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FACT supports multiple godown facility

A. True

B. False

Correct Answer : B.


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  1. We can maintain multiple currency in FACT
  2. The Net Profit transferred to Balence Sheet in Fact using
  3. In Sales transaction, we can maintain
  4. In Fact the additional information in transaction can be added through
  5. It is possible to maintain Memo type voucher
  6. FACT supports multiple godown facility
  7. We can insert a new page while designing P/L Layout by using
  8. Fact Support 4 Inventory valuation method
  9. It is optional to enter cost centre in inventory issue
  10. FACT supports ____ number of users
  11. FACT does not support transfer of stock
  12. To create an item we can maintain measurement unit of
  13. We can assign opening balence to nominal account in Fact
  14. The User can define layout of cash flow in
  15. Fact has been developed by
  16. When FACT is installed, the group created is
  17. We can Copy Master from one company to another company with ____________________ option.
  18. FACT stores data files under FACT directory
  19. To pass a credit note we select
  20. New rights can be applied to
  21. In Fact the accounting period can be specified for a maximum period of
  22. We can assign rights to the user
  23. In Fact the Install date can be a date earlier than starting date
  24. When Fact is installed for the first time we have to enter a blank company to creat a new company
  25. In Fact while creating a company we can specify an accounting model at
  26. The default user that is created immdiately after creation of company in Fact is 'Admin'
  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. In Fact the default user name is
  30. We can assign password to the user 'Manager' from