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This set of Tally Multiple Choice Questions & Answers (MCQs) focuses on Tally Set 1
Q1 | Tally package is developed by
- Peutronics
- Tally Solutions
- Coral Softwares
- Vedika Softwares
Q2 | Which menu appears after starting Tally for the first time
- Gateway of Tally
- Company Info
- Display
- None of these
Q3 | Which option is used in Tally to make changes in created company
- Select Company
- Shut Company
- Alter
- None of these
Q4 | Which option from Company Info. menu is selected to create a new Company in Tally
- Company Create
- Create Company
- Create
- New Company
Q5 | Which option is selected from Company Info Menu to divide company data into twofinancial years
- Change Tally Vault
- Alter
- Split Company Data
- New Company
Q6 | Which option is used to copy company?s data into pen drive or CD
- Backup
- Restore
- Split Company Data
- Copy Data
Q7 | 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
Q8 | Which option is used to open company created in Tally
- Create Company
- Alter
- Select Company
- Shut Company
Q9 | Which option is used in Tally to close opened Company
- Alter
- Shut Company
- Create Company
- Select Company
Q10 | Which option is used to move from one company to another when more than onecompanies are open
- Company Info
- Shut Company
- Select Company
- Company
Q11 | Which menu is used to create new ledgers, groups and voucher types in Tally
- Reports
- Import
- Transactions
- Masters
Q12 | Which submenu is used to create new ledgers, groups and voucher types in Tally
- Account Info
- Inventory Info
- Accounting Vouchers
- Inventory Vouchers
Q13 | Which submenu is used for voucher entry in Tally
- Vouchers
- Account Vouchers
- Accounts Info
- None of these
Q14 | Salary Account comes under which head
- Indirect Incomes
- Indirect Expenses
- Direct Incomes
- Direct Expenses
Q15 | How many groups are pre-defined in Tally
- 28
- 30
- 15
- 19
Q16 | How many primary groups are there in Tally
- 19
- 28
- 15
- 20
Q17 | How many secondary groups are there in Tally
- 15
- 13
- 28
- 3
Q18 | Which option is used to view list of Primary and Secondary groups in Tally
- List of Accounts
- Accounts
- List
- None of these
Q19 | 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
Q20 | Which option is used to make changes in created Groups of Ledgers in Tally
- Create
- Display
- Alter
- Change
Q21 | How many voucher types area readily available in Tally
- 18
- 16
- 20
- 28
Q22 | Which voucher type is used to transfer amount from one bank to another
- Contra
- Payment
- Receipt
- Post-Dated
Q23 | Rs.20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded
- Payment
- Receipt
- Contra
- Post-Dated
Q24 | Where do we record transactions of salary, rent or interest paid
- Contra
- Journal
- Receipt
- Payment
Q25 | Where do we record interest received, commission received or rent received in Tally
- Contra
- Payment
- Receipt
- Journal