Tally/Tally Practical Questions Sample Test,Sample questions

Question:
 is the shortcut to vouchers as invoice from Accounting Vouchers in Tally.

1.Alt+I

2. Ctrl+V

3.Ctrl+F10

4. F10


Question:
A ‘credit note’ is sent by _____ to _____

1. Customer, seller

2.Buyer, seller

3.Creditor, seller

4.Seller, buyer


Question:
Amount payable as TDS can be known by which report in Tally?

1.E-Return

2.Form-26

3.Computation

4. Print Form 16A


Question:
Financial year normally ends no?

1. 31 March

2.1 April

3. 30 April

4.31 December


Question:
For stock journal entry we press _____ in tally.

1.F7

2.F10

3.F11

4. Alt + F7


Question:
How can data be imported in tally?

1. Depends on number of companies

2.One company to another company created within Tally Package

3.Other programs - a spreadsheet or a database file.

4. Both B and C


Question:
How many types of users are present in tally?

1.1

2.2

3.3

4.4


Question:
In tally you get currency symbol option from _____ menu.

1.Company creation

2.Stock items units

3.Regional setting

4.None of the above


Question:
In taxation, FBT stands for

1.Fringe Benefit Tariff

2.Fringe Benefit Tax

3.Frame Benefit Tax

4.Fast Benefit Tax


Question:
In taxation, TDS stands for

1.Tariff Deduction at Source

2.Tax Deducted at Source

3. Tax Deducted at Station

4. Tax Deviation at Source


Question:
In taxation, VAT stands for

1.Value Approved Tax

2.Value Added Tax

3.Value Added Transaction

4. Value Assigned Tax


Question:
In which voucher type credit sales is recorded in Tally?

1. F5:Payment

2. F6:Receipt

3. F7:Journal

4. F8:Sales


Question:
In which voucher type, amount of VAT or TDS payable to the government will be noted?

1. F4:Contra

2.F5:Payment

3. F6:Receipt

4.F7:Journal


Question:
To save entry without any amount, we have to use

1.Allow O value entry

2.Use Rej. Notes

3.Maintain Multiple godown

4.Cost Center


Question:
VAT Structure is beneficial for whom?

1. Balance Sheet

2.Cash Flow or Funds Flow

3.Trader

4.Trial Balance


Question:
What is the predefined number of groups in tally?

1.16

2. 28

3.128

4.228


Question:
Where do we record cash sales in Tally?

1.Contra

2.Journal

3.Receipt

4.Payment


Question:
Which file in tally is used to record the import activity?

1.Tally.dat

2.Tally.imp

3.Tally.ini

4. None of the above


Question:
Which group [Under] should be selected for TDS on Professional or Technical Services A/C?

1.Indirect Expenses

2.Indirect Incomes

3.Duties & Taxes

4.None of these


Question:
Which ledger is created by Tally automatically as soon as we create a new company?

1.Capital A/c.

2. Profit & Loss A/c

3.Cash

4. B and C both


Question:
Which of the following shows daily balance for a selected voucher type?

1.Balance Sheet

2.Daybook

3. Trial Balance

4.None of the above


Question:
Which option is true for viewing Profit & Loss A/C in Gateway of Tally?

1.Gateway of Tally → Account Books → Profit & Loss A/C

2.Gateway of Tally → Display → Profit & Loss A/C

3.Gateway of Tally → Reports → Profit & Loss A/C

4. None of these


Question:
Which option is used to open company created in Tally?

1.Alter

2. Shut Company

3.Create Company

4.Select Company


Question:
Which option is used to view Stock Items or Group Summary?

1.Display

2.Statutory Books

3.Accounts Books

4.Inventory Books


Question:
Which reports are prepared monthly in Tally?

1.Profit & Loss A/C

2.Balance Sheet

3.Cash Flow of Funds Flow

4.Trial Balance


Question:
Which shortcut key is pressed for voucher entry or deleting a ledger?

1.Alt + D

2.Alt + A

3.Alt + C

4.Alt + X


Question:
Which shortcut key is pressed to display Part No. for automobile industries?

1.F6

2. F10

3. F11

4.F12


Question:
Which shortcut key is pressed to view features in tally?

1. Alt+11

2.F10

3.F11

4.F12


Question:
Which shortcut key is used to change current period in Tally?

1.Alt+F2

2.F2

3. F3

4.Alt+F3


Question:
Which shortcut key is used to enable Tax Deducted at Source [TDS]?

1.F9

2.F11

3. F12

4.Alt + F12


Question:
Which shortcut key is used to view Report with all details in Tally?

1.F1

2. F3

3. Alt + F1

4.Alt + F2


Question:
Which shortcut key(s) are used to enter a stock journal in tally?

1.Alt + F7

2.Control + F7

3.Shift + F7

4.F7


Question:
Which submenu is used to create new ledgers, groups and voucher types in Tally?

1.Accounting Vouchers

2.Account Info.

3.Inventory Vouchers

4.Inventory Info.


Question:
__ is the shortcut to company info from Gateway of Tally.

1.Alt+F1

2.Alt+F2

3. Alt+F3

4. F1


Question:
__ is the shortcut to credit note from Accounting Vouchers in Tally.

1.Ctrl+F1

2.Ctrl+F8

3.Ctrl+F9

4.Alt+F1


Question:
__ is the shortcut to journal from accounting vouchers in tally.

1.F7

2.F8

3. Alt+F1

4.Ctlr+F1


Question:
__ is the shortcut to set date in Tally.

1.F2

2.F4

3.F5

4.F6


Question:
___ denotes movable or immovable property and inventory.

1.Asset

2.Accrual basis

3.Credit

4.Debit


Question:
___ is the shortcut to create payment voucher in Tally.

1.F2

2.F4

3.F5

4.F6


Question:
____ is the shortcut to shut a company in Tally.

1.Alt+F1

2.Alt+F2

3. Alt+F3

4.F1


Question:
_____ considers incoming money to be instantly available and reduction of cash to occur only on the date of actual outflow of money (instead of the date of transaction).

1.Asset

2. Accrual basis

3.Credit

4.Debit


Question:
_____ denotes increase in money.

1.Debit

2.Credit

3.Asset

4.Accrual basis


Question:
_____ is the shortcut to create receipt voucher in Tally.

1.F2

2. F3

3.F4

4.F6


Question:
_____ is the shortcut to optional voucher from Accounting Vouchers in Tally.

1.Alt+I

2. Ctrl+V

3.Ctlr+L

4. Ctrl+T


Question:
_____ is the shortcut to Payroll Auto fill from Payroll Vouchers in Tally.

1.Alt+S

2. Alt+A

3. Ctrl+F4

4. Ctrl+F5


Question:
_____ is the shortcut to receipt note from Inventory Vouchers in Tally.

1.Alt+F6

2. Alt+F8

3. Alt+F9

4. Ctrl+F7


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