Tally MCQ With Answers Set 3

Tally MCQ
 Quiz Set123

Question 1. Find out which is not a Default Ledger in Tally?

(A) Profit and Loss

(B) Cash in Hand

(C) Capital Account

(D) None of these

View Answer
(C) Capital Account

Question 2. Tally ERP 9 Logo is displayed at?

(A) Left of the bottom pane

(B) Right of the bottom pane

(C) Middle of the bottom pane

(D) None of the above

View Answer
(A) Left of the bottom pane

Question 3. Multiple godown are activated from?

(A) F11

(B) F11>F1

(C) F11>F2

(D) F11>F3

View Answer
(C) F11>F2 

Question 4. Choose the right option to change the Company Information?

(A) Company info> Back up

(B) Company info> Alter

(C) Company info> split Company Data

(D) None of these

View Answer
(B) Company info> Alter 

Question 5. Select the right usefulness of Tally vault Password?

(A) It will lock the period of Company Sales

(B) It will lock the period of Company

(C) It will lock all voucher entries for that Company

(D) It will not show the Company Name in the Company Select List

View Answer
(D) It will not show the Company Name in the Company Select List

Question 6. To print a voucher from Tally pressing __________.

(A) Ctrl+P

(B) Shift +P

(C) Alt +P

(D) Ctrl+Alt +P

View Answer
(C) Alt +P

Question 7. Select Credit Note Voucher with shortcut key __________.

(A) Alt+F8

(B) Ctrl+F8

(C) Shift+F8

(D) None of the above

View Answer
(B) Ctrl+F8 

Question 8. In Tally to make journal entry select the right option __________.

(A) F7

(B) F10

(C) F11

(D) Alt+F7

View Answer
(A) F7 

Question 9. To record purchase of Fixed Assets in credit, pass the entry from?

(A) Payment mode

(B) Receipt Mode

(C) Journal Mode

(D) Contra Mode

View Answer
(C) Journal Mode 

Question 10. For Reconciliation of Bank in bank ledger press ___________.

(A) F3

(B) F5

(C) F10

(D) F12

View Answer
(B) F5 

Question 11. To get Payroll Reports choose?

(A) Gateway of Tally>Display

(B) Gateway of Tally>Display> Statement of Accounts

(C) Gateway of Tally>Display> Statement of Payroll

(D) Gateway of Tally>Display>Payroll Reports

View Answer
(D) Gateway of Tally>Display>Payroll Reports  

Question 12. Patent account falls under __________.

(A) Investments

(B) Liabilities

(C) Current Assets

(D) None of these

View Answer
(D) None of these

Question 13. Which shortcut key is pressed to create a new Ledger during voucher entry ? 

(A) Alt+ C

(B) Alt+ X

(C) Alt+ D

(D) Alt+ A

View Answer
(A) Alt+ C

Question 14. TDS deduction entry can be made through?

(A) Payment Voucher

(B) Journal Voucher

(C) Receipt Voucher

(D) All of the above

View Answer
(B) Journal Voucher

Question 15. Following is an annual statement maintained for disclosing the details of tax credit in a tax-payer’s account as per the database of the I-T Department __________.

(A) 234C

(B) 26AS

(C) ITR V

(D) None of the above

View Answer
(B) 26AS 

Question 16. To register and create account for e filing of Income Tax which is the required documents?

(A) Permanent Account Number

(B) Tax Deduction Account Number

(C) TDS Certificate

(D) Form 16

View Answer
(A) Permanent Account Number 

Question 17. To save entry without any amount, we have to use?

(A) Cost Center

(B) Maintain Multiple godown

(C) Allow 0 value entry

(D) Use Rejection notes

View Answer
(C) Allow 0 value entry

Question 18. Transfer of materials from one godown to another godown, use?

(A) Manufacturing Journal

(B) Stock Journal

(C) Purchase Journal

(D) Both A & B

View Answer
(B) Stock Journal

Question 19. We can repeat narration by pressing?

(A) Shift + R

(B) Alt + R

(C) Ctrl + R

(D) Alt + Shift + R

View Answer
(C) Ctrl + R 

Question 20. What is the shortcut used for Sales Order in Tally? 

(A) Alt + F4

(B) Alt + F5

(C) Alt + F7

(D) Alt + F8

View Answer
(B) Alt + F5
 Quiz Set123