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Fact MCQ Question with Answer

Fact MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 29
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

Question No : 30
In Fact the accounting period can be specified for a maximum period of

1 year
15 Months
2 Years
None of the above

Question No : 31
In Fact the Install date can be a date earlier than starting date

True
False

Question No : 32
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

Question No : 33
The default user that is created immdiately after creation of company in Fact is 'Admin'

True
False

Question No : 34
In Fact we have to specify the group of the ledger at the time of its creation

True
False

Question No : 35
An account with an opening balence can be deleted in Fact

True
False

Wanna test your skill? Here are some exams we prepared for you. So if you need to test your skill just attempt any exam from bellow.

Exam Name No. Of Q Link
Accounting set 1 30 Start
Accounting set 2 30 Start
Accounting set 3 30 Start
Accounting set 4 30 Start
Accounting set 5 30 Start
Accounting set 6 30 Start
Accounting set 7 30 Start
Accounting set 8 30 Start
Accounting set 9 30 Start
Accounting set 10 30 Start
Accounting set 11 30 Start
Accounting set 12 30 Start