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This set of Tally Multiple Choice Questions & Answers (MCQs) focuses on Tally Set 1

Q1 | Tally package is developed by
Q2 | Which menu appears after starting Tally for the first time
Q3 | Which option is used in Tally to make changes in created company
Q4 | Which option from Company Info. menu is selected to create a new Company in Tally
Q5 | Which option is selected from Company Info Menu to divide company data into twofinancial years
Q6 | Which option is used to copy company?s data into pen drive or CD
Q7 | Which option is used to place data taken in pen drive or CD to Appropriate place in Tally
Q8 | Which option is used to open company created in Tally
Q9 | Which option is used in Tally to close opened Company
Q10 | Which option is used to move from one company to another when more than onecompanies are open
Q11 | Which menu is used to create new ledgers, groups and voucher types in Tally
Q12 | Which submenu is used to create new ledgers, groups and voucher types in Tally
Q13 | Which submenu is used for voucher entry in Tally
Q14 | Salary Account comes under which head
Q15 | How many groups are pre-defined in Tally
Q16 | How many primary groups are there in Tally
Q17 | How many secondary groups are there in Tally
Q18 | Which option is used to view list of Primary and Secondary groups in Tally
Q19 | Which ledger is created by Tally automatically as soon as we create a new company
Q20 | Which option is used to make changes in created Groups of Ledgers in Tally
Q21 | How many voucher types area readily available in Tally
Q22 | Which voucher type is used to transfer amount from one bank to another
Q23 | Rs.20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded
Q24 | Where do we record transactions of salary, rent or interest paid
Q25 | Where do we record interest received, commission received or rent received in Tally