ACCOUNTING

ACCOUNTING

Assessment

Flashcard

Professional Development

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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