CFAS SET 04

SWASTICK YOUTH COMPUTER TRAINING CENTRE
(A Government of West Bengal Initative Under the Directorate of Youth services)
Village-Paschim Sridharpur(Gurudaspur Hospital More), Post-Gurudaspur, P.S-Dholahat, Dist-24Pgs(S),
Block-Patharpratima, Pin-743349, Contact No : 97336 00064

Subject : (CFAS-FA) MCQ ON-LINE EXAM,
COURSE : CFAS(LAT),SET 04, Time : 70 MINUTES, Marks : 74

Question 1.
Payroll in the sense of
 money paid to employees	
 money paid to employers
 transfer to Bank
 None of these
Question 2.
Eps contribution rate is
 8.33%	
 3.67%
 8.34%
 8.31%
Question 3. 
Employees pensions scheme effect from which year in india
1952
1953
1995	
1996
Question 4.
maximum amount charged as professional tax is Rs
2000
2500	
3000
1250
Question 5.
When submit PAN card mandatory house rent amount is more than
50000
100000
80000	
25000
Question 6.
Payroll Autofill is used by 
Ctrl+A
Alt+A	
Alt+Ctrl+A
 Shift+Ctrl+A
Question 7.
Attendance voucher is invoked by
Alt+F5
Ctrl+F5 	
Alt+Ctrl+F5
None of these
Question 8.
Under the EDLI scheme life insurance cover is provided to
PF employees	
Non PF employees
Both
None of these
Question 9.
Attendance voucher calculate depends on
Present Day
Overtime
Both	
None of these
Question 10.
House rent allowance is a type of
Pay heads	
Attendence
Employee
None of these
Question11.
Which from has to be filled while becoming member of provident fund?
Form11	
Form15G
Form10
Form12
Question 12.
What is the type of calculation of Overtime pay
On Attendence
On Flat rate
On Production	
User define
Question 13.
Professional tax is display is under
statutory reports	
Statements of payroll reports
Statements of paysheet
paysheet
Question 14.
Display employee profile
statements of payroll	
 payroll statements
 Statements of paysheet
 paysheet
Question 15.
Attendence register display in
statements of payroll
payroll reports	
Statutory reports
None of these
Question 16.
Basic pay is calculation type of
On Flat rate
On attendence	
User defined
None of these  
Question 17.
If PAN No is not furnished the TDS Rate is
1%
20%	
2%
None of these
Question 18.
Service tax was introduced in india for the first time in
1990 
1992
1994	
1995 
Question 19.
VAT was introduced in india in which year
2002
2003
2005	
None of these
Question 20.
Form 260 is applicable for Tds deducted under section of income tax act
200(3) 
200(4)
100(3)
104(3)
Question 21.
Input vat releated to
on sales
on purchase	
both 1 and 2
None of these
Question 22.
TDS Form 16A return to
 Salary persons	
 Non Salary persons 
both 1 and 2
None of these
Question 23.
Form 16A related with
VAT
TDS	
CST
Service Tax
Question 24.
ERP Stands For
Electricity Resourses Plant
Enterprises Resourses Part
Enterprises Resourses Planning	
None Of These
Question 25.
Central Sales Tax is levied by
Sate Government
Central Government		
Finance Commission
Planning Commission
Question 26.
Return TDS has to be filed
Monthly
Quarterly	
half yearly
None of these
Question 27.
Apply for new Service Tax registration by
ST-1 Form	
ST-2 Form
ST-3 Form
None of them
Question 28.
TDS stands for
Tax Deduction at Source 
Tax Deduted at Source	
Tax Deductable at Source
None of these
Question 29.
Multiple VAT has maintained by VAT/Multi Tax(R)
VAT/R	
VAT/T
User for common ledger:
No  
Question 30.
Which is not Direct Tax
Sales Tax	
Income Tax  
Wealth Tax
Estate Duty
Question 31.
Service tax is applicable to
Whole of India
Whole of India except Jammu and Kashmir	
Whole of India, except Uttarakhand
None of these
Question 32.
Official website for submit the VAT Return
www.wbcomtax.nic.in	
www.incometaxindia.gov.in
www.taxindia.in    
None of these
Question 33.
HOW MANY TYPES OF COMPANY PASSWORD
1 
3
2	
5
Question 34.
We Can Split Company Data As Our Required Date
True	
FALSE
NONE
BOTH
Question 35.
To Make A Group Company Minimum Nos Of Requred Companies
 2	
 3
 4
 NONE
Question 36.
Vat No. Is.........................................Digits
11	
12
13
14
Question 37.
How many types of Unit Creation?
12 types
3 types
2 types	
6 types
Question 38.
How many years maximum supports in Tally?
4 years 
2 years
1 years	
6 years
Question 39.
"Allow Zero valued entries" feature is exist in .................feature.
Accounting & Inventory	
Inventory & Satutory features
Accounting & Statutory & taxation
Inventory & Tally . Net
Question 40.
Which feature will display "Maintain Bill-wise details".
Accounting feature		
Inventory feature
Statutoty & Taxation
Tally.Net feature
Question 41.
Create Cost Centres from
Accounts Info	
Inventory Info 
Day Book 
Stock Summary 
Question 42.
Which option is not viewed under Gateway of Tally?
Accounts Info
Inventory Info
Day Book	
Stock Summary
Question 43.
Payroll Autofill Button is
Alt+A	
Alt+B
Ctrl+A
NONE
Question 44.
To Set Date
Alt+F2
F2	
F3
NONE
Question 45.
Which key is use for Delivery None?
Alt+F8	
Alt+F9
Alt+F10
Alt+F11
Question 46.
Which key is use for Receipt Note?
Alt+F8
Alt+F9
Alt+F10
Alt+F11
Question 47.
Receipt Note Voucher
Alt+F9	
Alt+F4
Ctrl+F6
Alt+F5
Question 48.
TO DELETE A VOUCHER
ALT+X
ALT+D	
CTRL+D
NONE OF THESE
Question 49.
Debit Note Voucher
Ctrl+F9
F4
F6
F5
Question 50.
Shortcut key "F9" is used for
Enable TCS
Purchase Entry	
Sales Entry
Journal Entry
Question 51.
Shortcut key "F8" is used for
Enable VAT
Sales Entry	
Purchase Entry
Cotra Entry
Question 52.
Use Rejection Outward Notes is Under
F1
F2
F3
F4   
Question 53.
Shortcut Key Of Stock Journal Voucher
F7
Alt+F7	
F6
F5
Question 54.
The function key "F11"is used for
Features 	
Configure
Period
Company
Question 55.
Duties & Taxes is the name of
Group	
Ledger
Configuration 
Features
Question 56.
HSN stands For
Human System Of Nomenclature
Harmonished Situation Of Nonmenclature
Harmonised System Of Nomenclature	
None Of These  
Question 57.
Mention the purpose of "Ait+F7" while creating voucher Payment
Voucher 
Journal
Stock Journal	
Delete Voucher
Question 58.
TAN Stands For
Tax Assessment Number
Temporary Account Number
Tax Account Number  
None of these
Question 59.
VAT stands For
Value Additional Tax
Vital Additional Tax
None of these 
Value Added Tax	
Question 60.
CURRENCY SYMBOL ARISE AUTOMATIC
TRUE	
FALSE
BOTH
None of these
Question 61.
The extension of the backup file of Ex-NGN
.bkp
.mcf	
.inf
.bak
Question 62.
What is the extension name of backup file?
.BAK
.ABF
.SDF
.MCF	
Question 63.
How many default groups are exist in Ex-NGN?
10 Groups
4 Groups	
28 Groups
32 Groups
Question 64.
From which Menu you can create voucher entry?
Setup
Edit
View
Activities	
Question 65.
Mention the default user of Ex-Next Generation
Manager
User Defined Field
ADMIN
admin	
Question 66.
In Ex-NGN budget ledger can be set from
Reports
Item
Budget
Chart of Accounts	
Question 67.
Shortcut key of Item
CTRL+U
CTRL+M
CTRL+A
CTRL+I	
Question 68.
Ex-NGN does support maximum financial duration of a company-
18 months	
12 months
24 months
None of these
Question 69.
From which menu you have to create analysis catagories?
Edit
Activities
View
Setup	
Question 70.
Trial Balance views are 2 types. These are
Opening and Closing
Simple and Compound
Standard and Comparative
Standard and Opening	
Question 71.
................Iedger is used to create TAX
Purchase A/C
Sales A/C
Sales Tax	
VAT
Question 72.
From which menu you will see budget variance statement?
Setup
Reports	
Activities
View
Question 73.
Which stock valuation by default used in Ex-NGN?
LIFO method
Moving Weighted Average method
FIFO method
Weighted Average Method
Question 74.
Read the text carefully then click on Start button to start the clock and then type
the same. After finishing, click on Stop button to stop the clock.
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Type the above Paragraph in the text box with in 7 Minutes.

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