filter in Fact is
  2. In Fact the default user name is
  3. The 'Bill Terms' option in Fact is used to record
  4. The special account created to need cash withdrawal entris from bank is known as
  5. In Fact the additional information in transaction can be added through
  6. In Sales transaction, we can maintain
  7. An account with an opening balence can be deleted in Fact
  8. We can assign rights to the user
  9. We can maintain multiple currency in FACT
  10. It is not possibe to create online ledger in Fact
  11. To pass a credit note we select
  12. We can change document numbering from
  13. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  14. It is optional to enter cost centre in inventory issue
  15. In Fact we have to specify the group of the ledger at the time of its creation
  16. To create a group while creating P/L Layout we have to press
  17. New rights can be applied to
  18. Audit Trail facility is available in FACT
  19. AR/AP stands for
  20. In Fact the user can specify the hard disk wher the company data will be stored .
  21. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  22. The GL Account which must be created in Fact are known as
  23. In Document Class the sum of the numbers in the three sagement may be less than 6
  24. If the Initial name of a company is "PQR", the company data will be stored in
  25. We can insert a new page while designing P/L Layout by using
  26. In Fact while creating a company we can specify an accounting model at
  27. Fact Support 4 Inventory valuation method
  28. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  29. We can maintain monthly budget through the option Budget under Master
  30. FACT supports ____ number of users