Quiz  /  Tally Mcqs MCQ Quiz Questions and Answers

  • 1. 
    Optional Voucher is one type of

  • Conventional Voucher
  • Unconventional Voucher
  • Both (a) & (b)
  • None of these

  • 2. 
    Budget represents

  • Assumption
  • Estimation
  • Forecasting
  • All of these

  • 3. 
    Default invoice mode is on for Sales or Purchase entry. Which key should be pressed for entry of sales or Purchase as a voucher?

  • Alt + V
  • Alt + F8
  • Alt + F9
  • Ctrl + V

  • 4. 
    Which shortcut key is pressed to create a new Ledger during voucher entry?

  • Alt + A
  • Alt + C
  • Alt + D
  • Alt + X

  • 5. 
    A ______ serves the purpose of both journal and ledger accounts

  • Journal proper
  • Purchase day book
  • Cash book
  • Any of the above

  • 6. 
    Which of the following is used for voucher entry?

  • Groups
  • Depends on number of companies
  • Sub Groups
  • Ledger Account

  • 7. 
    To get Payroll Reports choose

  • Gateway of Tally > Display > Payroll Reports
  • Gateway of Tally > Display > Statement of Payroll
  • Gateway of Tally > Display > Statement of Accounts
  • Gateway of Tally > Display

  • 8. 
    There is no difference between Shut Company & Delete Company.

  • True
  • False
  • Wrong Question
  • Both a and b

  • 9. 
    ______ is the shortcut for sales order in Tally.

  • Alt+F4
  • Alt+F5
  • F8
  • F9

  • 10. 
    Salary Account comes under which head?

  • Indirect Incomes
  • Indirect Expenses
  • Direct Incomes
  • Direct Expenses

  • 11. 
    Where do we record transactions of salary, rent or interest paid?

  • Contra
  • Journal
  • Receipt
  • Payment

  • 12. 
    Which of the following equation is true for balance sheet?

  • Assets = Liabilities + Capital
  • Liabilities = Assets – Capital
  • Capital = Assets – Liabilities
  • All of these
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