Question :
A) Conventional Voucher
B) Unconventional Voucher
C) Both A and B
D) None of these
Answer : B
Optional Voucher is one type of
A) Conventional Voucher
B) Unconventional Voucher
C) Both A and B
D) None of these
Answer : B
Description :
The Non Accounting/Unconventional Vouchers are the special vouchers that are used to record provisional or non-accounting transactions. Unconventional vouchers are mainly used to exclude unnecessary entries or provisional entries from the books of accounts and make them available for what if (future reports, projections, forecasts etc.) reports required at any given time.
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
Related Questions - 2
‘Inventory books’ is used to view
A) Stock Items
B) Group Summary
C) Both A and B above
D) None of these
Related Questions - 3
Where do we record transactions of salary, rent or interest paid
A) Contra
B) Journal
C) Receipt
D) Payment
Related Questions - 4
We can create multiple users in Tally activating
A) Tally Audit
B) Use Security Control
C) Both (a) and (b)
D) None of these
Related Questions - 5
Recording of actual stock as physically verified or counted is done through
A) Journal
B) Stock Journal
C) Physical Stock
D) Sales