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Scenario Management and Budgets, Reports.

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.
Which vouchers are used in scenario management?
a)
All of Above
b)
Reversing Journals.
c)
Optional Vouchers.
d)
Memorandum Vouchers.
2.
Where to see all scenario management reports in Tally?
a)
Under Exception Reports
b)
Under Accounts Info
c)
Under List of Account
d)
Under Statement of Account
3.
Scenario Management helps in business to_____________?
a)
Forcast Revenue/expenses
b)
Generate financial statements
c)
Track receivable and payables
d)
Manage expenses
4.
How to Enable Scenario Management features in Tally.ERP9?
a)
F11 > Accounting Features > Use reversing journal and optional vouchers > Yes
b)
F11 > Accounting Features > Maintain budgets and controls > Yes
c)
F12 > Inventory Features > Use reversing journal and optional vouchers > Yes
d)
F12 > Configurations > Enable Scenario Management > Yes
5.
What is the shortcut key of Reversing Journal voucher?
a)
F10
b)
Ctrl + F10
c)
F9
d)
Alt + F7
6.
Can we create Multiple budgets for a single Company in Tally.ERP9?
a)
Yes
b)
Maximum 9 Nos of Budgets can be created in an FY
c)
No not possible in Tally
d)
None of these
7.
Which is key of a Budget variance report in tally?
a)
Alt + B
b)
Alt + C
c)
Ctrl + B
d)
Alt + V
8.
Can we alter and delete budget after tagging with Transactions?
a)
Yes, budget alter/delete any time
b)
No, if you have tagged with transactions, budget not alter and delete.
c)
Yes, before the record transactions
d)
None of these
9.
What is the shortcut way of budget creation screen in tally?
a)
GOT > ABC
b)
GOT > IBC
c)
GOT > ASC
d)
GOT > BC
10.
How to set a credit limit in tally?
a)
Go to > Gateway of Tally > Accounts Info > Ledger > Create/alter > Specify credit limit.
b)
Go to > Gateway of Tally > Accounts Info > Ledger > Display > Specify credit limit.
c)
Go to > Gateway of Tally > Accounts Info > Budget > Create/alter > Specify credit limit.
d)
Go to > Gateway of Tally > Accounts Info > Scenario > Create/alter > Specify credit limit.