Tally ERP Mcqs Test Online

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Question 1

1.

Journal book is used to?

Answer

Entries regarding general transactions

Answer

All sale and purchase records

Answer

Records all the entries

Answer

To records all the non-cash transactions only

Question 2

2.

In tally 5.4 _____________ option is available for maintaining Accounts?

Answer

Account only

Answer

Accts-with-Inv

Answer

Inventory only

Answer

All are correct

Question 3

3.

Alias is ____________?

Answer

Type of Ledger

Answer

Type of Group

Answer

Simple mechanism to call an account by another name

Answer

To change group name

Question 4

4.

Under Group _______________ can be created?

Answer

Multiple Ledgers

Question 5

5.

In case of personal accounts the receiver is?

Answer

Balance entered in voucher

Question 6

6.

____________is beginning date of financial year?

Answer

1st February

Answer

1st January

Question 7

7.

Tally is?

Answer

Package, which maintains accounts only

Answer

Which maintains accounts with inventory records

Answer

Which display the detail report trial balance, balance sheet etc

Answer

All are correct

Question 8

8.

Which of the following information is must to create a company?

Answer

Name of the company & Income Tax No

Answer

Name of the company & Financial year

Answer

Name of the company & Sales Tax No

Question 9

9.

Tracking number is used in _____________transaction?

Answer

Stock item

Question 10

10.

Which financial statement can be made from Trial balance?

Answer

Balance sheet

Question 11

11.

Reports come under exception reports?

Answer

Optional Vouchers

Answer

Memorandum Vouchers

Answer

Negative stock

Question 12

12.

System of traversing form Balance sheet to voucher permitting to view al the?

Answer

Special situation

Answer

None of the above

Answer

Audit trail

Question 13

13.

Sales purchase A/C groups are reflected in _____________?

Answer

Journal Register

Answer

Balance sheet

Answer

Profit & loss A/C

Answer

None if the above

Question 14

14.

Trial Balance contains ___________ balance of all accounts?

Answer

Only credit

Question 15

15.

Rates & Taxes comes under ____________ Groups?

Answer

Expenditure

Answer

Duties &Taxes

Question 16

16.

Cash in hand & bank A./C balance helps for_____________?

Answer

Payment Decision

Answer

Inventory control

Answer

Sales performance

Question 17

17.

Manufacturing expenses comes under___________ Group?

Answer

Direct Expenses

Answer

Miss Expenses

Answer

Expenses (Indirect)

Question 18

18.

Term loans & other medium /long _term loans comes under __________Group?

Answer

Secured Loan

Answer

Loans & Advances

Answer

Unsecured Loan

Answer

Current liability

Question 19

19.

Balance sheet display?

Answer

Entire summary of the all ledger accounts

Answer

Balances of all individual account

Answer

Exact financial position of the business on specific date

Answer

Bank and cash Balances

Question 20

20.

Which of the following is not a account type?

Answer

Real Accounts

Answer

Nominal account

Answer

Personal Accounts

Answer

Occasional account

Question 21

21.

____________ is the function key for changing date?

Question 22

22.

Limit on single payments is available for______________?

Answer

Only Groups

Answer

None of the above

Answer

Group& Ledger

Answer

Only ledger Accounts

Question 23

23.

Closing stock appears in ______________?

Answer

Balance Sheet

Answer

Trial Balance

Answer

Profit & loss A/C

Answer

None of the above

Question 24

24.

All expenses and losses always having?

Answer

Debit balance

Answer

Exact difference balance

Answer

Balance entered in voucher

Answer

Credit balance

Question 25

25.

_____________is a Reserved group which goes to liabilities?

Answer

Sundry deb

Answer

Investment

Answer

Capital A/C

Answer

Fixed Asset

Question 26

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Total Questions:	25
Time Allowed:	10 Minutes
Total Marks:	25
How to Attempt Test:	Please choose the right Option in MCQ-type question.
Test Helpful For:	Computer Test Competitive exam Forces test Fpsc Entry test Recruitment test

Tally ERP Mcqs Test Online

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Tally ERP Mcqs Test

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