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Computer Fundamentals :: Tally

  1. Default ledger accounts in tally are ________

  2. A.

     Balance sheet, profit & loss and trial balance

    B.

     Profit & loss and trial balance

    C.

     Cash and profit & loss accounts

    D.

     Cash and bank accounts


  3. Default 'godown' name in tally is ________

  4. A.

     Primary

    B.

     Main location

    C.

     A or b

    D.

     None of the above


  5. 'Tally vault' is a ________

  6. A.

     Security mechanism

    B.

     Ledger a/c

    C.

     Cost category

    D.

     None of the above


  7. A Group Company is ________ given to the merged accounts of member companies of the group

  8. A.

     a name

    B.

     an identity

    C.

     A and B

    D.

     None of the above


  9. In tally you get currency symbol option from ________ menu

  10. A.

     Company creation

    B.

     Stock items units

    C.

     Regional setting

    D.

     None of the above


  11. ________ gives the balance for each day for the voucher type has been selected

  12. A.

     Trial Balance

    B.

     Day book

    C.

     Balance Sheet

    D.

     None of the above


  13. Which option lists inventory valuation method in tally

  14. A.

     Stock report

    B.

     Stock journal

    C.

     Stock analysis

    D.

     Stock summary


  15. How to activate the tally audit feature in a company

  16. A.

     Press F11 key

    B.

     During the creation of a company

    C.

     In comp info > security control-option

    D.

     Press F12 key


  17. What is the predefined number of groups in tally

  18. A.

     16

    B.

     28

    C.

     128

    D.

     228


  19. Which of the following is used for voucher entry

  20. A.

     Ledger Account

    B.

     Groups

    C.

     Sub-Groups

    D.

     Depends on number of companies