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


Which submenu is used to create new ledgers, groups and voucher types in Tally


A) Account Info
B) Inventory Info
C) Accounting Vouchers
D) Inventory Vouchers

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Related Questions - 2


‘Allow components list details (Bill of Materials)’ option is activated for


A) Ledgers
B) Cost Category
C) Stock Items
D) Budgets

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Related Questions - 3


Professionals usually maintain accounts as


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

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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

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Related Questions - 5


Which option is used to make changes in created Groups of Ledgers in Tally


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

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