Ex Next Generation MCQ

[EVERY QUESTION HAS 4 OPTIONS & 1 ANSWER IS RED COLOR]

Question 1
How many sub-document types are there in Receipt Document
a) 4
b) 2
c) 3
d) 1

Question 2
The extension of the backup file of Ex-NGN
a) .bkp
b) .mcf
c) .inf
d) .bak

Question 3
What is the extension name of backup file?
a) .BAK
b) .ABF
c) .SDF
d) .MCF

Question 4
How many characters does support in shortname name?
a) 2 characters
b) 5 characters
c) 4 characters
d) 3 characters

Question 5
How many default groups are exist in Ex-NGN?
a) 10 Groups
b) 4 Groups
c) 28 groups
d) 32 groups

Question 6
How many options are available for payment voucher mode?
a) 2 types
b) 8 types
c) 6 types
d) 4 types

Question 7
Analysis Category does support maximum of ____levels
a) 2 levels
b) 7 levels
c) 5 levels
d) 9 levels

Question 8
Which report will display computed Interest amount?
a) Statement .of Accounts
b) Reports
c) Account Reports
d) Account Books

Question 9
From which Menu you can create voucher entry?
a) Setup
b) Edit
c) View
d) Activities

Question 10
From which menu you have to create Bank reconciliation statement?
a) Setup
b) Reports
c) Company
d) Activities

Question 11
From which menu you have to create new company?
a) Company
b) Setup
c) Edit
d) Activities

Question 12
From which menu you will take your backup data?
a) Setup
b) Edit
c) Company
d) Activities

Question 13
Customer report and suppliers report present in___________ menu
a) Setup
b) View
c) Reports
d) Activities

Question 14
Mention the default user of Ex-Next Generation
a) Manager
b) User Defined Field
c) ADMIN
d) admin

Question 15
What is the administrator password of this software?
a) Manager
b) User Defined Password
c) Blank Enter
d) admin

Question 16
Which option is used to maintain departmental transactions?
a) Cost Centres
b) Vector Master
c) Document Class
d) Analysis Category

Question 17
_________is used to display Trading Account of your company
a) Prepare Trading Account
b) Integrate Accounts & Inventory
c) Profit & Loss Layout
d) Balance Sheet Layout

Question 18
Transfer the cash from one bank to another bank, which voucher should be use?
a) Contra voucher
b) One Db/Cr
c) Many Db/Cr
d) Bank Transfer

Question 19
The type of WBST tax class system in
a) Ex- NGN CST
b) VAT
c) SST
d) Both (1) or (2)

Question 20
The budget variance statement provides the details
a) opening balance
b) % of Budget Variance
c) Amt. of Budget Variance
d) Both (2) & (3)

Question 21
Which of the following is not a sub- document type of purchase
a) Purchase
b) Local Credit
c) Credit note Purchase
d) Both (2) & (3)

Question 22
Case withdrawan from Bank’-the document type we use to pass this entry is
a) Cash Deposit
b) Bank Deposit
c) Cash Transfer
d) Cash Withdrawal

Question 23
In Ex-NGN budget ledger can be set from
a) Reports
b) Item
c) Budget
d) Chart of Accounts

Question 24
From which menu you have to create custom field?
a) Activities
b) Setup
c) View
d) Company

Question 25
From which menu you will see customer reports?
a) Reports
b) Setup
c) activities
d) Company

Question 26
From which Menu you will see trial balance report?
a) reports
b) Setup
c) Activities
d) Company

Question 27
_______option helps to re-arrange the folder toolbar.
a) Options
b) Edit Toolbar
c) Customize
d) Configuration

Question 28
The shortcut key for Chart of accounts is
a) Ctrl +B
b) Ctrl +A
c) Ctrl +C
d) Ctrl +D

Question 29
User manager shortcut key
a) Ctrl +U
b) Ctrl+ V
c) Ctrl +P
d) Ctrl +D

Question 30
Shortcut key of log off
a) CTRL +M
b) CTRL +I
c) CTRL +A
d) CTRL +G

Question 31
Shortcut key of log on
a) CTRL +I
b) CTRL +A
c) CTRL +L
d) CTRL +G

Question 32
Ctrl +U is the shortcut of
a) Log On
b) Charts of account
c) User Manager
d) Document Entry

Question 33
Shortcut key of item
a) CTRL +U
b) CTRL +M
c) CTRL +A
d) CTRL +I

Question 34
Shortcut key of use company
a) CTRL +A
b) CTRL +O
c) CTRL +B
d) CTRL +M

Question 35
Ctrl +A is the shortcut of
a) Log on
b) User Manager
c) Charts of account
d) Document Entry

Question 36
Ctrl +l is the shortcut of
a) Item Creation
b) Log on
c) User Manager
d) Charts of account

Question 37
The shortcut key for customize Narration Creation is
a) Ctrl +F1
b) Ctrl +N
c) Ctrl +R
d) Ctrl +T

Question 38
From under which group you have to create sundry debtors subgroup?
a) Assets
b) Fixed assets
c) Liablities
d) Current assets

Question 39
CRN ’in voucher document
a) Debit Note
b) Currency Note
c) Credit Note
d) customize Note

Question 40
Stock report are available in _______menu
a) Windows
b) Setup
c) Reports
d) customize note

Question 41
Which option help you to shut currently opened company?
a) Shut Company
b) Log off
c) Close Company
d) Deactivate Company

Question 42
From which option you have to pass cash deposited entry?
a) Receipts
b) Payments
c) Withdrawal
d) Deposits

Question 43
Which of the following group is not created by defauld
a) Asset
b) Income
c) Liabilities
d) Direct Expenses

Question 44
From which menu you have to close of your company?
a) Company
b) Activities
c) Setup
d) Edit

Question 45
From which menu you will take your data restoration?
a) Company
b) Setup
c) Activities
d) Edit

Question 46
Using Help are available in _______menu
a) Help
b) Folder
c) Reports
d) Edit

Question 47
The shortcut key to open Enter Document window is
a) F2
b) F6
c) F10
d) F12

Question 48
Transaction list used for
a) Display P/L
b) Display Ledger List
c) Display B/S
d) Display Day Book

Question 49
The key to Invoke Analysis Category
a) F7
b) F4
c) F11
d) F2

Question 50
From under which group you have to create sundry creditors subgroup?
a) Liablilities
b) Assets
c) Current Liabilities
d) Fixed assets

Question 51
Budget variyance statement option in under ________Charts of
a) accounts
b) Activities
c) Reports
d) help

Question 52
Ctrl +g is __ shortcut key
a) Log off
b) log on
c) print
d) Ledger

Question 53
To display the Daybook in Ex –NGN
a) Transaction List
b) Balance Sheet Group
c) Trial Balance
d) Ledger Menu

Question 54
Which report will display the list of voucher entries?
a) Transaction List
b) Day Book
c) Voucher List
d) List of Vouchers

Question 55
Reconcile bank transaction under ________menu
a) Reports
b) charts of account
c) Activities
d) masters

Question 56
If you paid Rent is cash then which voucher type should be use?
a) MCP
b) SBP
c) SCP
d) MBP

Question 57
Multiple Cheque Payment shortfrom
a) MCP
b) mdf
c) mcd
d) mck

Question 58
Which option controls the task list of a new user and password?
a) Security Control
b) User Manager
c) Security Rights Grouping
d) New User Allocation

Question 59
From which button you can rectify voucher entry?
a) Edit
b) new
c) Delete
d) None

Question 61
Full form of MBP
a) Multiple Bank Payment
b) Multiple Bank Payable
c) Multiple Bank Purchase
d) None of these

Question 62
Full form of scp
a) Single cash payment
b) simple cash payment
c) Simple cash purchase
d) none of these

Question 63
How many bank ledger can be selected in Multiple Bank Payment Document
a) Unlimited
b) 2
c) 1
d) None of these

Question 64
How many default ledger accounts in Ex – NGN?
a) 3
b) 2
c) 4
d) None of these

Question 65
How to activate inclusion of zero balance ledger in opening trial balance?
a) Master > Chart of Accounts > GL
b) Company > Options > General
c) Setup > Chart of Accounts
d) None of these

Question 66
How to use another user when your company is activated?
a) Log off
b) Close Company
c) Shut Company
d) None of these

Question 67
PLC is stands for –
a) Permanent Ledger List
b) Permanent Local Cheque
c) Purchase Local – Cash /Cheque
d) None of these

Question 68
The __ option is used for ‘Offline Bill Adjustment’
a) Adjust Open Debits –Credits
b) Bill By Bill Adjustment
c) Both (a) & (b)
d) None of these

Question 69
The default A/C type for a party, who is both the debtor and creditor of the company
a) Customer
b) Customer _supplier
c) Supplier
d) None of these

Question 70
The default folder location of Ex-NGN file
a) Data
b) BIN
c) Any Folder
d) none of these

Question 71
The ROP means in voucher document
a) Return of Purchase
b) Sales Return
c) Return of Payment
d) None of these

Question 72
UDF means______
a) User Define Field
b) User Define Format
c) Ultimate Data Format
d) None of these

Question 73
We can create customize field in Ex-NGN from ____menu
a) Activities
b) View
c) Setup Menu
d) None of these

Question 74
What is the MCP in voucher document
a) Multiple Cheque Payment
b) Multiple Cash Payment
c) Many Cash Payment
d) None of these

Question 75
Ctrl + L is the shortcut of
a) Voucher Allocation
b) Log On
c) Offline Bill Adjustent
d) None of these

Question 76
You have to create standard narration –
a) Press Ctrl +R
b) Setup > Narration
c) Press F2
d) None of these

Question 77
Which option is used for modify any ledger?
a) Charts of accounts
b) Enter documents
c) Reports
d) None of these

Question 78
Which is not default ledger account between them?
a) Profit & Loss (Previous Your)
b) Profit & Loss (Current Your)
c) Cash in Hand
d) Opening Balance Difference Account

Question 79
Opening Net Profit balance should be enter in –
a) Profit & Loss – Current Year
b) Opening Balance PL A/c
c) Profit & Loss A/c
d) Profit & Loss – Previous Year

Question 80
From which option you have to pass cash withdrawal entry?
a) Withdrawal
b) Deposits
c) Payments
d) Receipts

Question 81
From which Menu you will see profit & loss report?
a) Setup
b) Company
c) Activities
d) Reports

Question 82
From which menu you will see setup toolbar?
a) Activities
b) View
c) Setup
d) Reports

Question 83
From which menu you will see supplier reports?
a) activities
b) Setup
c) Company
d) Reports

Question 84
Transaction list option you will get from which menu?
a) Setup
b) Company
c) Activities
d) Reports

Question 85
What Accounts types is used for Sundry debtors ledger
a) Supplier
b) Customer
c) Vendor
d) Seller

Question 86
What Accounts types is used for Sundry creditors ledger
a) Supplier
b) Customer
c) Vendor
d) Seller

Question 87
From which Menu you can create charges
a) Edit
b) Activities
c) View
d) Setup

Question 88
From which menu you have to create analysis catagories?
a) Edit
b) Company
c) Activities
d) Setup

Question 89
From which menu you have to create register column?
a) company
b) Edit
c) Activities
d) Setup

Question 90
How to setup tax register in your company?
a) Accounts Info > Voucher Type
b) Setup > Register Columns
c) Masters > Chart to Accounts > GL
d) Setup > Chart of Accounts

Question 91
If you want to search any masters (e. g- Item List, Voucher Entry etc.), which option will be use?
a) Display menu
b) Search Records
c) Data Finding option
d) Smart Finder

Question 92
Balance Sheet views are 2 types. These are
a) Simple and Compound
b) Opening and Closing
c) Horizontal and Vertical
d) Standard and Comparative

Question 93
Trial Balance views are 2 types. These are
a) Opening and Closing
b) Simple and Compound
c) Standard and Comparative
d) Standard and Opening

Question 94
Which company developed this software?
a) Busy Infotech
b) Eastern Data Product Pvt. Ltd.
c) Excel Infocom Pvt. Ltd.
d) Tata Consultancy Services

Question 95
From which option you will see all transactions report?
a) Supplier reports
b) Account reports
c) Customer reports
d) Transaction list

Question 96
Demo. Version of Ex-NGN maximum supportsa) 4 Companies
b) 2 Companies
c) 8 Companies
d) Unlimited Companies

Question 97
______ledger is used to create TAX
a) Purchase A/C
b) Sales A/C
c) Sales Tax
d) VAT

Question 98
From which menu you will see budget variance statement?
a) Setup
b) Reports
c) Activities
d) View

Question 99
WTD is related with ________voucher mode.
a) Contra Voucher
b) Withdrawls
c) Bank Transfer
d) Voucher Allocation

Question 100
Which stock valuation by default used in Ex- NGN?
a) LIFO method
b) Moving Weighted Average method
c) FIFO method
d) Weighted Average Method