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Software House Tally Talent Hunt

Total questions: 41

Worksheet time: 21mins

Name
Class
Date
1.

Viaan wants to view the Goods Service Tax Report. Where can he find it?

a)

(A) Display > Statutory Reports

b)

(B) Display > Statutory Masters

c)

(C) Display > Account Books

d)

(D) Display > Day Book

2.

Discount Column is available in?

a)

(A) Accounting Voucher

b)

(B) Sales Invoice

c)

(C) Purchase Invoice

d)

(D) Both b and c

3.

Party accounts can be created through ?

a)

(A) Inventory creation window

b)

(B) Group creation window

c)

 (C) Ledger creation window

d)

(D) Any one of them

4.

For Export of Data from Company to Company Tally uses ?

a)

(A) XML Format

b)

 (B) ASCII Format

c)

 (C) SDF Format

d)

(D) None of these

5.

We can change the Company Information from

a)

(A) Company Info > View

b)

(B) Company Info > Split Company Data

c)

(C) Company Info > Back up

d)

(D) Company Info > Alter

6.

Manufacturing journal created based on

a)

(A) Purchase Quotation

b)

(B) Stock Journal

c)

(C) Receipt Note

d)

(D) Journal

7.

Transfer from Main Cash to petty Cash you require to pass _____ voucher.

a)

(A) Contra

b)

(B) Payment

c)

(C) Receipt

d)

(D) None of these

8.

The shortcut used for Optional vouchers is

a)

(A) Ctrl + A

b)

(B) Ctrl + L

c)

C) Ctrl + N

d)

(D) Ctrl + M

9.

Suspense Account Group is defined under

a)

(A) Assets

b)

(B) Liabilities

c)

(C) Expenditure

d)

(D) Income

10.

To alter a master while making an entry or viewing a report

a)

(A) Ctrl + Enter

b)

 (B) Tab + Enter

c)

(C) Shift + Enter

d)

(D) Alt + Enter

11.

If you want to view a report in more detail, simply press the appropriate button.

a)

(A) F2

b)

(B) Alt + C

c)

(C) Alt + F1

d)

(D) Alt + F2

12.

The Tally software is created by.

a)

(A) Microsoft

b)

(B) Adobe Software

c)

(C) Software House

d)

(D) Tally Solutions

13.

Single Entry mode is applicable for

a)

(A) Payment Voucher

b)

(B) Contra Voucher

c)

(C) Receipt Voucher

d)

(D) All of these

14.

Creating multiple users in Tally is possible by activating the relevant feature

a)

(A) Tally Audit

b)

(B) Use Security Control

c)

(C) Both a and b

d)

(D) All of these

15.

Can you explain the meaning of MRP?

a)

(A) Minimum Retail Price

b)

(B) Maximum Retail Price

c)

(C) Marginal Price

d)

(D) Market Price

16.

We can cancel a voucher using

a)

(A) Alt + X

b)

(B) Ctrl + Shift + X

c)

(C) Ctrl + X

d)

(D) Shift + X

17.

Transfer of materials from one go-down to another go-down, use

a)

(A) Stock Journal

b)

(B) Purchase Journal

c)

(C) Manufacturing Journal

d)

(D) Both a and b

18.

To remove a line at all reports screens, the shortcut is

a)

(A) Alt + R

b)

(B) Alt + S

c)

(C) Alt + 1

d)

(D) Alt + T

19.

Which shortcut key is used to view configure in Tally?

a)

(A) Alt+F9

b)

(B) F10

c)

(C) F11

d)

(D) F12

20.

In which voucher type credit purchase entry is posted in Tally?

a)

(A) F5:Payment

b)

(B) F6:Receipt

c)

(C) F7:Journal

d)

(D) F9:Purchase

21.

List of Optional Vouchers we can get from

a)

(A) Accounts Books

b)

(B) Balance sheet

c)

(C) Cash Bank Books

d)

(D) Exceptional Reports

22.

Find out which is not a Default Ledger in Tally

a)

(A) Profit & Loss

b)

(B) Cash in Hand

c)

(C) Capital Account

d)

(D) All of these

23.

How many types of measurement units we can create in Tally?

a)

(A) 1

b)

(B) 2

c)

(C) 3

d)

(D) 4

24.

We can use Stock Journal for

a)

(A) Maintain GST

b)

(B) Production and Consumption

c)

(C) Inter Godown transfer for stock

d)

(D) Both b and c

25.

We can switch from the Accounting Voucher to the Inventory Voucher by pressing

a)

(A) F2

b)

(B) Ctrl+H

c)

(C) Ctrl + I

d)

(D) Alt +F1

26.

_____ is the shortcut to create a contra voucher in Tally.

a)

(A) F2

b)

(B) F3

c)

(C) F4

d)

(D) F5

27.

Where do we record purchase return, sales return, depreciation, bad debts, etc. in Tally?

a)

(A) Receipt

b)

(B) Contra

c)

(C) Journal

d)

(D) Payment

28.

Suspense Account Group is defined under

a)

(A) Assets

b)

(B) Liabilities

c)

(C) Expenditure

d)

(D) Income

29.

Which key is used to post an entry in the Debit Note in the Tally Prime?

a)

(A) Ctrl+F8

b)

(B) ALT+F5

c)

(C) F7

d)

(D) F8

30.

Which option is used to make changes in created Groups of Ledgers in Tally Prime?

a)

(A) Alter

b)

(B) Create

c)

(C) Display

d)

(D) Change

31.

Which step is followed to view the Purchase Register?

a)

(A) Gateway of Tally → Display → Account Books → Purchase Register

b)

(B) Gateway of Tally → Account Books → Sales Register

c)

(C) Gateway of Tally → Display → Sales Register

d)

(D) None of these

32.

While exporting Ledgers from Tally to the Web page, we use

a)

(A) ASCII Format

b)

(B) HTML Format

c)

(C) SDF Format

d)

(D) XML Format

33.

Which Shortcut key is used for the company restore in Tally Prime ?

a)

(A) Alt+K

b)

(B) Alt+Y

c)

(C) Alt+Z

d)

(D) Alt+O

34.

To hide the name of the Company you need to define

a)

(A) Tally Vault Password

b)

(B) Tally Audit

c)

(C) Create at least one User

d)

(D) Security Control

35.

Which Shortcut Key is used to exit Tally?

a)

(A)Alt+A

b)

(B) Ctrl+Q

c)

(C) Alt+D

d)

(D) ESC

36.

Which of the following is not compulsory to create while entry in Accounts with Inventory?

a)

(A) Stock Groups

b)

(B) Stock Categories

c)

(C) Stock Items

d)

(D) Units of Measure

37.

Total number of Ledgers, Groups, Entries etc. can be shown from

a)

(A) Accounts Information

b)

(B) Company Information

c)

(C) Tally Audit

d)

(D) Statistics

38.

BOM represents

a)

(A) Bill of Materials

b)

(B) Bill of Maintenance

c)

(C) Billing of Machines

d)

(D) All of these

39.

We can repeat narration by pressing

a)

(A) Alt + Shift + R

b)

(B) Alt + R

c)

(C) Shift + R

d)

(D) Ctrl + R

40.

Which option is selected from the Company Info Menu to divide company data into two financial years?

a)

(A) Split Company Data

b)

(B) Change Tally Vault

c)

(C) New Company

d)

(D) Alter

41.

Allow components list details (Bill Materials) an option is activated for

a)

(A) Budgets

b)

(B) Stock Items

c)

(C) Ledgers

d)

(D) Cost Category