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Day 2 New Quiz

Total questions: 21

Worksheet time: 43mins

Name
Class
Date
1.
Let say I have 40 pcs of battery and I have raised a Sale Order of 10 pcs. Will their be any impact in the stock this particular item?
a)
Yes 30 stock quantity will be available
b)
No their will be no Impact on stock quantity
c)
Yes,30 pcs of battery will go under reserved quantity
d)
Yes 10 pcs of batter will go under reserved quantity
2.
I have raised multiple sale orders for particular party. Can I convert them into a single sale invoice ?
a)
True
b)
False
3.
I have raised a purchase invoice and I want to add puchase order number on invoice can I do that in Vyapar application ?
a)
Yes raise purchase invoice add same PO number on purchasr bill invoice number
b)
Yes raise PO and convert them on purchase invoice
c)
Yes raise purchase invoice enable option of Customer PO detail on Transaction invoice
d)
No we cannot give
4.
Aman sold 10 HP laptops to simran and later on simran returned 3 of them as it were defective. So which transaction should Aman create?
a)
Credit note
b)
Debit Note
5.
Manish had Purchased 12 mobiles from shubham and later on Manish returns 4 Mobile as saying it is defective, So which invoice will be raised for return by Manish
a)
Credit note
b)
Debit Note
6.
Can I add a suffix for sale invoice ?
a)
True
b)
False
7.
Is Payment Out Entry generated or replicated?
a)
Generate
b)
Replicate
8.
I am creating delivery challan and I don’t want to give rate and amount on the challan, so how to handle this in vyapar app?
a)
Go to setting - transaction setting disable delivery amount
b)
Go to setting - Item setting disable delivery amount
c)
Go to setting - Print setting disable delivery amount
d)
Go to setting - General setting disable delivery amount
9.
When I am raising a sale invoice ,I selected Rahul as a party but want the billing name to be Mahesh.How to do this?
a)
Yes go to setting - print setting enable option billing detail
b)
Yes go to setting - Party setting enable option billing name parties
c)
Yes go to setting - general setting enable option billing name parties
d)
Yes go to setting - Transaction setting enable option billing name parties
10.
MRP Price is inclusive Tax or exclusive Tax ______
a)
Inclusive
b)
Exclusive
11.
Once I have deleted the transaction from vyapar application how long that deleted transaction will be available in Vyapar app?
a)
1 Day
b)
30 Day
c)
1 Month
d)
It will remain always
12.
Can I give prefixes for Payment out ?
a)
True
b)
False
13.
A __________ specifies the details about products ordered by a specific customer along with the price, quantity and terms and conditions. Businesses use it as a confirmation document that is sent to the customers before delivery of goods or service.
a)
Sale Order
b)
Purchase Order
c)
Estimate order
d)
None of the above
14.
Shine Traders has set a level of 25 nos for all of its stock items below which if the stock goes, an order must be placed with the supplier for the items. ________ is the level of stock that has to be maintained in the business at any given point of time.
a)
Minimum Stock To Maintain
b)
Minimum Order Level
c)
Shortfall
d)
Reorder Level
15.
____________ will help Company to keep track of all bills which are outstanding for payment or receipt.
a)
Discount During Payments
b)
Due Dates and Payment Terms
c)
Bill wise detail
d)
Link payment to Invoice
16.
I have 70 Box in each Box I have 40 pieces and I have sold 20 box and 20 pieces .How many boxes am I left with?
a)
49.5
b)
48.5
c)
50.5
d)
47.5
17.
How to do contra entry in vyapar application. Which of this is an example of contra entry ?
a)
Cash to Bank
b)
Bank to Bank
c)
bank to cash
d)
All of the above
18.
A GST registered person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without __________.
a)
e-Way bill
b)
Tax invoice
c)
Bill of supply
d)
Invoice and Bill of supply
19.
____________ will help Company to keep track of all bills which are outstanding for payment or receipt.
a)
Discount During Payments
b)
Due Dates and Payment Terms
c)
Bill wise detail
d)
Link payment to Invoice
20.
GSP stand for ??
a)
Goods services provider
b)
Goods selling person
c)
GST service provider
d)
GST suvidha provider
21.
What is GSP server name for Vyapar application
a)
Master India Pvt Ltd
b)
India Mart
c)
Vyapar Application
d)
Simply Vyapar