Computerized Accounting Software Set 3

Bachelor of Commerce (B Com)

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