Tally Erp9 Basic MCQs (Long Quiz)

This is the quiz about basics of Tally Erp9. Students and new learner's can test their knowledge.

1. _____ is the shortcut to reversing journal from Accounting Vouchers in Tally.

F10
Ctrl+F10
Alt+I
Alt+V

2. _____ denotes reduction in money or increase in liability.

Accounting
Contra
Cash
Inventory

3. Which shortcut key is pressed to go to company Info. Menu from Gateway of Tally?

Alt+F1
Alt+F2
Alt+F3
Alt+F4

4. Which menu is used to create new ledgers, groups and voucher types in Tally?

Masters
Import
Reports
Transactions

5. Which shortcut key is used in ‘Company Features’ screen to use Inventory Features in Tally?

F1
F2
F3
F4

6. A Debit note is a statement sent to the _____ by the _____

Buyer, seller
Seller, buyer
Creditor, seller
Customer, seller

7. _____ is the shortcut for sales order in Tally.

F8
F9
Alt+F4
Alt+F5

8. In taxation, TCS stands for

Tariff Collected at Station
Tax Combined at Source
Tax Collected at Source
Tax Creation at Source

9. _____ is the shortcut to rejection in from inventory Vouchers in Tally.

Alt+F4
Alt+F5
Alt+F7
Alt+F9

10. Can we allow Expenses/Fixed Assets in Purchase vouchers?

Yes
No
Wrong Question
Both

11. ____ is the shortcut to configure a company in Tally.

F2
F3
F4
F5

12. Which option is used in Tally to close opened Company?

Alter
Shut Company
Create Company
Select Company

13. How many voucher types are provided in Tally to record transactions?

2
3
4
5

14. Where do we record all type of adjustment entry in Tally?

F4:Contra
F5:Payment
F6:Receipt
F7:Journal

15. By which option Purchase or Sales register can be viewed?

Accounts Books
Display
Statutory Books
Inventory Books

16. A ledger may get declaration space for its Alias through

F11
F12
Alt+F1
Alt+F2

17. To active MRP feature from Gateway of Tally initially we need to press

F10
F11
F12
Alt + F1

18. TDS deduction entry can be made through

Journal voucher
Payment Voucher
Receipt Voucher
All of these

19. Bank OCC a/c is a group defined under

Loan & Liability
Secured Loan
Unsecured Loan
Bank Account

20. ETCS means

Electronic Tax Collection System
Electric Tax Collected at Source
Electronic Tax Collected at Source
Enable Tax Collected at Source

21. We can see list of Memorandum Vouchers from

Accounts Books
Cash/Bank Books
Exception Reports
Trail Balance

22. Recording of actual stock as physically verified or counted is done through

Sales
Journal
Stock Journal
Physical Stock

23. MRP formula for inclusive of vat is

{vat%*(MRP * QTY)}/100
(50*rate of vat)/(100+rate of vat)
(100*rate of vat)/(100+rate of vat)
Both

24. Branch/Division is a group defined under

Assets
Expenditure
Income
Liabilities

25. How many formats are available while exporting?

2
3
4
5

26. In which voucher type entry is done for TDS calculations?

F4:Contra
F5:Payment
F6:Receipt
F7:Journal

27. Trial balance is prepared on _____ basis.

Monthly
Annually
Half yearly
Any of the above

28. Which shortcut key is used for Select Company in Tally?

F1
F3
Alt+F1
Alt+F2

29. _____ is the shortcut to purchase voucher from Accounting Vouchers in Tally.

F8
F9
Alt+F1
Ctrl+F1

30. Which group [Under] should be selected for TDS on Advertisement A/C?

Indirect Expenses
Indirect Incomes
Sundry Creditors
Duties and Taxes