Default ledger accounts in tally are ________

alance sheet, profit & loss and trial balance

Which option is used to view Trial Balance from Gateway of Tally?

ateway of Tally > Reports > Trial Balance

ateway of Tally > Trial Balance

ateway of Tally > Display > Trial Balance

E-mail can be used to

Send mail directly from tally screen

478 + Mcqs in Tally in Computer Fundamentals Page 2 McqOptions

51.	Budget represents ________
A.	stimation
B.	orecasting
C.	ssumption
D.	ll of these
Answer» E.

Discussion

52.	In tally you get currency symbol option from ________ menu
A.	ompany creation
B.	tock items units
C.	egional setting
D.	one of the above
Answer» B. tock items units

Discussion

53.	A Group Company is ________ given to the merged accounts of member companies of the group
A.	name
B.	n identity
C.	and B
D.	one of the above
Answer» D. one of the above

Discussion

54.	'Tally vault' is a ________
A.	ecurity mechanism
B.	edger a/c
C.	ost category
D.	one of the above
Answer» B. edger a/c

Discussion

55.	Default 'godown' name in tally is ________
A.	rimary
B.	ain location
C.	or b
D.	one of the above
Answer» C. or b

Discussion

56.	Default ledger accounts in tally are ________
A.	alance sheet, profit & loss and trial balance
B.	rofit & loss and trial balance
C.	ash and profit & loss accounts
D.	ash and bank accounts
Answer» D. ash and bank accounts

Discussion

57.	Transfer from main cash to petty cash you require to pass ________
A.	oucher
B.	ayment
C.	ontra
D.	eceipt
Answer» D. eceipt

Discussion

58.	The options 'use common narration' and 'narration each entry' appear
A.	ccount creation screen
B.	oucher entry screen
C.	11 Accounting features
D.	oucher type creation screen
Answer» E.

Discussion

59.	Salary comes under ________ Head
A.	irect expense
B.	urrent liability
C.	ndirect expense
D.	urrent asset
Answer» D. urrent asset

Discussion

60.	Which reports are prepared monthly in Tally?
A.	rofit & Loss A/C
B.	alance Sheet
C.	rial Balance
D.	ash Flow of Funds Flow
Answer» D. ash Flow of Funds Flow

Discussion

61.	Which option is used to view Trial Balance from Gateway of Tally?
A.	ateway of Tally > Reports > Trial Balance
B.	ateway of Tally > Trial Balance
C.	ateway of Tally > Display > Trial Balance
D.	one of these
Answer» D. one of these

Discussion

62.	How many voucher types are readily available in Tally
A.	8
B.	6
C.	0
D.	8
Answer» B. 6

Discussion

63.	Which option is used to copy company's data into pendrive or CD
A.	ackup
B.	estore
C.	plit Company Data
D.	opy Data
Answer» B. estore

Discussion

64.	'Allow components list details (Bill of Materials)' option is activated for
A.	edgers
B.	ost Category
C.	tock Items
D.	udgets
Answer» D. udgets

Discussion

65.	In Tally, there are ________ predefined ledgers.
A.	ne
B.	wo
C.	hree
D.	our
Answer» C. hree

Discussion

66.	Which shortcut key is used to view Report with all details in Tally3
A.	F1
B.	Alt + F1
C.	F3
D.	Alt + F2
Answer» C. F3

Discussion

67.	Which key is used to post entry in Debit Note in tally
A.	F7
B.	F8
C.	Ctrl+F9
D.	Ctrl+F8
Answer» D. Ctrl+F8

Discussion

68.	Which shortcut key is used in ?Company Features? Screen to use Statutory & Taxation in Tally
A.	F3
B.	F4
C.	F2
D.	F1
Answer» B. F4

Discussion

69.	In which voucher type credit sales is recorded in Tally
A.	F5:Payment
B.	F6:Receipt
C.	F7:Journal
D.	F8:Sales
Answer» E.

Discussion

70.	In which voucher type credit purchase entry is posted in Tally
A.	F5:Payment
B.	F7:Journal
C.	F9:Purchase
D.	F6:Receipt
Answer» D. F6:Receipt

Discussion

71.	Which option is used to exit Tally
A.	Exit
B.	Close
C.	Quit
D.	Shut Company
Answer» D. Shut Company

Discussion

72.	Which shortcut key is used to view configure in Tally
A.	F10
B.	F11
C.	F12
D.	Alt+F9
Answer» D. Alt+F9

Discussion

73.	Which Shortcut key is pressed to view features in Tally
A.	F10
B.	F11
C.	Alt+11
D.	F12
Answer» C. Alt+11

Discussion

74.	Which shortcut key is used to shut opened company in Tally
A.	F1
B.	Alt+F1
C.	F3
D.	Alt+F3
Answer» C. F3

Discussion

75.	Which shortcut key is used for Select Company in Tally
A.	F1
B.	Alt+F1
C.	F3
D.	Alt+F3
Answer» D. Alt+F3

Discussion

76.	Which shortcut key(s) are used to enter a stock journal in tally
A.	F7
B.	Control + F7
C.	Alt + F7
D.	Shift + F7
Answer» D. Shift + F7

Discussion

77.	For 'stock journal' entry we press ______________ in tally
A.	F7
B.	Alt + F7
C.	F10
D.	F11
Answer» C. F10

Discussion

78.	To create a sales voucher in tally, you have to press _______
A.	F5
B.	F7
C.	F8
D.	F9
Answer» D. F9

Discussion

79.	To change the date, shortcut used
A.	Alt+F2
B.	Alt+F3
C.	F2
D.	F1
Answer» D. F1

Discussion

80.	To use Dr/Cr instead of To/By during Voucher entry or vice versa, Press
A.	F10
B.	F12
C.	F11
D.	None of these
Answer» C. F11

Discussion

81.	We can switch from Accounting Voucher to Inventory Voucher pressing
A.	F2
B.	Alt +F1
C.	Ctrl + F1
D.	F11
Answer» C. Ctrl + F1

Discussion

82.	To create Purchase Order press
A.	Alt + F4
B.	Ctrl + F4
C.	F4
D.	None of these
Answer» B. Ctrl + F4

Discussion

83.	We can cancel a voucher using
A.	Alt + X
B.	Ctrl + X
C.	Shift + X
D.	Ctrl + Shift + X
Answer» B. Ctrl + X

Discussion

84.	We can repeat narration by pressing
A.	Shift + R
B.	Alt + R
C.	Ctrl + R
D.	Alt + Shift + R
Answer» D. Alt + Shift + R

Discussion

85.	To activate MRP feature from Gateway of Tally initially we need to press
A.	F11
B.	F12
C.	F10
D.	Alt + F1
Answer» C. F10

Discussion

86.	The shortcut used to activate calculator is
A.	Ctrl + N
B.	Ctrl + M
C.	Ctrl + A
D.	Ctrl + B
Answer» B. Ctrl + M

Discussion

87.	The shortcut key to quit from Tally is
A.	Ctrl + L
B.	Ctrl + P
C.	Ctrl + M
D.	Ctrl+Q
Answer» E.

Discussion

88.	To change Current Date from Gateway of Tally press the key
A.	F1
B.	F5
C.	F2
D.	F9
Answer» D. F9

Discussion

89.	Which key is pressed to go to Gateway of Tally from company Info. Menu
A.	Ctrl
B.	Alt
C.	Esc
D.	Enter
Answer» D. Enter

Discussion

90.	Which shortcut key is pressed to go to company Info. Menu from Gateway of Tally
A.	Alt+F4
B.	Alt+f2
C.	Alt+F1
D.	Alt+F3
Answer» E.

Discussion

91.	For entries not involving either cash or bank transactions we use _______________ voucher
A.	Contra voucher
B.	Journal
C.	Sales
D.	Purchase
Answer» C. Sales

Discussion

92.	For entries involving both cash and bank transactions we use _______________ voucher
A.	Contra voucher
B.	Journal
C.	Sales
D.	Purchase
Answer» B. Journal

Discussion

93.	____________ button helps to connect data from spread sheet or other application
A.	E-mail
B.	Help
C.	Export
D.	Browser
Answer» D. Browser

Discussion

94.	Credit note is used for entering
A.	Purchases
B.	Sales
C.	Purchase return
D.	Sales return
Answer» E.

Discussion

95.	The left hand side of tally screen shows
A.	Current date
B.	Last entered voucher
C.	Gate way of tally
D.	List of selected companies
Answer» E.

Discussion

96.	To activate cost centre and cost category feature we have to select
A.	Configuration
B.	F 11 features
C.	Group creation
D.	Voucher creation
Answer» C. Group creation

Discussion

97.	Capital of the company is included under
A.	Capital account
B.	Fixed liabilities
C.	Loans and advances
D.	Current liabilities
Answer» C. Loans and advances

Discussion

98.	In tally screen right extreme displays______________
A.	Selected companies
B.	Current date
C.	Gate way of tally
D.	Button bar
Answer» E.

Discussion

99.	E-mail can be used to
A.	Send mail directly from tally screen
B.	To send e-mail
C.	Download information
D.	Access help
Answer» B. To send e-mail

Discussion

100.	The term current assets does not include __________
A.	Debtors
B.	B/r
C.	Stock
D.	Goodwill
Answer» E.

Discussion

Explore topic-wise MCQs in Computer Fundamentals.

Budget represents ________

In tally you get currency symbol option from ________ menu

A Group Company is ________ given to the merged accounts of member companies of the group

'Tally vault' is a ________

Default 'godown' name in tally is ________

Default ledger accounts in tally are ________

Transfer from main cash to petty cash you require to pass ________

The options 'use common narration' and 'narration each entry' appear

Salary comes under ________ Head

Which reports are prepared monthly in Tally?

Which option is used to view Trial Balance from Gateway of Tally?

How many voucher types are readily available in Tally

Which option is used to copy company's data into pendrive or CD

'Allow components list details (Bill of Materials)' option is activated for

In Tally, there are ________ predefined ledgers.

Which shortcut key is used to view Report with all details in Tally3

Which key is used to post entry in Debit Note in tally

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

In which voucher type credit sales is recorded in Tally

In which voucher type credit purchase entry is posted in Tally

Which option is used to exit Tally

Which shortcut key is used to view configure in Tally

Which Shortcut key is pressed to view features in Tally

Which shortcut key is used to shut opened company in Tally

Which shortcut key is used for Select Company in Tally

Which shortcut key(s) are used to enter a stock journal in tally

For 'stock journal' entry we press ______________ in tally

To create a sales voucher in tally, you have to press _______

To change the date, shortcut used

To use Dr/Cr instead of To/By during Voucher entry or vice versa, Press

We can switch from Accounting Voucher to Inventory Voucher pressing

To create Purchase Order press

We can cancel a voucher using

We can repeat narration by pressing

To activate MRP feature from Gateway of Tally initially we need to press

The shortcut used to activate calculator is

The shortcut key to quit from Tally is

To change Current Date from Gateway of Tally press the key

Which key is pressed to go to Gateway of Tally from company Info. Menu

Which shortcut key is pressed to go to company Info. Menu from Gateway of 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

Credit note is used for entering

The left hand side of tally screen shows

To activate cost centre and cost category feature we have to select

Capital of the company is included under

In tally screen right extreme displays______________

E-mail can be used to

The term current assets does not include __________