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Question 16 of 21

Q.Write the word/phrase/term which can substitute the following statement:
Tally software is classified into this category

Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2024Subjective· 1mImportance★★★★★
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Tally belongs to the category of Ready-made (ready-to-use) accounting software — a standardised package sold in the market for use by many businesses.

Accounting packages are broadly of three types:

TypeNature
Ready-made softwarePre-written, standardised, low cost, easy to install and use (e.g. Tally).
Customised softwareReady-made software modified to suit a particular business.

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