The option 'statutory compliance for' is appearing in

11 Statutory & Taxation features

478 + Mcqs in Tally in Computer Fundamentals Page 1 McqOptions

1.	Function key for selecting payment voucher is
A.	5
B.	6
C.	9
D.	11
Answer» B. 6

Discussion

2.	________ key helps to select function and features screen
A.	8
B.	6
C.	11
D.	9
Answer» D. 9

Discussion

3.	For selecting a company use ________ key
A.	1
B.	2
C.	6
D.	7
Answer» B. 2

Discussion

4.	For selecting credit note voucher we have to use ________ key
A.	trl + F9
B.	trl + F8
C.	lt + F7
D.	lt + F8
Answer» C. lt + F7

Discussion

5.	For selecting debit note voucher we have to use ________ key
A.	trl + F9
B.	trl + F8
C.	lt + F7
D.	lt + F8
Answer» B. trl + F8

Discussion

6.	Function key to select journal voucher is
A.	5
B.	6
C.	7
D.	2
Answer» D. 2

Discussion

7.	Function key to select sales voucher is
A.	8
B.	9
C.	4
D.	3
Answer» B. 9

Discussion

8.	Function key to select purchase voucher is
A.	8
B.	9
C.	4
D.	3
Answer» C. 4

Discussion

9.	Function key for payment voucher is
A.	3
B.	4
C.	5
D.	6
Answer» D. 6

Discussion

10.	To view detailed form of every report, we have to press ________
A.	lt + F2
B.	lt + F1
C.	lt + F3
D.	6
Answer» C. lt + F3

Discussion

11.	Function key for changing current period is
A.	lt + F2
B.	2
C.	5
D.	6
Answer» B. 2

Discussion

12.	Function key for changing date is
A.	lt + F2
B.	2
C.	5
D.	6
Answer» C. 5

Discussion

13.	Calculator area can be activated using
A.	lt + F2
B.	trl + M
C.	trl + N
D.	lt + M
Answer» D. lt + M

Discussion

14.	F2 is used for
A.	hanging current date
B.	hanging current period
C.	hange the voucher
D.	elect payment voucher
Answer» B. hanging current period

Discussion

15.	F10 is the short key for ________ Voucher
A.	ayment
B.	emo
C.	eceipt
D.	urchase
Answer» C. eceipt

Discussion

16.	F12 button is used to select ________ option
A.	elect company
B.	ore features
C.	nventory
D.	onfiguration
Answer» E.

Discussion

17.	The short key for company creation is ________
A.	trl+ F2
B.	lt + F2
C.	lt + F3
D.	trl + F3
Answer» D. trl + F3

Discussion

18.	Default invoice mode is on for Sales or Purchase entry. Which key should be pressed for entry of sales or Purchase as a voucher
A.	lt + V
B.	trl + V
C.	lt + F8
D.	lt + F9
Answer» C. lt + F8

Discussion

19.	Which shortcut key is used to set No in 'Use Common Ledger A/c for Item Allocation'
A.	lt + F11
B.	11
C.	lt + F12
D.	12
Answer» E.

Discussion

20.	Which shortcut key is pressed for voucher entry or deleting a ledger
A.	lt + A
B.	lt + C
C.	lt + X
D.	lt + D
Answer» E.

Discussion

21.	Which shortcut key is used to view Report with all details in Tally
A.	1
B.	lt + F1
C.	3
D.	lt + F2
Answer» C. 3

Discussion

22.	Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally
A.	3
B.	4
C.	2
D.	1
Answer» B. 4

Discussion

23.	Which shortcut key is used in Company Features screen to use Inventory Features in Tally
A.	1
B.	2
C.	3
D.	4
Answer» C. 3

Discussion

24.	Which shortcut key is used in Company Features screen to use Accounting Features in Tally
A.	1
B.	2
C.	3
D.	4
Answer» B. 2

Discussion

25.	For entries not involving either cash or bank transactions we use ________ voucher
A.	ontra voucher
B.	ournal
C.	ales
D.	urchase
Answer» C. ales

Discussion

26.	For entries involving both cash and bank transactions we use ________ voucher
A.	ontra voucher
B.	ournal
C.	ales
D.	urchase
Answer» B. ournal

Discussion

27.	________ button helps to connect data from spread sheet or other application
A.	-mail
B.	elp
C.	xport
D.	rowser
Answer» D. rowser

Discussion

28.	The branch of accounting which analyses and interprets the overall data is ________
A.	inancial accounting
B.	ost accounting
C.	anagement accounting
D.	one of these
Answer» D. one of these

Discussion

29.	The term current assets does not include ________
A.	ebtors
B.	ills Receivable
C.	tock
D.	oodwill
Answer» E.

Discussion

30.	A person who owes money to the business is a ________
A.	ebtor
B.	reditor
C.	nvestor
D.	upplier
Answer» B. reditor

Discussion

31.	Assets acquired for long term use in the business are called ________
A.	ixed assets
B.	urrent assets
C.	ictitious assets
D.	iquid asset
Answer» B. urrent assets

Discussion

32.	Income earned but not received is known as ________
A.	dvance income
B.	roposed income
C.	arned income
D.	ccrued income
Answer» E.

Discussion

33.	Bank account is ________
A.	ersonal account
B.	eal account
C.	ominal account
D.	ntangible real account
Answer» B. eal account

Discussion

34.	In tally screen right extreme displays ________
A.	elected companies
B.	urrent date
C.	ate way of tally
D.	utton bar
Answer» E.

Discussion

35.	Closing stock come under ________
A.	urrent asset
B.	ixed asset
C.	tock in hand
D.	irect income
Answer» D. irect income

Discussion

36.	There are ________ predefined ledgers
A.	ne
B.	hree
C.	wo
D.	our
Answer» D. our

Discussion

37.	Which shortcut key is pressed and then 'yes' is given in 'Use Debit/Credit Noted' to post entry in Credit Note and Debit Note in Tally
A.	lt + F11
B.	11
C.	12
D.	lt + F12
Answer» C. 12

Discussion

38.	Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company
A.	lt + P
B.	lt + E
C.	lt + O
D.	lt + S
Answer» C. lt + O

Discussion

39.	For 'stock journal' entry we press ________ in tally
A.	7
B.	lt + F7
C.	10
D.	11
Answer» C. 10

Discussion

40.	Which of the following is the example of external users of accounting information
A.	overnment
B.	wners
C.	anagement
D.	mployee
Answer» B. wners

Discussion

41.	The option 'statutory compliance for' is appearing in
A.	ompany creation screen
B.	ST classification screen
C.	11 Statutory & Taxation features
D.	ccount creation screen
Answer» B. ST classification screen

Discussion

42.	Sales return are recorded in ________ Voucher
A.	ales voucher
B.	ebit note
C.	eceipt
D.	redit note
Answer» E.

Discussion

43.	A trial balance is a ________
A.	edger
B.	ournal
C.	ccount
D.	ist
Answer» E.

Discussion

44.	A 'credit note' is sent by ________ to ________
A.	eller, buyer
B.	uyer, seller
C.	ustomer, seller
D.	reditor, seller
Answer» B. uyer, seller

Discussion

45.	The rate of trade discount varies with the ________ purchased
A.	otal asset
B.	urrent asset
C.	uantity
D.	one of these
Answer» D. one of these

Discussion

46.	A ________ serves the purpose of both journal and ledger accounts
A.	ournal proper
B.	urchase day book
C.	ash book
D.	ny of the above
Answer» D. ny of the above

Discussion

47.	Trial balance is prepared on ________ basis
A.	onthly
B.	nnually
C.	alf yearly
D.	ny of the above
Answer» E.

Discussion

48.	'Inventory books' is used to view
A.	tock Items
B.	roup Summary
C.	oth A and B above
D.	one of these
Answer» D. one of these

Discussion

49.	________ gives the balance for each day for the voucher type has been selected
A.	rial Balance
B.	ay book
C.	alance Sheet
D.	one of the above
Answer» C. alance Sheet

Discussion

50.	The Profit & Loss statement can be displayed in ________ format(s).
A.	orizontal
B.	ertical
C.	or B
D.	one of the above
Answer» D. one of the above

Discussion

Explore topic-wise MCQs in Computer Fundamentals.

Function key for selecting payment voucher is

________ key helps to select function and features screen

For selecting a company use ________ key

For selecting credit note voucher we have to use ________ key

For selecting debit note voucher we have to use ________ key

Function key to select journal voucher is

Function key to select sales voucher is

Function key to select purchase voucher is

Function key for payment voucher is

To view detailed form of every report, we have to press ________

Function key for changing current period is

Function key for changing date is

Calculator area can be activated using

F2 is used for

F10 is the short key for ________ Voucher

F12 button is used to select ________ option

The short key for company creation is ________

Default invoice mode is on for Sales or Purchase entry. Which key should be pressed for entry of sales or Purchase as a voucher

Which shortcut key is used to set No in 'Use Common Ledger A/c for Item Allocation'

Which shortcut key is pressed for voucher entry or deleting a ledger

Which shortcut key is used to view Report with all details in Tally

Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally

Which shortcut key is used in Company Features screen to use Inventory Features in Tally

Which shortcut key is used in Company Features screen to use Accounting Features in Tally

For entries not involving either cash or bank transactions we use ________ voucher

For entries involving both cash and bank transactions we use ________ voucher

________ button helps to connect data from spread sheet or other application

The branch of accounting which analyses and interprets the overall data is ________

The term current assets does not include ________

A person who owes money to the business is a ________

Assets acquired for long term use in the business are called ________

Income earned but not received is known as ________

Bank account is ________

In tally screen right extreme displays ________

Closing stock come under ________

There are ________ predefined ledgers

Which shortcut key is pressed and then 'yes' is given in 'Use Debit/Credit Noted' to post entry in Credit Note and Debit Note in Tally

Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company

For 'stock journal' entry we press ________ in tally

Which of the following is the example of external users of accounting information

The option 'statutory compliance for' is appearing in

Sales return are recorded in ________ Voucher

A trial balance is a ________

A 'credit note' is sent by ________ to ________

The rate of trade discount varies with the ________ purchased

A ________ serves the purpose of both journal and ledger accounts

Trial balance is prepared on ________ basis

'Inventory books' is used to view

________ gives the balance for each day for the voucher type has been selected

The Profit & Loss statement can be displayed in ________ format(s).

A 'credit note' is sent by to