WorksheetsInterest Calculation and Job Costing
Total questions: 10
Worksheet time: 10mins
Name
Class
Date
1.
Interest is calculated and posted into the ledger account from Voucher type_________?
a)
Debit and Credit Note
b)
Payment
c)
Journal
d)
Receipt
2.
Interest calculation is enabled for ______?
a)
Ledger
b)
Stock Item
c)
Cost Centre
d)
All of Above
3.
From where Interest calculation is activated?
a)
F11 : F1
b)
F11 : F2
c)
F12 : F1
d)
F12 only
4.
When does interest calculation starts?
a)
All of above.
b)
When Credit period ends
c)
After a fixed Date
d)
Just after Credit sale
5.
What is the shortcut way of Interest Calculation reports in Tally.ERP9?
a)
GOT > DSI
b)
GOT > DSC
c)
GOT > DEI
d)
GOT > DAL
6.
Job Costing is used for_______?
a)
All of above
b)
To track overhead costs by allocating them for each job
c)
Determine the revenue and expenditure and the profit/loss associated with each job
d)
Determining the actual cost for each job
7.
Where is the Display of Job Costing report in Tally.ERP9?
a)
GOT > Display > Statement of Inventory > Job Work Analysis
b)
GOT > Display > Statement of Accounts > Job Work Analysis
c)
GOT > Display > Job Work Analysis
d)
GOT > Display > Inventory Books > Job Work Analysis
8.
Which voucher is used for Material Consumption & Material Transfer entry in Tally.ERP9?
a)
Stock Journal
b)
Journal
c)
Sale Invoice Mode
d)
Credit/Debit Note
9.
We want to compare 4 projects wise reports in Single window. What can I do?
a)
Yes, Press Alt + C
b)
Yes, Press Alt + N
c)
No, Tally allows only one project report.
d)
Yes, from F12 Configure options
10.
ABC Private Limited construction of residential apartments and selling them to customers of the business. We need to handle Job-wise revenue and expenditure. Which option of Tally handle these operations?
a)
Job Costing
b)
Cost tracking
c)
Cost Centre
d)
Job Order Processing
100 %
