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4

To create an item we can maintain measurement unit of

A. Sales and Purchase

B. sale, Purchase and Stock

C. Sales and Stock

D. None of the above

Correct Answer :

B. sale, Purchase and Stock


Related Questions

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4

It is possible to specify invoice-wise details of the opening balence of debtors in Fact

A. True

B. False

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4

CHECK Cost centre is used for maintaining branch accounting

A. True

B. False

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4

In Fact the user can specify the hard disk wher the company data will be stored .

A. True

B. False

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4

Fact Support 4 Inventory valuation method

A. True

B. False

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4

The default Filter in Fact is

A. /*

B. ******

C. 000000

D. 123

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4

The special account created to need cash withdrawal entris from bank is known as

A. Bank Contra Account

B. Contra Account

C. Cash Contra Account

D. Withdrawal Contra Account

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4

FACT stores data files under FACT directory

A. True

B. False

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4

An account with an opening balence can be deleted in Fact

A. True

B. False

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4

In Fact we have to specify the group of the ledger at the time of its creation

A. True

B. False

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4

When FACT is installed, the group created is

A. Manager

B. Default

C. Other

D. None of the above

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4

The User can define layout of cash flow in

A. Tally

B. Fact

C. Ex-NGN

D. Accord

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4

Audit Trail facility is available in FACT

A. True

B. False

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4

FACT supports ____ number of users

A. 100

B. 254

C. 256

D. None of the above

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4

It is not possibe to create online ledger in Fact

A. True

B. False

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4

In Fact the default user name is

A. Admin

B. User

C. Manager

D. Owner

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4

We can maintain multiple currency in FACT

A. True

B. False

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4

Customised voucher numbering can be done through _______.

A. Document Class

B. Year Ending

C. Lock

D. Document Numbering

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4

The 'Bill Terms' option in Fact is used to record

A. Details of Purchase Bill

B. Term of Sels Contract

C. Credit Period of Debtors

D. Discount Allowed

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4

In Fact the additional information in transaction can be added through

A. Document Class

B. User Define Fields

C. Templet

D. Filter

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4

It is optional to enter cost centre in inventory issue

A. True

B. False

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4

The GL Account which must be created in Fact are known as

A. Control Account

B. GL Account

C. System Control Account

D. None of the above

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4

In Fact while creating a company we can specify an accounting model at

A. Company Templet

B. Install Sample Data

C. Install Sample Company

D. None of the above

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4

We can assign rights to the user

A. True

B. False

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4

In Fact the Install date can be a date earlier than starting date

A. True

B. False

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4

We can change document numbering from

A. Accounts -----> Preference

B. System ------> Preference

C. Accounts ------> System ------> Preference

D. None of the above

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4

AR/AP stands for

A. Alternative Receipt/Payment

B. Automatic Receipt/Payment

C. Accounts Receivable/Payable

D. None of the above

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4

New rights can be applied to

A. User

B. Group

C. Both of the above

D. None of the above

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4

To create an item we can maintain measurement unit of

A. Sales and Purchase

B. sale, Purchase and Stock

C. Sales and Stock

D. None of the above

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4

The Net Profit transferred to Balence Sheet in Fact using

A. Defined Total

B. Net Total

C. Opening P/L Balence

D. None of the above

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4

In Document Class the sum of the numbers in the three sagement may be less than 6

A. True

B. False