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


Predefined groups are also called as


A) Main group
B) Primary group
C) Statutory group
D) Parent group

View Answer

Related Questions - 2


Which of the following file is usually used as a master file


A) Inventory subsidiary
B) Cash disbursements
C) Cash receipts
D) Payroll transactions

View Answer

Related Questions - 3


Salary comes under ________ Head


A) Direct expense
B) Current liability
C) Indirect expense
D) Current asset

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Related Questions - 4


Which option is used in Tally to close opened Company


A) Alter
B) Shut Company
C) Create Company
D) Select Company

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Related Questions - 5


How to activate the tally audit feature in a company


A) Press F11 key
B) During the creation of a company
C) In comp info > security control-option
D) Press F12 key

View Answer