ADV TALLY Quiz

1. F11 key is used to access the feature for a company.

True

False

2. Impersonal Accounts are Classified into _____________ Parts.

TWO

FOUR

3. Liabilities means amount payable by business to the outsiders.

True

False

4. Drawings reduces Capital

True

False

5. ____________ is a system of indirect taxation which has been introduced in lieu ofsales tax.

VAT

Income

6. The Amount due from the Debtor is called Debts.

True

False

7. Ledgering is Summarizing and Classification of transaction.

True

False

8. Liabilities means amount payable by business to the outsiders.

True

False

9. Amount invested by business outside his business is Investment

True

False

10. Purchase Order can be sent to the Supplier.

True

False

11. Button Bar appears on Left Side of Tally Screen.

True

False

12. ________________ is the Under Group of "Bank Overdraft".

Bank A/c

Bank OD A/c

Bank OCC A/c

13. Co-operative Bank comes in ________________ group.

Bank Account

Bank OCC

Current Assets

14. VCD & RICE are ________________.

Units ofMeasurement

Stock Items

15. Current Liabilities group includes ________________ subgroups.

Sundry Creditors

Sundry Debtors

Option 3

Option 4

16. ________________ is the Odd from following.

Book Stall

Society

Clubs

17. ___________ is normally allowed by Creditor to his Debtor for getting ImmediatePayment.

Trade Discount

Cash Discount

18. ________________ is the shortcut key to select the Physical Stock Voucher.

Alt+F10

Alt+P

Alt+V

19. Button Bar appears on Left Side of Tally Screen.

True

False

20. Recording of transaction in any book of accounting is called as_______________________.

Transaction

Entry

21. ________________ is the shortcut key to select the Rejection Out Voucher.

Alt+F6

Ctrl+O

Alt+F7

22. Rule of Real A/c- "Debit all Expenses & Losses, Credit all Income & Gains.

True

False

23. ________________ is the shortcut key for alteration of company data.

Alt + c

Alt+F2

Alt+F3

24. ____ is the shortcut key to export the report in ASCII, HTMLor XML format.

Alt+I

Alt+X

Alt+E

25. ________________ is the shortcut key to create a Master at a voucher screen.

Alt+C

Alt+M

Alt+D

26. Double Entry System is Incomplete or Partial records of Business transaction.

True

False

27. Stock Journal Voucher does not affects Books of Accounts.

True

False

28. Purchase Bill pending menu comes under ________________.

Statistics of A/c

Statistics of Inventory

29. Salary paid to workers & labourers

True

False

30. Trade Discount is allowed as Deduction from Invoice Price.

True

False

Adv Tally Quiz

1. F11 key is used to access the feature for a company.

2.

What first name or nickname would you like us to use?

2. Impersonal Accounts are Classified into _____________ Parts.

3. Liabilities means amount payable by business to the outsiders.

4. Drawings reduces Capital

5. ____________ is a system of indirect taxation which has been introduced in lieu ofsales tax.

6. The Amount due from the Debtor is called Debts.

7. Ledgering is Summarizing and Classification of transaction.

8. Liabilities means amount payable by business to the outsiders.

9. Amount invested by business outside his business is Investment

10. Purchase Order can be sent to the Supplier.

11. Button Bar appears on Left Side of Tally Screen.

12. ________________ is the Under Group of "Bank Overdraft".

13. Co-operative Bank comes in ________________ group.

14. VCD & RICE are ________________.

15. Current Liabilities group includes ________________ subgroups.

16. ________________ is the Odd from following.

17. ___________ is normally allowed by Creditor to his Debtor for getting ImmediatePayment.

18. ________________ is the shortcut key to select the Physical Stock Voucher.

19. Button Bar appears on Left Side of Tally Screen.

20. Recording of transaction in any book of accounting is called as_______________________.

21. ________________ is the shortcut key to select the Rejection Out Voucher.

22. Rule of Real A/c- "Debit all Expenses & Losses, Credit all Income & Gains.

23. ________________ is the shortcut key for alteration of company data.

24. ____ is the shortcut key to export the report in ASCII, HTMLor XML format.

25. ________________ is the shortcut key to create a Master at a voucher screen.

26. Double Entry System is Incomplete or Partial records of Business transaction.

27. Stock Journal Voucher does not affects Books of Accounts.

28. Purchase Bill pending menu comes under ________________.

29. Salary paid to workers & labourers

30. Trade Discount is allowed as Deduction from Invoice Price.