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100 MCQ of Tally.ERP 9
Question 1
Sales Tax Ledger falls under which Group ?
(A) Sales
(B) Purchases
(C) Indirect Expenses
(D) Duties and Taxes
Question 2
The shortcut key to quit from Tally is
(A) Ctrl + Q
(B) Ctrl + M
(C) Ctrl + P
(D) Ctrl + L
Question 3
What is the full form of TCS ?
(A) Tax Collected at Source
(B) Tax collected from Sales
(C) Tax Consumption at Source
(D) Tax Collected by Staff
Question 4
What is TAN ?
(A) Tax Absorb Number
(B) Tax Assignment Number
(C) Tax Account Number
(D) Tax Assessment Number
Question 5
The shortcut used for Sales Order is
(A) Alt + F4
(B) Alt +F5
(C) Alt +F7
(D) Alt + F8
Question 6
Voucher class is a pre-defined voucher type that helps to
(A) Automatic Entry
(B) Automatic Calculation
(A) Minimize Errors
(D) All of these
Question 7
What is the utility of Tally Vault Password ?
(A) It will not shows the company name in the company select list
(B) It will lock all voucher entries for that company
(C) It will lock the period of company
(D) Both a and b
Question 8
Service Tax Report can be seen from
(A) Display > Statutory Reports
(B) Display > Statutory Masters
(C) Display > Account Books
(D) Display > Day Book
Question 9
At the time of Branch Transfer, Sales ledger is created under which Vat/Tax Class?
(A) Sales with Vat rate
(B) Export
(C) Consignment/Branch Transfer Outward
(D) All of these
Question 10
Discount Column is available in
(A) Accounting Voucher
(B) Sales Invoice
(C) Purchase Invoice
(D) Both b and c
Question 11
Which option from Company Info.menu is selected to create a new Company in Tally?
(A) Create Company
(B) Create
(C) New Company
(D) Company Create
Question 12
Which is the shortcut key to zoom TDS Challan ?
(A) Ctrl + Alt + Z
(B) Ctrl + Z
(C) Alt + Z
(D) Alt + P
Question 13
Online voucher creation from Day Book report by pressing .
(A) Alt + A
(B) Ctrl + A
(C) Shift + A
(D) Ctrl + F5
Question 14
Which of the following is the predefined stock category in tally ?
(A) Main location
(B) Symbol
(C) Primary
(D) Stock
Question 15
Tally package is developed by
(A) Microsoft
(B) Adobe Software
(C) Apple Software
(D) Tally Solutions
Question 16
We can create multiple users in Tally activating
(A) Tally Audit
(B) Use Security Control
(C) Both a and b
(D) All of these
Question 17
Single Entry mode is applicable for
(A) Payment Voucher
(B) Contra Voucher
(C) Receipt Voucher
(D) All of these
Question 18
The shortcut used to activate calculator is
(A) Ctrl + A
(B) Ctrl + B
(C) Ctrl + M
(D) Ctrl + N
Question 19
Transfer of materials from one godown to another godown, use
(A) Stock Journal
(B) Purchase Journal
(C) Manufacturing Journal
(D) Both a and b
Question 20
What is MRP ?
(A) Minimum Retail Price
(B) Maximum Retail Price
(C) Marginal Price
(D) Market Price
Question 21
Voucher Class for Interest calculation created based on
(A) Debit and Credit Note
(B) Journal Voucher
(C) Receipt and payment Voucher
(D) Both a and b
Question 22
We can cancel a voucher using
(A) Alt + X
(B) Ctrl + Shift + X
(C) Ctrl + X
(D) Shift + X
Question 23
To remove a line at all reports screen, shortcut is
(A) Alt + R
(B) Alt + S
(C) Alt + 1
(D) Alt + T
Question 24
Multiple godowns are activated from
(A) F11 > F1
(B) F11 > F2
(C) F11 > F3
(D) F11
Question 25
_____ is the shortcut to select a company in Tally .
(A) Alt + F1
(B) Alt + F2
(C) Alt + F3
(D) F1
Question 26
_____ is the shortcut to sales order from Payroll Vouchers in Tally.
(A) Ctrl + F4
(B) Ctrl + F5
(C) Alt + F4
(D) Alt + F5
Question 27
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 + S
(C) Alt + O
(D) Alt + E
Question 28
Which shortcut key is used to view configure in Tally ?
(A) Alt + F9
(B) F10
(C) F11
(D) F12
Question 29
A ledger may get declaration space for its Alias through .
(A) F11
(B) F12
(C) Alt + F1
(D) Alt + F2
Question 30
To active MRP feature from Gateway of Tally initially we need to press
(A) F10
(B) F11
(C) F12
(D) Alt + F1
Question 31
TDS deduction entry can be made through
(A) Journal voucher
(B) Payment Voucher
(C) Receipt Voucher
(D) All of these
Question 32
Bank OCC a/c is a group defined under
(A) Loan & Liability
(B) Secured Loan
(C) Unsecured Loan
(D) Bank Account
Question 33
ETCS means
(A) Electronic Tax Collection System
(B) Electric Tax Collected at Source
(C) Electronic Tax Collected at Source
(D) Enable Tax Collected at Source
Question 34
We can see list of Memorandum Vouchers from
(A) Accounts Books
(B) Cash/Bank Books
(C) Exception Reports
(D) Trail Balance
Question 35
Recording of actual stock as physically verified or counted is done through
(A) Sales
(B) Journal
(C) Stock Journal
(D) Physical Stock
Question 36
MRP formula for inclusive of vat is
(A) {vat%*(MRP * QTY)}/100
(B) (50*rate of vat)/(100+rate of vat)
(C) (100*rate of vat)/(100+rate of vat)
(D) Both a and b
Question 37
Branch/Division is a group defined under
(A) Assets
(B) Expenditure
(C) Income
(D) Liabilities
Question 38
How many formats are available while exporting ?
(A) 2
(B) 3
(C) 4
(D) 5
Question 39
In which voucher type entry is done for TDS calculations ?
(A) F4:Contra
(B) F5:Payment
(C) F6:Receipt
(D) F7:Journal
Question 40
Trial balance is prepared on _____ basis.
(A) Monthly
(B) Annually
(C) Half yearly
(D) Any of the above
Question 41
Which shortcut key is used for Select Company in Tally ?
(A) F1
(B) F3
(C) Alt + F1
(D) Alt + F2
Question 42
_____ is the shortcut to purchase voucher from Accounting Vouchers in Tally.
(A) F8
(B) F9
(C) Alt + F1
(D) Ctrl + F1
Question 43
Which group [Under] should be selected for TDS on Advertisement A/C ?
(A) Indirect Expenses
(B) Indirect Incomes
(C) Sundry Creditors
(D) Duties and Taxes
Question 44
Income Tax number of the Company will appear in which report ?
(A) Payment voucher
(B) Reminder Letter
(C) Profit and Loss A/c
(D) Cash/Bank Book
Question 45
Input Vat Credit on Capital goods should be defined under
(A) Duties & Taxes
(B) Misc. Expenses ( Assets)
(C) Current Liabilities
(D) Capital Account
Question 46
Payroll Auto fill is done through
(A) Alt + A
(B) Alt + B
(C) Ctrl + A
(D) Ctrl + B
Question 47
List of Optional Voucher we can get from
(A) Accounts Books
(B) Balance sheet
(C) Cash Bank Books
(D) Exceptional Reports
Question 48
F12 is known as
(A) Accounting features
(B) Tax
(C) Company Features
(D) Company configuration
Question 49
Find out which is not a Default Ledger in Tally.
(A) Profit & Loss
(B) Cash in Hand
(C) Capital Account
(D) All of these
Question 50
We can see Working Capital figure changing
(A) Voucher configuration
(B) Ledger configuration
(C) Balance Sheet configuration
(D) Profit & Loss configuration
Question 51
F12 is known as
(A) Accounting features
(B) Tax
(C) Company Features
(D) Company configuration
Question 52
Find out which is not a Default Ledger in Tally.
(A) Profit & Loss
(B) Cash in Hand
(C) Capital Account
(D) All of these
Question 53
How many types of measurement units we can create in Tally ?
(A) 1
(B) 2
(C) 3
(D) 4
Question 54
We can get the report of interest from
(A) Statements of Accounts
(B) Inventory Books
(C) Cash and Fund flow
(D) Account Books
Question 55
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
Question 56
Which option is used to print From 16A of TDS ?
(A) Gateway of Tally → Display → Statutory Report → TDS Reports → Return → Print Form 16 A
(B) Gateway of Tally → TDS Reports → Return → Print Form 16 A
(C) Gateway of Tally → Return → Print Form 16 A
(D) Gateway of Tally → StatutoryReport → Return → Print Form 16A
Question 57
We can switch from Accounting Voucher to Inventory Voucher pressing
(A) F2
(B) F11
(C) Ctrl + F1
(D) Alt + F1
Question 58
_____ gives the balance for each day for the voucher type has been selected.
(A) Trial Balance
(B) Balance Sheet
(C) Daybook
(D) None of the above
Question 59
_____ is the shortcut to create contra voucher in Tally.
(A) F2
(B) F3
(C) F4
(D) F5
Question 60
Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally ?
(A) Receipt
(B) Contra
(C) Journal
(D) Payment
Question 61
The shortcut used for Optional vouchers is
(A) Ctrl + A
(B) Ctrl + L
(C) Ctrl + N
(D) Ctrl + M
Question 62
Suspense Account Group is defined under
(A) Assets
(B) Liabilities
(C) Expenditure
(D) Income
Question 63
To alter a master while making an entry or viewing a report
(A) Ctrl + Enter
(B) Tab + Enter
(C) Shift + Enter
(D) Alt + Enter
Question 64
To see any report in detailed way, press
(A) F2
(B) Alt + C
(C) Alt + F1
(D) Alt + F2
Question 65
Predefined Billing terms can be maintained through
(A) Stock Categories
(B) Maintain Multiple Godowns
(C) Cost center
(D) Voucher Class
Question 66
Which key is used to post entry in Debit Note in tally ?
(A) Ctrl + F8
(B) Ctrl + F9
(C) F7
(D) F8
Question 67
Which shortcut key is used to enable Value Added Tax ?
(A) F1
(B) F2
(C) F5
(D) F11
Question 68
_____ is the shortcut to indent from Inventory Vouchers in Tally.
(A) Ctrl + F7
(B) Alt + F6
(C) Alt + F8
(D) Alt + F9
Question 69
Which key is pressed to go to Gateway of Tally from company Info. Menu ?
(A) Ctrl
(B) Enter
(C) Alt
(D) Esc
Question 70
How many secondary groups are there in Tally ?
(A) 13
(B) 15
(C) 22
(D) 28
Question 71
_____ is the shortcut to stock journal from inventory Vouchers in Tally.
(A) Alt + F4
(B) Alt + F5
(C) Alt + F7
(D) Alt + F10
Question 72
Which Shortcut key is pressed to create a new company in Tally ?
(A) Alt + F3
(B) Alt + F2
(C) F2
(D) F3
Question 73
Which option is used to make changes in created Groups of Ledgers in Tally ?
(A) Alter
(B) Create
(C) Display
(D) Change
Question 74
Which step is followed to view Purchase Register ?
(A) Gateway of Tally → Display → Account Books → Purchase Register
(B) Gateway of Tally → Account Books → Sales Register
(C) Gateway of Tally → Display → Sales Register
(D) None of these
Question 75
While exporting Ledgers from Tally to Web page, we use
(A) ASCII Format
(B) HTML Format
(C) SDF Format
(D) XML Format
Question 76
Company restore option is available in
(A) Configuration
(B) Company Features
(C) Company Information
(D) Both A & B
Question 77
To hide the name of the Company you need to define
(A) Tally Vault Password
(B) Tally Audit
(C) Create at least one User
(D) Security Control
Question 78
Goods returning to a Creditor after challan but before bill we need to pass
(A) Debit Note
(B) Receipt Note
(C) Rejection In
(D) Rejection Out
Question 79
There are _____ predefined ledgers.
(A) One
(B) Two
(C) Three
(D) Four
Question 80
Which option is used to exit Tally ?
(A) Exit
(B) Quit
(C) Close
(D) Shut company
Question 81
_____ is the shortcut to rejection out from Inventory Vouchers in Tally.
(A) Alt + F6
(B) Alt + F8
(C) Alt + F9
(D) Ctrl + F6
Question 82
Which option is used in Tally to make changes in created company ?
(A) Select Company
(B) Shut Company
(C) Alter
(D) None of these
Question 83
Which of the following is not compulsory to create while entry in Accounts with Inventory ?
(A) Stock Groups
(B) Stock Categories
(C) Stock Items
(D) Units of Measure
Question 84
To create a sales voucher in tally, you have to press _____
(A) F5
(B) F6
(C) F7
(D) F8
Question 85
Which of the following user type can view audit list ?
(A) Administrator
(B) Owner
(C) Tally Vault
(D) Data Entry
Question 86
Which option is used to view VAT or TDS computation ?
(A) Accounts Books
(B) Display
(C) Inventory Books
(D) Statutory Books
Question 87
Which option is used to move from one company to another when more than one companies are open ?
(A) Company
(B) Company Info.
(C) Select Company
(D) Shut Company
Question 88
_____ is the shortcut to physical stock verification from Inventory Vouchers in Tally.
(A) Alt + F4
(B) Alt + F5
(C) Alt + F7
(D) Alt + F10
Question 89
Which shortcut key is pressed to set ‘Yes’ in “Allow Selection of VAT/Tax class during entry ?
(A) F11
(B) F12
(C) F3
(D) F5
Question 90
How can we see Vat Reports ?
(A) Gateway of Tally > Display > Statutory Reports
(B) Gateway of Tally > Display > Statutory In
(C) Gateway of Tally > Vat Reports
(D) Gateway of Tally > Display
Question 91
We can modify an existing Company from
(A) Gateway of Tally > Modify Company
(B) Company Info > Alter Company
(C) Company Info > Alter
(D) Both a and b
Question 92
Total number of Ledgers, Groups, Entries etc. can be shown from
(A) Accounts Information
(B) Company Information
(C) Tally Audit
(D) Statistics
Question 93
BOM represents
(A) Bill of Materials
(B) Bill of Maintenance
(C) Billing of Machines
(D) All of these
Question 94
To print a voucher from Tally we need to press
(A) Alt + P
(B) Ctrl + Alt + P
(C) Ctrl + P
(D) Shift + P
Question 95
How many inbuilt Accounts group are in tally by default ?
(A) 29
(B) 30
(C) 34
(D) 37
Question 96
Reversing journal is a
(A) Report Voucher
(B) Conventional Voucher
(C) Unconventional Voucher
(D) Both a and b
Question 97
Input Vat Ledger is created under which account ?
(A) Sales
(B) Sales Return
(C) Duties & Taxes
(D) All of these
Question 98
To create purchase order press
(A) Alt + F3
(B) Alt + F4
(C) Ctrl + F4
(D) F4
Question 99
We can repeat narration by pressing
(A) Alt + Shift + R
(B) Alt + R
(C) Shift + R
(D) Ctrl + R
Question 100
_____ is the shortcut to delivery note from Inventory Vouchers in Tally.
(A) Alt + F6
(B) Alt + F8
(C) Alt + F9
(D) Ctrl + F7