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Day 2 Quiz-Inhouse

Authored by Kanika Kaur

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Professional Development

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Day 2 Quiz-Inhouse
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20 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the full form of SAC CODE in service?

Service Application Code
Service Access Code
Software Accounting Code
Services accounting code

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is full form of HSN code?

Home Shopping Network
Home State Number
Harmonized Sytem of Nomenclature
Harmonised System Number

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

In vyapar our stock management work on which valuation method

FIFO
LIFO
Average Costing
standard costing method

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Why am I not getting "Bulk Payment reminder" option on vyapar

atleast 5 party should be created with receivable balance

Atleast 4 party should be created with receivable balance

alteast 8 party should be created with receivable balance

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Can I set Wholesale price without the Quantity

True
False

6.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Shine Traders want to set a minimum level of qty as "25" for all of its items, so that if the item qty is going below the levels then he will get the warning and he will able to place order to his supplier for insufficient qty of items. ________option will be used to set the minimum level qty of stock that has to be maintained in the business at any given point of time.

Minimum Stock To Maintain
Minimum Order Level
Shortfall
Reorder Level

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How does stock value calculate if I am regular GST?

QTY*Purchase price with tax
QTY*Purchase price without tax

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