Question :

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


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

Answer : A

Description :


Inventory subsidiary is usually used as a master file.


Related Questions - 1


Retained Earnings is an alias of


A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments

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Related Questions - 2


‘Tally vault’ is a ________


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

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A company can be deleted only in


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

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We can change the Company Information from


A) A Company Info > Back up
B) Company Info > Alter
C) Company Info > Split Company Data
D) None of these

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Rs. 20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded


A) Payment
B) Receipt
C) Contra
D) Post-Dated

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