Question :

Which option lists inventory valuation method in tally


A) Stock report
B) Stock journal
C) Stock analysis
D) Stock summary

Answer : D

Description :


Stock Summary is a statement of the real-time stock-in-hand on a particular day. It is one of the primary inventory statements that gets updated in real-time as transactions recorded. In Tally it allows to compare data for different companies, stock groups, periods, valuation methods, and so on, by adding columns in the reports.


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


BOM represents


A) Billing of Machines
B) Bill of Materials
C) Bill of Maintenance
D) None of these

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Related Questions - 3


In general the financial year from shall be from


A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these

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Related Questions - 4


How many types of users are present in tally


A) 1
B) 2
C) 3
D) 4

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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