FACT supports multiple godown facility
True
False
Correct Answer :
B. False
Related Questions
When Fact is installed for the first time we have to enter a blank company to creat a new company
True
False
Fact has been developed by
Vedika Solutions Pvt. Ltd.
Vedika Software Pvt. Ltd.
Vedika Soff'ware Pvt. Ltd.
Vedika
It is optional to enter cost centre in inventory issue
True
False
FACT supports ____ number of users
100
254
256
None of the above
In Fact the Install date can be a date earlier than starting date
True
False
In Sales transaction, we can maintain
Order, Challan and Bil
Order, Challan, Service Bill and Bill
Order, Challan, Bill, Service Bill and Return
None of the above
Fact Support 4 Inventory valuation method
True
False
It is not possibe to create online ledger in Fact
True
False
While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence depanding on the type of the account
True
False
To pass a credit note we select
Sale Bill
Sales challan
Journal
None of the above
The Net Profit transferred to Balence Sheet in Fact using
Defined Total
Net Total
Opening P/L Balence
None of the above
CHECK Cost centre is used for maintaining branch accounting
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
To create an item we can maintain measurement unit of
Sales and Purchase
sale, Purchase and Stock
Sales and Stock
None of the above
We can assign rights to the user
True
False
New rights can be applied to
User
Group
Both of the above
None of the above
Customised voucher numbering can be done through _______.
Document Class
Year Ending
Lock
Document Numbering
We can change document numbering from
Accounts -----> Preference
System ------> Preference
Accounts ------> System ------> Preference
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
In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
True
False
FACT supports multiple godown facility
True
False
In Fact the accounting period can be specified for a maximum period of
1 year
15 Months
2 Years
None of the above
We can insert a new page while designing P/L Layout by using
Next Page
New Page
New Title
Page Title
We can maintain monthly budget through the option Budget under Master
True
False
When FACT is installed, the group created is
Manager
Default
Other
None of the above
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
FACT stores data files under FACT directory
True
False
We can assign password to the user 'Manager' from
Account--> Prefarence--> Password.
Account--> Prefarence--> Change Password.
Account--> System Control--> Password.
None of the above
In Fact we have to specify the group of the ledger at the time of its creation
True
False