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