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


‘Tally vault’ is a ________


A) Security mechanism
B) Ledger a/c
C) Cost category
D) None of the above

View Answer

Related Questions - 2


Which option is used to open company created in Tally


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

View Answer

Related Questions - 3


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


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

View Answer

Related Questions - 4


Single Entry mode is applicable for


A) Receipt Voucher
B) Contra Voucher
C) Payment Voucher
D) All of these

View Answer

Related Questions - 5


Salary comes under ________ Head


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

View Answer