TALLY MULTIPLE CHOICE QUESTIONS TALLY ERP 9

*1. Tally package is developed by*

Peutronics
Tally Solutions
Coral Softwares
Vedika Softwares

*Right Answer : B*

*2. Which option is used in Tally to make changes in created

company*

Select Company
Shut Company
Alter
None of these

*Right Answer : C*

*3. Which option is used to copy company’s data into pen drive
or CD*

Backup
Restore
Split Company Data
Copy Data

*Right Answer : A*

*4. Which option is used to open company created in Tally*

1st Floor, Green Avenue, Opp. Nilsagara Complex,
Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 1
Create Company
Alter
Select Company
Shut Company

*Right Answer : C*

*5. Which option is used in Tally to close opened Company*

Alter
Shut Company
Create Company
Select Company

*Right Answer : B*

*6. Which submenu is used to create new ledgers, groups and

voucher types in Tally*

Account Info
Inventory Info
Accounting Vouchers
Inventory Vouchers

*Right Answer : A*

*7. Salary Account comes under which head*

Indirect Incomes
Indirect Expenses
Direct Incomes

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 2
Direct Expenses

*Right Answer : B*

*8. How many groups are pre-defined in Tally*

28
30
15
19

*Right Answer : A*

*9. How many secondary groups are there in Tally*

15
13
28
3

*Right Answer : B*

*10. Which voucher type is used to transfer amount from one

bank
to another*

Contra
Payment
Receipt
Post-Dated

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 3
*Right Answer : A*

*11. Rs.20,000 withdrawn from State Bank. In which voucher

type
this transaction will be recorded*

Payment
Receipt
Contra
Post-Dated

*Right Answer : C*

*12. Where do we record cash sales in Tally*

Contra
Receipt
Payment
Journal

*Right Answer : B*

*13. Which of the following equation is true for balance sheet*

Assets = Liabilities +Capital

Liabilities = Assets ? Capital
Capital = Assets ? Liabilities
All of these

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 4
*Right Answer : D*

*14. Which unit is created for stock items like grain, pulse,
sugar, oil, ghee etc.*

Lts
Nos
Kgs
Box

*Right Answer : C*
*Your Answer : D *

*15. 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

*Right Answer : A*

*16. Which step is followed to view Purchase Register*

Gateway of Tally? Display ? Sales Register

Gateway of Tally? Account Books ? Sales Register
Gateway of Tally? Display ? Account Books ? Purchase Register
None of these

*Right Answer : C*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 5
 *17. Which reports are prepared monthly in Tally*

Profit & Loss A/C

Balance Sheet
Trial Balance
Cash Flow of Funds Flow

*Right Answer : C*

*18. We can change the Company Information from*

A Company Info > Back up

Company Info > Alter
Company Info > Split Company Data
None of these

*Right Answer : B*

*19. Company Restore option is available in*

Company Features
Company Information
Configuration
None of these

*Right Answer : B*

*20. We can modify an existing Company from*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 6
Company Info > Alter
Company Info > Alter Company
Gateway of Tally > Modify Company
None of these

*Right Answer : A*

*21. Party account can be created through*

Group creation window

Ledger creation window
Inventory creation window
Any one of them

*Right Answer : B*

*22. How many inbuilt Accounts group are in tally by default*

29
31
25
34

*Right Answer : B*

*23. Suspense Account Group is defined under*

Income
Expenditure
Liabilities
Assets

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 7
*Right Answer : C*

*24. In Tally, there are _________ predefined ledgers*

One
Three
Two
Four

*Right Answer : C*

*25. We can see Working Capital figure changing*

Voucher configuration
Profit & Loss configuration
Balance Sheet configuration
Ledger configuration

*Right Answer : C*

*26. Retained Earnings is an alias of*

Indirect Income
Reserve and Surplus
Capital Account
Investments

*Right Answer : B*

*27. Discount Column is available in*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 8
Sales Invoice
Purchase Invoice
Both (a) and (b)
None of these

*Right Answer : C*

*28. To see reports of Job Work Analysis*

Display-Statement of a/cs
Display-Statement of a/cs-Job Work Analysis
Display-Statement of a/cs-Cost Centre-Job work
None of these

*Right Answer : B*

*29. To create Scenario which option requires to be activated*

Use Rev Journal & Optional voucher in F12

Use Optional voucher in F11
Use Reversing voucher in F11
Use Rev journal & Optional voucher in F11

*Right Answer : D*

*30. List of Optional Voucher we can get from*

Cash Bank Books

Exceptional Reports
Accounts Books
Balance Sheet

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 9
*Right Answer : B*

*1. An account that the user need not create is*

Cash at bank
Sundry creditors
Cash in hand
Balance sheet

*Right Answer : C*

*2. The voucher type for recording goods received*

Rejection in
Receipt note
Purchase order
Stock voucher

*Right Answer : B*

*3. Employee salary details are shown in*

Attendance sheet
Gratuity papers
Exact reports
Pay roll

*Right Answer : D*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 10
 *4. Salary comes under __________ Head*

Direct expense
current liability
Indirect expense
Current asset

*Right Answer : C*

*5. Vouchers can be displayed in*

Accounts info
Day book
inventory info
Ledger

*Right Answer : B*

*6. Professionals usually maintain accounts as*

Accounts with inventory

accounts only
Normal accounting
payroll accounting

*Right Answer : B*

*7. Professionals usually maintain accounts as*

Accounts with inventory

accounts only

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 11
Normal accounting
payroll accounting

*Right Answer : B*

*8. A company can be deleted only in*

Display
alter
delete
Create

*Right Answer : B*

*9. Integrated accounts with inventory is available in*

F12 configuration
f11 features
inventory info
accounts info

*Right Answer : B*

*10. Collection of ledgers of same nature is called*

Vouchers
asset
Group
None of these

*Right Answer : C*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 12
 *11. Predefined groups are also called as*

Main group
Primary group
Statutory group
Parent group

*Right Answer : C*

*12. Which of the following is not a disadvantage of introducing

computerized accounting system*

Possible demotivation through reundance

High expenditure on set up
Saving made on labour cost
Required staff training

*Right Answer : C*

*13. Transfer from main cash to petty cash you require to

pass_______*

Voucher
Payment
Contra
Receipt

*Right Answer : C*

*14. Income tax number of the company will appear in which

repor*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 13
Cash/bank book
Profit and loss a/c
Reminder letter
None of these

*Right Answer : D*

*15. Patent account falls under*

Investments
Liabilities
Current assets
None of these

*Right Answer : D*

*16. Drawings account is to be created by linking with*

Capital
Current asset
Current liability
Drawings

*Right Answer : A*

*17. Transactions are firstly entered in:*

Journal
Ledger
Trial balance
None of these

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 14
*Right Answer : A*

*18. Capital is treated as liability because of*

Dual aspect concept

Money measurement concept
Matching concept
Entity concept

*Right Answer : D*

*19. ______ is an example for long term liabilities*

Creditors
Debentures
Overdraft
Bills payable

*Right Answer : B*

*20. ______ is the collection of all accounts*

Journal
Voucher
Invoices
Ledger

*Right Answer : D*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 15
 *21. _______ is the book of original entry*

Journal
Voucher
Invoices
Ledger

*Right Answer : A*

*22. The process of ascertaining the balance of a particular

account on a given date is*

Posting
Journalizing
Balancing
Accounting

*Right Answer : C*

*23. ____ is an example for tangible assets*

Furniture
Debtors
Patent
Discount on issue of shares and debentures

*Right Answer : A*

*24. Which account is the odd one*

Furniture
Land and buildings

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 16
Stock of raw materials
Plant and machinery

*Right Answer : C*

*25. Which of the following is the example of external users of

accounting information*

Government
Owners
Management
Employee

*Right Answer : A*

*26. A ______ is sent to a customer when he returns the goods*

Debit note
Credit note
Proforma invoice
Bill

*Right Answer : B*

*27. A ______ is sent to the seller when he is taken back the

sold goods*

Debit note
Credit note
Proforma invoice
Bill

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 17
*Right Answer : A*

*28. Bank account is ___*

Personal account
Real account
Nominal account
Intangible real account

*Right Answer : A*

*29. Income earned but not received is known as ______*

Advance income
Proposed income
Earned income
Accrued income

*Right Answer : D*

*30. _____ refers the amount invested by the owner into

business*

Loan
Advance
Capital
Prepaid expenses

*Right Answer : C*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 18
 *1. ETCS means*

Enable Tax Collected at Source

Electronic Tax Collected at Source
Electric Tax Collected at Source
None of these

*Right Answer : B*

*2. To get Payroll Reports choose*

Gateway of Tally > Display

Gateway of Tally > Display > Statement of Accounts
Gateway of Tally > Display > Statement of Payroll
Gateway of Tally > Display > Payroll Reports

*Right Answer : D*

*3. BOM represents*

Billing of Machines
Bill of Materials
Bill of Maintenance
None of these

*Right Answer : B*

*4. "Alias" represents*

Short name

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 19
Nick name
Code name
All of these

*Right Answer : D*

*5. Recording of actual stock as physically verified or counted

is done through*

Journal
Stock Journal
Physical Stock
Sales

*Right Answer : C*

*6. Budget represents _______*

Estimation
Forecasting
Assumption
All of these

*Right Answer : D*

*7. Find out which is not a Default Ledger in Tally*

Cash in Hand
Capital Account
Profit & Loss
None of these

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 20
*Right Answer : D*

*8. The Profit & Loss statement can be displayed in

______________ format(s).*

Horizontal
Vertical
A or B
None of the above

*Right Answer : C*

*9. Which option lists inventory valuation method in tally*

Stock report
Stock journal
Stock analysis
Stock summary

*Right Answer : D*

*10. Which option lists inventory valuation method in tally*

Stock report
Stock journal
Stock analysis
Stock summary

*Right Answer : D*

*11. How to activate the tally audit feature in a company*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 21
Press F11 key
During the creation of a company
In -comp info -> security control-option
Press F12 key

*Right Answer : B*

*12. What is the predefined number of groups in tally*

16
28
128
228

*Right Answer : B*

*13. Which of the following is used for voucher entry*

Ledger Account B.
Groups
Sub-Groups
Depends on number of companies

*Right Answer : A*

*14. Which of the following user type can view audit list*

Tally Vault
Owner
Data Entry
Administrator

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 22
*Right Answer : D*

*15. How can data be imported in tally*

One company to another company created within Tally Packag

Other programs - a spreadsheet or a database file
Depends on number of companies
Both A and B

*Right Answer : D*

*16. Which of the following file is usually used as a master file*

Inventory subsidiary
Cash disbursements
Cash receipts
Payroll transactions

*Right Answer : A*

*17. Which of the following can be budgeted in tally*

Net Transactions
Closing Balance
A and B
none

*Right Answer : C*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 23
 *18. Which of the following shows daily balance for a selected
voucher type*

Daybook
Trial Balance
Balance Sheet
None of the above

*Right Answer : A*

*19. How many types of users are present in tally*

1
2
3
4

*Right Answer : C*

*20. Which of the following is the predefined stock category in

tally*

Primary
Symbol
Stock
Main location

*Right Answer : A*

*21. Which file in tally is used to record the import activity*

Tally dat

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 24
Tally ini
Tally imp
None of the above

*Right Answer : B*

*22. ?Inventory books? is used to view*

Stock Items
Group Summary
Both A and B above
None of these

*Right Answer : C*

*23. Trial balance is prepared on ___________ basis*

Monthly
Annually
Half yearly
Any of the above

*Right Answer : D*

*24. A trial balance is a ________________*

Ledger
Journal
Account
List

*Right Answer : D*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 25
 *25. Sales return are recorded in __________ Voucher*

Sales voucher
Debit note
Receipt
Credit note

*Right Answer : D*

*26. ERP stands for*

Enterprise resource planning

Economic resource planning
Efficient resource planning
Economic resource processing

*Right Answer : A*

*27. The home screen of tally is also known as*

Menu bar
Gate way of tally
Accounts info
Button tool bar

*Right Answer : B*

*28. Full form of ODBC*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 26
Open data base connectivity
Open data base calculating
Open document basically
Order data base connection

*Right Answer : A*

*29. The option ?statutory compliance for? is appearing in*

Company creation screen

vat classification screen
F11 accounting features
account creation screen

*Right Answer : A*

*30. Changes in accounts are possible only in*

Display mode
Alteration mode
Single mode
multiple mode

*Right Answer : B*

*1. Assets acquired for long term use in the business are called
_________*

Fixed assets
Current assets
Fictitious assets
Liquid asset

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 27
*Right Answer : A*

*2. A person who owes money to the business is a _______*

Debtor
Creditor
Investor
Supplier

*Right Answer : A*

*3. Accrued income comes under*

Current liability
Capital
Current asset
Fixed asset

*Right Answer : C*

*4. Accrued income comes under*

Current liability
Capital
Current asset
Fixed asset

*Right Answer : C*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 28
 *5. Taxes paid come under which group*

Capital
Loans and liabilities
Direct expenses
Duties and taxes

*Right Answer : D*

*6. Debit note is used for entering*

Purchases
Sales
Purchase return
Sales return

*Right Answer : C*

*7. Bottom of tally screen shows*

Button bar
List of vouchers
List of companies
Calculator

*Right Answer : D*

*8. ____________ button helps to connect data from spread sheet

or other application*

E-mail
Help

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 29
Export
Browser

*Right Answer : C*

*9. For entries involving both cash and bank transactions we use
_______________ voucher*

Contra voucher
Journal
Sales
Purchase

*Right Answer : A*

*10. For entries not involving either cash or bank transactions

we use _______________ voucher*

Contra voucher
Journal
Sales
Purchase

*Right Answer : B*

*11. Adjustment entries can be entered in*

Contra voucher
Journal voucher
Sales voucher
Purchase voucher

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 30
*Right Answer : B*

*12. Which shortcut key is pressed to go to company Info. Menu

from Gateway of Tally*

Alt+F4
Alt+f2
Alt+F1
Alt+F3

*Right Answer : D*

*13. Which key is pressed to go to Gateway of Tally from

company
Info. Menu*

Ctrl
Alt
Esc
Enter

*Right Answer : C*

To change Current Date from Gateway of Tally press the key*

F1
F5
F2
F9

*Right Answer : C*

A ledger may get declaration space for its Alias throug*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 31
F12
F11
Alt + F1
Alt + F2

*Right Answer : A*

F12 is known as*

Company Features
Company Configuration
Accounting Features
None of these

*Right Answer : B*

*18. The shortcut key to quit from Tally is*

Ctrl + L
Ctrl + P
Ctrl + M
Ctrl+Q

*Right Answer : D*

*19. The shortcut used to activate calculator is*

Ctrl + N
Ctrl + M
Ctrl + A
Ctrl + B

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 32
*Right Answer : A*

*20. To activate MRP feature from Gateway of Tally initially we

need to press*

F11
F12
F10
Alt + F1

*Right Answer : B*

*21. Multiple Godowns are activated from*

F11
F11 < F1
F11 < F2
F11 < F3

*Right Answer : C*

*22. To print a voucher from Tally we need to press*

Ctrl + P
Shift + P
Alt + P
Ctrl + Alt + P

*Right Answer : C*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 33
 *23. We can repeat narration by pressing*

Shift + R
Alt + R
Ctrl + R
Alt + Shift + R

*Right Answer : C*

*24. To create Purchase Order press*

Alt + F4
Ctrl + F4
F4
None of these

*Right Answer : A*

*25. Online voucher creation from Day Book report by pressing*

Ctrl + A
Shift + A
Alt + A
None of these

*Right Answer : C*

*26. To declare a voucher as Post Dated press*

Ctrl + T
Alt + T

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 34
Ctrl + P
Ctrl + D

*Right Answer : A*

*27. We can switch from Accounting Voucher to Inventory

Voucher
pressing*

F2
Alt +F1
Ctrl + F1
F11

*Right Answer : B*

*28. To use Dr/Cr instead of To/By during Voucher entry or vice

versa, Press*

F10
F12
F11
None of these

*Right Answer : B*

*29. To change the date, shortcut used*

Alt+F2
Alt+F3
F2
F1

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 35
*Right Answer : C*

*30. Payroll Auto fill is done through*

Ctrl + A
Alt + A
Ctrl + B
Alt + B

*Right Answer : B*

1st Floor, Green Avenue, Opp. Nilsagara Complex,

Near Panchtirth School, New Nikol-Naroda,
Ahmedcabad. - 382330 36