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Top 50 Tally Prime MCQs

Total questions: 50

Worksheet time: 25mins

Name
Class
Date
1.

Tally Prime is mainly used for?

a)

Word Processing

b)

Accounting and Inventory Management

c)

Video Editing

d)

Database Security

2.

Which version is the latest generation after Tally ERP 9?

a)

Tally Gold

b)

Tally Prime

c)

Tally Prime Pro

d)

Tally Enterprise

3.

What is the default ledger created in Tally Prime?

a)

Cash

b)

Purchase

c)

Sales

d)

Capital

4.

In Tally Prime, the shortcut to create a company is:

a)

Alt + K → Create

b)

Alt + F1

c)

Ctrl + F3

d)

Alt + C

5.

Which shortcut is used to select a company?

a)

Alt + F3

b)

Ctrl + F3

c)

Alt + K

d)

Shift + F3

6.

Shortcut to shut a company in Tally Prime?

a)

Ctrl + F3

b)

Alt + F3

c)

Shift + F3

d)

Alt + F1

7.

Shortcut to alter a company in Tally Prime?

a)

Alt + K → Alter

b)

Ctrl + F3

c)

Alt + F1

d)

Shift + F4

8.

How many predefined groups are available in Tally Prime?

a)

20

b)

25

c)

28

d)

30

9.

Gateway of Tally is also known as:

a)

Company Screen

b)

Trial Balance

c)

Voucher Screen

d)

Ledger Screen

10.

Which feature in Tally is used for setting GST, TDS, Payroll?

a)

Gateway of Tally

b)

F11 Features

c)

Ctrl + F9

d)

Alt + G

11.

Pre-defined ledgers in Tally Prime are:

a)

Cash and Sales

b)

Cash and Profit & Loss A/c

c)

Cash and Purchase

d)

Sales and Capital

12.

Under which group does Capital A/c fall?

a)

Current Assets

b)

Current Liabilities

c)

Capital Account

d)

Suspense A/c

13.

Under which group does Outstanding Expenses fall?

a)

Current Assets

b)

Current Liabilities

c)

Capital Account

d)

Fixed Assets

14.

Which group does Bank A/c belong to?

a)

Current Liabilities

b)

Bank Accounts

c)

Capital A/c

d)

Investments

15.

Suspense Account falls under which head?

a)

Current Liabilities

b)

Fixed Assets

c)

Capital A/c

d)

Miscellaneous

16.

Shortcut to create a voucher entry?

a)

Alt + C

b)

Alt + G

c)

Ctrl + V

d)

Alt + F3

17.

Shortcut to create contra voucher?

a)

F5

b)

F6

c)

F7

d)

F8

18.

Shortcut for Payment voucher?

a)

F5

b)

F6

c)

F7

d)

F5?

19.

Shortcut for Receipt voucher?

a)

F5

b)

F6

c)

F7

d)

F6?

20.

Shortcut for Sales voucher?

a)

F7

b)

F8

c)

F9

d)

F10

21.

Shortcut to create Stock Item?

a)

Alt + I

b)

Alt + G → Create Stock Item

c)

F7

d)

F12

22.

In Tally Prime, Stock Groups are used for?

a)

Maintaining Ledgers

b)

Classifying Stock Items

c)

Payment Entries

d)

GST Filing

23.

Unit of Measurement is created under?

a)

Accounting Vouchers

b)

Inventory Masters

c)

Ledger Group

d)

Display Menu

24.

Godowns in Tally are used for?

a)

Taxation

b)

Storing Stock

c)

Payments

d)

Payroll

25.

Which feature is used for Batch-wise inventory?

a)

Stock Summary

b)

Inventory Info

c)

Statutory Features

d)

Bank Reconciliation

26.

Shortcut to view Balance Sheet?

a)

Alt + F1

b)

Alt + G → Balance Sheet

c)

Alt + C

d)

Ctrl + F5

27.

Shortcut to view Trial Balance?

a)

Alt + G → Trial Balance

b)

Ctrl + F3

c)

Alt + O

d)

Shift + F12

28.

Profit & Loss A/c is displayed using?

a)

Alt + G → Profit & Loss

b)

Ctrl + F2

c)

F11 Features

d)

Alt + P

29.

Ratio Analysis report is available under?

a)

Display More Reports

b)

Gateway of Tally

c)

Voucher Reports

d)

Banking Menu

30.

Cash Flow & Fund Flow statements are available in?

a)

Gateway of Tally → Display More Reports

b)

F11 Features

c)

F12 Configuration

d)

Banking

31.

Bank Reconciliation in Tally Prime is done under?

a)

Banking

b)

Gateway of Tally

c)

F11 Features

d)

Accounting Vouchers

32.

Shortcut to create e-way bill in Tally Prime?

a)

Alt + W

b)

Alt + E

c)

Alt + P

d)

Ctrl + F3

33.

GST in Tally Prime is activated from?

a)

F11 Features

b)

F12 Configurations

c)

Alt + G

d)

Gateway of Tally

34.

GST Returns in Tally are available under?

a)

Display More Reports → GST Reports

b)

Banking

c)

Inventory

d)

Payroll

35.

Shortcut for printing invoice in Tally Prime?

a)

Alt + P

b)

Alt + I

c)

Ctrl + P

d)

Alt + G

36.

Tally Vault is used for?

a)

Backup Data

b)

Encrypting Company Data

c)

GST Filing

d)

Bank Reconciliation

37.

Which option is used to backup company data?

a)

Alt + Y → Data

b)

F11 Features

c)

Alt + F3

d)

Alt + O

38.

ODBC in Tally Prime allows?

a)

Importing Payroll Data

b)

Connectivity with other software

c)

GST Filing

d)

Voucher Printing

39.

Which menu is used for Import/Export data?

a)

Alt + O

b)

Alt + I

c)

Alt + P

d)

F11

40.

Shortcut for E-mailing a report?

a)

Alt + M

b)

Alt + E

c)

Alt + P

d)

Ctrl + M

41.

Shortcut to quit Tally Prime?

a)

Ctrl + Q

b)

Ctrl + E

c)

Ctrl + F3

d)

Alt + Q

42.

To change the period in Tally Prime, use:

a)

Alt + F2

b)

Alt + F1

c)

Alt + F3

d)

Ctrl + F2

43.

To change date in Tally Prime, use:

a)

F2

b)

Alt + F2

c)

Ctrl + F2

d)

Shift + F2

44.

Shortcut to view Day Book?

a)

Alt + G → Day Book

b)

Alt + D

c)

Ctrl + D

d)

Alt + P

45.

Shortcut to duplicate a voucher?

a)

Alt + 2

b)

Alt + C

c)

Alt + 3

d)

Ctrl + 2

46.

Shortcut to delete a voucher?

a)

Alt + D

b)

Alt + 2

c)

Ctrl + D

d)

Shift + D

47.

To restore data in Tally Prime, use?

a)

Alt + Y → Data → Restore

b)

Alt + O

c)

F11 Features

d)

Alt + I

48.

Which option allows security control in Tally Prime?

a)

Alt + K → Security Control

b)

Alt + Y

c)

Ctrl + F3

d)

Alt + F1

49.

Shortcut to change company in Tally Prime?

a)

Alt + F3

b)

Ctrl + F3

c)

Alt + K

d)

Alt + C

50.

Shortcut to create a ledger quickly in voucher screen?

a)

Alt + C

b)

Alt + D

c)

Ctrl + C

d)

Alt + 2

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