Question :

Professionals usually maintain accounts as


A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting

Answer : B

Description :


Accounts Only: To maintain only the financial accounts of the company. Inventory (stock) management is not involved in it.


Account with Inventory: This is the default option, which allows maintaining both the financial account of the company as well as the inventory of the company.

 

Professionals usually does not have inventory so they maintain accounts as Accounts Only in Tally.


Related Questions - 1


eTCS means


A) Enable Tax Collected at Source
B) Electronic Tax Collected at Source
C) Electric Tax Collected at Source
D) None of these

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Related Questions - 2


A company can be deleted only in


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

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Related Questions - 3


Which shortcut key is used in Company Features screen to use Accounting Features in Tally


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

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Related Questions - 4


Which menu appears after starting Tally for the first time


A) Gateway of Tally
B) Company Info
C) Display
D) None of these

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Related Questions - 5


How many types of users are present in tally


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

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