CHECK Cost centre is used for maintaining branch accounting

A. True

B. False

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  1. In Fact the default user name is
  2. We can change document numbering from
  3. We can maintain multiple currency in FACT
  4. We can insert a new page while designing P/L Layout by using
  5. FACT does not support transfer of stock
  6. The Adit Trail features in Fact, stores
  7. AR/AP stands for
  8. An account with an opening balence can be deleted in Fact
  9. FACT supports ____ number of users
  10. Audit Trail facility is available in FACT
  11. The GL Account which must be created in Fact are known as
  12. To create a group while creating P/L Layout we have to press
  13. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  14. The default Filter in Fact is
  15. In Fact the user can specify the hard disk wher the company data will be stored .
  16. We can assign opening balence to nominal account in Fact
  17. The User can define layout of cash flow in
  18. In Fact while creating a company we can specify an accounting model at
  19. It is optional to enter cost centre in inventory issue
  20. If the Initial name of a company is "PQR", the company data will be stored in
  21. It is possible to maintain Memo type voucher
  22. To pass a credit note we select
  23. We can maintain monthly budget through the option Budget under Master
  24. The 'Bill Terms' option in Fact is used to record
  25. It is not possibe to create online ledger in Fact
  26. In Fact the Install date can be a date earlier than starting date
  27. CHECK Cost centre is used for maintaining branch accounting
  28. When FACT is installed, the group created is
  29. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  30. We can Copy Master from one company to another company with ____________________ option.