Tally ERP 9 - Multiple Choice Questions and Answers | Page-2

Questions
11 VAT stands for
A Valuable Added Tax
B Value Added Tally
C Valuable At Tax
D Value Added Tax

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

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

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

Answer: Option [A]
15 _________Vouchers is a pure inventory voucher
A Payment
B Delivery Note
C Cash Paid Creditor
D Expenses

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

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

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

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

Answer: Option [C]
20 Closing stock appears in _____________
A Journal Voucher
B Trial Balance
C Profit & loss A/C
D Balance Sheet

Answer: Option [D]

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