Fact has been developed by
Vedika Solutions Pvt. Ltd.
Vedika Software Pvt. Ltd.
Vedika Soff'ware Pvt. Ltd.
Vedika
Correct Answer :
B. Vedika Software Pvt. Ltd.
Related Questions
In Fact the additional information in transaction can be added through
Document Class
User Define Fields
Templet
Filter
In Fact the accounting period can be specified for a maximum period of
1 year
15 Months
2 Years
None of the above
If the Initial name of a company is "PQR", the company data will be stored in
FA-PQR
FA_PQR
FAPQR
PQR_FA
The Net Profit transferred to Balence Sheet in Fact using
Defined Total
Net Total
Opening P/L Balence
None of the above
We can change document numbering from
Accounts -----> Preference
System ------> Preference
Accounts ------> System ------> Preference
None of the above
Fact Support 4 Inventory valuation method
True
False
When Fact is installed for the first time we have to enter a blank company to creat a new company
True
False
CHECK Cost centre is used for maintaining branch accounting
True
False
We can assign opening balence to nominal account in Fact
True
False
We can Copy Master from one company to another company with ____________________ option.
Impot and Export.
Copy code from another account.
Both of the above
None of the above
It is possible to specify invoice-wise details of the opening balence of debtors in Fact
True
False
It is possible to maintain Memo type voucher
True
False
To create an item we can maintain measurement unit of
Sales and Purchase
sale, Purchase and Stock
Sales and Stock
None of the above
The 'Bill Terms' option in Fact is used to record
Details of Purchase Bill
Term of Sels Contract
Credit Period of Debtors
Discount Allowed
It is not possibe to create online ledger in Fact
True
False
To pass a credit note we select
Sale Bill
Sales challan
Journal
None of the above
We can maintain multiple currency in FACT
True
False
An account with an opening balence can be deleted in Fact
True
False
The default user that is created immdiately after creation of company in Fact is 'Admin'
True
False
It is optional to enter cost centre in inventory issue
True
False
FACT supports multiple godown facility
True
False
Template provides a pre-defined voucher
True
False
In Fact while creating a company we can specify an accounting model at
Company Templet
Install Sample Data
Install Sample Company
None of the above
In Fact the user can specify the hard disk wher the company data will be stored .
True
False
In Fact the Install date can be a date earlier than starting date
True
False
In Document Class the sum of the numbers in the three sagement may be less than 6
True
False
FACT stores data files under FACT directory
True
False
New rights can be applied to
User
Group
Both of the above
None of the above
We can assign rights to the user
True
False
In Fact the default user name is
Admin
User
Manager
Owner