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