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