
ACCOUNTING

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Professional Development
•
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Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
Which Shortcut key is used in Tally ERP 9 to view data in Tabular Format?
Back
CTRL+F8
2.
FLASHCARD QUESTION
Front
Into How Many sections we can alter GST rate details in Tally?
Back
3
3.
FLASHCARD QUESTION
Front
What is default ledger created in tally when new company is set up?
Back
Cash
4.
FLASHCARD QUESTION
Front
Which Function Key is used to open the Company Features Menu in Tally?
Back
F11
5.
FLASHCARD QUESTION
Front
Suppose I am doing an accounting of a company and in that I have found there is a difference in Bank Balance which needs to be found and corrected quickly. Which Feature and Shortcut will you use to do it?
Back
Running Balance and F12
6.
FLASHCARD QUESTION
Front
What is Shortcut for getting automatic GSTR-1 report from Tally? Options: DOB-1, DOG-1, DOG-1A, DOB-1A
Back
DOG-1
7.
FLASHCARD QUESTION
Front
Which of the following is a limitation of the accrual accounting method? It does not recognize revenue until cash is received, It ignores expenses that are not yet paid, It may overstate or understate actual cash flow, It strictly follows a cash-based approach
Back
It may overstate or understate actual cash flow
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