Tally/Tally Fill in the Blanks Sample Test,Sample questions

Question:
“Alias” represents

1.Code name

2. Nick name

3. Short name

4.All of these

Posted Date:-2024-01-28 15:31:43


Question:
“Allow components list details (Bill Materials)” option is activated for

1.Budgets

2.Stock Items

3.Ledgers

4.Cost Category

Posted Date:-2024-01-28 15:24:47


Question:
“Allow components list details (Bill of Materials)” option is activated for

1. Stock Items

2.Ledgers

3.Cost Category

4.Budgets

Posted Date:-2024-01-28 15:27:20


Question:
Bad loans in banking terminology are generally known as

1.CBS

2.NPAs

3.Prime Asset

4.BPOs

Posted Date:-2024-01-28 15:30:11


Question:
Data Folder of a Company consists of

1.3 digits

2.4 digits

3. 5 digits

4. 6 digits

Posted Date:-2024-01-28 15:12:01


Question:
Double Entry System was introduced in

1.Italy

2.India

3.Japan

4.America

Posted Date:-2024-01-28 15:16:03


Question:
For Export of Data from Company to Company Tally uses

1.XML Format

2.ASCII Format

3.SDF Format

4.None of these

Posted Date:-2024-01-28 15:08:48


Question:
How can we see Vat Reports?

1. Gateway of Tally > Display > Statutory Reports

2.Gateway of Tally > Display > Statutory In

3. Gateway of Tally > Vat Reports

4.Gateway of Tally > Display

Posted Date:-2024-01-28 15:02:23


Question:
How many groups are pre-defined in Tally?

1.15

2.19

3.28

4.30

Posted Date:-2024-01-28 15:22:26


Question:
How many inbuilt Accounts group are in tally by default?

1.29

2.30

3.34

4.37

Posted Date:-2024-01-28 15:04:12


Question:
How many type of companies can be created in Tally?

1. 2

2.3

3.4

4.5

Posted Date:-2024-01-28 15:33:01


Question:
How many voucher types area readily available in Tally?

1.16

2.18

3.20

4.28

Posted Date:-2024-01-28 15:07:31


Question:
How to activate the tally audit feature in a company?

1.Press F12 key

2. In comp info-> security control-option

3.During the creation of a company

4.Press F11 key

Posted Date:-2024-01-28 15:28:58


Question:
Input Vat Ledger is created under which account?

1.Sales

2. Sales Return

3.Duties & Taxes

4.All of these

Posted Date:-2024-01-28 15:04:54


Question:
Party account can be created through

1. Inventory creation window

2. Group creation window

3. Ledger creation window

4.Any one of them

Posted Date:-2024-01-28 15:08:24


Question:
Service Tax Report can be seen from

1.Display > Account Books

2. Display > Statutory Reports

3. Display > Day Book

4. Display > Statutory Masters

Posted Date:-2024-01-28 15:11:21


Question:
Stock maintained for production purpose is called

1.Inventory

2. Trial balance

3.Payroll

4.Ledger

Posted Date:-2024-01-28 15:32:34


Question:
TDS is applied on which of the following incomes?

1.Salary Income (Contract)

2. Commission of lottery ticket

3.Professional Fee

4.All of these

Posted Date:-2024-01-28 15:25:23


Question:
The tax collected by the employer towards income of an employee is called

1. Value Added Tax (VAT)

2.Fringe Benefit Tax (FBT)

3.Tax Collected at Source (TCS)

4. Tax Deducted at Source (TDS)

Posted Date:-2024-01-28 15:30:38


Question:
The tax collected by the seller from the buyer is generally called

1.Value Added Tax (VAT)

2.Fringe Benefit Tax (FBT)

3.Tax Collected at Source (TCS)

4. Tax Deducted at Source (TDS)

Posted Date:-2024-01-28 15:23:59


Question:
To activate Job Costing which options require to be activated?

1.Maintain VAT

2. Maintain Cost Centre

3. Use Cost Centre for Job Costing

4.Both b and c

Posted Date:-2024-01-28 15:10:49


Question:
To change the date, shortcut used

1. F1

2.F2

3. Alt+F2

4. Alt+F3

Posted Date:-2024-01-28 15:28:26


Question:
To see the report of unconventional vouchers go to

1. Display- Trial Balance

2. Display- Exception Reports

3.Display- Account Books

4.Display- Day Book

Posted Date:-2024-01-28 15:15:13


Question:
To show the cheque number while reconciling Bank Accounts press

1.CTRL + F11

2.CTRL + F12

3.F11

4. F12

Posted Date:-2024-01-28 15:10:04


Question:
Total number of Ledgers, Groups, Entries etc. can be shown from

1. Accounts Information

2.Company Information

3. Tally Audit

4.Statistics

Posted Date:-2024-01-28 15:03:31


Question:
Transfer from Main Cash to petty Cash you require to pass _____ voucher.

1.Contra

2.Payment

3.Receipt

4.None of these

Posted Date:-2024-01-28 15:09:37


Question:
We can modify an existing Company from

1.Gateway of Tally > Modify Company

2. Company Info > Alter Company

3.Company Info > Alter

4. Both a and b

Posted Date:-2024-01-28 15:03:00


Question:
What percent of Additional Tax is applied if VAT in 12.5%?

1.1%

2. 1.5%

3.2.5%

4.4%

Posted Date:-2024-01-28 15:26:25


Question:
Which group [Under] is selected in Input VAT or Output VAT?

1. Sundry Creditors

2.Direct Expenses

3.Indirect Expenses

4. Duties & Taxes

Posted Date:-2024-01-28 15:13:56


Question:
Which menu appears after starting Tally for the first time?

1.Company Info

2. Gateway of Tally

3.Display

4. None of these

Posted Date:-2024-01-28 15:06:20


Question:
Which option is selected from Company Info Menu to divide company data into two financial years?

1. Split Company Data

2.Change Tally Vault

3.New Company

4.Alter

Posted Date:-2024-01-28 15:07:08


Question:
Which option is used to copy company’s data into pen drive or cd?

1.Restore

2.Backup

3.Copy data

4. Split company data

Posted Date:-2024-01-28 15:22:01


Question:
Which option is used to view list of Primary and Secondary groups in Tally?

1.Accounts

2.List

3. List of Accounts

4.None of these

Posted Date:-2024-01-28 15:12:30


Question:
Which shortcut key is used in ‘Company Features’ Screen to use Statutory & Taxation in Tally?

1.F1

2.F2

3.F3

4.F4

Posted Date:-2024-01-28 15:14:25


Question:
Which shortcut key is used to set No in ‘Use Common Ledger A/c for Item Allocation?’

1.F11

2.F12

3. Alt + F11

4.Alt + F12

Posted Date:-2024-01-28 15:26:50


Question:
Which shortcut key is used to shut opened company in Tally?

1.F1

2. F3

3.Alt+F1

4.Alt+F3

Posted Date:-2024-01-28 15:29:26


Question:
Which shortcut key(s) are used to display list of inventory reports within balance sheet?

1.F8

2. F9

3. F10

4. F11

Posted Date:-2024-01-28 15:13:22


Question:
__ is the shortcut to Attendance from Payroll Vouchers in Tally.

1.Ctrl+F4

2.Ctrl+F5

3.Alt+A

4.Alt+S

Posted Date:-2024-01-28 15:12:55


Question:
__ is the shortcut to change the accounting period from Gateway of Tally.

1.F1

2.Alt+F1

3.Alt+F2

4.Alt+F3

Posted Date:-2024-01-28 15:15:39


Question:
__ is the shortcut to debit note from Accounting Vouchers in Tally.

1. Alt+F1

2.Ctrl+F1

3.Ctrl+F8

4.Ctrl+F9

Posted Date:-2024-01-28 15:06:42


Question:
___ is a record of all monetary transactions.

1.Account

2.Asset

3.Accrual basis

4.Credit

Posted Date:-2024-01-28 15:32:12


Question:
___ is the shortcut to payroll as Voucher from Payroll Vouchers in Tally.

1. Alt+A

2. Alt+S

3.Ctrl+F4

4.Ctrl+F5

Posted Date:-2024-01-28 15:31:09


Question:
___ is the shortcut to purchase order from Payroll Vouchers in Tally.

1.Ctrl+F4

2.Alt+F4

3.Ctrl+F5

4.Alt+F5

Posted Date:-2024-01-28 15:05:55


Question:
_____ is the shortcut for purchase voucher in Tally.

1.F5

2.F9

3. Alt+F4

4.Alt+F5

Posted Date:-2024-01-28 15:23:22


Question:
_____ is the shortcut to post dated voucher from Accounting vouchers in Tally.

1.Alt+I

2.Ctrl+V

3.Ctrl+T

4.Ctrl+F10

Posted Date:-2024-01-28 15:25:55


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