Which of the following is not compulsory to create while entry in Accounts with Inventory
A) Stock Groups
B) Stock Items
C) Stock Categories
D) Units of Measure
Answer : C
Description :
Stock Categories offers an alternative classification of Stock Items. Like stock Groups, classification is done based on similarity in behaviour. The advantage of Categorizing items is that you can classify the stock items (based on functionality) together – across different stock groups which enables you to obtain reports on alternatives or substitutes for a stock item. It is not Mandatory. For enabling Stock Category option in the Inventory Info menu, press F11 > Inventory Features > Set Yes for Maintain stock categories .
Related Questions - 1
Which option is selected from Company Info Menu to divide company data into two financial years
A) Change Tally Vault
B) Alter
C) Split Company Data
D) New Company
Related Questions - 2
Salary comes under ________ Head
A) Direct expense
B) Current liability
C) Indirect expense
D) Current asset
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Predefined groups are also called as
A) Main group
B) Primary group
C) Statutory group
D) Parent group
Related Questions - 4
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
Related Questions - 5
Which of the following is the example of external users of accounting information
A) Government
B) Owners
C) Management
D) Employee