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It is optional to enter cost centre in inventory issue

A. True

B. False

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  1. The 'Bill Terms' option in Fact is used to record
  2. In Fact the Install date can be a date earlier than starting date
  3. Fact Support 4 Inventory valuation method
  4. Template provides a pre-defined voucher
  5. In Fact the accounting period can be specified for a maximum period of
  6. In Fact the additional information in transaction can be added through
  7. An account with an opening balence can be deleted in Fact
  8. New rights can be applied to
  9. Audit Trail facility is available in FACT
  10. FACT stores data files under FACT directory
  11. In Document Class the sum of the numbers in the three sagement may be less than 6
  12. FACT does not support transfer of stock
  13. If the Initial name of a company is "PQR", the company data will be stored in
  14. The Net Profit transferred to Balence Sheet in Fact using
  15. We can maintain monthly budget through the option Budget under Master
  16. To pass a credit note we select
  17. When Fact is installed for the first time we have to enter a blank company to creat a new company
  18. We can insert a new page while designing P/L Layout by using
  19. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  20. In Fact the default user name is
  21. It is not possibe to create online ledger in Fact
  22. It is possible to maintain Memo type voucher
  23. The GL Account which must be created in Fact are known as
  24. The Adit Trail features in Fact, stores
  25. In Fact we have to specify the group of the ledger at the time of its creation
  26. In Fact the user can specify the hard disk wher the company data will be stored .
  27. We can assign rights to the user
  28. In Fact while creating a company we can specify an accounting model at
  29. We can Copy Master from one company to another company with ____________________ option.
  30. We can assign opening balence to nominal account in Fact