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.


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Budget represents ________


A) Estimation
B) Forecasting
C) Assumption
D) All of these

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Related Questions - 2


We can modify an existing Company from


A) Company Info > Alter
B) Company Info > Alter Company
C) Gateway of Tally > Modify Company
D) None of these

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Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally


A) F3
B) F4
C) F2
D) F1

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Vouchers can be displayed in


A) Accounts info
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C) Inventory info
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A trial balance is a ________


A) Ledger
B) Journal
C) Account
D) List

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