Tag: accountancy

Quizzes (207) Questions (428)

Questions Related to accountancy

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

_______ are the object class which allows the designer to create an appropriate user interface to formally interact with the back end database, defined by the tables and queries.

  1. Forms

  2. Reports

  3. Pages

  4. Macros
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Forms provide the user interface in a database, allowing users to interact with the underlying data in tables and queries in a structured and user-friendly way.

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

The report design prepared is saved as __________ by design.

  1. balance sheet

  2. profit and loss

  3. trial balance

  4. both a and b
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In specific database accounting tutorials or models, the report design for a trial balance is often saved under that specific name to distinguish it from other financial reports.

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

The series, to find the total amount by which the accounts have been debited is used in database design for ________.

  1. Model-I

  2. Model-II

  3. Model-III

  4. Model-IV
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Model-I is a specific design convention in database accounting tutorials used to handle debits and credits by assigning signs to amounts.

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

Selecting reports from objects list provided by LHS of Database Window and clicking at New object button of tool bar is step ___ in procedure in access for designing a simple.

  1. 1

  2. 2

  3. 3

  4. 4
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In standard MS Access procedures for creating a new object, selecting the object type and clicking the New button is the initial step to initiate the creation process.

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

____________ refers to some aspect of real world situation, for which database is to be designed.

  1. ER Design

  2. Reality

  3. Relational Data Model

  4. Normalisation
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Reality refers to some aspect of real world situation, for which database is to be designed. In the context of accounting, it is an accounting reality that is to be expressed with complete description.

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

A process of refining a database design through which the possibility of duplicate or redundant data items are reduced or eliminated is _______.

  1. ER design

  2. Refinement

  3. Reality

  4. Normalisation
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Normalisation is a process of refining a database design through which the possibility of duplicate or redundant data items are reduced or eliminated.

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

The steps required in data processing cycle, when thought of in the context of accounting are _____________________.

  1. Data capturing, Source documents, Data storage, Generating and Input of data.

  2. Source documents, Input of data, Data storage, Manipulation of data and Output of data.

  3. Source documents, Data capturing, Collecting, Manipulation of data and Interpreting.

  4. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Data processing cycle, when thought of in the context of accounting, requires a series of steps that are source documents, input of data, data storage, manipulation of data and output of data.

Multiple choice accountancy accounting software - tally concept of entity and relationship designing and creating simple tables, forms, and queries objective in dbms

Accounting transactions of an organisation are documented using a _________.

  1. Bill

  2. Invoice

  3. Voucher

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The first step to capture accounting data from transaction(s) so as to prepare a document, is called voucher that expresses and document an accounting transaction.