Tally ERP9 - Multiple Choice Questions (MCQs) and Answers

Questions

11 VAT stands for

A Valuable Added Tax

B Value Added Tally

C Valuable At Tax

D Value Added Tax

View Answer Comment

Answer: Option [D]

12 Tally provides option to post stock value from Inventory directly to balance sheet

A Multiple Accounting

B Non Integrated Accounts

C Integrated Accounts & Inventory

D All of the above

View Answer Comment

Answer: Option [C]

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13 Rates & Taxes comes under ____________ Groups.

A Income

B Duties & Taxes

C Expenditure

D None of the above

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Answer: Option [B]

14 The option given in Tally to make changes in created company is:

A Alter

B Select Company

C Shut Company

D Modify Company

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Answer: Option [A]

15 _________Vouchers is a pure inventory voucher

A Payment

B Delivery Note

C Cash Paid Creditor

D Expenses

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Answer: Option [B]

16 Balance sheet display _________

A Bank and cash Balances

B Balances of all individual account

C Entire summary of the all Transaction

D Exact financial position of the business on specific date

View Answer Comment

Answer: Option [D]

17 Which key is pressed to go to Gateway of Tally from company Info. Menu?

A Esc

B Alt

C Enter

D Ctrl+Enter

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Answer: Option [A]

18 Which of the following companies developed Tally package?

A Coral Softwares

B Microsoft

C Tally Solutions

D None of the above

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Answer: Option [C]

19 Contra Voucher is used for __________

A Reports

B Master Entry

C Cash Account to Bank Account or Bank Account to Cash Account

D None of the Options

View Answer Comment

Answer: Option [C]

20 Closing stock appears in _____________

A Journal Voucher

B Trial Balance

C Profit & loss A/C

D Balance Sheet

View Answer Comment

Answer: Option [D]

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