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Computer Fundamentals :: Tally

  1. Company features in tally includes

  2. A.

     Accounting features

    B.

     Inventory features

    C.

     Statutory features

    D.

     All of the above


  3. Integrated accounts with inventory is available in

  4. A.

     F12 configuration

    B.

     F11 features

    C.

     Inventory info

    D.

     Accounts info


  5. Collection of ledgers of same nature is called

  6. A.

     Vouchers

    B.

     Asset

    C.

     Group

    D.

     None of these


  7. The options 'use common narration' and 'narration each entry' appear

  8. A.

     Account creation screen

    B.

     Voucher entry screen

    C.

     F11 Accounting features

    D.

     Voucher type creation screen


  9. Predefined groups are also called as

  10. A.

     Main group

    B.

     Primary group

    C.

     Statutory group

    D.

     Parent group


  11. Which of the following is not a disadvantage of introducing computerized accounting system

  12. A.

     Possible demotivation through reundance

    B.

     High expenditure on set up

    C.

     Saving made on labour cost

    D.

     Required staff training


  13. Transfer from main cash to petty cash you require to pass ________

  14. A.

     Voucher

    B.

     Payment

    C.

     Contra

    D.

     Receipt


  15. Income tax number of the company will appear in which report

  16. A.

     Cash/bank book

    B.

     Profit and loss a/c

    C.

     Reminder letter

    D.

     None of these


  17. Patent account falls under

  18. A.

     Investments

    B.

     Liabilities

    C.

     Current assets

    D.

     None of these


  19. Drawings account is to be created by linking with

  20. A.

     Capital

    B.

     Current asset

    C.

     Current liability

    D.

     Drawings