Tally Accounting for Beginners MCQ Questions with Answers

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MCQ for Computer Science Tally Accounting for Beginners

Computer Science students should refer to the following multiple-choice questions with answers for Tally Accounting for Beginners

Tally Accounting for Beginners MCQ Questions Computer Science with Answers

Question. Which menu appears after starting Tally for the first time?
(a) Gateway of Tally
(b) Company Info
(c) Display
(d) None of these

Answer : B

Question. Which menu is used to create new ledgers, groups and voucher types in Tally?
(a) Reports
(b) Import
(c) Transactions
(d) Masters

Answer : D

Question. Which shortcut key is used in ‘Company Feature’s screen to use Accounting Features in Tally?
(a) F1
(b) F2
(c) F3
(d) F4

Answer : A

Question. Which submenu is used for voucher entry in Tally?
(a) Vouchers
(b) Account Vouchers
(c) Accounts Info.
(d) None of these

Answer : B

Question. Which shortcut key is used to shut opened company in Tally?
(a) F1
(b) Alt+F1
(c) F3
(d) Alt+F3

Answer : B

Question. Which option is used to exit Tally?
(a) Exit
(b) Close
(c) Quit
(d) Shut Company

Answer : C

Question. Latest version of Tally package is....
(a) 8.1
(b) 4.93
(c) 8.1
(d) 5.5.2

Answer : D

Question. Which option from Company Info. menu is selected to create a new Company in Tally?
(a) Company Create
(b) Create Company
(c) Create
(d) New Company

Answer : B

Question. Rs.10, 000 withdrawn from State Bank. In which voucher type this transaction will be recorded?
(a) Payment
(b) Receipt
(c) Contra
(d) Post-Dated

Answer : C

Question. Which option is used to place data taken in pen drive or CD to Appropriate place in Tally?
(a) Backup
(b) Restore
(c) Split Company Data
(d) None of these

Answer : B

Question. Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company?
(a) Alt+P
(b) Alt+E
(c) Alt+O
(d) Alt+S

Answer : B

Question. Where do we record interest received, commission received or rent received in Tally?
(a) Contra
(b) Payment
(c) Receipt
(d) Journal

Answer : B

Question. How many type of company can be created in tally?
(a) 2
(b) 4
(c) 1
(d) None of these

Answer : A

Question. Which option is used in Tally to close opened Company?
(a) Alter
(b) Shut Company
(c) Create Company
(d) Select Company

Answer : B

Question. Which shortcut key is used to change current period in Tally?
(a) F2
(b) Alt+F2
(c) F3
(d) Alt+F3

Answer : B

Question. Where do we record purchase return, sales return, depreciation, bad debts et(c)in Tally?
(a) Journal
(b) Payment
(c) Contra
(d) Receipt

Answer : A

Question. Where do we record all type of adjustment entry in Tally?
(a) F5:Payment
(b) F6:Receipt
(c) F7:Journal
(d) F4:Contra

Answer : C

Question. Which option is used to move from one company to another when more than one companies are open?
(a) Company Info.
(b) Shut Company
(c) Select Company
(d) Company

Answer : B

Question. Which Shortcut key is pressed to create a new company in Tally?
(a) F3
(b) Alt+F3
(c) F2
(d) Alt+F2

Answer : B

Question. Which shortcut key is used to take print of any report in Tally?
(a) Ctrl+P
(b) Shift+P
(c) Alt+P
(d) Alt+Ctrl+P

Answer : C

Question. Which shortcut key is used to view configure in Tally?
(a) F10
(b) F11
(c) F12
(d) Alt+F9

Answer : C

Question. Which shortcut key is used in ‘Company Features’ screen to use Inventory Features in Tally?
(a) F1
(b) F2
(c) F3
(d) F4

Answer : B

Question. Which shortcut key is used in ‘Company Features’ Screen to use Statutory & Taxation in Tally?
(a) F3
(b) F4
(c) F2
(d) F1

Answer : A

Question. Which submenu is used to create new ledgers, groups and voucher types in Tally?
(a) Account Info.
(b) Inventory Info.
(c) Accounting Vouchers
(d) Inventory Vouchers

Answer : A

Question. Which Shortcut key is pressed to view features in Tally?
(a) F10
(b) F11
(c) Alt+11
(d) F12

Answer : B

Question. Which option is used to copy company’s data into pen drive or CD?
(a) Backup
(b) Restore
(c) Split Company Data
(d) Copy Data

Answer : A

Question. With how many types ledger, group and voucher types can be created in Tally?
(a) 2
(b) 3
(c) 4
(d) 5

Answer : A

Question. How many groups are pre-defined in Tally?
(a) 28
(b) 30
(c) 15
(d) 19

Answer : A

Question. Where do we record cash sales in Tally?
(a) Contra
(b) Receipt
(c) Payment
(d) Journal

Answer : B

Question. Which shortcut key is used for Select Company in Tally?
(a) F1
(b) Alt+F1
(c) F3
(d) Alt+F3

Answer : C

Question. How many primary groups are there in Tally?
(a) 19
(b) 28
(c) 15
(d) 20

Answer : C

Question. Oldest version of tally was.........
(a) 5.2
(b) 5.5.2
(c) 4.93
(d) None of these

Answer : D

Question. How many secondary groups are there in Tally?
(a) 15
(b) 13
(c) 28
(d) 34

Answer : A

Question. What type of application software is Tally?
(a) Statistics package
(b) Spreadsheet package
(c) Accounting Package
(d) All of these

Answer : C

Question. 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) Alt+F11
(b) F11
(c) F12
(d) Alt+F12

Answer : B

Question. Tally package is developed by
(a) Peutronics
(b) Tally Solutions
(c) Coral Softwares
(d) Vedika Softwares

Answer : A

Question. Which option is used to view list of Primary and Secondary groups in Tally?
(a) List of Accounts
(b) Accounts
(c) List
(d) None of these

Answer : D

Question. In which voucher type credit sales is recorded in Tally?
(a) F5:Payment
(b) F6:Receipt
(c) F7:Journal
(d) F8:Sales

Answer : D

Question. How many voucher types area readily available in Tally?
(a) 18
(b) 16
(c) 20
(d) 28

Answer : A

Question. Salary Account comes under which head?
(a) Indirect Incomes
(b) Indirect Expenses
(c) Direct Incomes
(d) Direct Expenses

Answer : B

Question. Which option is used to make changes in created Groups of Ledgers in Tally?
(a) Create
(b) Display
(c) Alter
(d) Change

Answer : C

Question. Which voucher type is used to transfer amount from one bank to another?
(a) Contra
(b) Payment
(c) Receipt
(d) Post-Dated

Answer : A

Question. Which option is selected from Company Info Menu to divide company data into two financial years?
(a) Change Tally Vault
(b) Alter
(c) Split Company Data
(d) New Company

Answer : C

Question. Where do we record transactions of salary, rent or interest paid?
(a) Contra
(b) Journal
(c) Receipt
(d) Payment

Answer : D

Question. Where do we record credit purchase of furniture in Tally?
(a) Purchase
(b) Payment
(c) Receipt
(d) Journal

Answer : D

Question. Which option is used in Tally to make changes in created company?
(a) Select Company
(b) Shut Company
(c) Alter
(d) None of these

Answer : C

Question. In which voucher type credit purchase entry is posted in Tally?
(a) F5:Payment
(b) F7:Journal
(c) F9:Purchase
(d) F6:Receipt

Answer : C

Question. How many voucher types are provided in Tally to record transactions?
(a) 2
(b) 3
(c) 4
(d) 5

Answer : A

Question. Which ledger is created by Tally automatically as soon as we create a new company?
(a) Cash
(b) Profit & Loss A/(c)
(c) Capital A/(c)
(d) A and B both

Answer : C

Question. Which key is pressed to post entries in double entry accounting system instead of single entry system in Tally.ERP9?
(a) F11
(b) F12
(c) Alt+F11
(d) Alt+F12

Answer : B

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