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The default user that is created immdiately after creation of company in Fact is 'Admin'

A. True

B. False

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  1. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  2. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  3. FACT supports ____ number of users
  4. We can maintain multiple currency in FACT
  5. The User can define layout of cash flow in
  6. In Fact the default user name is
  7. We can assign rights to the user
  8. When Fact is installed for the first time we have to enter a blank company to creat a new company
  9. FACT stores data files under FACT directory
  10. The default user that is created immdiately after creation of company in Fact is 'Admin'
  11. It is optional to enter cost centre in inventory issue
  12. FACT does not support transfer of stock
  13. Fact Support 4 Inventory valuation method
  14. The Adit Trail features in Fact, stores
  15. The GL Account which must be created in Fact are known as
  16. To create a group while creating P/L Layout we have to press
  17. We can Copy Master from one company to another company with ____________________ option.
  18. It is possible to maintain Memo type voucher
  19. To create an item we can maintain measurement unit of
  20. In Fact while creating a company we can specify an accounting model at
  21. To pass a credit note we select
  22. CHECK Cost centre is used for maintaining branch accounting
  23. We can maintain monthly budget through the option Budget under Master
  24. If the Initial name of a company is "PQR", the company data will be stored in
  25. It is not possibe to create online ledger in Fact
  26. In Document Class the sum of the numbers in the three sagement may be less than 6
  27. The 'Bill Terms' option in Fact is used to record
  28. FACT supports multiple godown facility
  29. In Fact the user can specify the hard disk wher the company data will be stored .
  30. Template provides a pre-defined voucher