Online TALLY-Prime Examination 20250% Report a question What’s wrong with this question?You cannot submit an empty report. Please add some details. 12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152 Created on August 27, 2025 FINAL EXAMINATION ACCOUNT & TALLY PrimeAward of Grade:The Grade of SATISFACTORY requires securing a minimum score of 40% in each internals as well as the final examination& an overall weighted score of 50% An overall weighted score of 60-74% qualifies for CREDIT and >=75% qualifies for DISTINCTION. General information: 1. The examination will comprise of Objective type Multiple Choice Questions (MCQs) 2. All questions are compulsory and each carries One mark. 3. The total number of questions, duration of examination, will be different based on the course, the detail is available on your screen. 4. The Subjects or topics covered in the exam will be as per the Syllabus. 5. There will be NO NEGATIVE MARKING for the wrong answers. Roll_noNameStudent's DOBFather's nameMobile NumberEmailCourse NameCourse NameBIT(4 Months)BIT(6 Months)DIT(9Months)DIT+(12 Months)Tally Prime (3 Months)CCC TESTWORD 2021EXCEL 2021ACCESS 2021Batch Time SelectionBatch Time Selection08:00 to 09:00 AM09:00 to 10:00 AM10:00 to 11:00 AM02:00 to 03:00 PM03:00 to 04:00 PM04:00 to 05:00 PM05:00 to 06:00 PM 1 / 521) Which option you may use to create stock items from the gateway of tally menu ? Inventory Information Accounts Information Stock Information Day book 2 / 522) Secure loan is the sub-group of Current liabilities loans (liability) Current Asset loans & advances 3 / 523) Which screen command is used for shut company . ALT +F2 F3 F1 ALT +F1 4 / 524) Which of the following is the example of compound unit of measure ? All of these Bag of 5 kg Bottle of 10 nos. Box of 5 mm 5 / 525) F1 command is used for Display company Shut company None of these Alter company 6 / 526) In general the Financial year from 1st May of any year 1st April of any year 9th September of any year 1st March of any year 7 / 527) Building is an example of Indirect expense Fixed asset Current asset Sales 8 / 528) Secured loan is a Sub group Primary group 9 / 529) Which expenses are related to purchases & production of goods & core to the business activities. Direct Expenses Indirect Expenses Revenue Expenses All of these 10 / 5210) To change the date, shortcut used Alt + F2 F5 F1 F2 11 / 5211) Loans and advances belongs to Current assets Secured loan Fixed assets Investment 12 / 5212) Shares and Debentures comes under Current asset Investment Capital Purchase 13 / 5213) Tally Package is developed by Desktop Publishing Tally solutions None of these. Coral software 14 / 5214) We can change the Company Information from Company Info > View Company Info > Alter Company Info > Split Company Data Company Info > Back up 15 / 5215) Which accounts are automatically created by tally , when company is created ? None of these Cash a/c Both of these Profit & loss a/c 16 / 5216) If the Financial Year from is 1st April 2016 and the Books Beginning from 1st January 2017 then what will be the Closing Date? 31st Dec 2017 31st March 2017 9th Sep 2016 31st Dec 2016 17 / 5217) Tally is a ………………… Software. Industrial accounting Management accounting Cost accounting Financial accounting 18 / 5218) Deposit is a sub-group of Fixed asset Current asset Bank OD account Loans 19 / 5219) F12 key is used for Company configuration Company features Company Reports 20 / 5220) Income tax belongs to Investment Duties & taxes None of these Provision 21 / 5221) Depreciation of fixed assets is example of Indirect Expenses Investment Fixed Assests current Asset 22 / 5222) Company features can be set by F12 F11 F4 F10 23 / 5223) Parties to whom credit sales are made by the company Partners Investors Sundry debtors Sundry creditors 24 / 5224) Which command is used to go to company information menu from the gateway of tally menu ? Alt + F4 Alt + F1 Alt + F3 None of these 25 / 5225) What is MRP? Minimum Retail Price Marginal Price Market Price Maximum Retail Price 26 / 5226) Simple unit of measure is a default unit of measure. Yes No 27 / 5227) Simple unit of measure consist of more than one unit of measure. Yes NO 28 / 5228) F3 is used for Shut Company To change Company Delete Company To change Date 29 / 5229) Who is the Inventor of Tally Solution Shyam Sunder Goenka Bharat Goenka Both 30 / 5230) Is it compulsory to make more than one godown ? No Yes 31 / 5231) Freight is an example of Indirect expense Direct expense Direct income Indirect income 32 / 5232) Sales Tax Ledger falls under which Group? Duties and Taxes Sales Purchases Indirect Expenses 33 / 5233) Alt + F2 command is used for Display financial year Display day book Alter company Display date 34 / 5234) Salary comes under Purchase Direct expense Indirect expense Indirect income 35 / 5235) We can modify an existing company from Gateway of tally menu > modify company Company Info. menu > alter Inventory Info. > alter Accounts Info. > alter 36 / 5236) If your text exceeds the size of the placeholder, Microsoft PowerPoint reduces the font size and line spacing incrementally as you type, to make the text fit. FALSE TRUE 37 / 5237) A box of 50 pieces is an example of All of these Compound unit of measure Simple unit of measure 38 / 5238) All parties from whom Credit Purchases are made by the company Partners Accountant Sundry Debtors Sundry Creditors 39 / 5239) Dividend received is an example of None of these Indirect income Sales return Direct income 40 / 5240) Alt + F2 is Used for Display Date Change Company Display Financial year Display Ledger 41 / 5241) Tally package is developed by Microsoft Adobe Software Apple Software Tally Solutions 42 / 5242) There is no difference between Shut Company & Delete Company True False 43 / 5243) Primary inventory entity in the stock. Stock group All of these Stock item Stock categories 44 / 5244) The shortcut used to activate calculator is Ctrl + N Ctrl + A Ctrl + M Ctrl + M 45 / 5245) F12 is known as Tax Company Features Company Configuration Accounting Features 46 / 5246) Which unit of measure is suitable for these items Mobiles, laptops, home theater system, cars ? Pieces Dozens Numbers All of these 47 / 5247) Find out which is not a Default Ledger in Tally None of these Cash in Hand Profit and Loss Capital Account 48 / 5248) Key for purchase order Alt + F5 Alt +F4 Alt +f3 49 / 5249) When company wants to buy the goods, company send…………………… to the supplier. Payment order Sales order Purchase order 50 / 5250) Sales order is always received from ……………………….. . Parrtners Sundry debtors Sundry creditors Owners 51 / 5251) Which of the following is an example of compound unit of measure ? A pack of 5 pieces A can of meters All of these A bag of 2 liters 52 / 5252) Which alphabet is highlighted for the Shut option? 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