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

A. True

B. False

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  1. The special account created to need cash withdrawal entris from bank is known as
  2. The 'Bill Terms' option in Fact is used to record
  3. The default Filter in Fact is
  4. In Sales transaction, we can maintain
  5. The GL Account which must be created in Fact are known as
  6. It is possible to maintain Memo type voucher
  7. We can change document numbering from
  8. In Fact the accounting period can be specified for a maximum period of
  9. We can insert a new page while designing P/L Layout by using
  10. When FACT is installed, the group created is
  11. Audit Trail facility is available in FACT
  12. New rights can be applied to
  13. CHECK Cost centre is used for maintaining branch accounting
  14. The Net Profit transferred to Balence Sheet in Fact using
  15. In Fact the additional information in transaction can be added through
  16. We can Copy Master from one company to another company with ____________________ option.
  17. We can assign opening balence to nominal account in Fact
  18. FACT does not support transfer of stock
  19. In Fact the default user name is
  20. To create an item we can maintain measurement unit of
  21. To pass a credit note we select
  22. To create a group while creating P/L Layout we have to press
  23. We can maintain monthly budget through the option Budget under Master
  24. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  25. FACT supports ____ number of users
  26. In Fact while creating a company we can specify an accounting model at
  27. In Fact the user can specify the hard disk wher the company data will be stored .
  28. It is optional to enter cost centre in inventory issue
  29. Customised voucher numbering can be done through _______.
  30. The User can define layout of cash flow in