161.
Which of the following is the predefined stock category in tally?
A
Primary
B
Symbol
C
Stock
D
Main location
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198 practice sets · Page 9 of 10
Which of the following is the predefined stock category in tally?
Primary
Symbol
Stock
Main location
Which shortcut key(s) are used to display list of inventory reports within balance sheet?
F8
F9
F10
F11
How many types of users are present in tally?
1
2
3
4
Which shortcut key(s) are used to enter a stock journal in tally?
F7
Control + F7
Alt + F7
Shift + F7
Which of the following shows daily balance for a selected voucher type?
Daybook
Trial Balance
Balance Sheet
None of the above
What is the advantage of a computer-based transaction processing system?
Does not require as stringent a set of internal controls.
Will produce a more accurate set of financial statements.
Eliminates the need to reconcile control accounts and subsidiary ledgers.
Will be more efficient at producing financial statements.
Which of the following file is usually used as a master file?
Inventory subsidiary
Cash disbursements.
Cash receipts.
Payroll transactions.
How can data be imported in tally ?
One company to another company created within Tally Package
Other programs - a spreadsheet or a database file.
Depends on number of companies
Both A and B
Which of the following user type can view audit list?
Tally Vault
Owner
Data Entry
Administrator
Which of the following is used for voucher entry?
Ledger Account
Groups
Sub-Groups
Depends on number of companies
What is the predefined number of groups in tally?
16
28
128
228
How to activate the tally audit feature in a company?
Press F11 key
During the creation of a company
In -comp info -> security control-option
Press F12 key
Which option lists inventory valuation method in tally?
Stock report
Stock journal
Stock analysis
Stock summary
For stock journal entry we press ______________ in tally
F7
Alt + F7
F10
F11
What gives the balance for each day for the voucher type has been selected.
Trial Balance
Daybook
Balance Sheet
None of the above
In tally you get currency symbol option from _______ menu
Company creation
Stock items units
Regional setting
None of the above
A Group Company is ------------------------- given to the merged accounts of membercompanies of the group.
a name
an identity
A and B
None of the above
To create a sales voucher in tally, you have to press _______
F5
F7
F8
F9
Tally vault is a _________________
Security mechanism
Ledger a/c
Cost category
None of the above
Default godown name in tally is ____________
Primary
Main location
A or b
None of the above