Adv Tally Quiz
Adv tally quiz is a mathematical and accounting test that aims to probe on the basics of accounting using the Tally program. How good are you with this accounting aid program? Take up the quiz below and find out.
- 1.
Liabilities means amount payable by business to the outsiders.
- A.
True
- B.
False
Correct Answer
A. True -
- 2.
Ledgering is Summarizing and Classification of transaction.
- A.
True
- B.
False
Correct Answer
A. True -
- 3.
Button Bar appears on Left Side of Tally Screen.
- A.
True
- B.
False
Correct Answer
B. False -
- 4.
Amount invested by business outside his business is Investment
- A.
True
- B.
False
Correct Answer
A. True -
- 5.
Purchase Order can be sent to the Supplier.
- A.
True
- B.
False
Correct Answer
A. True -
- 6.
Double Entry System is Incomplete or Partial records of Business transaction.
- A.
True
- B.
False
Correct Answer
B. False -
- 7.
Rule of Real A/c- “Debit all Expenses & Losses, Credit all Income & Gains.
- A.
True
- B.
False
Correct Answer
B. False -
- 8.
Stock Journal Voucher does not affects Books of Accounts.
- A.
True
- B.
False
Correct Answer
B. False -
- 9.
The Amount due from the Debtor is called Debts.
- A.
True
- B.
False
Correct Answer
A. True -
- 10.
Button Bar appears on Left Side of Tally Screen.
- A.
True
- B.
False
Correct Answer
B. False -
- 11.
Salary paid to workers & labourers
- A.
True
- B.
False
Correct Answer
B. False -
- 12.
Trade Discount is allowed as Deduction from Invoice Price.
- A.
True
- B.
False
Correct Answer
B. False -
- 13.
Liabilities means amount payable by business to the outsiders.
- A.
True
- B.
False
Correct Answer
A. True -
- 14.
Drawings reduces Capital
- A.
True
- B.
False
Correct Answer
A. True -
- 15.
F11 key is used to access the feature for a company.
- A.
True
- B.
False
Correct Answer
A. True -
- 16.
________________ is the shortcut key for alteration of company data.
- A.
Alt + c
- B.
Alt+F2
- C.
Alt+F3
Correct Answer
C. Alt+F3 -
- 17.
________________ is the shortcut key to create a Master at a voucher screen.
- A.
Alt+C
- B.
Alt+M
- C.
Alt+D
Correct Answer
A. Alt+C -
- 18.
________________ is the shortcut key to select the Physical Stock Voucher.
- A.
Alt+F10
- B.
Alt+P
- C.
Alt+V
Correct Answer
A. Alt+F10 -
- 19.
________________ is the shortcut key to select the Rejection Out Voucher.
- A.
Alt+F6
- B.
Ctrl+O
- C.
Alt+F7
Correct Answer
A. Alt+F6 -
- 20.
____________ is a system of indirect taxation which has been introduced in lieu ofsales tax.
- A.
VAT
- B.
Income
Correct Answer
A. VAT -
- 21.
VCD & RICE are ________________.
- A.
Units of Measurement
- B.
Stock Items
Correct Answer
B. Stock Items -
- 22.
____ is the shortcut key to export the report in ASCII, HTMLor XML format.
- A.
Alt+I
- B.
Alt+X
- C.
Alt+E
Correct Answer
C. Alt+E -
- 23.
Impersonal Accounts are Classified into _____________ Parts.
- A.
TWO
- B.
FOUR
Correct Answer
A. TWO -
- 24.
________________ is the Under Group of "Bank Overdraft".
- A.
Bank A/c
- B.
Bank OD A/c
- C.
Bank OCC A/c
Correct Answer
B. Bank OD A/c -
- 25.
Recording of transaction in any book of accounting is called as_______________________.
- A.
Transaction
- B.
Entry
Correct Answer
B. Entry -
- 26.
___________ is normally allowed by Creditor to his Debtor for getting ImmediatePayment.
- A.
Trade Discount
- B.
Cash Discount
Correct Answer
B. Cash Discount -
- 27.
Co-operative Bank comes in ________________ group.
- A.
Bank Account
- B.
Bank OCC
- C.
Current Assets
Correct Answer
A. Bank Account -
- 28.
Current Liabilities group includes ________________ subgroups.
- A.
Sundry Creditors
- B.
Sundry Debtors
- C.
Option 3
- D.
Option 4
Correct Answer
A. Sundry Creditors -
- 29.
________________ is the Odd from following.
- A.
Book Stall
- B.
Society
- C.
Clubs
Correct Answer
A. Book Stall -
- 30.
Purchase Bill pending menu comes under ________________.
- A.
Statistics of A/c
- B.
Statistics of Inventory
Correct Answer
A. Statistics of A/c -
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Apr 18, 2018Quiz Edited by
ProProfs Editorial Team -
Jul 03, 2016Quiz Created by
SPACECOMPUTER
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