Tally ERP Mcqs Test Online

Maan AliLast Updated: October 10, 2025

Tally ERP Mcqs Test

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 Practice Online

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Page 1 of 1

_____________is a Reserved group which goes to liabilities?

Investment

Sundry deb

Capital A/C

Fixed Asset

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

Name of the company & Sales Tax No

All Above

Name of the company & Financial year

Name of the company & Income Tax No

Tracking number is used in _____________transaction?

All

Bank

Cash

Stock item

All expenses and losses always having?

Credit balance

Balance entered in voucher

Debit balance

Exact difference balance

____________ is the function key for changing date?

Rates & Taxes comes under ____________ Groups?

Duties &Taxes

Income

Expenditure

None

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

Audit trail

Tracking

Special situation

None of the above

Sales purchase A/C groups are reflected in _____________?

Profit & loss A/C

None if the above

Journal Register

Balance sheet

____________is beginning date of financial year?

1st March

1st February

1st April

1st January

10.

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

Current liability

Secured Loan

Loans & Advances

Unsecured Loan

11.

Closing stock appears in ______________?

Trial Balance

Profit & loss A/C

None of the above

Balance Sheet

12.

Reports come under exception reports?

Memorandum Vouchers

Negative stock

All above

Optional Vouchers

13.

Balance sheet display?

Exact financial position of the business on specific date

Bank and cash Balances

Balances of all individual account

Entire summary of the all ledger accounts

14.

In case of personal accounts the receiver is?

Both

Debit

Credit

Balance entered in voucher

15.

In tally 5.4 _____________ option is available for maintaining Accounts?

Account only

Accts-with-Inv

Inventory only

All are correct

16.

Manufacturing expenses comes under___________ Group?

Expenses (Indirect)

None

Miss Expenses

Direct Expenses

17.

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

Sales performance

None

Inventory control

Payment Decision

18.

Under Group _______________ can be created?

Date

Multiple Ledgers

Vouchers

All above

19.

Limit on single payments is available for______________?

Only ledger Accounts

Group& Ledger

None of the above

Only Groups

20.

Alias is ____________?

Simple mechanism to call an account by another name

To change group name

Type of Group

Type of Ledger

21.

Which of the following is not a account type?

Nominal account

Occasional account

Personal Accounts

Real Accounts

22.

Tally is?

Which display the detail report trial balance, balance sheet etc

Package, which maintains accounts only

Which maintains accounts with inventory records

All are correct

23.

Which financial statement can be made from Trial balance?

Purchases

Ledger

Sales

Balance sheet

24.

Trial Balance contains ___________ balance of all accounts?

Opening

Closing

Only credit

None

25.

Journal book is used to?

All sale and purchase records

To records all the non-cash transactions only

Records all the entries

Entries regarding general transactions

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Maan AliLast Updated: October 10, 2025

Shazia Abbasi says:

October 30, 2016 at 11:58 pm

Yippyyy!!! I got 80% marks in first online test .

Tally ERP Mcqs Test Online

Tally ERP Mcqs Test

Tally ERP Mcqs Test Practice Online

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Maan Ali

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