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


We can create multiple users in Tally activating


A) Tally Audit
B) Use Security Control
C) Both (a) and (b)
D) None of these

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Related Questions - 2


How many options related to Company Features are there in “F11: Features” in Tally


A) 3
B) 2
C) 4
D) 5

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Related Questions - 3


Which option is used to view Stock Items or Group Summary


A) Accounts Books
B) Inventory Books
C) Statutory Books
D) Display

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Related Questions - 4


Which submenu is used for voucher entry in Tally


A) Vouchers
B) Accounting Vouchers
C) Accounts Info
D) None of these

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Related Questions - 5


Professionals usually maintain accounts as


A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting

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