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100 MCQ of Tally.ERP 9
Question 1
The tally audit feature can be activated using ____________________ in a company
(A) During the creation of a company
(B) In -comp info -> security control-option
(C) Press F11 key
(D) Press F12 key
Question 2
_______________ key combination is used to print a voucher from Tally.
(A) Ctrl + P
(B) Ctrl + Alt + P
(C) Shift + P
(D) Alt + P
Question 3
We press _________ function key to display the age-wise analysis of Bills Receivable or Bills Payable report.
(A) F4
(B) F5
(C) F6
(D) F7
Question 4
After activating the Tally.ERP 9 license, ___________
(A) Tally.lic
(B) Tally_1ck.lic
(C) Tally_lck.lic
(D) None of these
Question 5
To generate Daily Cash Flow Statement and change time period in Tally.ERP 9, press ______.
(A) Alt+F4
(B) Alt+F3
(C) Alt+F2
(D) Alt+F1
Question 6
TDS is applied on __________________.
(A) Commission of lottery ticket
(B) Professional Fee
(C) Salary Income (Contract)
(D) All of these
Question 7
What is the other name for F12 key?
(A) Company Configuration
(B) None of these
(C) Accounting Feature
(D) Configuration of TALLY
Question 8
To view Ageing Analysis Report in Tally.ERP 9, select _____.
(A) F8
(B) F6
(C) F4
(D) F2
Question 9
To select predefined ledgers in Tally. ERP 9, press_____________
(A) Ctrl + L
(B) Alt + L
(C) Ctrl + Alt + L
(D) Shift + L
Question 10
The shortcut key used to view configuration is tally is ______________
(A) F10
(B) F11
(C) F12
(D) Alt+F9
Question 11
The accounting masters and inventory masters are related to ______________.
(A) All of these
(B) Displaying Information
(C) Altering Information
(D) Creating Information
Question 12
A ____________ purchase orders data flow is directed to the purchasing system for use in closing out the outstanding purchase orders in the receiving system diagram.
(A) None of these
(B) Issue
(C) Receipt
(D) Filled
Question 13
To open/create a sales voucher in tally , you have to press _________ button.
(A) F8
(B) F7
(C) F5
(D) F9
Question 14
___________________ must be activated to create Manufacturing Journal.
(A) Use as manufacturing Journal
(B) ~Use Common Narration
(C) Narrations for each entry
(D) Prefilled with Zero
Question 15
The ________ key can be used to select an existing company from list of companies.
(A) F1
(B) ALT+F1
(C) CTRL+F1
(D) None of these
Question 16
__________________ of additional Tax is applied in VAT.
(A) 0.01
(B) 0.04
(C) 0.025
(D) 0.015
Question 17
The _______________ voucher is used to transfer amount from one bank to another.
(A) Post-Dated
(B) Receipt
(C) Payment
(D) Contra
Question 18
A/An ___________ is the official notice that the firm sends to its customers to advise then to the amount of money that is owed.
(A) Either invoice or Bill
(B) Bill
(C) Invoice
(D) None of these
Question 19
By pressing _________ key, a list of inventory reports can be displayed straightaway from the balance sheet report.
(A) F9
(B) F10
(C) F11
(D) F12
Question 20
Tally audit feature is available in a company ______________.
(A) By pressing F11 function key
(B) During the creation of a company
(C) In
(D) None of these
Question 21
Where is the Company Restore option?
(A) Configuration
(B) Company Information
(C) Company Features
(D) None of these
Question 22
_____________________ will be group of VAT Adjustment ledger.
(A) Duties & Taxes
(B) Indirect Incomes
(C) Indirect Expenses
(D) None of these
Question 23
________________ unit is created for stock items like grain, pulse, ghee, etc.
(A) Lts.
(B) Nos.
(C) Kgs.
(D) Box.
Question 24
What are the bases for creating Voucher Class for Interest calculation?
(A) Both a and b
(B) Debit and Credit Note
(C) Journal Voucher
(D) Receipt and Payment Voucher
Question 25
______________ option is used to exit Tally.
(A) Exit
(B) Close
(C) Quit
(D) Shut Company
Question 26
Accounts Receivable are displayed in ______________.
(A) Balance Sheet
(B) Profit & loss
(C) Journal Book
(D) All of these
Question 27
Revenue Account also known as __________ Account.
(A) Personal
(B) Nominal
(C) None of these
(D) Real
Question 28
In tally, "credit note" voucher type records entry for ________________.
(A) None of these
(B) Both of these
(C) Purchase Return
(D) Sales Return
Question 29
To enable VAT, TDS, and Service Tax etc. ___________________ is used in Tally.
(A) Accounting Features
(B) Statutory & Taxation
(C) Inventory Features
(D) None of these
Question 30
Where is Company Restore option is available?
(A) Configuration
(B) Company Features
(C) Company Information
(D) None of these
Question 31
___________________ is a predefined stock category in tally.
(A) Main location
(B) Stock
(C) Symbol
(D) Primary
Question 32
_________________ is used for voucher entry.
(A) Groups
(B) Depends on number of companies
(C) Sub-Groups
(D) Ledger Account
Question 33
Which of the following is not a voucher type?
(A) Contra
(B) Receipt
(C) Capital
(D) Payment
Question 34
__________________ key is used for entry of sales or Purchase as a voucher.
(A) Alt + V
(B) Ctrl + V
(C) Alt + F8
(D) Alt + F9
Question 35
_________________ shortcut key is used to set ‘Yes’ in “Allow Selection of VAT/Tax class during entry.
(A) F5
(B) F3
(C) F12
(D) F11
Question 36
In Tally.ERP 9, we can pass the Contra Voucher in ____ or ____ mode.
(A) Voucher, Bill
(B) Single Entry, Double Entry
(C) Voucher, Invoice
(D) None of these
Question 37
What is the full form of TCS?
(A) Tax Collected from Sales
(B) Tax Collected by Staff
(C) Tax Consumption at Source
(D) Tax Collected at Source
Question 38
What is the method to import data in tally?
(A) Go to Gateway of Tally > Import of Data > Masters.
(B) In Import of Masters screen, enter the required filename in Import File Name (XML) field
(C) Select the required Behaviour in Treatment of entries already existing field.
(D) all of the above
Question 39
What has to be defied to hide the name of the Company?
(A) Report Voucher
(B) Unconventional Voucher
(C) Conventional Voucher
(D) Both Conventional Voucher and Unconventional Voucher
Question 40
How can the total number of Ledgers, Groups, Entries etc. be shown?
(A) Company Information
(B) Tally Audit
(C) Statistics
(D) Accounts Information
Question 41
In tally, the group company must contain at least _____________ members
(A) Three
(B) Four
(C) Five
(D) Two
Question 42
There are _______________ inbuilt account group are in tally by default.
(A) 28
(B) 31
(C) 25
(D) 34
Question 43
What is Tally vault?
(A) Cost category
(B) Ledger a/c
(C) Security mechanism
(D) None of the above
Question 44
The shortcut used to activate calculator is
(A) Ctrl+C
(B) Ctrl+A
(C) Ctrl+M
(D) Ctrl+N
Question 45
What is the value of (18/9)+(12*2)+4-2 in Tally ERP 9.0 by calculator ?
(A) 16
(B) 28
(C) 128
(D) 228
Question 46
Trial Balance reports are prepared _________________..
(A) Weekly
(B) monthly
(C) Quarterly
(D) Yearly
Question 47
Data exported from Tally file to a is saved by default in _____________>
(A) Export sub-folder of tally folder
(B) Data sub-folder of tally folder
(C) Backup sub-folder of tally folder
(D) In tally folder
Question 48
What is the other name for F12?
(A) Company Configuration
(B) Tax
(C) Accounting Features
(D) Company Features
Question 49
Which amongst the following is an advantage of a computer-based transaction processing system?
(A) Does not require as stringent a set of internal controls.
(B) Will be more efficient at producing financial statements
(C) Will produce a more accurate set of financial statements.
(D) None of the above
Question 50
The purchase any fixed asset in credit, is passed from_______________
(A) Payment mode
(B) Receipt mode
(C) Journal mode
(D) Contra mode
Question 51
Which of the following is not a predefined Voucher in Tally.ERP 9?
(A) Profit voucher
(B) Journal Voucher
(C) Contra Voucher
(D) None of the above
Question 52
Optional Voucher is a type of ________________.
(A) Both (a) & (b)
(B) None of these
(C) Unconventional Voucher
(D) Conventional Voucher
Question 53
In Tally.ERP 9, during Voucher Entry, we can press ________ to recall the last narration saved for a specific voucher type, irrespective of the ledger.
(A) SHIFT + R
(B) ALT + R
(C) CTRL + R
(D) R
Question 54
_________________ is used to transfer materials from one godown to another godown.
(A) Manufacturing Journal
(B) Stock Journal
(C) Purchase Journal
(D) Both A & B
Question 55
There are ____________ formats available while Exporting.
(A) 4
(B) 3
(C) None of the above
(D) 2
Question 56
Which key combination is used to see any report in detail?
(A) Alt + C
(B) Alt + F1
(C) Alt + F2
(D) F3
Question 57
Where is the suspense account group is defined?
(A) Assets
(B) Liabilities
(C) Expenditure
(D) Revenue
Question 58
The Data Folder of a Company contains _________________.
(A) 5 digits
(B) 6 digits
(C) 4 digits
(D) 3 digits
Question 59
In tally, to change the date of the voucher press ________.
(A) Ctrl+F2
(B) F4
(C) F2
(D) Ctrl+F4
Question 60
What needs to be done to see reports of Job Work Analysis?
(A) Display-Statement of Accounts
(B) Display-Statement of Accounts - Job Work Analysis
(C) Display-Statement of Accounts - Cost Centre-Job work
(D) None of these
Question 61
A ‘credit note’ is sent to ________________ by _______________.
(A) Creditor, seller
(B) Customer, seller
(C) Buyer, seller
(D) Seller, buyer
Question 62
Sales Tax ledger falls under ________________.
(A) Duties and Taxes
(B) Purchases
(C) Sales
(D) Indirect Expenses
Question 63
We record cash sales as _______________ in Tally.
(A) Journal
(B) Payment
(C) Receipt
(D) Contra
Question 64
How can a party account be created?
(A) Inventory creation window
(B) Group creation window
(C) Any one of them
(D) Ledger creation window
Question 65
In tally, a group company is marked with an ______________.
(A) ^
(B) &
(C) $
(D) *
Question 66
_____ is pressed to select Debit Note Voucher in Gateway of Tally.
(A) F9
(B) F8
(C) Ctrl + F9
(D) Ctrl + F8
Question 67
Tally can maintain budgets on ____________.
(A) Both Net Transactions and Closing Balance
(B) Closing Balance
(C) Net Transactions
(D) None of these
Question 68
Which of these is not a section under Inventory Features in Tally.ERP 9?
(A) Invoicing
(B) Excise
(C) Storage & Classi
(D) Order Processing
Question 69
In Tally, we press ____________, to print report .
(A) Alt+P
(B) None of these
(C) Shift+P
(D) Ctrl+P
Question 70
What is used for activating bill wise details of debtors and creditor?
(A) Maintain bill
(B) Bill by bill
(C) Maintain reference
(D) None of these
Question 71
______________ key is used to enable Value Added Tax.
(A) F1
(B) F5
(C) F11
(D) F12
Question 72
____________________ group should be selected for TDS on Professional or Technical Services A/C.
(A) Duties & Taxes
(B) Indirect Incomes
(C) Indirect Expenses
(D) None of these
Question 73
_____________________ will be group of VAT Adjustment ledger.
(A) Duties & Taxes
(B) Indirect Incomes
(C) Indirect Expenses
(D) None of these
Question 74
To view purchase transactions for a month, _____________ needs to be generated in Tally.ERP 9.
(A) Purchase Statement
(B) Purchase Book
(C) Purchase Voucher
(D) Purchase Register
Question 75
In order to use Inventory Features in Tally __________________ shortcut key is used in ‘Company Features’ screen.
(A) F1
(B) F2
(C) F3
(D) F4
Question 76
We record purchase return, sales return, depreciation, bad debts etc. under __________________ in Tally.
(A) Receipt
(B) Contra
(C) Payment
(D) Journal
Question 77
In the Tally Software, the__________ directory stores all data entered by the user.
(A) None of these
(B) Sub
(C) Data
(D) Bin
Question 78
How can the part account be created?
(A) All of these
(B) Group creation window
(C) Inventory creation window
(D) Ledger creation window
Question 79
The shortcut key combination used in ‘Company Feature’s screen to use Accounting Features in Tally is ____________________.
(A) F4
(B) F3
(C) F2
(D) F11
Question 80
TDS is not applicable on _________________.
(A) Advertisement Income
(B) Cable Operator
(C) Rent income from land or home
(D) Insurance Commission
Question 81
The shortcut key used to view configure in Tally is _____________________.
(A) F10
(B) F12
(C) F11
(D) None
Question 82
Under which head does the Salary Account comes under?
(A) Direct Expenses
(B) Direct Incomes
(C) Indirect Expenses
(D) Indirect Incomes
Question 83
As per the law ____________________ has to pay TDS to the Income Tax Department.
(A) Service Receiver
(B) There is no such provision
(C) Service Provider and Service Receiver both
(D) Depends upon the amount
Question 84
There are total ________________ primary groups in Tally.
(A) 19
(C) 28
(C) 15
(D) 20
Question 85
The shortcut key used for voucher entry or deleting a ledger is _________________.
(D) Alt + A
(B) Alt + C
(C) Alt + X
(D) Alt + D
Question 86
Input Vat Ledger is created under _______________.
(A) Duties and Taxes
(B) Sales Return
(C) Sales
(D) None of these
Question 87
Arrange the following steps in correct order used in generating payslip. (I) Create Employee Master (II) Create Pay Head (III) Create Salary Details (IV) Generate Payslip (V) Process Payroll
(A) (II), (III), (I), (IV), (V)
(B) (II), (I), (III), (V), (IV)
(C) (III), (II), (I), (V), (IV)
(D) (I), (II), (III), (IV), (V)
Question 88
What does the Budget represents?
(A) All of these
(B) Assumption
(C) Forecasting
(D) Estimation
Question 89
To assemble a product from different items ____________ entry is used.
(A) Reversing Journal
(B) Manufacturing Stock Journal
(C) Journal
(D) Physical Stock Transfer
Question 90
How can the predefined billing terms be maintained?
(A) Maintain Multiple Godowns
(B) Voucher Class
(C) Cost Center
(D) Stock Categories
Question 91
To view Ageing Analysis Report in Tally.ERP 9, select _____.
(A) F8
(B) F6
(C) F4
(D) F2
Question 92
From voucher entry mode , if we press __________ then we get payment voucher in tally.
(A) F4
(B) F5
(C) F6
(D) Alt+F5
Question 93
In ratio analysis report of Tally we press _____________ function key for display of bills receivable, bills payables report.
(A) F7 function key
(B) Alt + f6 function key
(C) F6 function key
(D) None of these
Question 94
Which of the following master(s) is not created on Tally for TDS? (I) Payment Ledger (II) Expense Ledger (III) TDS Tax Ledger (IV) Party Ledgers
(A) Both (I) and (IV) above
(B) Only (IV) above
(C) Only (I) above
(D) Both (III) and (IV) above
Question 95
Where is the discount column available?
(A) Sales Invoice
(B) Both Purchase Invoice and Sales Invoice
(C) None of these
(D) Purchase Invoice
Question 96
The ________ key can be used to select an existing company from list of companies.
(A) F1
(B) ALT+F1
(C) CTRL+F1
(D) None of these
Question 97
Which of the following option is used to change the Company Information?
(A) Company Info > Split Company Data
(B) Company Info > Back up
(C) None of these
(D) Company Info > Alter
Question 98
To enable VAT, TDS, and Service Tax etc. ___________________ is used in Tally.
(A) Accounting Features
(B) Statutory & Taxation
(C) Inventory Features
(D) None of these
Question 99
_______________ voucher type entry is done for TDS calculations.
(A) F4:Contra
(B) F7:Journal
(C) F6:Receipt
(D) F5:Payment
Question 100
________________ summarise the individual transactions to show totals, ratios and statistics required by the users to analyse the company's
(A) Analytical Reports
(B) Statements of Accounts
(C) Financial Statements
(D) Both A and C