1. Tally package is developed by A. Microsoft B. Tally Solutions C. Adobe Software D. Apple Software. Answer: B

Transcription

1 1. Tally package is developed by A. Microsoft B. Tally Solutions C. Adobe Software D. Apple Software 2. What is TAN? A. Tax Account Number B. Tax Assign Number C. Tax Absorb Number D. Tax Assessment Number 3. How many types of Measurement Units we can create in Tally? A. 1 B. 2 C. 3 D How many formats are available while Exporting? A. 1 B. 2 C. 3 D What is the full of TCS? A. Tax Collected at Source B. Tax Collected by Staff C. Tax Consumption at Source D. Tax Collected from Sales 6. Income Tax number of the company will appear in which report? A. Cash/Bank Book B. Reminder Letter C. Payment voucher D. Proft and Loss Account

2 7. Online voucher creation from Day Book report by pressing A. Shift + B B. Ctrl + A C. Alt + A D. Shift + A 8. Predefined Billing terms can be maintained through A. Maintain Multiple Godowns B. Voucher Class C. Stock Categories D. Cost Center 9. Manufacturing Journal creates based on A. Receipt Note B. Journal C. Purchase Quotation D. Stock Journal 10. We can create multiple users in Tally activating A. Tally Audit B. Use Security Control C. Maintain VAT D. None of these 11. Data Folder of a Company consists of A. 5 digits B. 6 digits C. 7 digits D. 8 digits

3 12. The shortcut key to quit from Tally is A. Ctrl + L B. Ctrl + M C. Ctrl + P D. Ctrl + Q 13. How many inbuilt Accounts group are in Tally by default? A. 32 B. 34 C. 36 D Single Entry mode is applicable for A. Receipt Voucher B. Payment Voucher C. Contra Voucher D. All of these 15. Sales Tax Ledger falls under which Group? A. Duties and Taxes B. Indirect Expenses C. Purchases D. Sales 16. To change Current Date from Gateway of Tally press the key A. F1 B. F2 C. F3 D. F4 17. BOM represents A. Billing Of Machine B. Billing Of Machines C. Bill Of Maintenance D. Bill Of Materials

4 18. Input Vat Ledger is created under which account? A. Duties and Taxes B. Sales Return C. Sales D. None of these 19. Branch / Division is a group defined under A. Assets B. Liabilities C. Income D. Expenditure 20. Suspense Account Group is defined under A. Assets B. Liabilities C. Income D. Expenditure 21. To change the date, shortcut used A. F1 B. F2 C. F3 D. F4 22. To hide the name of the Company you need to define A. Profit voucher B. Report Voucher C. Conventional Voucher D. Unconventional Voucher

5 23. F12 is known as A. Company Features B. Company Information C. Company Configuration D. None of these 24. Company Restore option is available in A. Company Information B. Tax C. Company Configuration D. Company Features 25. What is MRP? A. Market Price B. Marginal Price C. Minimum Retail Price D. Maximum Retail Price 26. To declare a voucher as Post Dated press A. Ctrl + H B. Ctrl + L C. Ctrl + T D. Ctrl + P 27. While exporting Ledgers from Tally to Web Page, we use A. HTML Format B. SDF Format C. XML Format D. ASCII Format 28. Party account can be created through A. Drawing creation window B. Ledger creation window C. Group creation window D. Inventory creation window

6 29. Voucher Class for Interest calculation created based on A. Journal Voucher B. Receipt and Payment Voucher C. Both a and b D. Debit and Credit Note 30. The shortcut used to activate calculator is A. Ctrl + N B. Ctrl + O C. Ctrl + P D. Ctrl + Q 31. A ledger may get declaration space for its Alias through A. F11 B. F12 C. F13 D. F For Export of Data from Company to Company Tally users A. SDF Format B. PDF Format C. XML Format D. ASCII Format 33. ETCS means A. Electronic Tax Collected at Source B. Enable Tax Collected at Source C. Electric Tax Collected at Source D. Electronic Tax Collection at Source

7 34. List of Optional Voucher we can get from A. Cash Bank Books B. Accounts Books C. Exceptional Reports D. Balance Sheet 35. There are... predefined ledgers. A. 1 B. 2 C. 3 D Payroll Auto fill is done thorugh A. Ctrl + A B. Ctrl + B C. Alt + A D. Alt + B 37. To activate MRP features from Gateway of Tally initially we need to press A. F11 B. F12 C. F13 D. F Total number of Ledgers, Groups, Entries etc. can be shown from A. Tally Audit B. Accouts Information C. Company Information D. Statistics 39. The shortcut used for Optional vouchers is A. Ctrl + A B. Ctrl + L C. Ctrl + M D. Ctrl + B

8 40. Find out which is not a Default Ledger in Tally. A. Capital Account B. Profit and Loss C. Cash in Hand D. None of these 41. For reconciliation of Bank press A. F5 B. F6 C. F7 D. F8 42. To see any report in detailed way, press A. Alt + F4 B. Alt + F3 C. Alt + F2 D. Alt + F1 43. We can see list of Memorandum Vouchers from A. Cash/Bank Books B. Exception Reports C. Account Books D. Trail Balance 44. Transfer from Main Cash to Petty Cash you require to pass... voucher. A. Payment B. Receipt C. Voucher D. Contra

9 45. We can switch from Accounting Voucher to Inventory Voucher pressing A. Alt + F1 B. Alt + F2 C. F11 D. F To show the cheque number while reconcilling Bank Accounts press A. F11 B. F12 C. F13 D. F In general the Financial year from A. 1st March of any year B. 1st May of any year C. 1st April of any year D. 9th September of any year 48. Recording of actual stock as physically verified or counted is done thorugh A. Sales B. Journal C. Stock Journal D. Physical Stock 49. Goods returning to a Creditor after challan but before bill we need to pass A. Rejection In B. Rejection Out C. Rejection Note D. Debit Note 50. To create Purchase Order press A. Alt + F4 B. Alt + F3 C. Alt + F2 D. Alt + F1

10 51. To print a voucher from Tally we need to press A. Ctrl + Alt + P B. Ctrl + P C. Alt + P D. Shift + P 52. Service Tax Report can be seen from A. Display > Statutory Masters B. Display > Statutory Reports C. Display > Account Books D. Display > Day Books 53. The Shortcut used for Sales Order is A. Alt + F5 B. Alt + F6 C. Alt + F7 D. Alt + F8 54. To view the TDS report go to A. Display > TDS Outstanding > TDS Computation C. Display > Statements of Accounts > TDS Outstanding > TDS Computation B. AccountsBook > TDS Outstanding > TDS Computation D. All of these 55. What is the utility of Tally Vault Password? A. It will lock the period of Company Sales B. It will lock the period of Company C. It will lock all voucher entries for that Company D. It will not show the Company Name in the Company Select List

11 56. Retained Earnings is an alias of A. Indirect Income B. Investments C. Reserve and Surplus D. None of these 57. To save entry without any amount, we have to use A. Use Rej. Notes B. Cost Center C. Maintain Multiplegodown D. Allow O value entry 58. To see the report of Unconventional vouchers go to A. Display Exception Reports B. Display Trail Balance C. Display Day book D. Display Account Books 59. We can show Bill wise details of Debtors and Creditors by activating A. Maintain Bill wise Details B. Maintain References C. Both a and b D. Bill by bill 60. Optional Voucher is one type of A. Conventional Voucher B. Accounting Voucer C. Both a and b D. Unconventional Voucher 61. At the time of Branch Transfer, Sales ledger is created under which Vat/Tax Class? A. Sales with VAT rate B. Consignment/ Branch Transfer Outward C. Export D. All of these

12 62. To activate Job Costing which options require to be activated? A. Use Cost of centre for Job Costing B. Maintain Cost Centre C. Both a and b D. Maintain VAT 63. Alias represents A. Nick name B. Short name C. Code name D. All of these 64. To see reports of Job Work Analysis A. Display Statement of a/cs-cost Center Job B. Display Statement of a/cs Job Work Analysis Work C. Display Statement of a/cs D. All of these 65. To use Dr/Cr instead of To/By during Voucher entry or vice versa, Press A. F11 B. F12 C. F13 D. F If the Financial Year from is 1st April 2016 and the Books Beginning from 1st January 2017 then what will be the Closing Date? A. 31st March 2017 B. 9th Sep 2016 C. 31st Sept 2017 D. 31st Dec 2017

13 67. We can cancel a voucher using A. Ctrl + Shift + X B. Shift + X C. Ctrl + X D. Alt + X 68. To alter a master while making an entry or viewing a report A. Ctrl + Enter B. Tab + Enter C. Shift + Enter D. Alt + Enter 69. Allow components list details ( Bill of Materials) option is activated for A. Budgets B. Ledgers C. Stock Items D. Cost Category 70. To see Gratuity Reports go to A. Gateway of Tally > Display > Gratuity ReportB. Gateway of Tally > Display > Payroll Report > Gratuity C. Gateway of Tally > Display > Statement of Accounts > Gratuity Reports D. All of these 71. To create Manufacturing Journal which option must be activated? A. Use as manufacturing Journal B. Use Common Narration C. Narrations for each entry D. Prefill with Zero 72. To remove a line at all reports screen, shortcut is A. Alt + R B. Alt + S

14 C. Alt + T D. Alt + U 73. We can change the Company Information from A. Company Info > View B. Company Info > Alter C. Company Info > Back up D. Company Info > Split Company Data 74. Input Vat Credit on Capital goods should be defined under A. Duties and Taxes B. Capital Account C. Misc. Expenses (Assets) D. Current Liabilities 75. Transfer of materials from one godown to another godown, use A. Income Journal B. Stock Journal C. Sales Journal D. Purchase Journal 76. MRP Formula for inclusive of vat is A. {vat%*(mrp * QTY}/100 B. (100*rate of vat)/(100+rate of vat) C. (50*rate of vat)/(100+rate of vat) D. (200*rate of vat)/(200+rate of vat) 77. In Service tax Credit Adjustment (%) should be either A. 20% B. 30% C. 100% D. Both A and C

15 78. To get Payroll Reports choose A. Gateway of Tally > Display B. Gateway of Tally > Display > Statements of Payroll C. Gateway of Tally > Display > Statement of Accounts D. Gateway of Tally > Display > Payroll Reports 79. If we purchase any Fixed asset in credit, we can pass it from A. Journal mode B. Receipt mode C. Contra mode D. Payment mode 80. Budget represents A. Estimation B. Assumption C. Forecasting D. All of these 81. How can we see Vat Reports? A. Gateway of Tally > Display > Statutory B. Gateway of Tally > Display > Statutory Info Reports C. Gateway of Tally > Vat Reports D. Gateway of Tally > Display 82. Multiple Godowns are activated from A. F10 > F2 B. F11 > F2 C. F12 > F2 D. F13 > F2 83. Recording of actual stock as physically verified or counted is done through

16 A. Stock Journal B. Physical Stock C. Journal D. Sales 84. Patent account falls under A. Current Assets B. Liabilities C. Investments D. All of these 85. We can modify an existing Company from A. Gateway of Tally > Modify Company B. Company Info > Alter Company C. Both a and b D. Company Info > Alter 86. Which key is pressed to go to Gateway of Tally from company Info. Menu? A. Ctrl B. Alt C. Esc D. Enter 87. Which option is used in Tally to make changes in created company? A. Select Company B. Shut Company C. Alter D. None of these 88. Which option from Company Info. menu is selected to create a new Company in Tally? A. Company Create B. Create Company C. Create D. New Company

17 89. Which option is selected from Company Info Menu to divide company data into two financial years? A. Change Tally Vault B. Alter C. Split Company Data D. New Company 90. Which option is used to copy company s data into pen drive or CD? A. Backup B. Copy Data C. Split Company Data D. Restore 91. Which option is used to place data taken in pen drive or CD to Appropriate place in Tally? A. Backup B. Restore C. Split Company Data D. None of these 92. Which option is used to open company created in Tally? A. Create Company B. Alter C. Select Company D. Shut Company 93. Which option is used in Tally to close opened Company? A. Alter B. Shut Company C. Select Company D. Create Company 94. Which shortcut key is used to take print of any report in Tally? A. Ctrl+P B. Shift+P C. Alt+P D. Alt+Ctrl+P

18 95. Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company? A. Alt+P B. Alt+E C. Alt+O D. Alt+S 96. Which shortcut key is used for Select Company in Tally? A. F1 B. Alt+F1 C. F3 D. Alt+F3 97. Which shortcut key is used to shut opened company in Tally? A. F1 B. Alt+F1 C. F3 D. Alt+F3 98. Which shortcut key is used to change current period in Tally? A. F2 B. Alt+F2 C. Alt+F3 D. F3 99. Which option is used to move from one company to another when more than one companies are open? A. Company Info B. Shut Company C. Select Company D. Company

19 100. Which Shortcut key is pressed to create a new company in Tally? A. F3 B. Alt+F3 C. F2 D. Alt+F2