Ultimate Tally Exam: Trivia Quiz!

41 Questions | By Intranetinstitut | Last updated: Mar 21, 2022 | Total Attempts: 320

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Ultimate Tally Exam: Trivia Quiz! - Quiz

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1.

Tally is a ________________ package.
- A.
  
  Graphical
- B.
  
  Accounting
- C.
  
  Numerical
- D.
  
  Alphabetical
2.

Nominal A/c consists of _______________ and _____________ A/c.
- A.
  
  Fixed & Unfix
- B.
  
  Indirect & Direct
- C.
  
  Expenses & Profit
- D.
  
  Cash & Bank
3.

There are ____________ types of A/c.
- A.
  
  1
- B.
  
  2
- C.
  
  3
- D.
  
  4
4.

Trial balance shows _______________ & _____________
- A.
  
  Debit & Credit
- B.
  
  Indirect & Direct exp
- C.
  
  Cash & Fund Flow
- D.
  
  Income & Expenses
5.

Full form of B.R.S Stands for ___________________
- A.
  
  Bank reconciliation statement
- B.
  
  Bill recovery statement
- C.
  
  Batch recovery statement
- D.
  
  Balance recovery statement
6.

Company info consists of?
- A.
  
  Group company
- B.
  
  Select Company
- C.
  
  Shut Company
- D.
  
  All of the above
7.

Configuration keys stands for ______________
- A.
  
  Alt + F10
- B.
  
  F12
- C.
  
  F10
- D.
  
  F11
8.

Tally vault password given shows in __________________
- A.
  
  Symbols
- B.
  
  Numbers
- C.
  
  Query
- D.
  
  Alphabet
9.

Personal a/c is ___________________ the receiver & _______________giver.
- A.
  
  Local & Univocal
- B.
  
  Debit & Credit
- C.
  
  Fixed & Unfixed
- D.
  
  Income & Expenses
10.

Export files are done in _______________ format.
- A.
  
  3
- B.
  
  4
- C.
  
  6
- D.
  
  10
11.

What is MRP?
- A.
  
  Market price
- B.
  
  Maximum return price
- C.
  
  Minimum retail price
- D.
  
  Maximum retail price
12.

We can use stock journal for?
- A.
  
  Production & Consumption
- B.
  
  Godown transfer for stock
- C.
  
  Both(a) & (b)
- D.
  
  None of these
13.

Discount column is available in?
- A.
  
  Sales invoice
- B.
  
  Purchase invoice
- C.
  
  Both(a) & (b)
- D.
  
  None of these
14.

_____________ is the function key for changing date.
- A.
  
  F1
- B.
  
  F4
- C.
  
  F5
- D.
  
  Alt + F2
15.

Manufacturing expenses comes under_______________ Group.
- A.
  
  Expenses(indirect)
- B.
  
  Miss Expenses
- C.
  
  Direct Expenses
- D.
  
  None
16.

In case of personal accounts the receiver is ________________.
- A.
  
  Debit
- B.
  
  Credit
- C.
  
  Both
- D.
  
  Balance entered in voucher
17.

Term loans & other medium long-term loans comes under ___________ Group.
- A.
  
  Unsecured loan
- B.
  
  Loans & Advance
- C.
  
  Secured loan
- D.
  
  Current liability
18.

Sales & Purchase A/c groups are reflected in ________________
- A.
  
  Profit & Loss A/c
- B.
  
  Balance Sheet
- C.
  
  Journal Register
- D.
  
  None of the above
19.

Trail balance contains _______________ balance of all accounts.
- A.
  
  Closing
- B.
  
  Only credit
- C.
  
  Opening
- D.
  
  None
20.

Contra entry is used for ___________________
- A.
  
  Transaction related to Purchase
- B.
  
  Salaries paid to the employees
- C.
  
  Contracting expenses only
- D.
  
  Transaction involves cash & bank
21.

Which of the following is not a voucher type __________________
- A.
  
  Contra
- B.
  
  Capital
- C.
  
  Payment
- D.
  
  Receipt
22.

Fax machine is a ______________asset.
- A.
  
  Direct
- B.
  
  Current
- C.
  
  Fixed asset
- D.
  
  None
23.

_________________is the shortcut key to change period in tally.
- A.
  
  Ctrl + F2
- B.
  
  Alt + F2
- C.
  
  Alt + F1
- D.
  
  F2
24.

TDS deduction ________________key used.
- A.
  
  Alt + T
- B.
  
  Alt + D
- C.
  
  Alt + S
- D.
  
  Alt + Q
25.

Use Alt + F8 for _________________
- A.
  
  Stock journal
- B.
  
  Goods out
- C.
  
  Goods in
- D.
  
  None