Tally Prime MCQ

Soopro Pathshala provids Tally Prime MCQ(Multiple Choice Questions)

1. When returning the goods to the supplier it must be accompanied by___?

a) Invoice

b) Cash invoice

c) debit note

d) deposit letter

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2. To print a voucher from tally, we need to press

a) CTRL+P

b) SHIFT+P

c) ALT+P

d) CTRL+M

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3. Tally sheets are used to determine

a) Class limits

b) Frequency of each class

c) Number of classes

d) Continuous series

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4. Inventory books' is used to view

a) Stock Items

b) Group Summary

c) Both a and b

d) none of these

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5. Trial balance is prepared on ____basis

a) Monthly

b) Annually

c) Half yearly

d) Any of the above

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6. A trial balance is a ____

a) Ledger

b) Journal

c) Account

d) List

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7. ERP stands for

a) Enterprise resource planning

b) Economic resource planning

c) Efficient resource planning

d) Economic resource processing

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8. The home screen of tally is also known as

a) Menu bar

b) Gateway of tally

c) Accounts info

d) Button tool bar

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9. A 'credit note' is sent by __to___

a) Seller, buyer

b) Buyer, seller

c) Customer, seller

d) Creditor, seller

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10. Sales return are recorded in ____voucher

a) Sales voucher

b) Debit note

c) Receipt

d) Credit note

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11. Tally package is developed by?

a) Coral software

b) Vedika software

c) Tally solutions

d) None of the above

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12. In general, the financial year start from__

a) 31st march of any year

b) 1st jan of any year

c) 1st apr of any year

d) None of the mentioned

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13. Which menu appears after starting Tally for the first time?

a) Gateway of tally

b) Company info

c) Display

d) None of these

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14. 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

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15. Which option is used in Tally to make changes in created company?

a) Select Company

b) Shut Company

c) Alter

d) None of these

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16. Which option is selected from company info menu to divide company data into two financial years?

a) Change tally vault

b) Split company data

c) Alter

d) New company

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17. Which option is used to place data taken in pen drive or CD to appropriate place in Tally?

a) Backup

b) Restore

c) Split company data

d) None of these

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18. Which option is used to copy company’s data into Pendrive or CD?

a) Backup

b) Restore

c) Split company data

d) Copy data

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19. Which option is used to open company created in Tally?

a) Create company

b) Alter

c) Select company

d) Shut company

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20. Which option is used in Tally to close opened company?

a) Create company

b) Alter

c) Select company

d) Shut company

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21. Which of the following user type can view audit list?

a) Tally vault

b) Data entry

c) Administrator

d) Owner

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22. How can data be imported in tally?

a) One company to another company created within Tally package

b) Other programs – a spreadsheet or a database file

c) Depends on number of companies

d) Both a and b

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23. Which of the following file is usually used as a master file?

a) Inventory subsidiary

b) Cash disbursements

c) Cash receipts

d) Payroll transactions

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24. What is the advantage of a computer-based transaction processing system?

a) Does not require as stringent a set of internal controls

b) Will produce a more accurate set of financial statements

c) Eliminates the need to reconcile control accounts and subsidiary ledgers

d) Will be more efficient at producing financial statements

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25. Which of the following can be budgeted in tally?

a) Nett transactions

b) Closing Balance

c) Both a and b

d) None of the above

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26. Which of the following shows daily balance for a selected voucher type?

a) Day book

b) Trial balance

c) Balance sheet

d) None of the above

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27. How many types of users are present in tally?

a) 1

b) 2

c) 3

d) 4

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28. Which of the following is predefined stock category in tally?

a) Primary

b) Symbol

c) Stock

d) Main location

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29. Which file in tally is used to record the import activity?

a) Tally.dat

b) Tally.ini

c) Tally.imp

d) None of the above

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30. Which of the following is compulsory to create white entry in accounts with inventory?

a) Stock groups

b) Stock items

c) Unit of measure

d) All of above

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31. Which option is used to move from one company to another when more than one companies are open?

a) Shut company

b) Company

c) Company info

d) Select company

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32. Which menu is used to create new ledgers, groups and voucher types in tally?

a) Reports

b) Import

c) Transactions

d) Masters

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33. Which submenu is used to create new ledgers, groups and voucher types in tally?

a) Account info

b) Inventory info

c) Accounting Vouchers

d) Inventory Vouchers

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34. Which submenu is used for voucher entry in Tally?

a) Vouchers

b) Accounting Vouchers

c) Accounts info

d) none of these

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35. Salary Account comes under which head

a) Indirect incomes

b) Indirect expenses

c) Direct incomes

d) Direct expenses

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36. How many groups are pre-defined in Tally

a) 28

b) 30

c) 15

d) 19

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37. How many primary groups are there in Tally?

a) 28

b) 19

c) 15

d) 20

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38. How many secondary groups are there in Tally?

a) 28

b) 3

c) 15

d) 13

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39. Which option is used to view list of Primary and Secondary groups in Tally?

a) List of accounts

b) Accounts

c) List

d) None of these

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40. Which ledger is created by Tally automatically as soon as we create a new company?

a) Cash

b) Profit & loss ac

c) Capital ac

d) A and B both

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41. Default ledger accounts in tally are_____.

a) Balance sheet, profit & loss and trial balance

b) Profit & loss and trial balance

c) Cash and profit & loss accounts

d) Cash and bank accounts

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42. Default ‘godown’ name in tally is ____

a) Primary

b) Main location

c) A or B

d) None of above

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43. Tally vault is a______

a) Security mechanism

b) Ledger ac

c) Cost category

d) None of the above

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44. A group company is _____ given to the merged accounts of member companies of the group.

a) A name

b) An identity

c) A and b

d) None of the above

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45. In tally you get currency symbol option from ____ menu

a) Company creation

b) Stock items units

c) Regional setting

d) None of the above

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46. ____ gives the balance for each day for the voucher type has been selected

a) Trial Balance

b) Day book

c) Balance sheet

d) None of the above

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47. Which option lists inventory valuation method in tally?

a) Stock report

b) Stock journal

c) Stock analysis

d) Stock summary

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48. How to activate the tally audit feature in a company?

a) Press F11

b) During the creation of a company

c) In comp info > security control option

d) Press F12 key

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49. What is the predefined number of groups in tally?

a) 16

b) 28

c) 128

d) 228

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50. Which of the following is used for voucher entry?

a) Ledger Account

b) Groups

c) Sub Groups

d) Depends on number of companies

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51. Which option is used to make changes in created Groups of ledgers in tally?

a) Create

b) Display

c) Alter

d) Change

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52. How many voucher types are readily available in Tally?

a) 18

b) 16

c) 20

d) 28

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53. Which voucher type is used to transfer amount from one bank to another?

a) Control

b) Payment

c) Receipt

d) Post-Dated

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54. Rs. 20,000 withdrawn from state bank. In which voucher type this transaction will be recorded.?

a) Contra

b) Payment

c) Receipt

d) Post-Dated

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

a) Contra

b) Journal

c) Receipt

d) Payment

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56. Where do we interest received, commission received or rent received in Tally?

a) Contra

b) Journal

c) Receipt

d) Payment

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57. Where do we record cash sales in Tally?

a) Contra

b) Journal

c) Receipt

d) Payment

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58. Where do we record credit purchase of furniture in Tally?

a) Purchase

b) Journal

c) Receipt

d) Payment

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59. Where do we record purchase return, sales return, depreciation, bad debts etc. in Tally?

a) Purchase

b) Journal

c) Receipt

d) Payment

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

a) Assets = Liabilities + Capital

b) Liabilities =Assets + Capital

c) Capital = Assets +Liabilities

d) All of these

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61. eTCS means

a) Enable Tax collected at Source

b) Electronic Tax Collected at Source

c) Electric Tax Collected at Source

d) None of these

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62. eTCS means

a) Enable Tax collected at Source

b) Electronic Tax Collected at Source

c) Electric Tax Collected at Source

d) None of these

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63. To get Payroll Reports Choose

a) Gateway of Tally > Display

b) Gateway of Tally > Display > Statement of Accounts

c) Gateway of Tally > Display > Statement of Payroll

d) Gateway of Tally > Display > Payroll Reports

View Answer

64. BOM represents

a) Billing of Machines

b) Bill of Materials

c) Bill of Maintenance

d) None of these

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65. If we purchase any fixed asset in credit, we can pass it from

a) Payment mode

b) Receipt mode

c) Purchase mode

d) Contra mode

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66. Transfer of materials from one godown to another godown, use

a) Manufacturing Journal

b) Stock Journal

c) Purchase Journal

d) Both A & B

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67. Recording of actual stock as physically verified or counted is done through

a) Journal

b) Stock Journal

c) Physical Stock

d) Sales

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68. Budget represents____

a) Estimation

b) Forcasting

c) Assumption

d) All of these

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69. Find out which is not a Default ledger in Tally.

a) Cash in hand

b) Capital Account

c) Profit & loss

d) None of these

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70. The Profit & Loss statement can be displayed in _____ format(s).

a) Horizontal

b) Vertical

c) A or B

d) None of the above

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71. How many options related to Company Features are there in F11: Features in Tally?

a) 3

b) 2

c) 4

d) 5

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72. Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.?

a) Lts

b) Nos

c) Kgs

d) Box

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73. Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.?

a) Gateway of Tally > Reports > Trial Balance

b) Gateway of Tally > Trial Balance

c) Gateway of Tally > Display > Trial Balance

d) None of these

View Answer

74. Which option is true for viewing Profit & Loss ac in Gateway of Tally?

a) Gateway of Tally > Reports > Profit & loss ac

b) Gateway of Tally > Display > Profit & Loss ac

c) Gateway of Tally > Account Books > Profit & loss ac

d) None of these

View Answer

75. By default, which mode is on in Purchase and Sales voucher.

a) Normal mode

b) Item invoice mode

c) Particulars mode

d) None of these

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76. Which step is followed to view Purchase Register?

a) Gateway of Tally > Display > Sales Register

b) Gateway of Tally > Account books > sales Register

c) Gateway of Tally > Display > Account Books > Purchase register

d) None of these

View Answer

77. Which of the following is not compulsory to create while entry in accounts with inventory?

a) Stock groups

b) Stock items

c) Stock categories

d) Units of measure

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78. Which reports are prepared monthly in Tally?

a) Profit & Loss Ac

b) Balance sheet

c) Trial balance

d) Cash flow of funds flow

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79. By which option Purchase or Sales register can be viewed?

a) Statutory Books

b) Inventory Books

c) Accounts Books

d) Display

View Answer

80. Which option is used to view Stock items or group summary?

a) Account Books

b) Inventory Books

c) Statutory Books

d) Display

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81. We can get the report of interest from?

a) Account Books

b) Cash and Fund flow

c) Inventory Books

d) Statements of Accounts

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82. To see reports of job work analysis

a) Display > Statements of accounts > job work analysis

b) Display > Job work in Reports > Job work analysis

c) Display > Statements of Accounts > Cost Centre > job work analysis

d) None of these

View Answer

83. To create Scenario which option requires to be activated

a) Use rev journal & optional voucher in F12

b) Use optional voucher in F11

c) Use reversing voucher in F11

d) Use rev journal and optional voucher in F11

View Answer

84. Optional voucher is one type of

a) Conventional voucher

b) Unconventional voucher

c) Both a and b

d) None of these

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85. List of optional voucher we can get from

a) Cash bank books

b) Exceptional reports

c) Accounts books

d) Balance sheet

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86. Single entry mode is applicable for

a) Receipt voucher

b) Contra voucher

c) Payment voucher

d) All of the above

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87. Reversing journal is a

a) Conventional voucher

b) Unconventional voucher

c) Both a and b

d) None of these

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88. To hide the name of the company you need to define

a) Security control

b) Tally audit

c) Create atleast one user

d) Tally vault password

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89. Goods returning to a Creator after challan but before bill we need to pass

a) Debit note

b) Receipt note

c) Rejection in

d) Rejection out

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90. Branch / division is a group defined under

a) Liabilities

b) Assets

c) Income

d) Expenditure

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91. How many types of Measurement Units we can create in Tally?

a) 2

b) 3

c) 5

d) Unlimited

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92. To activate Job Costing which options require to be activated?

a) Maintain Cost Centre

b) Use Cost Centre for Job Costing

c) Both a and b

d) none of these

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93. In Tally, there are_____ predefined ledgers

a) One

b) Two

c) Three

d) Four

View Answer

94. We can see list of Memorandum Vouchers from

a) Cash Bank Books

b) Exception Reports

c) Account Books

d) Trial Balance

View Answer

95. We can see working Capital figure changing

a) Voucher configuration

b) Profit & Loss configuration

c) Balance Sheet configuration

d) Ledger configuration

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96. We can create multiple users in Tally activating

a) Tally Audit

b) Use security control

c) Both a and b

d) none of these

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97. Allow components list details option is activated for

a) Ledgers

b) Cost category

c) Stock items

d) Budgets

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98. Retained Earnings is an alias of

a) Indirect income

b) Reserve and surplus

c) Capital account

d) Investments

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99. Retained Earnings is an alias of

a) Indirect income

b) Reserve and surplus

c) Capital account

d) Investments

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100. Discount column is available in

a) Sales Invoice

b) Purchase Invoice

c) Both a and b

d) Investments

View Answer

101. To activate job costing which options require to be activated

a) Maintain cost centre

b) Use cost centre for job costing

c) Both a and b

d) None of these

View Answer

102. We can get the report of interest from

a) Account books

b) Cash and fund flow

c) Inventory books

d) Statements of accounts

View Answer

103. To see reports of job work Analysis

a) Display > statements of accounts > job work analysis

b) Display > job work in reports > job work analysis

c) Display > statements of accounts > cost centre > job work analysis

d) None of these

View Answer

104. To create scenario which option requires to be activated

a) Use rev journal & optional voucher in F12

b) Use optional voucher in F11

c) Use reversing voucher in F11

d) Use rev journal & optional voucher in F11

View Answer

105. Optional voucher in one type of

a) Conventional voucher

b) Unconventional voucher

c) Both a and b

d) None of these

View Answer

106. List of optional voucher we can get from

a) Cash bank books exceptional reports

b) Exceptional reports

c) Accounts books

d) Balance sheet

View Answer

107. Single Entry mode is applicable for

a) Receipt voucher

b) Contra voucher

c) Payment voucher

d) All of these

View Answer

108. To hide the name of the company you need to define

a) Security control

b) Tally audit

c) Create at least one user

d) Tally vault password

View Answer

109. To hide the name of the company you need to defineGoods returning to a creditor after challan but before bill we need to pass

a) Debit note

b) Receipt note

c) Rejection out

d) Rejection in

View Answer

110. Branch or division is a group defined under

a) Liabilities

b) Assets

c) Income

d) Expenditure

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111. Tally is primarily used for___

a) Graphic Designing

b) Accounting

c) Video Editing

d) Software Development

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112. Which of the following is the latest version of Tally?

a) Tally 7.2

b) Tally 9

c) Tally ERP 9

d) Tally Prime

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113. What is the shortcut key to create a company in Tally?

a) F1

b) F2

c) Alt+F3

d) Ctrl+N

View Answer

114. In Tally, Which shortcut key is used to quit the application?

a) Ctrl+Q

b) Esc

c) Ctrl+X

d) Alt+F4

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115. Which feature in Tally is used to record financial trancations?

a) Ledger

b) Voucher

c) Inventory

d) Payroll

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116. What is the primary function of a Ledger in Tally?

a) Score inventory details

b) Record financial transactions

c) Print invoices

d) Backup data

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117. The shortcut key to open the Gateway of Tally is ___

a) Ctrl+G

b) F11

c) Alt+G

d) Alt+F1

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118. In Tally, a group contains___

a) Only ledgers

b) Only stock items

c) Only vouchers

d) All of the above

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119. Which account group does "Sales Accont" belong to in Tally?

a) Direct Expenses

b) Direct Incomes

c) Current Liabilities

d) Indirect Expenses

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120. Which of the following is not a voucher type in Tally?

a) Payment

b) Receipt

c) Graphics

d) Contra

View Answer

121. What is the full form of Tally?

a) Transactions Allowed in a Logical Line Yard

b) Transactions and Allowance in Linear Layout Year

c) Transactions Allowed in a Linear Line Yards

d) None of these

View Answer

122. Which company developed TallyPrime?

a) Transactions Allowed in a Logical Line Yard

b) Transactions and Allowance in Linear Layout Year

c) Transactions Allowed in a Linear Line Yards

d) None of these

View Answer

123. Tally Prime is mainly used for:

a) Video editing

b) Accounting

c) Gaming

d) Designing

View Answer

124. Which shortcut key is used to select a company in Tally Prime?

a) Alt+F1

b) F1

c) Ctrl+F1

d) F2

View Answer

125. Which option is used to create a new company?

a) Company info

b) Create company

c) Gateway of Tally

d) Masters

View Answer

126. Which key is used to quit Tally Prime?

a) Esc

b) Ctrl+Q

c) Alt+X

d) F12

View Answer

127. Which voucher is used for cash payment?

a) Receipt Voucher

b) Contra Voucher

c) Payment Voucher

d) Journal Voucher

View Answer

128. Shortcut key for Payment Voucher is:

a) F4

b) F5

c) F6

d) F7

View Answer

129. Which voucher is used for cash receipt?

a) Payment

b) Contra

c) Receipt

d) Journal

View Answer

130. Shortcut key for Receipt Voucher is:

a) F4

b) F5

c) F6

d) F7

View Answer

131. Which voucher is used for sales entry?

a) Purchase Voucher

b) Sales Voucher

c) Receipt Voucher

d) Journal Voucher

View Answer

132. Shortcut key for Sales Voucher is:

a) F8

b) F9

c) F10

d) F7

View Answer

133. Which voucher is used for purchase entry?

a) F8

b) F9

c) F10

d) F6

View Answer

134. GST stands for:

a) Goods and Service Tax

b) General Sales Tax

c) Goods Supply Tax

d) Government Sales Tax

View Answer

135. Which menu is used to create Ledger?

a) Reports

b) Masters

c) Transactions

d) Utilities

View Answer

136. A Ledger is used to:

a) Store images

b) Maintain Accounts

c) Create Bills

d) Print reports

View Answer

137. Which group does “Cash” ledger belong to?

a) Direct income

b) Indirect Expense

c) Cash in hand

d) Bank Accounts

View Answer

138. Which report shows all ledger balances?

a) Trial Balance

b) Balance Sheet

c) Stock Summary

d) Day Book

View Answer

139. Which key is used to open Company Features?

a) F11

b) F12

c) Ctrl+F11

d) Alt+F12

View Answer

140. Which key is used for configuration settings?

a) F1

b) F12

c) F11

d) Ctrl+F12

View Answer

141. Which report displays daily transactions?

a) Balance Sheet

b) Day Book

c) Trial Balance

d) Stock Summary

View Answer

142. Which option is used to back up data in Tally Prime?

a) Restore

b) Split Company Data

c) Backup

d) Export

View Answer

143. Which voucher is used for bank-to-bank transfer?

a) Sales

b) Purchase

c) Contra

d) Receipt

View Answer

144. Shortcut key for Contra Voucher is:

a) F4

b) F5

c) F6

d) F8

View Answer

145. Which report shows company assets and liabilities?

a) Trial Balance

b) Balance Sheet

c) Day Book

d) Cash Book

View Answer

146. Which inventory report shows quantity of stock?

a) Profit & Loss

b) Balance Sheet

c) Stock Summary

d) Day Book

View Answer

147. Which key is used to change the current date in Tally Prime?

a) F1

b) F2

c) F3

d) F4

View Answer

148. Which voucher is used for adjustment entries?

a) Receipt

b) Payment

c) Journal

d) Contra

View Answer

149. Shortcut key for Journal Voucher is

a) F5

b) F6

c) F7

d) F8

View Answer

150. Which feature helps in tax calculation in Tally Prime?

a) Payroll

b) GST

c) Inventory

d) Banking

View Answer

151. Which menu appears first after opening TallyPrime?

a) Reports

b) Gateway of Tally

c) Display

d) Voucher Entry

View Answer

152. Which shortcut key is used to select a company?

a) F1

b) F2

c) F3

d) F4

View Answer

153. Which voucher is used for credit purchase?

a) Sales Voucher

b) Purchase Voucher

c) Contra Voucher

d) Receipt Voucher

View Answer

154. Which voucher is used for credit sales?

a) Sales Voucher

b) Purchase Voucher

c) Journal Voucher

d) Payment Voucher

View Answer

155. What is the shortcut key for Purchase Voucher?

a) F7

b) F8

c) F9

d) F10

View Answer

156. Which key is used to access inventory features?

a) F11

b) F12

c) Ctrl+I

d) Alt+I

View Answer

157. Which account group comes under liabilities?

a) Capital Account

b) Fixed Assets

c) Investments

d) Stock in hand

View Answer

158. Which report shows profit or loss of a business?

a) Balance Sheet

b) Day Book

c) Profit & Loss account

d) Trial Balance

View Answer

159. Which option is used to print reports in Tally Prime?

a) Ctrl+P

b) Alt+P

c) Shift+P

d) F5

View Answer

160. Which option is used to export data?

a) Ctrl+E

b) Alt+E

c) Shift+E

d) F10

View Answer

161. Which account group is “Furniture” placed under?

a) Current Assets

b) Fixed Assets

c) Investments

d) Loans

View Answer

162. Which voucher is used to record expenses paid by cash?

a) Payment Voucher

b) Receipt Voucher

c) Sales Voucher

d) Contra Voucher

View Answer

163. What is the shortcut key for Company Features?

a) F10

b) F11

c) F12

d) Ctrl+F12

View Answer

164. Which key is used to shut a company?

a) Alt+F1

b) Alt+F3

c) Ctrl+F3

d) F3

View Answer

165. Which key is used to shut a company?

a) Alt+F1

b) Alt+F3

c) Ctrl+F3

d) F3

View Answer

166. Which option helps to recover lost data?

a) Backup

b) Export

c) Restore

d) Split

View Answer

167. Which voucher is used for debit and credit adjustment entries?

a) Contra

b) Journal

c) Receipt

d) Sales

View Answer

168. Which feature is used to maintain employee salary details?

a) Inventory

b) Payroll

c) GST

d) Banking

View Answer

169. Which accounting concept is followed in Tally Prime?

a) Single Entry System

b) Double Entry System

c) Cash System

d) Manual System

View Answer

170. Which key is used to alter a ledger?

a) Ctrl+A

b) Ctrl+Enter

c) Alt+A

d) F2

View Answer

171. Which report shows cash transactions only?

a) Cash Book

b) Day Book

c) Trial Balance

d) Sales Register

View Answer

172. Which option is used to create stock items?

a) Transactions

b) Masters

c) Reports

d) Utilities

View Answer

173. Which feature helps in online banking transactions?

a) Payroll

b) GST

c) Banking

d) Cost Centre

View Answer

174. Which report is used to check pending receivables?

a) Outstanding Receivables

b) Balance Sheet

c) Day Book

d) Cash Flow

View Answer

175. Which report is used to check pending paybles?

a) Outstanding paybles

b) Cash book

c) Ratio Analysis

d) Trial Balance

View Answer

176. Which GST return can be viewed in Tally Prime?

a) GSTR -1

b) GSTR -3B

c) Both a and b

d) None

View Answer

177. Which menu is used to access reports?

a) Gateway of Tally

b) Display more reports

c) Transactions

d) Utilities

View Answer

178. Which key combination is used to repeat narration in vouchers?

a) Ctrl+R

b) Alt+R

c) Ctrl+Enter

d) Alt+Enter

View Answer

179. Which report shows movement of stock items?

a) Stock Summary

b) Inventory Voucher Report

c) Balance Sheet

d) Trial Balance

View Answer

180. Tally Prime supports:

a) GST accounting

b) Payroll Management

c) Inventory Management

d) All of these

View Answer

181. Which shortcut key is used for Credit Note Voucher in TallyPrime?

a) CTRL+F8

b) Ctrl+F9

c) Alt+F8

d) Alt+F9

View Answer

182. Which shortcut key is used for Debit Note Voucher?

a) CTRL+F8

b) Ctrl+F9

c) Alt+F5

d) F10

View Answer

183. Which feature is used to maintain branch-wise accounts?

a) Payroll

b) Cost Centre

c) Inventory

d) GST

View Answer

184. Which report helps in checking bank transactions?

a) Bank Book

b) Stock Summary

c) Trial Balance

d) Ratio Analysis

View Answer

185. Which account group is “Salary” placed under?

a) Direct Expenses

b) Indirect Expenses

c) Direct Income

d) Loans

View Answer

186. Which account group is “Sales Account” placed under?

a) Direct Income

b) Indirect Income

c) Fixed Assets

d) Current Assets

View Answer

187. Which key is used to accept a screen in Tally Prime?

a) Ctrl+A

b) Ctrl+Enter

c) Alt+A

d) Enter

View Answer

188. Which report is used to view ledger transactions?

a) Ledger Voucher Report

b) Cash Flow

c) Ratio Analysis

d) Trial Balance

View Answer

189. Which menu is used to create voucher types?

a) Reports

b) Masters

c) Transactions

d) Banking

View Answer

190. Which option is used to email reports directly from Tally Prime?

a) Export

b) Print

c) Share

d) Email

View Answer

191. Which feature helps in maintaining multiple godowns?

a) Cost Centre

b) Multi Godown

c) Payroll

d) GST

View Answer

192. Which accounting voucher is used for returns inward?

a) Debit note

b) Credit note

c) Contra

d) Journal

View Answer

193. Which accounting voucher is used for returns outward?

a) Debit note

b) Credit note

c) Receipt

d) Contra

View Answer

194. Which report displays company financial position on a particular date?

a) Day Book

b) Balance Sheet

c) Cash Book

d) Purchase Register

View Answer

195. Which report shows all purchase transactions?

a) Purchase Register

b) Sales Register

c) Cash Book

d) Stock Summary

View Answer

196. Which report shows all sales transactions?

a) Purchase Register

b) Sales Register

c) Day Book

d) Journal Register

View Answer

197. Which feature is useful for employee attendance and salary?

a) Payroll

b) Inventory

c) GST

d) Banking

View Answer

198. Which option is used to split company data for financial years?

a) Backup

b) Restore

c) Split Company Data

d) Rewrite Data

View Answer

199. Which menu is used to view Profit & Loss A/c?

a) Reports

b) Gateway of Tally

c) Display More Reports

d) Banking

View Answer

200. Which key is used to open help in Tally Prime?

a) F1

b) F12

c) Ctrl+H

d) Alt+H

View Answer

201. Which GST feature helps generate e-way bills?

a) Payroll

b) Banking

c) GST

d) Cost Centre

View Answer

202. Which option is used to duplicate a voucher?

a) Repeat

b) Duplicate

c) Copy Voucher

d) Optional Voucher

View Answer

203. Which report shows stock valuation?

a) Stock Summary

b) Ratio Analysis

c) Cash flow

d) Outstanding Report

View Answer

204. Which account group is “Purchase Account” placed under?

a) Direct Expenses

b) Indirect Expenses

c) Current Assets

d) Loans

View Answer

205. Which option is used to change voucher mode from Accounting to Inventory?

a) Ctrl+H

b) Ctrl+I

c) Alt+I

d) Alt+H

View Answer

206. Which feature helps track departmental expenses

a) Cost centre

b) GST

c) Payroll

d) Banking

View Answer

207. Which report is useful for checking cash inflow and outflow?

a) Cash flow

b) Trial Balance

c) Stock Summary

d) Purchase Register

View Answer

208. Which company data file extension is commonly associated with Tally data?

a) .docx

b) .xls

c) .tsf

d) .jpg

View Answer

209. Which report helps analyze business ratios?

a) Ratio analysis

b) Cash Book

c) Ledger Report

d) Day Book

View Answer

210. Tally Prime can be used for:

a) Accounting

b) Inventory

c) Taxation

d) All of these

View Answer