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