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Commerce

Tally MCQs

Practice Tally MCQs for competitive exams.

Tally MCQs

Practice questions from this topic.

In tally you get currency symbol option from ________ menu

  1. A. Company creation
  2. B. Stock items units
  3. C. Regional setting
  4. D. None of the above
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A Group Company is ________ given to the merged accounts of member companies of the group

  1. A. a name
  2. B. an identity
  3. C. A and B
  4. D. None of the above
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'Tally vault' is a ________

  1. A. Security mechanism
  2. B. Ledger a/c
  3. C. Cost category
  4. D. None of the above
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Default 'godown' name in tally is ________

  1. A. Primary
  2. B. Main location
  3. C. A or b
  4. D. None of the above
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Default ledger accounts in tally are ________

  1. A. Balance sheet, profit & loss and trial balance
  2. B. Profit & loss and trial balance
  3. C. Cash and profit & loss accounts
  4. D. Cash and bank accounts
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The Profit & Loss statement can be displayed in ________ format(s).

  1. A. Horizontal
  2. B. Vertical
  3. C. A or B
  4. D. None of the above
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Find out which is not a Default Ledger in Tally

  1. A. Cash in Hand
  2. B. Capital Account
  3. C. Profit & Loss
  4. D. None of these
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Budget represents ________

  1. A. Estimation
  2. B. Forecasting
  3. C. Assumption
  4. D. All of these
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Recording of actual stock as physically verified or counted is done through

  1. A. Journal
  2. B. Stock Journal
  3. C. Physical Stock
  4. D. Sales
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Transfer of materials from one godown to another godown, use

  1. A. Manufacturing Journal
  2. B. Stock Journal
  3. C. Purchase Journal
  4. D. Both A & B
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If we purchase any fixed asset in credit, we can pass it from

  1. A. Payment mode
  2. B. Receipt mode
  3. C. Purchase mode
  4. D. Contra mode
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"Alias" represents

  1. A. Short name
  2. B. Nick name
  3. C. Code name
  4. D. All of these
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