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.

Which financial statement can be made from Trial balance?

Answer

Balance sheet

Question 2

2.

In case of personal accounts the receiver is?

Answer

Balance entered in voucher

Question 3

3.

Alias is ____________?

Answer

Type of Group

Answer

To change group name

Answer

Simple mechanism to call an account by another name

Answer

Type of Ledger

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.

Sales purchase A/C groups are reflected in _____________?

Answer

Journal Register

Answer

Balance sheet

Answer

None if the above

Answer

Profit & loss A/C

Question 6

6.

Journal book is used to?

Answer

To records all the non-cash transactions only

Answer

Entries regarding general transactions

Answer

Records all the entries

Answer

All sale and purchase records

Question 7

7.

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

Answer

Name of the company & Sales Tax No

Answer

Name of the company & Financial year

Answer

Name of the company & Income Tax No

Question 8

8.

____________is beginning date of financial year?

Answer

1st January

Answer

1st February

Question 9

9.

Trial Balance contains ___________ balance of all accounts?

Answer

Only credit

Question 10

10.

_____________is a Reserved group which goes to liabilities?

Answer

Sundry deb

Answer

Fixed Asset

Answer

Investment

Answer

Capital A/C

Question 11

11.

Manufacturing expenses comes under___________ Group?

Answer

Miss Expenses

Answer

Direct Expenses

Answer

Expenses (Indirect)

Question 12

12.

Reports come under exception reports?

Answer

Negative stock

Answer

Memorandum Vouchers

Answer

Optional Vouchers

Question 13

13.

Tracking number is used in _____________transaction?

Answer

Stock item

Question 14

14.

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

Answer

None of the above

Answer

Audit trail

Answer

Special situation

Question 15

15.

Which of the following is not a account type?

Answer

Nominal account

Answer

Real Accounts

Answer

Occasional account

Answer

Personal Accounts

Question 16

16.

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

Answer

Payment Decision

Answer

Sales performance

Answer

Inventory control

Question 17

17.

Closing stock appears in ______________?

Answer

Balance Sheet

Answer

None of the above

Answer

Trial Balance

Answer

Profit & loss A/C

Question 18

18.

Tally is?

Answer

All are correct

Answer

Which display the detail report trial balance, balance sheet etc

Answer

Which maintains accounts with inventory records

Answer

Package, which maintains accounts only

Question 19

19.

Rates & Taxes comes under ____________ Groups?

Answer

Expenditure

Answer

Duties &Taxes

Question 20

20.

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

Answer

Secured Loan

Answer

Current liability

Answer

Loans & Advances

Answer

Unsecured Loan

Question 21

21.

Limit on single payments is available for______________?

Answer

Only ledger Accounts

Answer

None of the above

Answer

Only Groups

Answer

Group& Ledger

Question 22

22.

Balance sheet display?

Answer

Balances of all individual account

Answer

Bank and cash Balances

Answer

Exact financial position of the business on specific date

Answer

Entire summary of the all ledger accounts

Question 23

23.

____________ is the function key for changing date?

Question 24

24.

Under Group _______________ can be created?

Answer

Multiple Ledgers

Question 25

25.

In tally 5.4 _____________ option is available for maintaining Accounts?

Answer

All are correct

Answer

Accts-with-Inv

Answer

Inventory only

Answer

Account only

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

Tally ERP Mcqs Test Practice Online

Study Plan for Tally ERP Mcqs Test Online

How to Use GoTest for Preparation:

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