CommerceTally MCQs
Practice Tally MCQs for competitive exams.
Tally MCQs
Practice questions from this topic.
Manufacturing Journal creates based on
- A. Journal
- B. Receipt Note
- C. Stock Journal
- D. Purchase Quotation
Correct Answer: C
Suspense Account Group is defined under
- A. Income
- B. Expenditure
- C. Liabilities
- D. Assets
Correct Answer: C
How many inbuilt Accounts group are in tally by default
- A. 29
- B. 31
- C. 25
- D. 34
Correct Answer: D
We can show Bill wise details of Debtors and Creditors by activating
- A. Maintain Bill by bill
- B. Maintain Bill wise Details
- C. Maintain References
- D. None of these
Correct Answer: B
What is the utility of Tally Vault Password
- A. It will lock the period of Company
- B. It will lock all voucher entries for that Company
- C. It will not show the Company Name in the Company Select List
- D. None of these
Correct Answer: C
Party account can be created through
- A. Group creation window
- B. Ledger creation window
- C. Inventory creation window
- D. Any one of them
Correct Answer: B
We can modify an existing Company from
- A. Company Info > Alter
- B. Company Info > Alter Company
- C. Gateway of Tally > Modify Company
- D. None of these
Correct Answer: A
Company Restore option is available in
- A. Company Features
- B. Company Information
- C. Configuration
- D. None of these
Correct Answer: B
We can change the Company Information from
- A. A Company Info > Back up
- B. Company Info > Alter
- C. Company Info > Split Company Data
- D. None of these
Correct Answer: B
Which option is used to view Stock Items or Group Summary
- A. Accounts Books
- B. Inventory Books
- C. Statutory Books
- D. Display
Correct Answer: B
By which option Purchase or Sales register can be viewed
- A. Statutory Books
- B. Inventory Books
- C. Accounts Books
- D. Display
Correct Answer: C
Which reports are prepared monthly in Tally?
- A. Profit & Loss A/C
- B. Balance Sheet
- C. Trial Balance
- D. Cash Flow of Funds Flow
Correct Answer: C