Choose the correct alternatives for
any fifty one of the following: 1
X 51 = 51
1. To change Date Period, Press (in
Report)
a) F2 b) F3 c)
ALT+F2 d) ALT+F3
2. F1 is known as
a) Cmp info b) Shut Cmp c)
Select Cmp d) None
3. The Submenu available for entering
Rejection in voucher in Tally is
a) Accounting Voucher b) Inventory Voucher c) Rejection Voucher d) Receipt Voucher
4. To See the Company Configure, Press
a) F12 b) F11 c)
ALT+F2 d) ALT+F3
5. Which key is pressed to go Inventory
features from Accounting features
a) F2 b) F1 c)
ALT+F2 d) ALT+F1
6. How many accounts group are there in
Tally by default
a) 26 b) 27 c)
28
d) 29
7. Enable Company Logo, from
a) Accounting features b) Inventory features c) Company Configure d) Voucher Types
8. Voucher Print features can be active
through
a) Accounting Voucher b) Inventory features c)
Voucher Types d) None
9. Discount Ledger comes under ______________
group
a) Indirect Expenses b) Direct Expenses c) 28 d) 29
10. Tally shortcut for Rejections in and
Rejections out
a) ALT+F6 & CTRL+F6 b) ALT+F5 & CTRL+F5 c) CTRL+F6 & ALT+F6 d) CTRL+F5 & ALT+F5
11. Which shortcut is used for calculator
in Tally?
a) CTRL+N b) CTRL+C c) ALT+N d)
ALT+C
12. GST stands for
a) Goods and Sales Tax b)
Goods and Services Tax c) Global
sales tax d) None
13. Divide company data into two
financial year is possible by selecting the option
a) Divide company data b) Split company data c) Backup company data d) Restore company
data
14. Which shortcut key is used to export
data of any company in Excel, PDF, HTML or XML format?
a) ALT+E b) CTRL+P c)
CTRL+E d) ALT+P
15. The option used to copy company’s
data into Pen-drive or CD is
a) Copy b) Restore c) Backup d) B
& C
16. The shortcut key used to print of any
report in tally is
a) ATL+P b) CTRL+P c)
ALT+P d) CRTL+P
17. Which option is used to import data
from pen-drive or CD to appropriate place in tally?
a) Backup b) Restore c) Split d) None
18. Which key is pressed to go Ledger
create option from input a voucher option
a) ALT+L b) ALT+C c)
CTRL+L d) CTRL+C
19. VAT comes under ____________
Groups
a) Taxes b) Income c)
Duties & Taxes d) None
20. Tally is...
a) Package, which
maintains accounts only
b) Which maintains accounts with inventory
records
c) Which display the detail report trial
balance, balance sheet etc
d) All are correct
21. Contra entry is used for ___________
a)
Transactions
related to Purchase b) Contracting
expenses only
c) Salaries paid to the employees d) Transaction involves Cash and Bank
22. Which of the following is not a voucher
type
a)
Contra b) Payment
c) Capital d) Receipt
23. The supplier of the company belongs to
__________ group in accounting
a)
Sales b) Sundry Creditors c) Sundry Debtors d) Suppliers
24. Tally is ___________ software
a)
Manual
Accounting b) Computerize
Accounting c) Operating System d)
Language
25. What is MRP?
a)
Market
price b) Marginal price c) Maximum retail price d) Minimum retail
price
26. How many Go Down are there in tally by
default
a)
One b) Two
c) Three d) None
27. Voucher class comes under______
a) Accounting Voucher b) Inventory Voucher c) Accounts info. d) voucher type
28. Group summary report comes
under_______
a) Account Books b) Inventory Books c) Sales Register d) Purchase Register
29. We can see stock summary report with
Profit percentage by pressing
a) F12 b)
F7 c) F11 d) F8
30. Godown Report comes under
a) Inventory Books b) Account Books c) Statements of Inventory d) statements of Accounts
31. We can input customers name &
address in_______________ voucher
a) Sales & Purchase b) Rejection in
& Sales c) Rejection out &
Sales d) Purchase & Rejection out
32. By default set number of copies to
print voucher is
a) 1 b)
2 c) 0 d) 3
33. We can set print copies in print time
by pressing
a) ALT+P b)
CTRL+P c) ALT+C d) CRTL+C
34. 15.52 = 16 is a ___________ type of
rounding method
a) Normal b) downward
c) upward d) a & c
35. We can see bank report under
a) Bank books b) account books c) inventory books d) a & c
36. F
means
a) ALT+F
b) ALT+CTRL+F c)
ALT+SHIFT+F d) None
37. Create multiple stock group under
a) Inventory info. b) Stock Group c) Group
d) a & b
38. ERP stands for
a) Enterprise Record Plan b) Enterprise Record Planning c) Enterprise Resource Plan d) None
39. All data can be Accept by pressing
a)
Y b) A
c) Enter d) a & c
40. Profit and Loss ledger comes under
___________ group
a)
Profit and
loss b) Indirect Expense c) Profit
d) Primary
41. 1.250 KG, number of decimal place is
a)
2 b)
3 c) .3 d) None
42. GOT stands for
a)
Getway of
Tally b) Gatway of Tally c) Gotway of Tally d) None
43. To select company press by
a)
ALT+F1 b) F1
c) F3 d) ALT+F3
44. A new voucher comes under
a________________
a)
Account
info. b) Inventory info. c) Voucher
d) Voucher Class
45. /2017-2018 is a____________
a)
Prefix details b) Suffix details c) Voucher Date d) None
46. Tracking number can be active through
a)
Accounts
info. b) Inventory info. c) Inventory features d) Accounting features
47. How many rounding methods are there in
tally
a)
2 b) 3
c) 4 d) None
48. To see the sales register report in
separate format (Extract ), by pressing
a)
ALT+F11 b) F11
c) F12 d) None
49. To see Narration in Daybook report,
by pressing
a)
ALT+F11 b) F11
c) F12 d) ALT+F12
Show Narration: YES
50. How many units are used for
alternative unites
a) 1 b)
2 c) 3 d) None
51. How many type of GST Tax in INDIA
a) One
b) Two c) Three d) Five
52. Rejection Inward and Outward features
can be active through—
a) Accounting
Voucher b) Inventory Features c) Accounting Features d) a & c
53. Contra voucher is used for—
a) Cash A/c to Bank A/c b) Bank A/c to Cash A/c c) Both
d) None
Answer any Seven (7) from the followings:
7 X 7 = 49
I.
Write down the steps to set prefix details and suffix
details in sales voucher numbering.
II.
Write down the steps for Backup and Restore company
data.
III.
Write down the steps to see Capital account Report
with details.
IV.
Write down the steps to input Rejection in and
Rejection out Voucher.
V.
Outstanding Report with details (Receivable &
Payable).
VI.
Write down the
steps to give discount on each item.
VII.
Write down the steps to see stock summary report with
opening, closing, inwards, outwards and profit percentage.
VIII.
Explain Rounding methods with example.
