MCQGeeks
0 : 0 : 1
CBSE
JEE
NTSE
NEET
English
UK Quiz
Quiz
Driving Test
Practice
Games
Quiz
Computer Fundamentals
Tally
Quiz 3
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Q.1
To create Purchase Order press
Alt + F4
Ctrl + F4
F4
None of these
Q.2
A ledger may get declaration space for its Alias through
F12
F11
Alt + F1
Alt + F2
Q.3
F12 is known as
Company Features
Company Configuration
Accounting Features
None of these
Q.4
The shortcut key to quit from Tally is
Ctrl + L
Ctrl + P
Ctrl + M
Ctrl + Q
Q.5
The shortcut used to activate calculator is
Ctrl + N
Ctrl + M
Ctrl + A
Ctrl + B
Q.6
Loans from individual comes under ________ group
Fixed liabilities
Loans and advances
Current liabilities
Capital
Q.7
To activate MRP feature from Gateway of Tally initially we need to press
F11
F12
F10
Alt + F1
Q.8
Adjustment entries can be entered in
Contra voucher
Journal voucher
Sales voucher
Purchase voucher
Q.9
Which shortcut key is pressed to go to company Info. menu from Gateway of Tally
Alt+F4
Alt+f2
Alt+F1
Alt+F3
Q.10
Debit note is used for entering
Purchases
Sales
Purchase return
Sales return
Q.11
Which key is pressed to go to Gateway of Tally from company Info. menu
Ctrl
Alt
Esc
Enter
Q.12
To change Current Date from Gateway of Tally press the key
F1
F5
F2
F9
Q.13
Bottom of tally screen shows
Button bar
List of vouchers
List of companies
Calculator
Q.14
For entries involving both cash and bank transactions we use ________ voucher
Contra voucher
Journal
Sales
Purchase
Q.15
For entries not involving either cash or bank transactions we use ________ voucher
Contra voucher
Journal
Sales
Purchase
Q.16
Carriage inwards can be included in
Direct expenses
Indirect expenses
Current liability
Misc Expenses
Q.17
The branch of accounting which analyses and interprets the overall data is ________
Financial accounting
Cost accounting
Management accounting
None of these
Q.18
To activate cost centre and cost category feature we have to select
Configuration
F11 features
Group creation
Voucher creation
Q.19
The left hand side of tally screen shows
Current date
Last entered voucher
Gate way of tally
List of selected companies
Q.20
Credit note is used for entering
Purchases
Sales
Purchase return
Sales return
Q.21
_______ is the collection of all accounts
Journal
Voucher
Invoices
Ledger
Q.22
_______ is the book of original entry
Journal
Voucher
Invoices
Ledger
Q.23
The process of ascertaining the balance of a particular account on a given date is
Posting
Journalizing
Balancing
Accounting
Q.24
_______ is the expense which is unpaid at the end of the accounting period
Outstanding expenses
Prepaid expenses
Proposed expenses
Working capital
Q.25
_____ is an example for tangible assets
Furniture
Debtors
Patent
Discount on issue of shares and debentures
Q.26
Transactions are firstly entered in:
Journal
Ledger
Trial balance
None of these
Q.27
A trial balance is prepared
To prepare p &l a/c
To test the arithmetical accuracy
For making adjustments
To balance the a/c
Q.28
Capital is treated as liability because of
Dual aspect concept
Money measurement concept
Matching concept
Entity concept
Q.29
______ are the liabilities which are payable after a long period
Fixed liabilities
Miscellaneous expenditure
Current liabilities
Contingent liabilities
Q.30
______ is an example for long term liabilities
Creditors
Debentures
Overdraft
Bills payable
0 h : 0 m : 1 s
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Report Question
×
What's an issue?
Question is wrong
Answer is wrong
Other Reason
Want to elaborate a bit more? (optional)
Support mcqgeeks.com by disabling your adblocker.
×
Please disable the adBlock and continue.
Thank you.
Reload page