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Tally Prime MCQ

Question 1
How many types of Company Password

a) 1
b) 3
c) 2
d) 5


Question2
How many types of Company we can Maintain

a) 1
b) 2
c) 3
d) 4


Question 3
To make a Group Company Minimum Nos Of Requred Companies

a) 2
b) 3
c) 4
d) None


Question 4
Vat No Is………….Digits

a) 11
b) 12
c) 13
d) 14


Question 5
Default Company Number Begins With

a) 10000
b) 100
c) 100000
d) 1

Question 6
We Can Display All Post Dated Voucher From

a) Exception Reports
b) Ratio Analysis
c) Exception Reports
d) Statements Of Inventory


Question 7
TDS Stands For

a) Tax Deducted At Source
b) Tax Devided At Source
c) Tax Department Agency
d) Tax Department Agency


Question 8
TIN Stands for

a) Tax identification Number
b) Tax Identity Number
c) Tax Information Number
d) None Of These


Question9
We Can Split Company Data As Our Required Date

a) True
b) FALSE
c) NONE
d) BOTH


Question 10
We have to give country name during company creation

a) TRUE
b) FALSE
c) Both
d) NONE


Question 11
Which file format does support for data import in Tally?

a) HTML format
b) XML format
c) SDF format
d) TXT format


Question 12
How many types of Excise?

a) 12 types
b) 4 types
c) 2 types
d) 6 types


Question 13
How many types of Unit Creation?

a) 12 types
b) 3 types
c) 2 types
d) 6 types

Question 14
How many default account groups in Tally?

a) 15 groups
b) 18 groups
c) 28 groups
d) 36 groups


Question 15
Payment to Contractor and sub-Contractor category is under of section

a) 194C
b) 194C
c) 190H
d) 192C


Question 16
How many default ledger accounts in Tally?

a) 2 ledgers
b) 6 ledgers
c) 4 ledgers
d) 5 ledgers


Question 17
If the Financial Year 1st April 2012 and the Books Beginning from 1st January 2013, then what will be

the Closing Date?
a) 31st March 2013
b) 31st March 2014
c) 31st January 2013
d) 31st January 2014


Question 18
Professional version wise Tally can be classified into————-types.

a) 4 types
b) 6 types
c) 2 types
d) 5 types


Question 19
How many years maximum supports in Tally?

a) 4 years
b) 2 years
c) 1 years
d) 6 years


Question 20
List of Optional vouchers will display from

a) Account Books
b) Statement of Accounts
c) Exception Reports
d) Statement of Inventory


Question 21
“Allow Zero valued entries” feature is exist in——–feature.

a) Accounting & Inventory
b) Inventory & Satutory features
c) Accounting & Statutory & taxation
d) Inventory & Tally.Net


Question 22
“Enabled cheque printing” is exist under___________feature.

a) Accounting feature
b) Inventory feature
c) Statutoty & Taxation
d) Tally.Net feature

Question 23
Tally Audit feature should be activated from

a) Accounting feature
b) Inventory feature
c) Statutory & Taxation
d) Company creation screen


Question 24
VAT should be activate from ___________feature.
a) Accounting feature
b) Inventory feature
c) Statutoty & Taxation
d) Tally.Net feature


Question 25
Which feature will display “Maintain Bill-wise details”.

a) Accounting feature
b) Inventory feature
c) Statutoty & Taxation
d) Tally. net feature


Question 26
Stock Summary is viewed from

a) Accounting features
b) Inventory feature
c) Gateway of Tally
d) None of these


Question 27
The feature “Maintain Cost Centres” from

a) Accounting features
b) Inventory features
c) Features
d) None of these


Question 28
Create Cost Centres from

a) Accounts Info
b) Inventory Info
c) Day Book
d) Stock Summary


Question 29
Which option is not display under “ Accounts only” Mode?

a) Accounts Info
b) Balance Sheet
c) Stock Summary
d) Display


Question 30
Which option is not viewed under Gateway of Tally?

a) Accounts Info
b) Inventory Info
c) Day Book
d) Stock Summary

Question 31
Trial Balamce is viewed from

a) Accounting feature
b) Features
c) Display
d) Vouchers


Question 32
Working Capital is viewed from

a) Accounting features
b) Ratio Analysis
c) Inventory features
d) Statutory & Taxation


Question 33
_______key is used to change the financial period.

a) Alt+F1
b) Alt+F2
c) Alt+F3
d) Alt+f4


Question 34
How to change the mode as voucher to as in voice?

a) Alt +A
b) Ctrl +V
c) Shift +Ctrl +M
d) Ctrl +S


Question 35
Payroll Autofill Button Is

a) Alt +A
b) Alt +B
c) Ctrl + A
d) NONE


Question 36
Gateway of Tally to Company Info
a) Alt +F1
b) Alt +F3
c) Shift +F2
d) None of these


Question 37
Physical stock Journal Voucher

a) Alt +F10
b) Alt +F4
c) Alt +F5
d) Shift +F5


Question 38
To Set Date

a) Alt +F2
b) F2
c) F3
d) None


Question 39
Attendance Voucher is

a) Alt +F5
b) Ctrl +F5
c) Shift +F5
d) Alt + Shift +F5

Question 40
Payroll Voucher is

a) Alt +F5
b) Alt +F4
c) Ctrl +F4
d) None


Question 41
Sales Order Voucher

a) Alt +F5
b) Alt +F4
c) F6
d) F5


Question 42
Delivery Note Voucher

a) Alt +F8
b) Ctrl +F8
c) Alt +F6
d) Ctrl +F5


Question 43
Which key is use for Delivery Note?

a) Alt + F8
b) Alt + F9
c) Alt +F10
d) Alt +F11


Question 44
Which key is use for Receipt Note?

a) Alt +F8
b) Alt +F9
c) Alt +F10
d) Alt +F11


Question 45
Receipt None Voucher

a) Alt +F9
b) Alt +F4
c) Ctrl +F6
d) Alt +F5


Question 46
To Print voucher entry which key is required to press in Tally?

a) Alt +P
b) Ctrl +P
c) Alt +Shift +P
d) Ctrl +Shift +P


Question 47
To delete a voucher

a) Alt +X
b) Alt +D
c) Ctrl +D
d) None of these

Question 48
Which option is used to carry forward the closing balance of a company?

a) Backup data
b) Restore data
c) Split company data
d) Import data


Question 49
We can show bill wise details of Debtors and Creditors by activating bill by

a) Bill Maintain
b) Bill wise details
c) Activate Bill Referances
d) Activate Bill Details


Question 50
If you want to create blank value voucher, then activate

a) Blank valued entries
b) Null valued entries
c) Zero Valued entries
d) Amount does not allow


Question 51
“BOM” is stands for___________

a) Bunch of Materials
b) Bill of Manufacturing
c) Book of Materials
d) Bill of Materials


Question 52
Company location in Tally

a) C:\Tally
b) C:\Tally\Data
c) C:\Tally\Company
d) None of these


Question 53
What is the default path of data folder?

a) C:\Tally\Data
b) C:\Tally
c) C:\Data\Tally
d) C:\Office\Data


Question 54
Find out which is not default ledger account?

a) Capital A/c
b) Cash in Hand
c) Profit & Loss A/c
d) None of these


Question 55
Which Ledger is already been created by Tally

a) Car Loan
b) Carriage Inward
c) Cash
d) Commission Receipt


Question 56
Tally will display the report of Interest from

a) Cash books
b) Cash Flow and Funds Flow
c) Inventory Books
d) Statement of Accounts

Question 57
CST stands for

a) Central Sales Tax
b) Corporate Sale Of Tax
c) Central Service Tax
d) None of These


Question 58
ALT + F2 Shortcut is used for

a) Change Period
b) Company Alteration
c) Accounting Features
d) Display


Question 59
From Gateway of Tally if we can press Alt+F1 means

a) Change Period
b) Edit Company
c) Delete Company
d) Shut Company


Question 60
What is TDS?

a) Collection method of Income Tax
b) VAT adjustment method
c) Compute on product price
d) When CST form issued to Debtors


Question 61
Company Restore option is available in

a) Company feature
b) Configuration
c) Company Info
d) Gateway of Tally


Question 62
Which system helps to change the report setup in Tally?

a) Company feature
b) Company configuration
c) Display
d) Company Info


Question 63
BACKUP OPTION IS UNDER

a) COMPANY INFO
b) Features
c) Configuration
d) None of These


Question 64
If you want to use Import and Export system which feature should be used?

a) Company Info
b) Features
c) Configuration
d) None of These

Question 65
We can display any report with detail view by pressing

a) Ctrl + F1
b) Alt + F1
c) Ctrl +Shift + F1
d) Alt + Shift +F1


Question 66
Rejection Inward Voucher

a) Ctrl +F6
b) F4
c) Alt +F7
d) F6


Question 67
Debit Note Voucher

a) Ctrl +F9
b) F4
c) F6
d) F5


Question 68
To Set Optional Voucher

a) Ctrl +L
b) ALT +T
c) Shift+ T
d) Ctrl +T


Question 69
Which shortcut key is used for Post Dated voucher?

a) Ctrl +P
b) Alt +P
c) Ctrl +T
d) Alt +T


Question 70
To Set Post Dated Voucher

a) Ctrl +T
b) Alt +T
c) Shift +T
d) None


Question 71
Which report will display the memorandum entries?

a) Day Book
b) Trial Balance
c) Exception Report
d) Balance Sheet


Question 72
Which voucher should be used for purchase return?

a) Debit Note
b) Credit Note
c) Rejection In
d) Rejection Out


Question 73
WE Can Display All Memorandum Voucher From

a) Display
b) Statements Of Inventory
c) Exception Reports
d) Statutory reports

Question 74
Tally will display the report of Cost Centres

a) Display > Statement of accounts >Cost Centre
b) Display > Inventory Books > Cost centre
c) Display > Account Book > Cost centre
d) None of these


Question 75
Which option is used for departmental transactions in Tally?

a) Document Class
b) Vector Master
c) Cost Centres
d) Maintain 1 and 2


Question 76
Input VAT ledger is created under

a) Duties and taxes
b) Sales
c) Purchase
d) None of these


Question 77
Erp Stands for

a) Electricity Resourses Plant
b) Enterprises Resourses Part
c) Enterprises Resources Planning
d) Electronic Ram Part

Question 78
Shortcut key “F9” is used for

a) Enable TCS
b) Purchase Entry
c) Sales Entry
d) Journal Entry


Question 79
Shortcut key “F8” is used for

a) Enable VAT
b) Sales Entry
c) Purchase Entry
d) Contra Entry


Question 80
E.C.C Is

a) Excise Commissioner Code
b) Electric Control Code
c) Excise Control Code
d) Earning excise code


Question 81
Allow Zero valued Entries Is Under

a) F1
b) F2
c) Both
d) None of These


Question 82
Enable Cheque Printing Option Is Under

a) F1
b) F2
c) F1 & F2 Both
d) None

Question 83
Enable Fringe Benefit Tax Option Is Under

a) F1
b) F11>F1
c) F3
d) F12


Question 84
Enable Service Tax Option Is Under

a) F1
b) F2
c) F3
d) None


Question 85
Enable Tax Deducted At Source Option Is Under

a) F1
b) F3
c) F2
d) None


Question 86
Income & Expenditure Statement Instead of P/L A/C Is Under

a) F1
b) F2
c) F3
d) None


Question 87
Maintain Batchwise Details of Stock Items Is Under

a) F1
b) F2
c) F3
d) F4


Question 88
Maintain Billwise Details Option is Under

a) F1
b) F11>F2
c) F3
d) F12


Question 89
Maintain Budgets And Control Is Under

a) F1
b) F2
c) F3
d) None


Question 90
Maintain Stock Categories Option Is Under

a) F1
b) F2
c) F3
d) F4


Question 91
What is the Shortcut key for Contra Voucher

a) F1
b) F7
c) F5
d) F4

Question 92
Shortcut key for Change Date while doing voucher

a) F1
b) F2
c) F3
d) F4


Question 93
The option Integreate Accounts and Inventory

a) F1
b) F2
c) F3
d) Both F1 and F2


Question 94
Track Additional Cost of Purchase is Under

a) F1
b) F2
c) F3
d) F4


Question 95
Use Actual & Billed QTY. Option is Under

a) F1
b) F2
c) F3
d) F4


Question 96
Use Cost Tracking for Stock Item Is Under

a) F1
b) F2
c) F3
d) None


Question 97
Use Debit / Credit Note Is Un
der
a) F1
b) F2
c) F1 & F2 Both
d) None


Question 98
Use Material In/Out Option Is Under

a) F1
b) F2
c) F3
d) None


Question 99
Use Multiple Godown is Under

a) F1
b) F2
c) F3
d) None


Question 100
Use Multiple Price Level Is Under

a) F1
b) F2
c) F3
d) None

Question 101
Use Rejection Inward Notes Is Under

a) F1
b) F2
c) F3
d) F4


Question 102
Use Rejection Outward Notes Is Under

a) F1
b) F2
c) F3
d) F4


Question 103
Use Reversing Journals & Optional Vouchers activate by presenting _key

a) F11
b) F2
c) F8
d) F9


Question 104
Use Tracking Number Option is Under

a) F1
b) F2
c) F3
d) F4

Question 105

Allow Multi Currency Option Is Under
a) F10
b) F2
c) F1
d) None

Question 106
Maintain Cost Center is Under

a) F10
b) F12
c) F1
d) None


Question 107
Reversing Journal Voucher

a) F10
b) F4
c) F6
d) F5


Question 108
Follow Excise Rules For Invoicing is Under

a) F11
b) F12
c) F3
d) F1

Question 109
To activate MRP feature from Gateway of Tally by press

a) F11
b) F12
c) Alt +F3
d) Ctrl +F3


Question 110
To active job Costing We Have To Take help from

a) F11
b) F10
c) F12
d) None


Question 111
”Maintain multiple godowns ”feature activate fro
m
a) F12
b) F11>F5
c) F11>F2
d) F11>F3


Question 112
Activate Interset Calculation Option Is Under

a) F12
b) F1
c) F2
d) F3


Question 113
Enable Excise Duty is Under

a) F12
b) F12>F2
c) F3
d) F11>F1


Question 114
Separate Discount Column on Invoices option is Under

a) F12
b) F10
c) F2
d) F4


Question 115
Allow Purchase Order Processing Is Under

a) F2
b) F10
c) F2
d) None


Question 116
Allow Sales Order Processing Is Unde
r
a) F2
b) F10
c) F2
d) None


Question 117
Enable Mca Report is Under

a) F3
b) F2
c) F2
d) None

Question 118
Enable Tax Collected at Source is activated from by pressing

a) F3
b) F12
c) F2
d) None


Question 119
‘Enable Value Added Tax’ Option is activated from by pressing

a) F3
b) F2
c) F1
d) None


Question 120
‘Maintain Payroll’ is activate from by pressing

a) F3
b) F12
c) F11
d) None


Question 121
Contra Voucher

a) F4
b) F6
c) F5
d) F9


Question 122
Purchase Order Voucher

a) F4
b) Alt +F4
c) F6
d) F5


Question 123
Remote Access Connection is Using

a) F4
b) F5
c) F10
d) F6


Question 124
To Set Agewise Analysis We Use

a) F4
b) F6
c) F3
d) F7


Question 125
We Can Disconnect Remote Connection Using

a) F4
b) Ctrl +F4
c) Alt +Ctrl +F10
d) Alt +F4

Question 126
Journal Voucher

a) F7
b) F4
c) F6
d) F5


Question 127
Shortcut Key of Stock Journal Voucher

a) F7
b) Alt +F7
c) F6
d) F5


Question 128
Bank Reconciliation is invoke to use of

a) F8
b) F5
c) F4
d) F9


Question 129
Credit note voucher

a) F8
b) F4
c) F7
d) Ctrl +F8


Question 130
The function key “F11” is used for

a) Features
b) Configure
c) Period Shup
d) Company


Question 131
Cash & Fund Flow option is Under

a) Gateway of Tally
b) Staturoty reports
c) Display
d) Vouchers


Question 132
Create Company option is Under

a) Gateway of Tally
b) Company Info
c) Display
d) Configuration


Question 133
Select Company option is Under

a) Gateway of Tally
b) Company Info
c) Display
d) None of these


Question 134
The feature “Enable Value added Tax (VAT)” from

a) Gateway of Tally
b) Profit & Loss A/C
c) Inventory features
d) Statutory & Taxation

Question 135
Use Security Control is viewed from

a) Gateway of Tally
b) Accounting of features
c) Company creation/Alteration
d) Config


Question 136
Duties & Taxes is the name of

a) Group
b) Ledger
c) Configuration
d) Features


Question 137
Inventory Means

a) Group
b) Godown
c) Stock
d) None of these


Question 138
HSN Stands for

a) Human System of Nomenclature
b) Harmonished Situation of Nomenclature
c) Harmonished System of Nomenclature
d) None of These

Question 139
_ system helps to copy the data from one company to another company.

a) Import data
b) Copy Tally Data
c) Export data
d) Data migration

Question 140
Suspense A/C is defined under __ group.

a) Income
b) Expenditure
c) Assets
d) Liabilities



Question 141
Drawings A/C is under

a) Indirect Expenses
b) Direct Expenses
c) Capital A/C
d) Reserve & Surpus


Question 142
VAT payable should be compute when

a) Input VAT> Output VAT
b) Input VAT = Output VAT
c) Input VAT < Output VAT
d) When display only Output VAT

Question 143
_ feature helps to display Trading account.

a) Integrate Accounts & Inventory
b) Integrate Accounts
c) Integrate Inventory
d) Integrate Accounts & statutory


Question 144
“Scenarios” option related with ____feature.

a) Inventory features
b) Use Reversing Journals and optional Voucher
c) Maintain Scenarios system
d) Activate Scenarios and Budget


Question 145
Stock Item creates from

a) Inventory Info > Stock Item
b) Accounts Info > Stock Item
c) Inventory Books > Stock Item
d) Statement of Inventory > Stock Item


Question 146
LTU is stands for

a) Last Tax Unit
b) Large Tax Payer Unit
c) Local Tax Unit
d) None of These


Question 147
Allow component list details (Bill of Materials)”option is activated for

a) Ledger
b) Cost Centre
c) Stock Item
d) Stock Group


Question 148
Std Cost and Std Price – Both options is viewed under

a) Ledger Creation
b) Company Creation
c) Stock Item Creation
d) None


Question 149
Closing Stock Ledger is defined under

a) Loan(Liability)
b) Stock-in- hand
c) Suspense
d) Secured Loans


Question 150
The Ledger “Outstanding Rent” is defined under group

a) Loan(Liability)
b) Current Liability
c) Loans & Advances
d) Sales Acclunts


Question 151
Which feature should be activate “Credit Limit” option?

a) Maintain Budgets and Controls
b) Maintain Bill wise details
c) Use Purchase Invoice format
d) None of these

Question 152
To activate Job Costing which option required to activated?

a) Maintain Cost Centres
b) Use Cost centres for Job Costing
c) Use 1 and 2
d) None of these


Question 153
Which report will display stock report that is exist in Gateway of Tally?

a) Movement Analysis
b) Ageing Analysis
c) Stock Summary
d) Stock Item List


Question 154
Who is co-founder of Tally?

a) Mr. Bharat Goenka
b) Mr. Sunish Keshi
c) Mr. Daya Krishna Goyel
d) Mr. Kapil Goyel


Question 155
Mention the purpose of “Alt+F7” while creating voucher Payment

a) Voucher
b) Journal
c) Stock Journal
d) Delete Voucher


Question 156
Supplier Invoice No’ will display in__________.

a) Payment Voucher
b) Receipt Voucher
c) Journal Voucher
d) Purchase Voucher


Question 157
Which voucher type helps to passing the post dated entry?

a) Payment Voucher
b) Post Dated Voucher
c) Journal Voucher
d) Receipt Voucher


Question 158
PAN Stands For

a) Permanent Account Notification
b) Personal Account Number
c) Permanent Account Number
d) None of These


Question 159
ALT + F10 is used for __

a) Physical Stock Voucher
b) Reversing journal
c) Journal Voucher
d) Memorandum Voucher

Question 160
Manufacturing Journal should be create based on

a) Physical Stock Voucher
b) Stock Journal
c) Memorandam voucher
d) Reversing journal


Question 161
We have to use____ voucher for transfer the item from one godown to another godown.

a) Physical Stock Voucher
b) Stock Journal
c) Memo Voucher
d) Rejection Out


Question 162
What is the name of default godown?

a) Primary Godown
b) Main Godown
c) Main Location
d) Primary Warehouse


Question 163
Taxable reports will display from

a) Profit & Loss A/C
b) Balance Sheet
c) Statutory Report
d) Trial Balance


Question 164
Which report will display daily transactions in Tally?

a) Profit & Loss A/C
b) Balance Sheet
c) Day Book
d) Trial Balance


Question 165
Which report will display for Receipt Note?

a) Purchase register
b) Sales register
c) Purchase Bill Pending
d) Sales Bill Pending


Question 166
We Can Display The Working Capital From

a) Ratio Analysis
b) Display
c) Cash/Bank Books
d) Statements of Inventor


Question 167
“Tracking Number” displays on _______voucher.

a) Receipt voucher
b) Payment voucher
c) Receipt Note
d) Sales order


Question 168
We have to use Input VAT and Output VAT in ________type of VAT.

a) Regular VAT
b) Composition VAT
c) Composition to Regular
d) CENVAT

Question 169
Form 16A is a statement of TDS which is applied for

a) Salaried person
b) Managing Director
c) Director
d) Non Salaried person


Question 170
The options “as Voucher” “as invoice” is applicable for

a) Sales Entry
b) Purchase Entry
c) Both- Sales / Purchase Entry
d) Journal Entry


Question 171
We can create multiple users in Tally by

a) Security Control
b) Tally Audit
c) Both 1 and 2
d) None of these


Question 172
We can see Balance sheet in “Detailed” mode another mode is

a) Small Mode
b) Combine Mode
c) Condensed Mode
d) Inventory Mode


Question 173
Tally Audit report will display from

a) Statement of Account
b) Statement of Inventory
c) Account Books
d) Inventory Books


Question 174
Receipts And Payments Accounts Is Under

a) Statements of Inventory
b) Ratio Analysis
c) Cash/Bank Books
d) Display


Question 175
ALT +F7 is used for_________

a) Stock Journal
b) Physical Stock Voucher
c) Sales Voucher
d) Memorandum Voucher

Question 176
We can Adjust Stock Level Using

a) Stock Journal
b) Physical Stock Journal
c) Journal
d) None of These


Question 177
We can Transfer Stock Using

a) Stock Journal
b) Physical Stock Journal
c) Journal
d) None of These


Question 178
While creating Sales Voucher the Party’s name is a type ofr

a) Sundry Debtors
b) Sundry Creditos
c) Bank A/C s
d) Propertier


Question 179
TDL Stands for

a) Tally Defination Language
b) Tally Default Language
c) Tally Direction Language
d) None of These


Question 180
What are the professional versions of Tally, that are available in the market?

a) Tally Silver and Tally Gold
b) Tally Silver and Tally Diamond
c) Tally Gold and Tally Diamond
d) Tally Diamond and Tally Platinum


Question 181
Tally Financial Package is registered under

a) Tally9
b) Tally Solutions Pvt. Ltd.
c) Birla Sun
d) Ultratech


Question 182
What is the full form of TSPL?

a) Tata System Pvt. Ltd.
b) Tally Solutions Pvt. Ltd.
c) Tata Steel Pvt. Ltd.
d) Tally System Pvt. Ltd.


Question 183
TAN Stands For

a) Tax Assessment Number
b) Temporary Account Number
c) Tax Account Number
d) None of These


Question 184
Maintain bill by press

a) F11
b) F2
c) F1
d) None


Question 185
TCS Stands For

a) Tax Council Syndicate
b) Tax Collected System
c) None Of These
d) Tax Collected At Source

Question 186
Vat TIN where “TIN” stands for

a) Tax Internal Number
b) Tax Identification Number
c) Tax Internet Needed
d) Tally Internal Number


Question 187
C Form is issued for

a) TCS
b) Excise
c) CST
d) VAT


Question 188
VAT Stands For

a) Value Additional Tax
b) Vital Additional Tax
c) None of These
d) Value Added Tax


Question 189
Tariff Commodity is related with

a) VAT and Excise
b) VAT
c) Excise
d) Service Tax


Question 190
If you want to change the view of voucher type, using by Voucher type

a) Alter
b) Name of Class
c) Day Book
d) From Ledger


Question 191
Excise Duty Is Two Types

a) False
b) True
c) Both
d) None Of These


Question 192
In Gateway Of Tally Company Name Display

a) False
b) True
c) Both
d) None


Question 193
Mailing Name Arise Automatic

a) False
b) True
c) Both
d) None Of These

Question 194
We can not create budgets in Tally

a) False
b) True
c) Both
d) None


Question195
We have to give state name during company creation

a) False
b) True
c) Both
d) None


Question 196
Tally Show Current Day Of Transaction

a) True
b) False
c) Both
d) None


Question 197
Trading A/C Can Not Display In Tally

a) True
b) False
c) Both
d) None of These


Question 198
We Can Display Income & Expenditure Statement Instead of P/L A/C

a) True
b) False
c) Both
d) None of These


Question 199
Currency Symbol Arise Automatic

a) True
b) False
c) Both
d) None Of These


Question 200
During Stock Journal Can We Display Stock Status

a) True
b) False
c) Both
d) None Of These


Question 201
In Gateway Of Tally Current Period Does Not Display

a) True
b) False
c) Both
d) None


Question 202
PAN Card Numbering containing 10 Digits

a) True
b) False
c) Unlimited
d) All are correct

Question 203
Security Creation is compulsory For Tally Audit

a) True
b) False
c) Both
d) None


Question 204
Tally Vault Password help to hide co.name

a) True
b) False
c) Both
d) None


Question 205
Tan No. 10 Digits

a) True
b) False
c) Both
d) None


Question 206
Using ACCTS only we can Maintain Stock

a) True
b) False
c) Both
d) None


Question 207
Using Security Control option have to give Admin. name

a) True
b) False
c) Both
d) None


Question 208
We Can Apply Single Entry System In Tally

a) True
b) False
c) Both
d) None


Question 209
We Can Audit In Tally

a) True
b) False
c) Both
d) None


Question 210
We Can Display Balance Sheet As Per Schedule Vi

a) True
b) False
c) Both
d) None

Question 211
We Can Set Voucher Numbering Manualy

a) True
b) False
c) Both
d) None


Question 212
We Can Sort A Particular Voucher Type From Day Book

a) True
b) False
c) Both
d) None


Question213
We Have To Create Security For Remote Accsessing

a) True
b) False
c) Both
d) None


Question 214
We Have to give first date of financial year during company creation

a) True
b) False
c) Both
d) None


Question 215
We Have to give last date of financial year during company creation

a) True
b) False
c) Both
d) None


Question 216
Tally:-How many options related to Company Features?

a) 3
b) 4
c) 2
d) 5


Question 217
Tally:-We Can Display All Post Dated Voucher From

a) Exception Reports
b) Ratio Analysis
c) Exception Reports
d) Statements of Inventory


Question 218
Tally:-On which of the following incomes TDS in not applied?

a) Advertisement Income
b) Cable Operator
c) Rent income land or home
d) Insurance Commission

Question 219
Tally:- We can show bill wise details of Debtors and Creditors by activating

a) Bill by Bill
b) Maintain Bill wise details
c) Activate Bill Referances
d) Activate Bill Details


Question 220
Tally:- Which unit is created for stock items like sugar, oil, ghee etc.?

a) Box
b) Pcs
c) Kgs
d) None of these


Question 221
Tally:-TDS is applied on which of the following incomes?

a) Commission of lottery ticket
b) Professional Fee
c) Salary (Contract)
d) All of these


Question 222
Tally:- We can repeat narration by pressing

a) Ctrl +A
b) Ctrl +R
c) Ctrl +R
d) Alt + C


Question 223
Tally:-Which report will display the memorandum entries?

a) Day Book
b) Trial Balance
c) Exception Report
d) Balance Sheet


Question 224
Tally:- Which option is used for departmental transactions in Tally?

a) Document Class
b) Vector Master
c) Cost Centres
d) Maintain 1 and 2


Question 225
Tally:- Memorandum Voucher is used to

a) Enter entry having multiple account effect
b) For entries regarding bank overdraft
c) Remind entry which may have effect in future
d) None of these

Question 226
Tally:- Multi currency under option comes under __________screen of F11 feature.

a) F1
b) F2
c) F3
d) F4

Question 227
Tally:- Companies pan card numbershould enter in _

a) F11-F3
b) F11-F2
c) F12
d) F11-F1

Question 228
Tally:- Data backup menu found in?

a) Gate of Tally – Alt +F1
b) Gate of Tally – Alt +F3
c) Gate of Tally – Alt +F2
d) Gate of Tally – Alt + F12


Question 229
Tally:- Which menu appears after starting Tally for the first time?

a) Gateway of Tally
b) Display
c) Company Info
d) None of These

Question 230
Tally:- The Trail Balance statement is a List of __

a) Groups
b) Items
c) Asstes
d) Ledger

Question 231
Tally:- In Tally ERP in for importing data required format_______?

a) HTML
b) CSV
c) Xml
d) Excel



Question 232
Tally:- Cash in hand & bank A/C balance helps for________

a) Inventory
b) Sales performance
c) Payment Decision
d) None of These


Question 233
Tally:- Which shortcut key is used to enabled TDS

a) F9
b) F11
c) F12
d) ALT+ F12


Question 234
Tally:-How many secondary groups in tally

a) 15
b) 13
c) 28
d) 3


Question 235
Tally:- Which of the following can be budgeted in Tally?

a) Net Transactions
b) Closing Balance
c) both 1 and 2
d) none of these


Question 236
Tally:- Pos invoice comes under voucher type_______

a) Payment
b) Sales
c) Purchase
d) Journal

Question237
Tally:- If we purchase any fixed asset in credit, we can pass the entry from

a) Payment Mode
b) Journal Mode
c) Receipt Mode
d) Contra Mode


Question 238
Tally:- TDS deduction entry can be made through

a) Payment Voucher
b) Journal Voucher
c) Receipt Voucher
d) None of these


Question 239
Tally:- What is the utility of Scenaios feature? It will display a company’s

a) Present financial condition
b) Previous financial condition
c) Future financial condition
d) making procedure of Balance sheet


Question 240
Tally:- What is the default cost category name of Tally?

a) Primary Cost Category
b) Primary Category
c) Primary Cost Centres
d) Primary Centres


Question241
Tally:-What is the name of the default godown?

a) Primary Godown
b) Maintain Godown
c) Main Location
d) Primary Warehouse


Question 242
Tally: Single Entry mode is applicable for

a) Receipt Voucher]
b) Payment Voucher
c) Contra
d) All of these


Question 243
Tally: – Which report are prepared monthly in Tally

a) Prifit and Loss A/C
b) Balance Sheet
c) Trial balance
d) Cash flow and Found flow


Question 244
Tally:- Discount Column is available is available in

a) Sales Invoice
b) Purchase Invoice
c) Both 1 and 2
d) Contra

Question 245
Tally:- A Debit note is a statement sent to the_____ by the _

a) Seller , buyer
b) Buyer , Saller
c) Customer , Seller
d) Creditor , Saller


Question 246
Tally:- According to law who has to pay TDS to the Income Tax Department?

a) Service Receiver
b) Service Provider
c) Service Receiver and Service Provider both
d) There is no such provision


Question 247
Tally:- Alias represents

a) Short name
b) Code Name
c) Nick Name
d) All of these


Question 248
Tally:- In F12 configuration of accounting voucher which field will aid you to enable faster data
entry?

a) Show bill-wise detail
b) Show ledger current balance
c) Skip date field in create mode
d) Show Inventory details


Question 249
Tally:- In case of personal Accounts Credit effect goes with

a) Sometimes to giver & sometimes to take
b) Bank Account
c) The Receiver
d) The Giver


Question 250
Tally:- Which option is used to move from one company to another when move than one companies
are open

a) Company Info
b) Select company
c) Shut Company
d) Company


Question 251
Tally:- What is required for activating Tally.Net Remote access?

a) Tally:- Net password Tally.
b) Net Username & password
c) Tally admin username & password
d) Tally vault password


Question 252
Tally:- Which challan used for service tax payment?

a) TR-4
b) TR-1
c) TR-6
d) TR-3

Question 253
Tally:- Compound unit is created using?

a) Two Simple Unit
b) One simple & one compound
c) Two compound unit
d) None of them


Question 254
Tally:- Which option is used to view list of primary and secondary group in tally

a) List of accounts
b) List
c) Accounts
d) None of these


Question 255
Tally:- MRP formulas for inclusive of VAT is

a) {VAT% *(MRP * Qty)}/100
b) (100*Rate of Vat)/(100+Rate of VAT)
c) Both 1 & 2
d) NONE

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