ADFAS QUESTION

1. A company submit their TDS in a year maximum ________ times
a) 2 times
b) 3 times
c) 4 times
d) 6 times
Answer: C

2. Apply for new Service Tax registration by__________
a) ST-1 Form
b) ST-2 Form
c) ST-3 Form
d) None of them
Answer: A

3. Attendance voucher is invoked by__________
a) Alt + F5
b) Ctrl + F5
c) Alt + Ctrl + F5
d) None of these
Answer: B

4. Bill adjustment entry from which menu__________
a) Entry
b) Reports
c) masters
d) Utility
Answer: A

5. Bill of material create is under____________
a) Transactions
b) Configuration
c) Masters
d) Display
Answer: C

6. Bill summary is display in______________
a) Display
b) Transactions
c) Printing
d) Administration
Answer: A

7. By default printer setting is ____________
a) Generic laser printers
b) Generic Dot matrix printers
c) Generic laser printers A4
d) None of these
Answer: B

8. Can We create Cash in hand ledger in ACE__________
a) Yes
b) No
c) N.A.
d) N.A.
Answer: A

9. Cash flow options is unde__________
r a) Masters
b) Utility
c) Reports
d) Mis-Reports
Answer: C

10. cash/bank book are present __________ menu
a) Entry
b) Mis-Reports
c) Entry and report menu
d) None of these
Answer: C

11. Central Sales Tax is levied by__________
a) Sate Government
b) Central Government
c) Finance Commission
d) Planning Commission
Answer: B

12. Company features will be use from__________
a) Transactions
b) house keeping
c) Configuration
d) Display
Answer: C

13. Company Setting are present in _________ menu
a) Masters
b) Mis-Reports
c) Company
d) None of these
Answer: C

14. CST act apply only__________
a) Intra state sales
b) import and export sales
c) Interstate sales
d) none of these
Answer: C

15. CST can apply under act__________
a) Central Sale tax Act 1957
b) Central Sale tax Act 1958
c) Central Sale tax Act 1959
d) Central Sale tax act 1945
Answer: A

16. CST stands for__________
a) Central Sale tax
b) Central State Tax
c) Collected sale tax
d) none of these
Answer: A

17. Data Freezing system done by__________
a) Payment voucher
b) Utilities option
c) Receipt voucher
d) Contra voucher
Answer: B

18. Data import export can do from which menu__________
a) Administration
b) Company
c) Features
d) House keeping
Answer: A

19. Deduction under section 80CCC is allowed to the extent of__________
a) 100000
b) 200000
c) Rs 300000
d) None of these
Answer: A

20. Display the history of all Work what you do in previous__________
a) Entry
b) Masters
c) Favorities
d) Reports
Answer: C

21. Due date for submission of ER-6 Return__________
a) 5th of next month for the Principal
b) 10th of next month for the Principal
c) 15th of next month for the Principal
d) None of these
Answer: B

22. During Item creation Default valuation method is____________
a) Fifo
b) Lifo
c) Average
d) Std Cost
Answer: C

23. Employee claim for their TDS refunding by submit__________
a) ITR-1
b) ITR-2
c) ITR-4
d) ITR-7
Answer: A

24. Employer EPS pay head is under pay head type__________
a) Employees’ Statutory Deductions
b) Earnings for employees
c) Employer’s Statutory Contributions
d) Employers’ Statutory Deductions
Answer: C

25. EPF administrative charges payable by employers rate of 1-1-15 onwards__________
a) 0.65%
b) 0.85%
c) 1.10%
d) 0.37%
Answer: B

26. Eps contribution rate is__________
a) 8.33%
b) 3.67%
c) 8.34%
d) 8.31%
Answer: A

27. ERP Stands For__________
a) Electricity Resources Plant
b) Enterprises resources Part
c) Enterprises Resources Planning
d) None Of These
Answer: C

28. Export the data from which menu__________
a) Masters
b) Company
c) Reports
d) Utility
Answer: D

29. Final account are present in__________
a) Query
b) Masters
c) Mis-Reports
d) Company
Answer: A

30. Form 16A related with__________
a) VAT
b) TDS
c) CST
d) Service Tax
Answer: B

31. Form 26Q is applicable for TDS deducted under section of income tax act__________
a) 200(3)
b) 200(4)
c) 100(3)
d) 104(3)
Answer: A
32. From which menu you can upgrade the Software__________
a) Utility
b) Reports
c) Query
d) Company
Answer: A
33. Gratuity effected only__________
a) basic pay
b) house rent allowance
c) Da
d) Pf
Answer: A
34. House rent allowance is a type of__________
a) Pay heads
b) Attendance
c) Employee
d) None of these
Answer: A
35. How many default ledger in ACE__________
a) 10
b) 20
c) 15
d) 30
Answer: B
36. how many types of attendance or production types__________
a) 2
b) 4
c) 3
d) 1
Answer: C
37. How to create a Bom in ACE__________
a) Utility>Production formula
b) Masters>Products & Services>Production formula
c) Entry>Product & Services>Production formula
d) None of these
Answer: B
38. How to go new financial year ?
a) Split year
b) split company
c) Change financial year
d) Change Company date
Answer: C
39. If PAN No is not furnish the TDS Rate is__________
a) 1.00%
b) 20.00%
c) 2.00%
d) None of these
Answer: B
40. Input vat related to__________
a) on sales
b) on purchase
c) both 1 and 2
d) None of these
Answer: B
41. Insurance defines under section _______as per IT Act
a) 80C
b) 80CCD
c) 80GGB
d) 80GGC
Answer: A
42. Is required password and user when Company open in Busy__________
a) Yes
b) No
c) N.A.
d) N.A.
Answer: A
43. Minimum Administrative charges payable per month per establishment is__________
a) Rs 600
b) Rs 5
c) Rs 500
d) Rs 50
Answer: C
44. Pay roll features are activated in__________
a) Accounting features
b) Inventory features
c) Configuration
d) None of these
Answer: A
45. Payroll Autofill is used by__________
a) Ctrl + A
b) Alt + A
c) Alt + Ctrl + A
d) Shift + Ctrl + A
Answer: B
46 Payroll voucher is invoked by__________
a) Alt + F4
b) Ctrl + F4
c) Alt + Ctrl + F4
d) None of these
Answer: B
47. Shortcut key of Calculator in Busy__________
a) F11
b) Alt + F1
c) F10
d) F12
Answer: C
48. Stock transfer option is under__________
a) Transactions
b) Utilities option
c) Company
d) House keeping
Answer: A
49. Unit Conversion is a type of _______ unit
a) Normal
b) Simple
c) Compound
d) None of these
Answer: C
50. User can define menu rights from__________
a) Security Rights grouping
b) Administration Users
c) Security Control
d) None of these
Answer: B
51. VAT activate from which options__________
a) Company Creation
b) Configuration
c) Display
d) House keeping
Answer: A
52. VAT adjustment can be done by__________
a) Vat computation
b) VAT Journal
c) Statutory Payment
d) Journal
Answer: B
53. What is the type of calculation of Overtime pay__________
a) On Attendance
b) On Flat rate
c) On Production
d) User define
Answer: C
54. Where is PF Contribution by an employer @10%?
a) Below 20 employees
b) Above 20 Employees
c) Below 25 employees
d) below 30 employees
Answer: A
55. Which company developed and marketed Busy Win?
a) Peutronics Pvt. Ltd.
b) Busy Infotech Pvt. Ltd.
c) Eastern Data Ltd.
d) Tata Consultancy Service
Answer: B