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Computer Fundamentals
Tally
Quiz 5
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Q.1
Which reports are prepared monthly in Tally?
Profit & Loss A/C
Balance Sheet
Trial Balance
Cash Flow of Funds Flow
Q.2
By which option Purchase or Sales register can be viewed
Statutory Books
Inventory Books
Accounts Books
Display
Q.3
Which option is used to view Stock Items or Group Summary
Accounts Books
Inventory Books
Statutory Books
Display
Q.4
Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.
Lts
Nos
Kgs
Box
Q.5
Which option is used to view Trial Balance from Gateway of Tally?
Gateway of Tally > Reports > Trial Balance
Gateway of Tally > Trial Balance
Gateway of Tally > Display > Trial Balance
None of these
Q.6
Which option is true for viewing Profit & Loss A/C in Gateway of Tally
Gateway of Tally > Reports > Profit & Loss A/C
Gateway of Tally > Display > Profit & Loss A/C
Gateway of Tally > Account Books > Profit & Loss A/C
None of these
Q.7
By default, which mode is on in Purchase and Sales voucher
Normal Mode
Item Invoice Mode
Particulars Mode
None of these
Q.8
Where do we record interest received, commission received or rent received in Tally
Contra
Payment
Receipt
Journal
Q.9
Where do we record cash sales in Tally
Contra
Receipt
Payment
Journal
Q.10
Where do we record credit purchase of furniture in Tally
Purchase
Payment
Receipt
Journal
Q.11
Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally
Journal
Payment
Contra
Receipt
Q.12
Which of the following equation is true for balance sheet
Assets = Liabilities + Capital
Liabilities = Assets + Capital
Capital = Assets + Liabilities
All of these
Q.13
Which option is used to make changes in created Groups of Ledgers in Tally
Create
Display
Alter
Change
Q.14
How many voucher types are readily available in Tally
18
16
20
28
Q.15
Which voucher type is used to transfer amount from one bank to another
Contra
Payment
Receipt
Post-Dated
Q.16
How many groups are pre-defined in Tally
28
30
15
19
Q.17
Rs.20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded
Payment
Receipt
Contra
Post-Dated
Q.18
How many primary groups are there in Tally
19
28
15
20
Q.19
How many secondary groups are there in Tally
15
13
28
3
Q.20
Where do we record transactions of salary, rent or interest paid
Contra
Journal
Receipt
Payment
Q.21
Which option is selected from Company Info Menu to divide company data into two financial years
Change Tally Vault
Alter
Split Company Data
New Company
Q.22
Which option is used to copy company's data into pendrive or CD
Backup
Restore
Split Company Data
Copy Data
Q.23
Which option is used to view list of Primary and Secondary groups in Tally
List of Accounts
Accounts
List
None of these
Q.24
Which ledger is created by Tally automatically as soon as we create a new company
Cash
Profit & Loss A/c
Capital A/c
A and B both
Q.25
Which option is used to move from one company to another when more than one companies are open
Company Info
Shut Company
Select Company
Company
Q.26
Which menu is used to create new ledgers, groups and voucher types in Tally
Reports
Import
Transactions
Masters
Q.27
Which option is used to place data taken in pen drive or CD to Appropriate place in Tally
Backup
Restore
Split Company Data
None of these
Q.28
Which option is used to open company created in Tally
Create Company
Alter
Select Company
Shut Company
Q.29
Which option is used in Tally to close opened Company
Alter
Shut Company
Create Company
Select Company
Q.30
Which submenu is used to create new ledgers, groups and voucher types in Tally
Account Info
Inventory Info
Accounting Vouchers
Inventory Vouchers
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