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  1. Which of the following user type can view audit list

    2. A.

     Tally Vault
    B.

     Owner
    C.

     Data Entry
    D.

     Administrator

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  2. How can data be imported in tally

    3. A.

     One company to another company created within Tally Package
    B.

     Other programs - a spreadsheet or a database file
    C.

     Depends on number of companies
    D.

     Both A and B

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  3. Which of the following file is usually used as a master file

    4. A.

     Inventory subsidiary
    B.

     Cash disbursements
    C.

     Cash receipts
    D.

     Payroll transactions

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  4. What is the advantage of a computer-based transaction processing system

    5. A.

     Does not require as stringent a set of internal controls
    B.

     Will produce a more accurate set of financial statements
    C.

     Eliminates the need to reconcile control accounts and subsidiary ledgers
    D.

     Will be more efficient at producing financial statements

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  5. Which of the following can be budgeted in tally

    6. A.

     Nett Transactions
    B.

     Closing Balance
    C.

     Both A and B
    D.

     None of the above

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  6. Which of the following shows daily balance for a selected voucher type

    7. A.

     Day book
    B.

     Trial Balance
    C.

     Balance Sheet
    D.

     None of the above

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  7. How many types of users are present in tally

    8. A.

     1
    B.

     2
    C.

     3
    D.

     4

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  8. Which of the following is the predefined stock category in tally

    9. A.

     Primary
    B.

     Symbol
    C.

     Stock
    D.

     Main location

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  9. Which file in tally is used to record the import activity

    10. A.

     Tally.dat
    B.

     Tally.ini
    C.

     Tally.imp
    D.

     None of the above

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  10. Which of the following is compulsory to create while entry in Accounts with Inventory

    11. A.

     Stock Groups
    B.

     Stock Items
    C.

     Units of Measure
    D.

     All of these

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