A trial balance is a ________
1.Ledger
2.Journal
3.Account
4.List
Posted Date:-2021-12-27 22:51:17
Calculator area can be activated using
1.Alt + F2
2.Ctrl + M
3.Ctrl + N
4.. Alt + M
Posted Date:-2021-12-28 01:20:18
Company features in tally includes
1.Accounting features
2.Inventory features
3. Statutory features
4.All the above
Posted Date:-2021-12-27 23:29:38
Employee salary details are shown in
1.Attendance sheet
2. Gratuity papers
3. Exact reports
4.Payroll
Posted Date:-2021-12-27 23:25:44
F10 is the short key for ________ Voucher
1.Payment
2.Memo
3.Receipt
4.Purchase
Posted Date:-2021-12-28 01:17:15
For selecting debit note voucher we have to use ________ key
1. Ctrl + F9
2. Ctrl + F8
3. Alt + F7
4.Alt + F8
Posted Date:-2021-12-28 01:38:18
Function key for changing current period is
1. Alt + F2
2.F2
3.F5
4.F6
Posted Date:-2021-12-28 01:25:09
Function key for selecting payment voucher is
1.F5
2.F6
3.F11
4.F9
Posted Date:-2021-12-28 01:41:11
Function key to select journal voucher is
1.F5
2.F6
3.F7
4.F2
Posted Date:-2021-12-28 01:36:57
Function key to select purchase voucher is
1.F8
2.F9
3.F4
4.F3
Posted Date:-2021-12-28 01:35:17
Function key to select sales voucher is
1.F8
2.F9
3.F4
4.F3
Posted Date:-2021-12-28 01:35:56
Recording of actual stock as physically verified or counted is done through
1. Journal
2.Stock Journal
3.Physical Stock
4.Sales
Posted Date:-2021-12-27 18:44:15
Which key is pressed to post entries in double entry accounting system instead of single entry system in Tally.ERP9
1.F11
2.F12
3.Alt + F11
4.Alt + F12
Posted Date:-2021-12-28 01:02:31
Which of the following can be budgeted in tally
1.Nett Transactions
2.Closing Balance
3. Both A and B
4.None of the above
Posted Date:-2021-12-27 22:45:59
Which shortcut key is pressed to create a new Ledger during voucher entry
1. Alt + C
2.Alt + X
3.Alt + D
4.Alt + A
Posted Date:-2021-12-28 01:07:43
Which shortcut key is pressed to display Part No. for automobile industries
1.F1
2.F2
3.F11
4.F12
Posted Date:-2021-12-28 01:06:29
Which shortcut key is used to shut opened company in Tally
1.. F1
2.Alt + F1
3. F3
4.Alt + F3
Posted Date:-2021-12-28 01:01:45
______ gives the balance for each day for the voucher type has been selected
1.Trial Balance
2.Day book
3.Balance Sheet
4.None of the above
Posted Date:-2021-12-27 22:46:41
_______ key helps to select function and features screen
1.F8
2.F6
3.F11
4.F9
Posted Date:-2021-12-28 01:40:34
A ________ serves the purpose of both journal and ledger accounts
1.Journal proper
2.Purchase day book
3. Cash book
4.Any of the above
Posted Date:-2021-12-27 23:01:48
A ‘credit note’ is sent by ________ to _____
1.Seller buyer
2.Buyer seller
3. Customer seller
4.Creditor seller
Posted Date:-2021-12-27 23:24:56
A company can be deleted only in
1. Display
2.Alter
3.Delete
4.Create
Posted Date:-2021-12-27 23:28:49
A Group Company is ________ given to the merged accounts of member companies of the group
1. a name
2.an identity
3.A and B
4.None of the above
Posted Date:-2021-12-27 21:55:18
‘Allow components list details (Bill of Materials)’ option is activated for
1.Ledgers
2.Cost Category
3.Stock Items
4.Budgets
Posted Date:-2021-12-27 18:49:56
Budget represents _
1.Estimation
2.Forecasting
3.Assumption
4.All the above
Posted Date:-2021-12-27 18:45:18
Default ‘godown’ name in tally is ________
1.A. Primary
2.Main location
3. A or b D
4.None of the above
Posted Date:-2021-12-27 18:57:31
Default invoice mode is on for Sales or Purchase entry. Which key should be pressed for entry of sales or Purchase as a voucher
1.Alt + V B.
2. Ctrl + V
3.Alt + F8
4.. Alt + F9
Posted Date:-2021-12-28 01:10:12
Default ledger accounts in tally are ________
1.Balance sheet profit ; loss and trial balance
2.Profit ; loss and trial balance
3. Cash and profit ; loss accounts
4.Cash and bank accounts
Posted Date:-2021-12-27 18:56:45
Discount Column is available in
1.Sales Invoice
2.Purchase Invoice
3.Both (a) and (b)
4.None of the these
Posted Date:-2021-12-27 18:55:19
F12 button is used to select ________ option
1.Select company
2.More features
3.Inventory
4.Configuration
Posted Date:-2021-12-28 01:13:03
F2 is used for
1.Changing current date
2.Changing current period
3.Change the voucher
4. Select payment voucher
Posted Date:-2021-12-28 01:19:26
Find out which is not a Default Ledger in Tally
1.Cash in Hand
2.Capital Account
3. Profit ; Loss
4.None of the these
Posted Date:-2021-12-27 18:46:23
For selecting a company use ________ key
1.F1
2.F2
3.F6
4.F7
Posted Date:-2021-12-28 01:39:52
For selecting credit note voucher we have to use ________ key
1.Ctrl + F9
2.Ctrl + F8
3.Alt + F7
4.. Alt + F8
Posted Date:-2021-12-28 01:39:22
Full form of ODBC
1.Open database connectivity
2.Open database calculating
3.Open document basically
4.Order data base connection
Posted Date:-2021-12-27 22:54:32
Function key for changing date is
1.Alt + F2
2.F2
3. F5
4. F6
Posted Date:-2021-12-28 01:24:14
Function key for payment voucher is
1.F3
2.F4
3.F3
4.F6
Posted Date:-2021-12-28 01:34:21
Function key for receipt voucher is
1.F3
2.F4
3.F5
4.F6
Posted Date:-2021-12-28 01:33:40
Function key to select contra voucher is
1.F4
2.F8
3.F9
4.F7
Posted Date:-2021-12-28 01:37:42
How can data be imported in tally
1.One company to another company created within Tally Package
2.Other programs – a spreadsheet or a database file
3.Depends on number of companies
4. Both A and B
Posted Date:-2021-12-27 22:43:22
How many types of users are present in tally
1.1
2.2
3.3
4.4
Posted Date:-2021-12-27 22:55:50
How to activate the tally audit feature in a company
1.Press F11 key
2.During the creation of a company
3. In comp info > security control-option
4. Press F12 key
Posted Date:-2021-12-27 22:48:31
In tally you get currency symbol option from ________ menu
1. Company creation
2. Stock items units
3. Regional setting
4.None of the above
Posted Date:-2021-12-27 22:39:32
In which voucher type credit purchase entry is posted in Tally
1.F5:Payment
2.F7:Journal
3. F9:Purchase
4.F6:Receipt
Posted Date:-2021-12-28 01:04:57
In which voucher type credit sales is recorded in Tally
1.F5:Payment
2.F6:Receipt
3.F7:Journal
4.F8:Sales
Posted Date:-2021-12-28 01:05:45
Inventory books’ is used to view
1.Stock Items
2.Group Summary
3.Both A and B above
4.None of the these
Posted Date:-2021-12-27 23:00:11
List of Optional Voucher we can get from
1. Cash Bank Books
2.Exceptional Reports
3.Accounts Books
4. Balance Sheetz
Posted Date:-2021-12-27 18:41:42
Optional Voucher is one type of
1.Conventional Voucher B.
2.Unconventional Voucher
3.Both (a) ; (b)
4.None of the these
Posted Date:-2021-12-27 18:39:59
Professionals usually maintain accounts as
1.Accounts with inventory
2.Accounts only
3.Normal accounting
4.Payroll accounting
Posted Date:-2021-12-27 23:28:04
Retained Earnings is an alias of
1.Indirect Income
2.Reserve and Surplus
3.Capital Account
4.Investments
Posted Date:-2021-12-27 18:51:10
Salary comes under ________ Head
1.Direct expense
2.Current liability
3.Indirect expense
4.Current asset
Posted Date:-2021-12-27 23:26:39
Sales return are recorded in ________ Voucher
1.Sales voucher
2.Debit note
3.Receipt
4.Credit note
Posted Date:-2021-12-27 22:52:23
Tally vault’ is a ________
1.A. Security mechanism
2.Ledger a/c
3.Cost category
4.None of the above
Posted Date:-2021-12-27 18:58:45
The home screen of tally is also known as
1.Menu bar
2.Gateway of tally
3.Accounts info
4.Button tool bar
Posted Date:-2021-12-27 22:53:39
The Profit & Loss statement can be displayed in ________ format(s).
1.Horizontal
2.Vertical
3.A or B
4.None of the above
Posted Date:-2021-12-27 18:47:32
The rate of trade discount varies with the ________ purchased
1. Total asset
2.Current asset
3.Quantity
4.None of the these
Posted Date:-2021-12-27 23:02:22
The short key for changing period in tally is
1.Alt + F3
2. Alt + F2
3.Ctrl + F1
4.Ctrl + F2
Posted Date:-2021-12-28 01:21:56
The short key for company creation is ________
1. Ctrl+ F2
2. Alt + F2
3. Alt + F3
4.Ctrl + F3
Posted Date:-2021-12-28 01:11:58
To create Scenario which option requires to be activated
1.Use Rev Journal ; Optional voucher in F12
2.Use Optional voucher in F11
3.Use Reversing voucher in F11
4.Use Rev journal ; Optional voucher in F11
Posted Date:-2021-12-27 18:38:52
To see any report in detailed way, press
1.Alt + F2
2. F2
3.Alt + C
4.Alt + F1
Posted Date:-2021-12-28 01:23:16
To see reports of Job Work Analysis
1.Display > Statements of Accounts > Job Work Analysis
2.Display > Job Work In Reports > Job Work Analysis
3.Display > Statements of Accounts> Cost Centre > Job Work Analysis
4.None of the these
Posted Date:-2021-12-27 18:37:00
Transfer of materials from one godown to another godown, use
1. Manufacturing Journal
2.Stock Journal
3.Purchase Journal
4.Both A ; B
Posted Date:-2021-12-27 18:43:03
Trial balance is prepared on ________ basis
1. Monthly
2.Annually
3.Half yearly
4.Any of the above
Posted Date:-2021-12-27 23:01:02
Vouchers can be displayed in
1.Accounts info
2.Day book
3.Inventory info
4.Ledger
Posted Date:-2021-12-27 23:27:21
We can create multiple users in Tally activating
1.Tally Audit
2.Use Security Control
3.Both (a) and (b)
4.None of the these
Posted Date:-2021-12-27 18:48:51
We can get the report of Interest from
1.Account Books
2.Cash and Fund flow
3. Inventory Books
4.Statements of Accounts
Posted Date:-2021-12-27 18:35:44
We can use Stock Journal for
1. Production and Consumption .
2.Inter Godown transfer for stock
3.Both (a) and (b)
4.None of the these
Posted Date:-2021-12-27 18:53:50
What is the advantage of a computer-based transaction processing system
1.Does not require as stringent a set of internal controls
2.Will produce a more accurate set of financial statements
3. Eliminates the need to reconcile control accounts and subsidiary ledgers
4. Will be more efficient at producing financial statements
Posted Date:-2021-12-27 22:45:11
What is the predefined number of groups in tally
1.16
2.28
3.128
4.228
Posted Date:-2021-12-27 22:49:23
Where do we record all type of adjustment entry in Tally
1. F5:Payment
2. F6:Receipt
3. F7:Journal
4. F4:Contra
Posted Date:-2021-12-28 01:03:15
Which file in tally is used to record the import activity
1.Tally.dat
2.Tally.ini
3. Tally.imp
4.None of the above
Posted Date:-2021-12-27 22:58:58
Which of the following file is usually used as a master file
1. Inventory subsidiary
2.Cash disbursements
3.Cash receipts
4.Payroll transactions
Posted Date:-2021-12-27 22:44:06
Which of the following is compulsory to create while entry in Accounts with Inventory
1.Stock Groups
2.Stock Items
3.Units of Measure
4.All the above
Posted Date:-2021-12-27 22:59:28
Which of the following is the predefined stock category in tally
1. Primary
2.Symbol
3.Stock
4.Main location
Posted Date:-2021-12-27 22:58:08
Which of the following is used for voucher entry
1.Ledger Account
2.Groups
3. Sub-Groups
4.Depends on number of companies
Posted Date:-2021-12-27 22:50:38
Which of the following shows daily balance for a selected voucher type
1.Day book
2.Trial Balance
3.Balance Sheet
4.None of the above
Posted Date:-2021-12-27 22:55:19
Which of the following user type can view audit list
1.Tally Vault
2.Owner
3.Data Entry
4.Administrator
Posted Date:-2021-12-27 22:42:24
Which option lists inventory valuation method in tally
1.Stock report
2.Stock journal
3.Stock analysis
4. Stock summary
Posted Date:-2021-12-27 22:47:42
Which shortcut key is pressed and then ‘yes’ is given in ‘Use Debit/Credit Noted’ to post entry in Credit Note and Debit Note in Tally
1.Alt + F11
2. F11
3. F12
4. Alt + F12
Posted Date:-2021-12-28 01:04:10
Which shortcut key is pressed for voucher entry or deleting a ledger
1. Alt + A
2.Alt + C
3.Alt + X
4. Alt + D
Posted Date:-2021-12-28 01:08:34
Which shortcut key is used for Select Company in Tally
1. F1
2.Alt + F1
3.F3
4.Alt + F3
Posted Date:-2021-12-28 01:00:23
Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company
1.Alt + P
2.Alt + E
3.Alt + O
4.Alt + S
Posted Date:-2021-12-28 00:59:23
Which shortcut key is used to set No in ‘Use Common Ledger A/c for Item Allocation’
1.Alt + F11
2.F11
3.Alt + F12
4.F12
Posted Date:-2021-12-28 01:09:24
Which shortcut key is used to take print of any report in Tally
1.Ctrl + P
2. Shift + P
3. Alt + P
4. Alt + Ctrl + P
Posted Date:-2021-12-28 00:58:45