62.

Total number of Ledgers, Groups, Entries etc. can be shown from

a.
Tally Audit
b.
Statistics
c.
Accounts
Information
d.
Company Information

63.
Note
c.

Voucher Class for Interest calculation created based on

a.
Journal Voucher
b.
Debit and Credit
Receipt and Payment Voucher

ETCS means
a.
ollected at Source
c.

d.

Both (a) and (b)

64.

65.

Enable Tax Collected at Source

Electric Tax Collected at Source

b.

Electronic Tax C

d.

What is TAN?
a.
Tax Account Number

None of these
b.

Tax Asse

ssment Number
c.

Tax Assignment Number

d.

None of these

66.

b.

To get Payroll Reports choose

a.
Gateway of Tally > Display
Gateway of Tally > Display > Statement of Accounts
c.
Gateway of Tally > Display > Statement of Payroll
d.
Gateway of Tally > Display > Payroll Reports

67. Payroll Auto fill is done through

a.
Ctrl + A
b.
Alt + A
Alt + B
68.

To see
a.
b.
c.

Gratuity
Gateway
Gateway
Gateway

Reports go
of Tally >
of Tally >
of Tally >

c.

Ctrl + B

d.

to
Display > Payroll Report > Gratuity
Display > Gratuity Report
Display > Statement of Accounts > Gra

tuity Reports
d.

None of these

69.
At the time of Branch Transfer, Sales ledger is created under wh
ich Vat/Tax Class?
a.
Export
b.
Consignment/Bran
ch Transfer Outward
c.
Sales with Vat rate
d.
None of these
70.

Memorandum Voucher does not affect Books of Accounts.

a.
True
b.
False
71.

d.

To remove a line at all reports screen, shortcut is

a.
Alt + R
b.
Alt + S
c.

Alt + 1

Alt + T
72.

There is no difference between Shut Company & Delete Company.

a.
True
b.
False

73.

How can
a.
b.
c.
d.

74.

BOM represents

we see Vat
Gateway of
Gateway of
Gateway of
Gateway of

Reports?
Tally > Display
Tally > Vat Reports
Tally > Display > Statutory Info
Tally > Display> Statutory Reports

a.
Billing of Machines
Materials
c.
Bill of Maintenance

b.
d.

What is the full form of TCS?

a.
Tax Collected by Staff
umption at Source
c.
Tax Collected at Source
om Sales

Bill of

None of these

75.

76.
d.

The shortcut used for Sales Order is

a.
Alt+F4
b.
Alt+F8

b.
d.

Tax Collected fr

Alt+F5

c.

Alt+F7

77.
c.

Bank OCC a/c is a group defined under

a.
Bank Account
b.
Unsecured Loan
d.
Loan & Liability

Tax Cons

Secured Loan

78. Sales Tax Ledger falls under which Group?

a.
Indirect Expenses
b. Duties and Taxes c.Sales
79. "Alias" represents
a.
Short name
b.
Nick name
All of these
80.
To change the date, shortcut used
a.
Alt+F2
b.
d.
F1
81.
a.
d.

c.

d.

Purchases

Code name

Alt+F3

d.
c.

F2

If we purchase any Fixed asset in credit, we can pass it from

Payment mode
b.
Receipt mode
c.
Journal mode
Contra mode
82.

c.

To save entry without any amount, we have to use

a.
Cost Center
b.
Maintain Multiple godown
Allow O value entry
d.
Use Rej. Notes
83.

To see the report of Unconventional vouchers go to

a.
Display-Day Book
b.
Account Books
c.
Display-Exception Reports
d.
Display-Trial Balance
84.

The shortcut used for Optional vouchers is

a.
Ctrl + N
b.
Ctrl + M

c.

Display-

Ctrl + A

d.

Ctrl + L

a.
c.

85.
Transfer of materials from one godown to another godown, use
Manufacturing Journal
b.
Stock Journal
Purchase Journal
c.
Both A & B
86.

87.
ugh
a.
d.

BOM represents Bill of Materials.

a.
True
d.

False

Recording of actual stock as physically verified or counted is done thro

Journal
Sales
88.

b.

Stock Journal

c.

Physical Stock

Predefined Billing terms can be maintained through

a.
Cost Center
b.

Voucher

Class
c.

Maintan Multiple Godowns

89.

d.

d.
92.

d.

c.

While exporting Ledgers from Tally to Web Page, we use

a.
XML Format
b.
d.

Budget represents
a.
Estimation
b.
All of these

HTML Format

Forecasting

To see any report in detailed way, press

a.
Alt+F2
b.
F2

ASCII Fo

c.

Assumpti

c.

Alt + C

Alt+F1
93.

How many formats are available while Exporting?

a.
5
b.
4

SDF Format
91.

on

Stock Categories

2
90.

rmat
c.

d.

d.

In Service tax Credit Adjustment (%) should be either

a.
20%
b.
100%
c.
30%

Service Tax Report can be seen from

a.
Display > Day Book
b.
> Account Books
c.
Display > Statutory Masters
d.
Display > Statutory Reports

Both a &

94.

Display

95.

Can we allow Expenses/Fixed Assets in Purchase vouchers?

a.
Yes
b.
No

96.

Transfer from Main Cash to Petty Cash you require to pass voucher.
a.
Payment
b.
Contra
c.
Receipt
d. None of these

97. If the Financial Year from is 1st April 2005 and the Books Beginning from is
1st
January 2006 then what will be the Closing Date?
a.
31st Dec 2006
b.
31st March 2006
c.
31st December 2005
d.
None of these
98.

Income Tax number of the Company will appear in which report?

a.
Cash/Bank Book
b.
Profit a

nd Loss A/c
c.

Reminder Letter

d.

these
99.

100.

Patent account falls under

a.
Investments
c.
Current Assets
d.

b.
Liabilities
None of these

Find out which is not a Default Ledger in Tally.

a.
Cash in Hand
b.
Capital Account
c.
Profit & Loss
d.
None of these

None of

ANSWERS
{KiRaN}
1.

b
5.

2.
a

3.

4.

6.

c
10.

7.
c

8.

9.

11.

b
15.

12.
a

13.

14.

c
d

17.

21.

a
25.
c
30.
b
35.
d
40.

22.
b
27.
c
32.
c
37.
b

23.

24.

28.

29.

33.

34.

38.

39.

d
45.

42.
b

43.

44.

a
b
d
16.
20.
c
26.
b
31.
c
36.
c
41.
a

18.

19.

46.

c
50.

47.
d

48.

49.

51.

a
55.

52.
b

53.

54.

c
b

57.

61.

d
65.

62.
b

63.

64.

66.

d
70.

67.
a

68.

69.

71.

a
75.

72.
c

73.

74.

76.

b
80.

77.
c

78.

79.

81.

c
85.

82.
b

83.

84.

86.

a
90.

87.
d

88.

89.

91.

d
95.
b
100.

92.
a
97.
b

93.

94.

98.

99.

b
a
56.
60.
b
b
b
d
d
c
d
96.
d

58.

59.