0% 0 Created on February 21, 2025 TALLY UNIT-1 CLASS TESTQUESTION -40 NameEmailRoll_noBatch 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 / 40Freight is an example of Indirect income Direct income Direct expense Indirect expense 2 / 40Which option you may use to create stock items from the gateway of tally menu ? Inventory Information Stock Information Day book Accounts Information 3 / 40Shares and Debentures comes under Investment Purchase Capital Current asset 4 / 40Salary comes under Indirect income Purchase Direct expense Indirect expense 5 / 40Who is the Inventor of Tally Solution Shyam Sunder Goenka Bharat Goenka Both 6 / 40Deposit is a sub-group of Fixed asset Loans Bank OD account Current asset 7 / 40Dividend received is an example of Sales return None of these Direct income Indirect income 8 / 40In general the Financial year from 1st May of any year 9th September of any year 1st April of any year 1st March of any year 9 / 40Tally is a ………………… Software. Industrial accounting Financial accounting Cost accounting Management accounting 10 / 40Which screen command is used for shut company . ALT +F2 F1 F3 ALT +F1 11 / 40Which expenses are related to purchases & production of goods & core to the business activities. Indirect Expenses Direct Expenses All of these Revenue Expenses 12 / 40We can modify an existing company from Company Info. menu > alter Accounts Info. > alter Gateway of tally menu > modify company Inventory Info. > alter 13 / 40Which alphabet is highlighted for the Shut option? C H A S 14 / 40F3 is used for Shut Company To change Company Delete Company To change Date 15 / 40Find out which is not a Default Ledger in Tally Cash in Hand None of these Capital Account Profit and Loss 16 / 40Secured loan is a Primary group Sub group 17 / 40F1 command is used for Shut company Display company Alter company None of these 18 / 40Which of the following is an example of compound unit of measure ? All of these A can of meters A pack of 5 pieces A bag of 2 liters 19 / 40Depreciation of fixed assets is example of Investment current Asset Fixed Assests Indirect Expenses 20 / 40Which command is used to go to company information menu from the gateway of tally menu ? None of these Alt + F1 Alt + F4 Alt + F3 21 / 40What is MRP? Maximum Retail Price Market Price Marginal Price Minimum Retail Price 22 / 40F12 is known as Company Configuration Accounting Features Company Features Tax 23 / 40Loans and advances belongs to Current assets Fixed assets Secured loan Investment 24 / 40Building is an example of Current asset Fixed asset Sales Indirect expense 25 / 40Which accounts are automatically created by tally , when company is created ? Profit & loss a/c None of these Both of these Cash a/c 26 / 40Sales Tax Ledger falls under which Group? Purchases Sales Indirect Expenses Duties and Taxes 27 / 40Income tax belongs to Investment Duties & taxes Provision None of these 28 / 40There is no difference between Shut Company & Delete Company False True 29 / 40If 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 Dec 2016 31st March 2017 9th Sep 2016 30 / 40Alt + F2 is Used for Display Ledger Display Date Display Financial year Change Company 31 / 40Secure loan is the sub-group of loans & advances Current Asset loans (liability) Current liabilities 32 / 40Tally package is developed by Adobe Software Tally Solutions Apple Software Microsoft 33 / 40All parties from whom Credit Purchases are made by the company Accountant Partners Sundry Debtors Sundry Creditors 34 / 40Alt + F2 command is used for Display financial year Display day book Display date Alter company 35 / 40Tally Package is developed by None of these. Tally solutions Coral software Desktop Publishing 36 / 40The shortcut used to activate calculator is Ctrl + M Ctrl + A Ctrl + N Ctrl + M 37 / 40We can change the Company Information from Company Info > Alter Company Info > Back up Company Info > View Company Info > Split Company Data 38 / 40Parties to whom credit sales are made by the company Sundry debtors Sundry creditors Investors Partners 39 / 40To change the date, shortcut used Alt + F2 F5 F2 F1 40 / 40Company features can be set by F11 F4 F10 F12 Your score isThe average score is 0% LinkedIn Facebook VKontakte 0% Restart quiz Send feedback