Question :

To hide the name of the Company you need to define


A) Security Control
B) Tally Audit
C) Create at least one User
D) Tally Vault Password

Answer : D

Description :


Tally Vault is like a lock which is not going to show company into the list of companies, due to which your company details will not be accessible by anyone and secrecy and privacy can be maintained with the help of that feature. When company will be selected from ‘select company’ menu, symbol like this ************ will be shown. Thus, not showing any of the details of the company to others.

 

So Tally Vault is a kind of security feature built in Tally. An advanced level security feature in Tally ERP to keep up confidentiality of information by encrypting the data. Tally Vault uses a password with an advanced algorithm to validate a new user without any prior understanding of the password and the form of data is not located on the device.


Related Questions - 1


Which of the following is not a transaction


A) Goods are purchased on cash basis for Rs 1000
B) Salaries paid for the month of May 20XX
C) Land is purchased for Rs 10 lakhs
D) An employee is dismissed from the job

View Answer

Related Questions - 2


Single Entry mode is applicable for


A) Receipt Voucher
B) Contra Voucher
C) Payment Voucher
D) All of these

View Answer

Related Questions - 3


Which option is true for viewing Profit & Loss A/C in Gateway of Tally


A) Gateway of Tally > Reports > Profit ; Loss A/C
B) Gateway of Tally > Display > Profit ; Loss A/C
C) Gateway of Tally > Account Books > Profit ; Loss A/C
D) None of these

View Answer

Related Questions - 4


A trial balance is a ________


A) Ledger
B) Journal
C) Account
D) List

View Answer

Related Questions - 5


Where do we record interest received, commission received or rent received in Tally


A) Contra
B) Payment
C) Receipt
D) Journal

View Answer