Tag: accounting software - tally

Questions Related to accounting software - tally

Which of the following statement is correct for queries object?
a. This object class allows a database designer to create the data tables with their respective field names.
b. This object class is meant to create the SQL compatible query statement with the help of Geometrical User Interface (GUI).

  1. Only a

  2. Only b

  3. Both a and b

  4. None of the above


Correct Option: D
Explanation:

Queries object class is meant to create the SQL compatible query statement with or without the help of Graphic User Interface (GUI) to define tables, store data and retrieves both data and information.

The need for which is anticipated, the information content of which may not be useful but casually required are known as casual reports.

  1. True

  2. False


Correct Option: B
Explanation:

The need for which is not anticipated, the information content of which may be useful but casually required are known as casual reports.These are adhoc reports and are generated casually by executing some simple queries without requiring much of professional assistance.

_________ reports are generated only on the triggering of some event.

  1. Scheduled

  2. Causal

  3. On demand

  4. Programmed


Correct Option: C
Explanation:

The reports, which are generated only on the triggering of some event are called On demand reports. Some examples of on demand reports are customer's statement of account, inventory re-order report, Stock in hand report for a selected group of items, etc.

The process of generating  accounting reports in access involves which of the following steps?

  1. Designing the report, Identifying accounting information queries, Using the record set of final MDB

  2. Designing the report, Identifying accounting information queries, Using the record set of final SQL

  3. Designing the report, Identifying data analysis, Using the record set of final SQL

  4. None of the above


Correct Option: B
Explanation:

The process of generating accounting reports in access involves three steps: Designing the report, Identifying the accounting information queries, and finally creating an accounting report by using such queries.

Every report is collection of related information for a particular need and purpose and must meet the twin objectives of reporting.

  1. True

  2. False


Correct Option: A
Explanation:

A report is prepared with a definite objective. Every report is collection of related information for a particular need and purpose and must meet the twin objectives of reporting: one to reduce the level of uncertainty that is faced by a decision-maker; second to influence the behavior (or positive actions) of the decision-maker.

The record set of final SQL that relies upon preceding SQL statement, is collection of report-oriented information. 

  1. True

  2. False


Correct Option: A
Explanation:

The record set of final SQL that relies upon preceding SQL statement, is collection of report-oriented information. This record set need be embedded in the report being produced.

_________ are meant to create the SQL compatible query statement with or without the help of Graphic User Interface to define tables, store data and retrieve both data and information.

  1. Tables

  2. Queries

  3. Pages

  4. Reports


Correct Option: B

The object class meant to create data access pages, which can be posted on a website of an organisation using internet or sent via e-mail is called _________.

  1. forms

  2. tables

  3. reports

  4. pages


Correct Option: D

A positive net amount implies a _________ and _________ amount implies a credit.

  1. debit, positive

  2. debit, credit

  3. debit, negative

  4. credit, positive


Correct Option: C

__________ report design appears on the RHS of Database Window as object under reports.

  1. Balance sheet

  2. Trial balance

  3. Profit and loss

  4. Both a and c


Correct Option: B