Tally ERP Mcqs Test Online

Q: How can I prepare for Tally ERP Mcqs Test Online?

You can prepare for Tally ERP Mcqs Test Online by attempting the free online quizzes at Gotest.com.pk. We provide instant results, performance reports, and detailed explanations for every question.

Question 1

1.

In tally 5.4 _____________ option is available for maintaining Accounts?

Answer

Accts-with-Inv

Answer

All are correct

Answer

Inventory only

Answer

Account only

Question 2

2.

____________ is the function key for changing date?

Question 3

3.

In case of personal accounts the receiver is?

Answer

Balance entered in voucher

Question 4

4.

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

Answer

Name of the company & Sales Tax No

Answer

Name of the company & Income Tax No

Answer

Name of the company & Financial year

Question 5

5.

Tally is?

Answer

Which display the detail report trial balance, balance sheet etc

Answer

Which maintains accounts with inventory records

Answer

Package, which maintains accounts only

Answer

All are correct

Question 6

6.

Alias is ____________?

Answer

Simple mechanism to call an account by another name

Answer

Type of Group

Answer

To change group name

Answer

Type of Ledger

Question 7

7.

Balance sheet display?

Answer

Entire summary of the all ledger accounts

Answer

Exact financial position of the business on specific date

Answer

Bank and cash Balances

Answer

Balances of all individual account

Question 8

8.

Which of the following is not a account type?

Answer

Nominal account

Answer

Real Accounts

Answer

Personal Accounts

Answer

Occasional account

Question 9

9.

Reports come under exception reports?

Answer

Optional Vouchers

Answer

Memorandum Vouchers

Answer

Negative stock

Question 10

10.

Sales purchase A/C groups are reflected in _____________?

Answer

Balance sheet

Answer

None if the above

Answer

Journal Register

Answer

Profit & loss A/C

Question 11

11.

Manufacturing expenses comes under___________ Group?

Answer

Expenses (Indirect)

Answer

Direct Expenses

Answer

Miss Expenses

Question 12

12.

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

Answer

Loans & Advances

Answer

Unsecured Loan

Answer

Secured Loan

Answer

Current liability

Question 13

13.

Tracking number is used in _____________transaction?

Answer

Stock item

Question 14

14.

Trial Balance contains ___________ balance of all accounts?

Answer

Only credit

Question 15

15.

____________is beginning date of financial year?

Answer

1st February

Answer

1st January

Question 16

16.

Limit on single payments is available for______________?

Answer

None of the above

Answer

Only Groups

Answer

Group& Ledger

Answer

Only ledger Accounts

Question 17

17.

Closing stock appears in ______________?

Answer

Trial Balance

Answer

Balance Sheet

Answer

Profit & loss A/C

Answer

None of the above

Question 18

18.

_____________is a Reserved group which goes to liabilities?

Answer

Capital A/C

Answer

Sundry deb

Answer

Investment

Answer

Fixed Asset

Question 19

19.

Under Group _______________ can be created?

Answer

Multiple Ledgers

Question 20

20.

All expenses and losses always having?

Answer

Balance entered in voucher

Answer

Debit balance

Answer

Exact difference balance

Answer

Credit balance

Question 21

21.

Rates & Taxes comes under ____________ Groups?

Answer

Duties &Taxes

Answer

Expenditure

Question 22

22.

Journal book is used to?

Answer

To records all the non-cash transactions only

Answer

Records all the entries

Answer

All sale and purchase records

Answer

Entries regarding general transactions

Question 23

23.

Which financial statement can be made from Trial balance?

Answer

Balance sheet

Question 24

24.

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

Answer

Audit trail

Answer

None of the above

Answer

Special situation

Question 25

25.

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

Answer

Inventory control

Answer

Payment Decision

Answer

Sales performance

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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