Name:
Date:
--------------------------------------------------------------------------------------------------------------------------------------
1.Goods & Service Tax Ledger falls under which Group?
(A) Sales (B) Purchases (C) Indirect Expenses (D) Duties and Taxes
2.The shortcut used for Sales is
(A) F4 (B) F5 (C) F7 (D) F8
3.What is MRP?
(A) Minimum Retail Price (B) Maximum Retail Price(C) Marginal Price
(D) Market Price
4._____ is the shortcut to select a company in Tally.
(A) Alt+F1 (B) Alt+F2 (C) Alt+F3 (D) F1
5.Which option from Company Info. menu is selected to create a new Company in Tally?
(A) Create Company (B) Create (C) New Company (D) Company Create
6.Bank OCC a/c is a group defined under
(A) Loan & Liability (B) Secured Loan (C) Unsecured Loan (D) Bank Account
7._____ is the shortcut to create contra voucher in Tally.
(A) F2 (B) F3 (C) F4 (D) F5
8.Which shortcut key is used to enable Goods and Service Tax?
(A) F1 (B) F2 (C) F5 (D) F11
9.Which option is used in Tally to make changes in created company?
(A) Select Company (B) Shut Company (C) Alter (D) None of these
10.Which menu appears after starting Tally for the first time?
(A) Company Info (B) Gateway of Tally (C) Display (D) None of these
11.Which group [Under] is selected in Input GST or Output GST?
(A) Sundry Creditors (B) Direct Expenses (C) Indirect Expenses
(D) Duties & Taxes
12._____ is the shortcut to change the accounting period from Gateway of Tally.
(A) F1 (B) Alt+F1 (C) Alt+F2 (D) Alt+F3
13.How many groups are pre-defined in Tally?
(A) 15 (B) 19 (C) 28 (D) 30
14._____ is the shortcut for purchase voucher in Tally.
(A) F5 (B) F9 (C) Alt+F4 (D) Alt+F5
15.Which shortcut key is used to shut opened company in Tally?
(A) F1 (B) F3 (C) Alt+F1 (D) Alt+F3
16.Where do we record credit purchase of furniture in Tally?
(A) Journal (B) Receipt (C) Payment (D) Purchase
17.In taxation, GST stands for
(A) goods and services tax
(B) goods and services Transaction
(C) Value Added Transaction
(D) Value Assigned Tax
18._____ is the shortcut to create payment voucher in Tally.
(A) F2 (B) F4 (C) F5 (D) F6
19.In which voucher type credit sales is recorded in Tally?
(A) F5: Payment (B) F6: Receipt (C) F7: Journal (D) F8: Sales
20._____ is the shortcut to create receipt voucher in Tally.
(A) F2 (B) F3 (C) F4 (D) F6
21.Financial year normally ends no?
(A) 31 March (B) 1 April (C) 30 April (D) 31 December
22._____ is the shortcut to shut a company in Tally.
(A) Alt+F1 (B) Alt+F2 (C) Alt+F3 (D) F1
23.How many primary groups are there in Tally?
(A) 15 (B) 19 (C) 20 (D) 28
24.Default ledger accounts in tally are
(A) Profit & loss and trial balance
(B) Cash and bank
(C) Balance sheet & profit & loss profit & loss and trial balance
(D) Cash and profit & loss
25.Financial year begins from?
(A) 31 March (B) 1 April (C) 30 April (D) 31 December