Tally ERP9 - Multiple Choice Questions (MCQs) and Answers

(11) VAT stands for

[A] Valuable Added Tax

[B] Value Added Tally

[C] Valuable At Tax

[D] Value Added Tax

Comment

Answer: Option [D]

(12) Tally provides option to post stock value from Inventory directly to balance sheet

[A] Multiple Accounting

[B] Non Integrated Accounts

[C] Integrated Accounts & Inventory

[D] All of the above

Comment

Answer: Option [C]

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(13) Rates & Taxes comes under ____________ Groups.

[A] Income

[B] Duties & Taxes

[C] Expenditure

[D] None of the above

Comment

Answer: Option [B]

(14) The option given in Tally to make changes in created company is:

[A] Alter

[B] Select Company

[C] Shut Company

[D] Modify Company

Comment

Answer: Option [A]

(15) _________Vouchers is a pure inventory voucher

[A] Payment

[B] Delivery Note

[C] Cash Paid Creditor

[D] Expenses

Comment

Answer: Option [B]

(16) Balance sheet display _________

[A] Bank and cash Balances

[B] Balances of all individual account

[C] Entire summary of the all Transaction

[D] Exact financial position of the business on specific date

Comment

Answer: Option [D]

(17) Which key is pressed to go to Gateway of Tally from company Info. Menu?

[A] Esc

[B] Alt

[C] Enter

[D] Ctrl+Enter

Comment

Answer: Option [A]

(18) Which of the following companies developed Tally package?

[A] Coral Softwares

[B] Microsoft

[C] Tally Solutions

[D] None of the above

Comment

Answer: Option [C]

(19) Contra Voucher is used for __________

[A] Reports

[B] Master Entry

[C] Cash Account to Bank Account or Bank Account to Cash Account

[D] None of the Options

Comment

Answer: Option [C]

(20) Closing stock appears in _____________

[A] Journal Voucher

[B] Trial Balance

[C] Profit & loss A/C

[D] Balance Sheet

Comment

Answer: Option [D]

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TALLY ERP 9 EBOOK – MULTIPLE CHOICE QUESTIONS WITH ANSWERS

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