FACT stores data files under FACT directory

A. True

B. False

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  1. It is optional to enter cost centre in inventory issue
  2. In Fact the additional information in transaction can be added through
  3. We can assign rights to the user
  4. AR/AP stands for
  5. The default user that is created immdiately after creation of company in Fact is 'Admin'
  6. In Fact the Install date can be a date earlier than starting date
  7. In Fact the accounting period can be specified for a maximum period of
  8. In Document Class the sum of the numbers in the three sagement may be less than 6
  9. The User can define layout of cash flow in
  10. Fact Support 4 Inventory valuation method
  11. In Fact the user can specify the hard disk wher the company data will be stored .
  12. The Net Profit transferred to Balence Sheet in Fact using
  13. We can assign opening balence to nominal account in Fact
  14. We can Copy Master from one company to another company with ____________________ option.
  15. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  16. We can change document numbering from
  17. FACT stores data files under FACT directory
  18. An account with an opening balence can be deleted in Fact
  19. New rights can be applied to
  20. When Fact is installed for the first time we have to enter a blank company to creat a new company
  21. In Sales transaction, we can maintain
  22. FACT does not support transfer of stock
  23. Audit Trail facility is available in FACT
  24. Fact has been developed by
  25. We can maintain multiple currency in FACT
  26. The special account created to need cash withdrawal entris from bank is known as
  27. FACT supports ____ number of users
  28. The GL Account which must be created in Fact are known as
  29. To create a group while creating P/L Layout we have to press
  30. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…