Question 14 of 24
Q.Tally is an example of :
(a) In-built accounting software
(b) Tailor-made accounting software
(c) Customised accounting software
(d) Ready-made accounting software
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2023MCQ· 1mImportance★★★★★
58% · 14/24 Questions
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Start your 14-day free trial to unlock the full solution →Tally is a ready-made (pre-packaged) accounting software, so the correct option is (d).
Accounting packages fall into three types:
- Ready-made (pre-packaged/off-the-shelf): developed for the general market and sold to a large number of users at a low cost; suited to small and medium businesses whose needs are common. Tally is the best-known Indian example.
- Customised: a ready-made package modified to suit the special needs of a particular user. …
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