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FACT supports multiple godown facility

A. True

B. False

Correct Answer : B.


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  1. To create an item we can maintain measurement unit of
  2. In Fact the Install date can be a date earlier than starting date
  3. When Fact is installed for the first time we have to enter a blank company to creat a new company
  4. In Fact we have to specify the group of the ledger at the time of its creation
  5. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  6. It is not possibe to create online ledger in Fact
  7. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  8. New rights can be applied to
  9. It is optional to enter cost centre in inventory issue
  10. The 'Bill Terms' option in Fact is used to record
  11. To pass a credit note we select
  12. CHECK Cost centre is used for maintaining branch accounting
  13. In Fact the default user name is
  14. The GL Account which must be created in Fact are known as
  15. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  16. In Fact the additional information in transaction can be added through
  17. FACT does not support transfer of stock
  18. When FACT is installed, the group created is
  19. Audit Trail facility is available in FACT
  20. The default user that is created immdiately after creation of company in Fact is 'Admin'
  21. FACT supports multiple godown facility
  22. The default Filter in Fact is
  23. Template provides a pre-defined voucher
  24. We can assign rights to the user
  25. We can assign opening balence to nominal account in Fact
  26. FACT stores data files under FACT directory
  27. We can maintain monthly budget through the option Budget under Master
  28. In Fact the accounting period can be specified for a maximum period of
  29. The Adit Trail features in Fact, stores
  30. We can maintain multiple currency in FACT