‘Tally vault’ is a ________
A) Security mechanism
B) Ledger a/c
C) Cost category
D) None of the above
Answer : A
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
Predefined groups are also called as
A) Main group
B) Primary group
C) Statutory group
D) Parent group
Related Questions - 2
We can see Working Capital figure changing
A) Voucher configuration
B) Profit & Loss configuration
C) Balance Sheet configuration
D) Ledger configuration
Related Questions - 3
Which option is used to open company created in Tally
A) Create Company
B) Alter
C) Select Company
D) Shut Company
Related Questions - 4
Which of the following is compulsory to create while entry in Accounts with Inventory
A) Stock Groups
B) Stock Items
C) Units of Measure
D) All of these
Related Questions - 5
Where do we record interest received, commission received or rent received in Tally
A) Contra
B) Payment
C) Receipt
D) Journal