Management Notes

Reference Notes for Management

Computerized Accounting with Tally Quiz and Answers Part 1 – Multiple Choice Questions (MCQs) | Tally Accounting

Computerized Accounting with Tally Quiz and Answers Part 1

Company Restore option is available in

Company Restore option is available in

 Options:

A) Company Features
B) Company Information
C) Configuration
D) None of these

The Correct Answer Is:

  • B) Company Information

We can cancel a voucher using

We can cancel a voucher using

 Options:

A) Alt + x
B) Ctrl + x
C) Shift + x
D) Ctrl + shift + x

The Correct Answer Is:

  • A) Alt + x

Tally package is developed by

Tally package is developed by

 Options:

A) Peutronics
B) Tally Solutions
C) Coral Softwares
D) Vedika Softwares

The Correct Answer Is:

  • A) Peutronics

Amount payable as TDS can be known by which report in Tally?

Amount payable as TDS can be known by which report in Tally?

 Options:

A) Computation
B) E-Return
C) Print Form 16A
D) Form-26

The Correct Answer Is:

  • A) Computation

We can repeat narration by pressing

We can repeat narration by pressing

 Options:

A) Shift + R
B) Alt + R
C) Ctrl +
D) Alt + Shift + R

The Correct Answer Is:

  • C) Ctrl +

Salary Account comes under which head?

Salary Account comes under which head?

 Options:

A) Indirect Incomes
B) Indirect Expenses
C) Direct Incomes
D) Direct Expenses

The Correct Answer Is:

  • B) Indirect Expenses

Discount column is available in

Discount column is available in

 Options:

A) Sales invoice
B) Purchase invoice
C) Both (a) and (b)
D) None of these

The Correct Answer Is:

  • C) Both (a) and (b)

We can create multiple users in Tally activating

We can create multiple users in Tally activating

 Options:

A) Tally Audit
B) Use Security Control
C) Both (a) and (b)
D) None of these

The Correct Answer Is:

  • B) Use Security Control

We can change the Company Information from

We can change the Company Information from

 Options:

A) Company Info > Back up
B) Company Info > Alter
C) Company Info > Split Company Data
D) None of these

The Correct Answer Is:

  • B) Company Info > Alter

Party account can be created through

Party account can be created through

 Options:

A) Group creation window
B) Ledger creation window
C) Inventory creation window
D) Any one of them

The Correct Answer Is:

  • B) Ledger creation window

We can use Stock Journal for

We can use Stock Journal for

 Options:

A) Production and Consumption
B) Inter Godown transfer for stock
C) Both (a) and (b)
D) None of these

The Correct Answer Is:

  • C) Both (a) and (b)

Where do we record cash sales in Tally?

Where do we record cash sales in Tally?

 Options:

A) Contra
B) Receipt
C) Payment
D) Journal

The Correct Answer Is:

  • B) Receipt

How many secondary groups are there in Tally?

How many secondary groups are there in Tally?

 Options:

A) 15
B) 13
C) 28
D) 34

The Correct Answer Is:

  • B) 13

We can see Working Capital figure changing

We can see Working Capital figure changing

 Options:

A) Voucher configuration
B) Profit & Loss configuration
C) Balance Sheet configuration
D) Ledger configuration

The Correct Answer Is:

  • C) Balance Sheet configuration

“Alias” represents

"Alias" represents

 Options:

A) Short name
B) Nick name
C) Code name
D) All of these

The Correct Answer Is:

  • D) All of these

To declare a voucher as Post Dated press

To declare a voucher as Post Dated press

 Options:

A) Ctrl + T
B) Alt + T
C) Ctrl + P
D) Ctrl + D

The Correct Answer Is:

  • A) Ctrl + T

The shortcut used for Sales Order is

The shortcut used for Sales Order is

 Options:

A. Alt+F4
B. Alt+F5
C. Alt+F7
D. Alt+F8

The Correct Answer Is:

  • B. Alt+F5

Service Tax Report can be seen from

Service Tax Report can be seen from

 Options:

A. Display > Day Book
B. Display > Account Books
C. Display > Statutory Masters
D. Display > Statutory Reports

The Correct Answer Is:

  • D. Display > Statutory Reports

List of Optional Voucher we can get from

List of Optional Voucher we can get from

 Options:

A. Cash Bank Books
B. Exceptional Reports
C. Accounts Books
D. Balance Sheet

The Correct Answer Is:

  • B. Exceptional Reports

Suspense Account Group is defined under

Suspense Account Group is defined under

 Options:

A. Income
B. Expenditure
C. Liabilities
D. Assets

The Correct Answer Is:

  • C. Liabilities

To create Purchase Order press

To create Purchase Order press

 Options:

A. Alt + F4
B. Ctrl + F4
C. F4
D. None of these

The Correct Answer Is:

  • A. Alt + F4

What is the utility of tally vault password?

What is the utility of tally vault password?

 Options:

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

The Correct Answer Is:

  • C. It will not show the company name in the company select list.

Smirti

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