Tally ERP Mcqs Test Online

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Question 1

1.

In tally 5.4 _____________ option is available for maintaining Accounts?

Answer

All are correct

Answer

Accts-with-Inv

Answer

Account only

Answer

Inventory only

Question 2

2.

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

Answer

Name of the company & Financial year

Answer

Name of the company & Income Tax No

Answer

Name of the company & Sales Tax No

Question 3

3.

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

Answer

Special situation

Answer

Audit trail

Answer

None of the above

Question 4

4.

All expenses and losses always having?

Answer

Balance entered in voucher

Answer

Credit balance

Answer

Debit balance

Answer

Exact difference balance

Question 5

5.

Limit on single payments is available for______________?

Answer

None of the above

Answer

Only Groups

Answer

Only ledger Accounts

Answer

Group& Ledger

Question 6

6.

Balance sheet display?

Answer

Bank and cash Balances

Answer

Balances of all individual account

Answer

Exact financial position of the business on specific date

Answer

Entire summary of the all ledger accounts

Question 7

7.

In case of personal accounts the receiver is?

Answer

Balance entered in voucher

Question 8

8.

Sales purchase A/C groups are reflected in _____________?

Answer

Journal Register

Answer

Profit & loss A/C

Answer

Balance sheet

Answer

None if the above

Question 9

9.

Tracking number is used in _____________transaction?

Answer

Stock item

Question 10

10.

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

Answer

Current liability

Answer

Unsecured Loan

Answer

Secured Loan

Answer

Loans & Advances

Question 11

11.

Reports come under exception reports?

Answer

Negative stock

Answer

Memorandum Vouchers

Answer

Optional Vouchers

Question 12

12.

_____________is a Reserved group which goes to liabilities?

Answer

Sundry deb

Answer

Capital A/C

Answer

Investment

Answer

Fixed Asset

Question 13

13.

Trial Balance contains ___________ balance of all accounts?

Answer

Only credit

Question 14

14.

____________ is the function key for changing date?

Question 15

15.

Rates & Taxes comes under ____________ Groups?

Answer

Duties &Taxes

Answer

Expenditure

Question 16

16.

Journal book is used to?

Answer

Entries regarding general transactions

Answer

To records all the non-cash transactions only

Answer

All sale and purchase records

Answer

Records all the entries

Question 17

17.

Under Group _______________ can be created?

Answer

Multiple Ledgers

Question 18

18.

Manufacturing expenses comes under___________ Group?

Answer

Expenses (Indirect)

Answer

Direct Expenses

Answer

Miss Expenses

Question 19

19.

Closing stock appears in ______________?

Answer

Balance Sheet

Answer

None of the above

Answer

Profit & loss A/C

Answer

Trial Balance

Question 20

20.

Alias is ____________?

Answer

Type of Ledger

Answer

Simple mechanism to call an account by another name

Answer

To change group name

Answer

Type of Group

Question 21

21.

____________is beginning date of financial year?

Answer

1st January

Answer

1st February

Question 22

22.

Which financial statement can be made from Trial balance?

Answer

Balance sheet

Question 23

23.

Which of the following is not a account type?

Answer

Personal Accounts

Answer

Occasional account

Answer

Nominal account

Answer

Real Accounts

Question 24

24.

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

Answer

Payment Decision

Answer

Inventory control

Answer

Sales performance

Question 25

25.

Tally is?

Answer

Package, which maintains accounts only

Answer

Which display the detail report trial balance, balance sheet etc

Answer

All are correct

Answer

Which maintains accounts with inventory records

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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