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FACT supports multiple godown facility

A. True

B. False

Correct Answer : B.


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  1. If the Initial name of a company is "PQR", the company data will be stored in
  2. In Fact the Install date can be a date earlier than starting date
  3. In Fact the user can specify the hard disk wher the company data will be stored .
  4. In Document Class the sum of the numbers in the three sagement may be less than 6
  5. We can insert a new page while designing P/L Layout by using
  6. An account with an opening balence can be deleted in Fact
  7. We can maintain monthly budget through the option Budget under Master
  8. In Fact while creating a company we can specify an accounting model at
  9. In Fact the default user name is
  10. We can assign password to the user 'Manager' from
  11. FACT does not support transfer of stock
  12. FACT supports ____ number of users
  13. To pass a credit note we select
  14. The 'Bill Terms' option in Fact is used to record
  15. CHECK Cost centre is used for maintaining branch accounting
  16. In Sales transaction, we can maintain
  17. In Fact the additional information in transaction can be added through
  18. The default user that is created immdiately after creation of company in Fact is 'Admin'
  19. We can assign rights to the user
  20. In Fact the accounting period can be specified for a maximum period of
  21. Fact has been developed by
  22. Fact Support 4 Inventory valuation method
  23. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  24. The default Filter in Fact is
  25. The Adit Trail features in Fact, stores
  26. New rights can be applied to
  27. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  28. It is not possibe to create online ledger in Fact
  29. We can maintain multiple currency in FACT
  30. Customised voucher numbering can be done through _______.