Question :

A Group Company is ________ given to the merged accounts of member companies of the group


A) a name
B) an identity
C) A and B
D) None of the above

Answer : C

Description :


A Group Company is a name and an identity given to the merged accounts of member companies of the group.


Related Questions - 1


The home screen of tally is also known as


A) Menu bar
B) Gateway of tally
C) Accounts info
D) Button tool bar

View Answer

Related Questions - 2


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

View Answer

Related Questions - 3


A company can be deleted only in


A) Display
B) Alter
C) Delete
D) Create

View Answer

Related Questions - 4


A ______ is sent to a customer when he returns the goods


A) Debit note
B) Credit note
C) Proforma invoice
D) Bill

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Related Questions - 5


Which of the following can be budgeted in tally


A) Nett Transactions
B) Closing Balance
C) Both A and B
D) None of the above

View Answer