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