FSCHOOL QUIZ KNR 26.07.2025

In Tally Prime, enabling “Bill-wise Details” for a ledger primarily helps in:

• Tracking stock batches

• GST Input Tax Credit

• Outstanding receivables/payables tracking

• Recording fixed assets

Which option helps in bifurcating expenses based on departments or branches?

• Cost Centre

• Price Levels

• Voucher Class

• Remote Access

In bank configuration, Which field is most helpful in identifying bank branch

• PAN

• IFSC

• GSTIN

• TIN

In accounting voucher configuration, can use “Single Entry Mode” is for:

• PAYMENT

• RECEIPT

• JOURNAL

• PURCHASE

“Use separate actual and billed quantity column in invoices” is enabled under:

• F11 Features

• F12 Configuration

• Ledger Master

• Print Configuration

Which shortkey is used to suppress an entry from a report temporarily

• ALT+X

• CTRL+R

• ALT+I

• CTRL+A

A company deals with trading items but wants to maintain inventory separately without affecting accounts. What setting should be used?

• Enable Stock Categories

• Disable “Integrate Accounts with Inventory”

• Maintain Multiple Godowns

• Enable Cost Centres

What function returns the current system date?

• =DATE()

• =TODAY()

• =CURRENT()

• =CURDT()

Where is the “Remove Duplicates” feature located?

• Review tab

• Insert tab

• Data tab

• View tab

Which excel tool restrict the data that can be entered in a cell/range

• Data Validation

• Flash Fill

• What if Analysis

• Sort