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Sales@Tally Quiz 1

Total questions: 25

Worksheet time: 12mins

Name
Class
Date
1.
What is the utility of the Tally Vault Password?
a)
It will not show the Company Name in the Company Select List
b)
It will lock all voucher entries for that Company
c)
It will lock the period of Company
d)
All are Correct
2.

Popular drill-down feature can be accessed by these 2 keys -

a)

F11 & F12

b)

Enter & Esc

c)

Space & Esc

d)

Page Up & Page Down

3.

Which format of file can be exported from Tally?

a)

Excel

b)

PDF

c)

JPEG

d)

All of the above

4.

What are the Banking features available with Tally?

a)

Auto-Bank Reconciliation

b)

Cheque Printing

c)

PDC Management

d)

All of the Above

5.

You can track the expenses for a particular project/department using __________ in Tally.

a)

Bill of Material

b)

By Enabling Locations

c)

Cost/Profit Centers

d)

Multi-Currency

6.

You need an experts help to apply Company Logo while printing your invoices in Tally.ERP 9?

a)

True

b)

False

7.

You can start a new financial year by changing the simply pressing ____ from Gateway of Tally.

a)

Date (F2)

b)

Period (Alt + F2)

c)

Cmp Info (Alt + F3)

d)

Configure (F12)

8.

A company's income before interest and taxes are applied is called?

a)

gross earnings

b)

net profit

c)

net income

d)

operating income

9.
How do we calculate total costs?
a)
Fixed Costs - Variable Costs
b)
Total Revenue - Fixed Costs
c)
Variable Costs x Total Revenue
d)
Fixed Costs + Variable Costs
10.
Fixed costs _______ vary with production. (fill in the blank)
a)
Do
b)
May
c)
Sometimes
d)
Do not
11.
What are the 4 p's of marketing?
a)
price, product, promotion, place
b)
price, person, promotion, place
c)
place, perspective, promotion, place
12.

The physical objects that make up the computer system:

a)

Software

b)

Storage

c)

Input

d)

Hardware

13.

The 2 types of Software are:

a)

Operating System

b)

System

c)

Business

d)

Application

14.

Types of operating systems:

a)

Unix

b)

Robotics

c)

Linux

d)

Windows

e)

Business

15.

First In, First Out is

a)

an assumption that the inventory purchased first is sold first

b)

the reality that the inventory purchased first is sold first

c)

an assumption that the inventory purchased last will be sold first

d)

a dance move

16.

Cost of sales

a)

Is the revenue generated from selling inventory

b)

The value of inventory recorded in the inventory cards

c)

Net profit minus Expenses

d)

Expenses incurred when inventory is sold

17.

Gross Profit is

a)

Revenue Less Expenses

b)

The profit earned purely from the purchase and sale of inventory

c)

The same as Net Profit

d)

The same as Sales Revenue

18.

Mr.W has current assets of $500 and total assets of $1500. ABC has current liabilities of $300 and total liabilities of $800. What is the amount of ABC's owner's equity

a)

200

b)

700

c)

900

d)

800

19.

What does ERP stand for?

a)

Enterprise Resource Planning

b)

Enterprise Resource Program

c)

Enterprise Recycling Program

d)

Environmental Resource Planning

20.

You are working at Clark's in the shoe department. The customer you are working with loves the stylish shoes you showed them but is unsure of the purchase because of the price. To help make the sale what selling step would you use?

a)

closing the sale

b)

suggestion selling

c)

feature benefit selling

d)

overcoming objections

21.

What can salespeople do to maintain good relationships with existing customers?

a)

Ask for new referrals

b)

Use customers in advertisements

c)

Live up to their promises

d)

Send customers expensive gifts

22.

What is meant by consultative selling ?

a)

Selling by offering alternatives

b)

Offering customers discounts

c)

Selling by first understanding the customers needs

d)

Using features and benefits to sell

23.
Collaborative and cooperative with co-workers; contribute to goals; these are  examples of....
a)
Teamwork
b)
Responsibility
c)
Respect
d)
Time Management
24.

What does HTTPS stand for?

a)

Hyper Transfer Text Protocol Secure

b)

Hippo Tick Tests Perfectly Synchronized

c)

Hyper Text Transfer Protocol Secure

d)

Hyper Text Transfer Prototype Secure

25.

Which one of the following statements is a good guideline for netiquette?

a)

Type an e-mail message in capital letters.

b)

Often send chain letters to all your e-mail friends.

c)

Create an e-mail message that is distinct, unambiguous and without spelling errors.

d)

Send some of your personal messages to favourite members of a newsgroup.