Yellow Refresher-1

Cost Centre allocation implemented by Company affect their Financial Statements

• false

• true

Exellent Enterprises has placed 2 orders (PO-12 and PO-15) to their supplier. They have received both order in one truck. How best can they record this in TallyPrime?

• Record 2 separate Reciept Note
• Record 1 Reciept Note
• Not Possible
• Alter and make it 1 PO

Realized Forex gain or loss arises, when _______

• Foreign currency trsaction is not completed and there is a fluctuation in forex rates
• Foreign currency trsaction is not completed and there is no fluctuation in forex rates
• Foreign currency trsaction is completed and there is a fluctuation in forex rates
• Foreign currency trsaction is completed and there is no fluctuation in forex rates

The BOM of Sunlit Choco Biscuits was almost same as Sunlit Marie Biscuits. For faster BOM creation _________ can be used?

• Copy BOM (Ctrl+C)
• Copy BOM (Ctrl+Alt+C)
• Select Componets again in BOM
• Create new manufacturing Journal

Excellent Enterprises regularly transfer goods from one godown to another, what is the best way for recording transfer of stock in tallyPrime?

• Record a Stock Journal
• Create a stock transfer Voucher class
• Change Mode- Use for inter godown transfer
• Record a material Out voucher

Excellent Enterprises issues Form 16A to Mr. Shetty. Mr. Shetty is the _______

• Deductor
• Deductee
• GSTP
• CA

When Excellent Enterprises pays TDS to the Govt. which challan need to be filled?

• Form 16A
• Form 26Q
• Form 27Q
• ITNS 281

Using POS voucher, Excellent Enterprises can record ______payment methods in one single voucher.

• 2
• 3
• 4
• 5

User has the flexibility to generate an interest liability of the customer. For generating the interest liability which voucher type should be recorded?

• Debit Note
• Credit Note
• Journal
• Payment

When Excellent Enterprises deducts TDS on rent before paying payment to Mr. Shetty, who should deposit the TDS to the Govt.?

• Mr. Shetty
• Exellent Enterprises
• GSTP
• CA