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


Which of the following is the example of external users of accounting information


A) Government
B) Owners
C) Management
D) Employee

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Related Questions - 2


To create Scenario which option requires to be activated


A) Use Rev Journal ; Optional voucher in F12
B) Use Optional voucher in F11
C) Use Reversing voucher in F11
D) Use Rev journal ; Optional voucher in F11

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Related Questions - 3


Which file in tally is used to record the import activity


A) Tally.dat
B) Tally.ini
C) Tally.imp
D) None of the above

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Related Questions - 4


Goods returning to a Creditor after challan but before bill we need to pass


A) Debit Note
B) Receipt Note
C) Rejection Out
D) Rejection In

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Related Questions - 5


Company features in tally includes


A) Accounting features
B) Inventory features
C) Statutory features
D) All of the above

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