Computerized Accounting Software Set 4

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This set of Computerized Accounting Software Multiple Choice Questions & Answers (MCQs) focuses on Computerized Accounting Software Set 4

Q1 | Which option is used to make changes in created Groups of Ledgers in Tally?
  • Create
  • Display
  • Alter
  • Change
Q2 | How many voucher types area readily available in Tally?
  • 18
  • 16
  • 20
  • 28
Q3 | How many voucher types are provided in Tally to record transactions?
  • 2
  • 3
  • 4
  • 5
Q4 | Which key is pressed to post entries in double entry accounting system instead of singleentry system in Tally.ERP9?
  • F11
  • F12
  • Alt+F11
  • Alt+F12
Q5 | Which voucher type is used to transfer amount from one bank to another?
  • Contra
  • Payment
  • Receipt
  • Post-Dated
Q6 | Rs.10, 000 withdrawn from State Bank. In which voucher type this transaction will berecorded?
  • Payment
  • Receipt
  • Contra
  • Post-Dated
Q7 | Where do we record transactions of salary, rent or interest paid?
  • Contra
  • Journal
  • Receipt
  • Payment
Q8 | Where do we record interest received, commission received or rent received in Tally?
  • Contra
  • Payment
  • Receipt
  • Journal
Q9 | Where do we record cash sales in Tally?
  • Contra
  • Receipt
  • Payment
  • Journal
Q10 | Where do we record credit purchase of furniture in Tally?
  • Purchase
  • Payment
  • Receipt
  • Journal
Q11 | Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally?
  • Journal
  • Payment
  • Contra
  • Receipt
Q12 | Where do we record all type of adjustment entry in Tally?
  • F5: Payment
  • F6: Receipt
  • F7: Journal
  • F4: Contra
Q13 | Which shortcut key is pressed and then ‘yes’ is given in “Use Debit/Credit Noted” to postentry in Credit Note and Debit Note in Tally?
  • Alt+F11
  • F11
  • F12
  • Alt+F12
Q14 | In which voucher type credit purchase entry is posted in Tally?
  • F5: Payment
  • F7: Journal
  • F9: Purchase
  • F6: Receipt
Q15 | In which voucher type credit sales is recorded in Tally?
  • F5: Payment
  • F6: Receipt
  • F7: Journal
  • F8: Sales
Q16 | Which shortcut key is used in ‘Company Feature’s screen to use Accounting Features inTally?
  • F1
  • F2
  • F3
  • F4
Q17 | Which shortcut key is used in ‘Company Features’ screen to use Inventory Features inTally?
  • F1
  • F2
  • F3
  • F4
Q18 | Which shortcut key is used in ‘Company Features’ Screen to use Statutory & Taxation inTally?
  • F3
  • F4
  • F2
  • F1
Q19 | Which file in tally is used to record the import activity ?
  • Tally.dat
  • Tally.ini
  • Tally.imp
  • None of the above
Q20 | Which of the following is the predefined stock category in tally?
  • Primary
  • Symbol
  • Stock
  • Main location
Q21 | Which shortcut key(s) are used to display list of inventory reports within balance sheet?
  • F8
  • F9
  • F10
  • F11
Q22 | . Which of the following can be budgeted in tally?
  • Net Transactions
  • Closing Balance
  • Closing Balance
  • A and B
Q23 | How many types of users are present in tally?
  • 1
  • 2
  • 3
  • 4
Q24 | Which shortcut key(s) are used to enter a stock journal in tally?
  • F7
  • Control + F7
  • Alt + F7
  • Shift + F7
Q25 | Which of the following shows daily balance for a selected voucher type?
  • Daybook
  • Trial Balance
  • Balance Sheet
  • None of the above