Tally MCQ

Tally MCQ

  • Admin
  • 14th May, 2022

Take Tally MCQ Test & Online Quiz to Test your Knowledge

Below we have listed the few Tally MCQ Questions that check your basic knowledge of Tally Accounting. This Tally MCQ Test contains 20+ Tally Multiple Choice Questions. You have to select the right answer to the question. apart from this, You can also download the tally mcq pdf completly free.

Tally MCQ Questions

1) What is Tally?

  • A. a windows-based Enterprise Resource Planning software
  • B.Enterprise Resource Planning hardware
  • C.Both A and B
  • D.None of the above

2) What is the use of Tally?

  • A. handles Accounting, Inventory Management, Order Management, Tax Management, Payroll, Banking and many such requirements of the business
  • B.handles word processing
  • C.creates PPTs
  • D.None of the above

3) What is the advantage of a computer-based transaction processing system?

  • A. Does not require as stringent a set of internal controls
  • B.produce a more accurate set of financial statements
  • C.Eliminates the need to reconcile control accounts
  • D.more efficient at producing financial statements

4) For selecting debit note voucher we have to use ___ key

  • A. Ctrl and f9 together
  • B.Ctrl f8
  • C.Alt f7
  • D.Alt f8

5) Who is the founder of Tally?

  • A. Shyam Sunder Goenka
  • B.Danis Ritchi
  • C.Lerdrof
  • D.James
Download Free : Tally MCQ PDF

6) What is the full form of Tally?

  • A. Transactions Allowed in a Linear Yards
  • B.Transactions Allowed in a Linear Line Year
  • C.Transactions Allowed in a Linear Line Yards
  • D.Transactions Accounting in a Linear Line Yards

7) Tally package is developed by ___.

  • A. Peutronics
  • B.Tally Solutions Pvt. Ltd.
  • C.Coral Softwares
  • D.Vedika Softwares

8) Which menu appears after starting Tally for the first time?

  • A. Gateway of Tally
  • B.Company Info
  • C.Display
  • D.None of the above

9) Which option from Company Info. menu is selected to create a new Company in Tally?

  • A. Company Create
  • B.Create Company
  • C.Create
  • D.New Company

10) Which option is selected from Company Info Menu to divide company data into two financial years?

  • A. Change Tally Vault
  • B.Alter
  • C.Split Company Data
  • D.New Company

11) Which option is used to copy company's data into PenDrive or CD?

  • A. Backup
  • B.Restore
  • C.Split Company Data
  • D.Copy Data

12) What is the use of Tally's GST software in India?

  • A. handles all your GST (Goods and Services Tax) billing needs
  • B.Tax
  • C.goods
  • D.Service Tax

13) What do you mean by TAN?

  • A. Tax Absorb Number
  • B.Tax Assign Number
  • C.Tax Account Number
  • D.Tax Assessment Number

14) What is the full of TCS?

  • A. Tax Collected from Sales
  • B.Tax Collected by Staff
  • C.Tax Consumption at Source
  • D.Tax Collected at Source

15) Payroll Auto fill is done thorugh:

  • A. Press Alt and A Keys together
  • B.Press Alt and B Keys together
  • C.Press Ctrl and A Keys together
  • D.Press Ctrl and B Keys together

16) An accounting ledger is an account or record used to store bookkeeping entries for balance-sheet and income-statement transactions.

  • A. True
  • B.False

17) To create Purchase Order press ___ and ___ keys together.

  • A. Ctrl, F4
  • B.F4
  • C.Alt , F4
  • D.Alt , F3

18) We can switch from Accounting Voucher to Inventory Voucher by pressing ___ and ___ keys together.

  • A. F11
  • B.F12
  • C.Alt, F1
  • D.Ctrl + F1

19) A Financial Year (FY) is the period between 1 April and 31 March.

  • A. True
  • B.False

20) Bank OCC (Open cash credit) account is a group defined under?

  • A. Bank Account
  • B.Loan and Liability
  • C.Secured Loan
  • D.Unsecured Loan

21) Total number of Ledgers, Groups, Entries etc. can be shown from ____.

  • A. Company Information
  • B.Tally Audit
  • C.Statistics
  • D.Accounts Information

4 comment(s) :

Leave A Comment :

Valid name is required.

Valid name is required.

Valid email id is required.