TALLY
9.0
1. Tally
package is developed by-
a)
Peutronics
b. Tally Solutions,
c. Coral Softwares, d. Vedika Softwares
Answer: b. Tally Solutions
2. We can change the Company Information from
a. Company Info > Back up
b. Company Info > Alter
c. Company Info > Split Company Data
d. None of these
Answer: b. Company Info > Alter
3. Company Restore option is available in
a. Company Features
b. Company Information
c. Configuration
d. None of these
Answer:
b. Company Information
4. In general the Financial year from shall be
from
a. 1st April of any year
b. 31st March of any year
c. All of them are true
d. None of these
Answer: a. 1st April of any year
5. We can Modify an existing Company from
a.
Company Info > Alter
b.
Company Info > Alter Company
c. Gateway of Tally > Modify Company
d. None of these
Answer: b Company Info >
Alter
6. To change Current Date from Gateway of
Tally press the key
a.
F1, b.
F5
c. F2 d.
F9
Answer: c. F2
7. Party account can be created through
a. a\ Group creation window
B b Ledger creation window
c. c Inventory creation window
d. d. Any one of them
Answer: Ledger creation window
8. A ledger may get declaration space for
its Alias through
a. A. F12
b. F11
c. Alt + F1
d. Alt + F2
Answer: F12
9. F12 is known as
a.
Company Features
b. Company Configuration
c. Accounting Features
d. None of these
Answer: b. Company Configuration
10. What is the utility of Tally Vault Password?
a. It will lock the period of Company
b It will lock all voucher entries for that Company
c. It will not show the Company Name in the Company Select List.
d. None of these
Answer:
c. It will not show the Company Name in the Company Select List.
11. We can show Bill wise details of Debtors and Creditors by
activating
a. Bill by bill
b. Maintain Bill wise Details
c. Maintain References
d. None of these
Answer:
b. Maintain Bill wise Details
12. The shortcut key to quit
from Tally is
a. Ctrl + L
b. Ctrl + P
c. Ctrl + M
d. Ctrl+Q
Answer:
d.
Ctrl+Q
13. A Ledger can't
be deleted if it is caring Opening Balance
a. True
b.
False
Answer:
a. True
14. How many inbuilt Accounts
group are in tally by default?
a. 29
b. 31
c. 25
d. 34
Answer:
a. 29
15. The shortcut used to
activate calculator is
a. Ctrl + N
b. Ctrl + M
c. Ctrl + A
d. Ctrl + B
Answer:
a. Ctrl + N
16. Suspense Account Group is
defined under
a. Income
b. Expenditure
c. Liabilities
d. Assets
Answer:
a. Income
17.To activate MRP feature from
Gateway of Tally initially we need to press
a. F11
b. F12
c. F10
d. Alt + F1
Answer:
a. F11
18. MRP formula for inclusive of
vat is
a.{vat%*(MRP *
QTY)}/100
b. (100*rate of vat)/(100+rateof
vat)
c. Both a & b
d. None of these
Answer:
a.{vat%*(MRP * QTY)}/100
19. Manufacturing Journal
creates based on
a. Journal
b. Receipt Note
c. Stock Journal
d. Purchase Quotation
Answer:
a. Journal
20. To create Manufacturing
Journal which option must be activated?
a. Use Common
Narration
b. Narrations for each entry
c. Prefill with Zero
c.
Use as manufacturing Journal
Answer:
b. Narrations for each entry
21. How many types of Measurement Units we can create in Tally?
a. 2
b. 3
c. 5
d. Unlimited
Answer:
a. 2
22. To activate Job Costing which options require to be activated?
a. Maintain Cost Centre
b. Use Cost Centre for Job Costing
c. Both a & b
d. None of these
Answer:
b. Use Cost Centre for Job Costing
23. Multiple Godowns are activated from
a. F11
b. F11 > F1
c. F11 > F2
d. F11 > F3
Answer:
b. F11 > F1
24. There are _________ predefined ledgers
a. One
b. Three
c. Two
d. Four
Answer:
c. Two
25. We can see list of Memorandum Vouchers from
a. Cash/Bank
Books
b. Exception Reports
c. Accounts Books
d. Trail Balance
Answer:
b. Exception Reports
26. To print a voucher from Tally we need to press
a. Ctrl + P
b. Shift + P
c. Alt + P
d. Ctrl + Alt + P
Answer:
c. Alt + P
27. We can see
Working Capital figure changing
a.
Voucher configuration
b. Profit & Loss configuration
c. Balance Sheet configuration
d. Ledger configuration
Answer:
c. Balance Sheet configuration
28. Input Vat Ledger is created under which account?
a. Duties
& Taxes
b. Sales
c. Sales Return
d. None of these
Answer:
a. Duties & Taxes
29. We can create multiple users in Tally activating
a.
Tally Audit
b. Use Security Control
c. Both (a) and (b)
d. None of these
Answer: b. Use Security Control
30.“Allow components list details (Bill of Materials)” option is activated
for
a. Ledgers
b. Cost Category
c. Stock Items
d. Budgets
Answer:
c. Stock Items
31. Retained Earnings is an alias of
a. Indirect Income
b. Reserve and Surplus
c. Capital Account
d. Investments
Answer: b. Reserve and Surplus
32. We can repeat narration by pressing
a. Shift + R
b. Alt + R
c. Ctrl +
R
d. Alt + Shift + R
Answer:
c. Ctrl + R
33. What is MRP?
a. Market Price
b. Maximum Retail Price
c. Marginal Price
d. Minimum Retail Price
Answer:
b. Maximum Retail Price
34. We can use Stock Journal
for
a. Production and Consumption
b. Inter Godown transfer for stock
c. Both (a) and (b)
d. None of these
Answer:
c. Both (a) and (b)
35. Discount Column is available
in
a. Sales Invoice
b. Purchase Invoice
c. Both (a) and (b)
d. None of these
Answer:
c. Both (a) and (b)
36. We can get the report of
Interest from
a. Account
Books
b. Cash and Fund flow
c. Inventory Books
d. Statements of Accounts
Answer: d. Statements of Accounts
37. We can cancel a
voucher using
a. Alt +
X
b. Ctrl + X
c. Shift + X
d. Ctrl + Shift + X
Answer:
a. Alt + X
38. To see reports of Job
Work Analysis
a. Display-Statement of a/cs
b. Display-Statement of a/cs-Job Work Analysis
c. Display-Statement of a/cs-Cost Center-Job work
d. None of these
Answer:
c. Display-Statement of a/cs-Cost Center-Job work
39. For reconciliation of Bank press
a. F12
b. F10
c. F5
d. F6
Answer:
c. F5
40. We can't select cash in
Journal Voucher
a. True
b. False
Answer:
a. True
41. To create Scenario
which option require to be activated?
a. Use Rev Journal & Optional voucher in F12
b. Use Optional voucher
in F11
c. Use Reversing voucher in F11
d. Use Rev journal & Optional voucher in F11
Answer:
d. Use Rev Journal & Optional voucher in F11
42. Optional Voucher is
one type of
a. Conventional Voucher
b. Unconventional Voucher
c. Both (a) & (b)
d.
None of these
Answer:
c. Both (a) & (b)
43. TDS deduction entry can be
made through
a. Payment Voucher
b. Journal Voucher
c. Receipt Voucher
d. All of these
Answer: b. Journal Voucher
44. To create Purchase Order press
a. Alt + F4
b. Ctrl + F4
c. F4
d. None of these
Answer:
a. Alt + F4
45. List of Optional Voucher we can get from
a.
Cash Bank Books
b.
Exceptional Reports
c.
Accounts Books
d.
Balance Sheet
Answer: b. Exceptional Reports
46. Input Vat Credit on Capital goods should be defined under
a. Capital Account
b. Current Liabilities
c. Duties & Taxes
d. Misc. Expenses (Assets)
Answer: c. Duties & Taxes
47. Single Entry mode is applicable for
a. Receipt Voucher
b. Contra
Voucher
c. Payment Voucher
d. All of these
Answer:
d. All of these
48. Online voucher creation from
Day Book report by pressing
a. Ctrl + A
b. Shift + A
c. Alt + A
d. None of these
Answer:
c. Alt + A
49. Reversing journal is a
a. Conventional Voucher
b. Unconventional Voucher
c. Both (a) and (b)
d. None of these
Answer:
a. Conventional Voucher
50. To hide the name of the
Company you need to define
a. Security Control
b. Tally Audit
c. Create at least one User
d. Tally Vault Password
Answer: d. Tally Vault Password
51. To declare a voucher as Post Dated press
a. Ctrl + T
b. Alt + T
c. Ctrl + P
d. Ctrl + D
Answer: a. Ctrl + T
52. We can switch from Accounting Voucher to Inventory Voucher pressing
a. F2
b. Alt +F1
c. Ctrl + F1
d. F11
Answer:
d. F11
53. Goods returning to a Creditor after challan but before bill
we need to pass
a. Debit Note
b. Receipt Note
c. Rejection Out
D. Rejection In
Answer: c. Rejection Out
54. Branch / Division is a group defined under
a. A. Liabilities
b.
Assets
c.
Income
d.
Expenditure
Answer: a. Liabilities
55. To use Dr/Cr instead of To/By during Voucher entry or vice
versa, Press
a. F10
b. F12
c. F11
d. None of these
Answer: b. F12
56. For Export of Data from Company to Company Tally uses
a. SDF Format
b. ASCII Format
c. XML Format
d. All of these
Answer: c. XML Format
57. Voucher class is a pre defined voucher type that helps to
a. Automatic Entry
b. Automatic Calculation
c. Minimize Errors
d. All of these
Answer:
d. All of these
58. To alter a master while making an entry or viewing a report
a. Alt + Enter
b. Shift + Enter
c. Ctrl + Enter
d. Tab + Enter
Answer:
c. Ctrl + Enter
59. To view the TDS report go to
a. Display > Statements of Accounts > TDS Outstanding > TDSComputation
b. Accounts Book > TDS Outstanding > TDS Computation
c. Display > TDS Outstanding > TDS Computation
d,. None of these
Answer: a. Display > Statements of Accounts > TDS Outstanding > TDSComputation
60. To show the cheque number
while reconciling Bank Accounts press
a. F11
b. F 12
c. CTRL + F11
d. CTRL + F12
Answer:
b. F 12
61. Data Folder of a Company consists of
a. 3 digits
b. 4 digits
c. 6 digits
d. 5 digits
Answer:
d. 5 digits
62. Total number of Ledgers, Groups, Entries etc. can be shown
from
a. Tally Audit
b. Statistics
c. Accounts Information
d. Company Information
Answer:
b. Statistics
63. Voucher Class for Interest calculation created based on
a. Journal Voucher
b. Debit and Credit Note
c. Receipt and Payment Voucher
d. Both (a) and (b)
Answer: b. Debit and Credit Note
64. ETCS means
a. Enable Tax Collected at Source
b. Electronic Tax Collected at
Source
c. Electric Tax Collected at Source
d. None of these
Answer:
b. Electronic Tax Collected at
Source
65. What is TAN?
a. Tax Account Number
b. Tax Assessment Number
c. Tax Assignment Number
d. None of these
Answer: b. Tax Assessment Number
66. To get Payroll Reports
choose
a. Gateway of Tally > Display
b. Gateway of Tally > Display > Statement of Accounts
c. Gateway of Tally > Display > Statement of Payroll
d. Gateway of Tally > Display > Payroll Reports
Answer:
d. Gateway of Tally > Display > Payroll Reports
67. Payroll Auto fill is done
through
a. Ctrl + A
b. Alt + A
c. Ctrl + B
d. Alt + B
Answer: b. Alt + A
68. To see Gratuity Reports go
to
a. Gateway of Tally > Display > Payroll Report > Gratuity
b. Gateway of Tally > Display > Gratuity Report
c. Gateway of Tally
> Display > Statement of Accounts > Gratuity Reports
d. None of these
Answer:
a. Gateway of Tally > Display > Payroll Report > Gratuity
69. At the time of
Branch Transfer, Sales ledger is created under which Vat/Tax Class?
a. Export
b. Consignment/Branch Transfer Outward
c. Sales with Vat rate
d. None of these
Answer:
b. Consignment/Branch Transfer Outward
70. Memorandum Voucher does not
affect Books of Accounts.
a. True
b. False
Answer:
a. True
71. To remove a line at all
reports screen, shortcut is
a. Alt + R
b. Alt + S
c. Alt + 1
d. Alt + T
Answer: a. Alt + R
72. There is no difference
between Shut Company & Delete Company.
a. True
b. False
Answer:
b. False
73. How can we see Vat Reports?
a. Gateway of Tally > Display
b. Gateway of Tally > Vat Reports
c. Gateway of Tally > Display > Statutory Info
d. Gateway of Tally > Display> Statutory Reports
Answer: d. Gateway of Tally > Display> Statutory Reports
74. BOM represents
a. Billing of
Machines
b. Bill of Materials
c. Bill of Maintenance
d. None of these
Answer: b. Bill of Materials
75. What is the full form of
TCS?
a. Tax Collected by
Staff
b. Tax Consumption at Source
c. Tax Collected at Source
d. Tax Collected from Sales
Answer:
c. Tax Collected at Source
76. The shortcut used for
Sales Order is
a. Alt+F4
b. Alt+F5
c. Alt+F7
d. Alt+F8
Answer: b. Alt+F5
77. Bank OCC a/c is a group
defined under
a. Bank
Account
b. Secured Loan
c. Unsecured Loan
d. Loan & Liability
Answer: d. Loan & Liability
78. Sales Tax Ledger falls under
which Group?
a. Indirect Expenses
b. Duties and Taxes
c. Sales
d. Purchases
Answer:
b.
Duties and Taxes
79. "Alias"
represents
a. Short name
b. Nick name
c. Code name
d. All of these
Answer: d. All of these
80. To change the date, shortcut
used
a.
Alt+F2
b. Alt+F3
c. F2
d. F1
Answer:
c. F2
81. If we purchase any Fixed asset in credit, we can pass it from
a. Payment mode
b. Receipt mode
c. Journal mode
d. Contra mode
Answer:
c. Journal mode
82. To save
entry without any amount, we have to use
a. Cost Center
b. Maintain Multiple godown
c. Allow O value entry
d. Use Rej. Notes
Answer:
c. Allow O value entry
83. To see the report of
Unconventional vouchers go to
a. Display-Day Book
b. Display-Account Books
c. Display-Exception Reports
d. Display-Trial Balance
Answer:
c. Display-Exception Reports
84. The shortcut used for
Optional vouchers is
a. Ctrl + N
b. Ctrl + M
c. Ctrl + A
d. Ctrl + L
Answer:
d. Ctrl + L
85. Transfer of materials from
one godown to another godown, use
a. Manufacturing Journal
b. Stock Journal
c. Purchase Journal
c. Both A & B
Answer: b. Stock Journal
86. BOM represents Bill of
Materials.
a. True
d. False
Answer: a.
True
87. Recording of actual stock as
physically verified or counted is done through
a. Journal
b. Stock Journal
c. Physical Stock
d. Sales
Answer:
c. Physical Stock
88. Predefined Billing terms can
be maintained through
a. Cost
Center
b. Voucher Class
c. Maintain Multiple Godowns
d. Stock Categories
Answer: b. Voucher Class
89. How many formats are
available while Exporting?
a. 5
b. 4
c. 3
d. 2
Answer: c. 3
90. While exporting Ledgers from
Tally to Web Page, we use
a. XML Format
b. ASCII Format
c. SDF Format
d. HTML Format
Answer:
d. HTML Format
91. Budget represents ……………………
a. Estimation
b. Forecasting
c. Assumption
d. All of these
Answer:
d. All of these
92. To see any report in
detailed way, press
a. Alt+F2
b. F2
c. Alt + C
d. Alt+F1
Answer: d. Alt+F1
93. In Service tax Credit
Adjustment (%) should be either
a. 20%
b. 100%
c. Both a & b
d. 30%
Answer: c. Both a & b
94. Service Tax Report can be
seen from
a. Display > Day
Book
b. Display > Account Books
c. Display > Statutory Masters
d. Display > Statutory Reports
Answer:
d. Display > Statutory Reports
95. Can we allow
Expenses/Fixed Assets in Purchase vouchers?
a. Yes
b. No
Answer:
a. Yes
96. Transfer from Main
Cash to Petty Cash you require to pass ……………… voucher.
a. Payment
b. Contra
c. Receipt
d. None of these
Answer: b. Contra
97. If the Financial Year from
is 1st April 2005 and the Books Beginning from is 1stJanuary 2006 then what
will be the Closing Date?
a. 31st Dec 2006
b. 31st March 2006
c. 31st December 2005
d. None of these
Answer:
b. 31st March 2006
98. Income Tax number of
the Company will appear in which report?
a. Cash/Bank Book
b. Profit and Loss A/c
c. Reminder Letter
d. None of these
Answer:
d. None of these
99. Patent account falls
under
a. Investments
b. Liabilities
c. Current Assets
d. None of these
Answer: d. None of these
100. Find out which is not a
Default Ledger in Tally.
a. A. Cash in Hand
b. Capital Account
c. Profit & Loss
d. None of these
Answer: b. Capital Account
No comments:
Post a Comment