Ultimate Tally Exam: Trivia Quiz!

41 Questions | Total Attempts: 320

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Ultimate Tally Exam: Trivia Quiz! - Quiz

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Questions and Answers
  • 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

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