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Tally ERP 9 - Multiple Choice Questions and Answers | Page-2

(11) VAT stands for
[A] Valuable Added Tax
[B] Value Added Tally
[C] Valuable At Tax
[D] Value Added Tax

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

Comment

Answer: Option [C]
(13) Rates & Taxes comes under ____________ Groups.
[A] Income
[B] Duties & Taxes
[C] Expenditure
[D] None of the above

Comment

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

Comment

Answer: Option [A]
(15) _________Vouchers is a pure inventory voucher
[A] Payment
[B] Delivery Note
[C] Cash Paid Creditor
[D] Expenses

Comment

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

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

Comment

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

Comment

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

Comment

Answer: Option [C]
(20) Closing stock appears in _____________
[A] Journal Voucher
[B] Trial Balance
[C] Profit & loss A/C
[D] Balance Sheet

Comment

Answer: Option [D]

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