Online TALLY-ERP Examination 20230% 0 Created on February 21, 2025 By ICL Computer Private LimitedFINAL EXAMINATION ACCOUNT & TALLY ERP 9TALLY FINAL EXAMINATIONTIME 30 MIN Course NameBIT(4 Months)BIT(6 Months)DIT(9Months)DIT+(12 Months)Tally ERP-9 (3 Months)CCC TESTWORD 2021EXCEL 2021ACCESS 2021Batch 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 / 501. Which accounts are automatically created by tally , when company is created ? Both of these Cash a/c None of these Profit & loss a/c 2 / 502. Which of the following is an example of compound unit of measure ? A bag of 2 liters A pack of 5 pieces A can of meters All of these 3 / 503. When company wants to buy the goods, company send…………………… to the supplier. Sales order Purchase order Payment order 4 / 504. Dividend received is an example of Sales return None of these Direct income Indirect income 5 / 505. Primary inventory entity in the stock. All of these Stock group Stock categories Stock item 6 / 506. We can change the Company Information from Company Info > View Company Info > Alter Company Info > Back up Company Info > Split Company Data 7 / 507. Find out which is not a Default Ledger in Tally None of these Profit and Loss Capital Account Cash in Hand 8 / 508. 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 2016 31st March 2017 31st Dec 2017 9th Sep 2016 9 / 509. Which of the following is the example of compound unit of measure ? Bag of 5 kg Bottle of 10 nos. All of these Box of 5 mm 10 / 5010. Depreciation of fixed assets is example of current Asset Fixed Assests Indirect Expenses Investment 11 / 5011. Income tax belongs to Provision Duties & taxes Investment None of these 12 / 5012. Tally Package is developed by None of these. Coral software Tally solutions Desktop Publishing 13 / 5013. Sales Tax Ledger falls under which Group? Purchases Sales Indirect Expenses Duties and Taxes 14 / 5014. Who is the Inventor of Tally Solution Both Shyam Sunder Goenka Bharat Goenka 15 / 5015. Tally is a ………………… Software. Cost accounting Industrial accounting Financial accounting Management accounting 16 / 5016. Which command is used to go to company information menu from the gateway of tally menu ? None of these Alt + F1 Alt + F4 Alt + F3 17 / 5017. Key for purchase order Alt + F5 Alt +f3 Alt +F4 18 / 5018. Simple unit of measure is a default unit of measure. No Yes 19 / 5019. All parties from whom Credit Purchases are made by the company Accountant Sundry Creditors Sundry Debtors Partners 20 / 5020. F12 key is used for Company Reports Company configuration Company features 21 / 5021. Loans and advances belongs to Investment Secured loan Fixed assets Current assets 22 / 5022. To change the date, shortcut used F1 F5 Alt + F2 F2 23 / 5023. Parties to whom credit sales are made by the company Investors Sundry creditors Partners Sundry debtors 24 / 5024. Secured loan is a Primary group Sub group 25 / 5025. Alt + F2 is Used for Change Company Display Date Display Ledger Display Financial year 26 / 5026. In general the Financial year from 9th September of any year 1st March of any year 1st April of any year 1st May of any year 27 / 5027. What is MRP? Market Price Minimum Retail Price Marginal Price Maximum Retail Price 28 / 5028. F3 is used for Delete Company Shut Company To change Company To change Date 29 / 5029. Building is an example of Sales Fixed asset Current asset Indirect expense 30 / 5030. We can modify an existing company from Company Info. menu > alter Inventory Info. > alter Gateway of tally menu > modify company Accounts Info. > alter 31 / 5031. F1 command is used for Alter company Shut company None of these Display company 32 / 5032. Deposit is a sub-group of Fixed asset Loans Current asset Bank OD account 33 / 5033. Salary comes under Direct expense Indirect expense Indirect income Purchase 34 / 5034. Secure loan is the sub-group of Current Asset loans & advances loans (liability) Current liabilities 35 / 5035. Alt + F2 command is used for Alter company Display date Display financial year Display day book 36 / 5036. The shortcut used to activate calculator is Ctrl + M Ctrl + A Ctrl + N Ctrl + M 37 / 5037. Freight is an example of Indirect expense Direct expense Direct income Indirect income 38 / 5038. Shares and Debentures comes under Purchase Investment Current asset Capital 39 / 5039. Which unit of measure is suitable for these items Mobiles, laptops, home theater system, cars ? Pieces All of these Dozens Numbers 40 / 5040. Company features can be set by F11 F4 F12 F10 41 / 5041. Is it compulsory to make more than one godown ? No Yes 42 / 5042. Sales order is always received from ……………………….. . Sundry creditors Sundry debtors Owners Parrtners 43 / 5043. Simple unit of measure consist of more than one unit of measure. NO Yes 44 / 5044. Which expenses are related to purchases & production of goods & core to the business activities. Revenue Expenses Indirect Expenses Direct Expenses All of these 45 / 5045. Which option you may use to create stock items from the gateway of tally menu ? Inventory Information Day book Accounts Information Stock Information 46 / 5046. Which alphabet is highlighted for the Shut option? A C H S 47 / 5047. A box of 50 pieces is an example of Simple unit of measure All of these Compound unit of measure 48 / 5048. There is no difference between Shut Company & Delete Company True False 49 / 5049. Which screen command is used for shut company . F3 F1 ALT +F1 ALT +F2 50 / 5050. Tally package is developed by Microsoft Apple Software Tally Solutions Adobe Software Exit