[amp_mcq option1=”It will lock the period of Company” option2=”It will lock all voucher entries for that Company” option3=”It will not show the Company Name in the Company Select List” option4=”None of these” correct=”option1″]
The correct answer is: A. It will lock the period of Company.
Tally Vault Password is a security feature that allows you to lock the period of a company. This means that no one will be able to make any changes to the company’s data until the password is entered. This can be useful if you want to prevent unauthorized access to your company’s data.
Option B is incorrect because the Tally Vault Password does not lock all voucher entries for that Company. Only the period of the company is locked.
Option C is incorrect because the Tally Vault Password does not prevent the Company Name from being shown in the Company Select List. The Company Name will still be shown in the Company Select List, but the period of the company will be locked.
Option D is incorrect because the Tally Vault Password is a useful security feature that can be used to protect your company’s data.