BOM represents
A) Billing of Machines
B) Bill of Materials
C) Bill of Maintenance
D) None of these
Answer : B
Description :
A bill of materials (BOM) is a comprehensive inventory of the raw materials, assemblies, subassemblies, parts and components, as well as the quantities of each, needed to manufacture a product. This facilitates immediate reduction in stock of the item automatically. This process of listing the items that make up another item is made possible in Tally by enabling the Bill of Materials Facility.
Bill of Material (BoM) is created only for those items that are being assembled in-house. Therefore, you need to specify a BoM at the time of creating a Stock Item or while altering the stock item. For trading items, you do not need a BoM.
Related Questions - 1
Professionals usually maintain accounts as
A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting
Related Questions - 2
By which option Purchase or Sales register can be viewed
A) Statutory Books
B) Inventory Books
C) Accounts Books
D) Display
Related Questions - 3
Collection of ledgers of same nature is called
A) Vouchers
B) Asset
C) Group
D) None of these
Related Questions - 4
How many options related to Company Features are there in “F11: Features” in Tally
A) 3
B) 2
C) 4
D) 5
Related Questions - 5
To create Manufacturing Journal which option must be activated
A) Use Common Narration
B) Narrations for each entry
C) Prefilled with Zero
D) Use as manufacturing Journal