Question :

In general the financial year from shall be from


A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these

Answer : A

Description :


The Balance Sheet and Income statement of companies across the Globe are usually prepared for a period of 1 year. However, the date from which this period starts varies from country to country.

 

In India, this 1 year period starts from 1st April and ends on 31st March.


Related Questions - 1


Which option is used to place data taken in pen drive or CD to Appropriate place in Tally


A) Backup
B) Restore
C) Split Company Data
D) None of these

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Related Questions - 2


How many options related to Company Features are there in “F11: Features” in Tally


A) 3
B) 2
C) 4
D) 5

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How many types of Measurement Units we can create in Tally


A) 2
B) 3
C) 5
D) Unlimited

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What is the predefined number of groups in tally


A) 16
B) 28
C) 128
D) 228

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To create Scenario which option requires to be activated


A) Use Rev Journal ; Optional voucher in F12
B) Use Optional voucher in F11
C) Use Reversing voucher in F11
D) Use Rev journal ; Optional voucher in F11

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