On This Page
This set of Computerized Accounting Software Multiple Choice Questions & Answers (MCQs) focuses on Computerized Accounting Software Set 2
Q1 | M/s Stationery Mart will debit the purchase of stationery to _______
- Purchases A/c
- General Expenses A/c
- Stationery A/c
- None
Q2 | Small items like, pencils, pens, files, etc. are written off within a year according to _concept.
- Materiality
- consistency
- Conservatism
- Realization
Q3 | Business enterprise is separate from its owner according to _________ concept.
- Money measurement concept
- Matching concept
- Entity concept
- Dual aspect
Q4 | The policy of anticipate no profit and provide for all possible losses arise due tothe concept of _____
- Consistency
- Disclosure
- Conservatism
- Matching
Q5 | The debts, which are to be repaid within a short period (year or less) are known as
- Current liabilities
- Fixed liabilities
- Contingent liabilities
- All of the above
Q6 | The Convention of Conservatism takes into account
- All prospective profits and prospective losses.
- All prospective profits and leaves out prospective losses.
- All prospective losses but leaves out prospective profit.
- None of these.
Q7 | Any written evidence in support of a business transaction is called:
- Journal
- Ledger
- Ledger posting
- Voucher
Q8 | According to the money measurement concept, the following will be recorded in the booksof account of the business:
- Health of Managing Director of the company
- Quality of company’s goods
- Value of Plant & Machinery
- Strike by employees
Q9 | Double Entry System was introduced in–
- America
- Japan
- India
- Italy
Q10 | Tally package is developed by
- Peutronics
- Tally Solutions
- Coral Softwares
- Vedika Softwares
Q11 | How many type of companies can be created in Tally?
- 2
- 3
- 4
- 5
Q12 | Which menu appears after starting Tally for the first time?
- Gateway of Tally
- Company Info
- Display
- None of these
Q13 | Which shortcut key is pressed to go to company Info. Menu from Gateway of Tally?
- Alt+F4
- Alt+F2
- Alt+F1
- Alt+F3
Q14 | Which key is pressed to go to Gateway of Tally from company Info. Menu?
- Ctrl
- Alt
- Esc
- Enter
Q15 | Which option is used in Tally to make changes in created company?
- Select Company
- Shut Company
- Alter
- None of these
Q16 | Which option from Company Info. menu is selected to create a new Company in Tally?
- Company Create
- Create Company
- Create
- New Company
Q17 | Which option is selected from Company Info Menu to divide company data into two financial years?
- Change Tally Vault
- Alter
- Split Company Data
- New Company
Q18 | Which option is used to copy company’s data into pen drive or CD?
- Backup
- Restore
- Split Company Data
- Copy Data
Q19 | Which option is used to place data taken in pen drive or CD to Appropriate place in Tally?
- Backup
- Restore
- Split Company Data
- None of these
Q20 | Which option is used to open company created in Tally?
- Create Company
- Alter
- Select Company
- Shut Company
Q21 | Which option is used in Tally to close opened Company?
- Alter
- Shut Company
- Create Company
- Select Company
Q22 | Which shortcut key is used to take print of any report in Tally?
- Ctrl+P
- Shift+P
- Alt+P
- Alt+Ctrl+P
Q23 | Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company?
- Alt+P
- Alt+E
- Alt+O
- Alt+S
Q24 | Which shortcut key is used for Select Company in Tally?
- F1
- Alt+F1
- F3
- Alt+F3
Q25 | Which shortcut key is used to shut opened company in Tally?
- F1
- Alt+F1
- F3
- Alt+F3