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This set of Computerized Accounting Software Multiple Choice Questions & Answers (MCQs) focuses on Computerized Accounting Software Set 3
Q1 | Which shortcut key is used to change current period in Tally?
- F2
- Alt+F2
- F3
- Alt+F3
Q2 | Which option is used to move from one company to another when more than one companies are open?
- Company Info.
- Shut Company
- Select Company
- Company
Q3 | Which Shortcut key is pressed to create a new company in Tally?
- F3
- Alt+F3
- F2
- Alt+F2
Q4 | Which Shortcut key is pressed to view features in Tally?
- F10
- F11
- Alt+11
- F12
Q5 | Which shortcut key is used to view configure in Tally?
- F10
- F11
- F12
- Alt+F9
Q6 | Which menu is used to create new ledgers, groups and voucher types in Tally?
- Reports
- Import
- Transactions
- Masters
Q7 | Which submenu is used to create new ledgers, groups and voucher types in Tally?
- Account Info.
- Inventory Info.
- Accounting Vouchers
- Inventory Vouchers
Q8 | With how many types ledger, group and voucher types can be created in Tally?
- 2
- 3
- 4
- 5
Q9 | Which submenu is used for voucher entry in Tally?
- Vouchers
- Account Vouchers
- Accounts Info.
- None of these
Q10 | In order to delete a voucher, press
- Alt + D
- Alt + F4
- Alt + F3
- None of the above
Q11 | Debit Note is used for
- Sales Return
- Purchase Return
- Purchase Return only
- None of the above
Q12 | A ‘Debit note’ is a statement sent to the ------------- by the ----------------
- Seller, buyer
- Buyer, seller
- Customer, seller
- Creditor, seller
Q13 | A ‘credit note’ is sent by------------- to ----------------
- Seller, buyer
- Buyer, seller
- Customer, seller
- Creditor, seller
Q14 | The rate of trade discount varies with the ----------- purchased
- Total asset
- Current asset
- Quantity
- None of these
Q15 | ‘Inventory books’ is used to view
- Stock Items
- Group Summary
- Both A and B above
- None of these
Q16 | A trial balance is a---------
- Ledger
- Journal
- Account
- List
Q17 | A............. serves the purpose of both journal and ledger accounts
- Journal proper
- Purchase day book
- Cash book
- Any of the above
Q18 | Trial balance is prepared on............ basis
- Monthly
- Annually
- Half yearly
- Any of the above.
Q19 | Which option is used to exit Tally?
- Exit
- Close
- Quit
- Shut Company
Q20 | Salary Account comes under which head?
- Indirect Incomes
- Indirect Expenses
- Direct Incomes
- Direct Expenses
Q21 | How many groups are pre-defined in Tally?
- 28
- 30
- 15
- 19
Q22 | How many primary groups are there in Tally?
- 19
- 28
- 15
- 20
Q23 | How many secondary groups are there in Tally?
- 15
- 13
- 28
- 3
Q24 | Which option is used to view list of Primary and Secondary groups in Tally?
- List of Accounts
- Accounts
- List
- None of these
Q25 | Which ledger is created by Tally automatically as soon as we create a new company?
- Cash
- Profit & Loss A/c.
- Capital A/c.
- A and B both