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
Correct Answer
Wrong Answer
2. _____ denotes reduction in money or increase in liability.
Accounting
Contra
Cash
Inventory
Correct Answer
Wrong Answer
3. Which shortcut key is pressed to go to company Info. Menu from Gateway of Tally?
Alt+F1
Alt+F2
Alt+F3
Alt+F4
Correct Answer
Wrong Answer
4. Which menu is used to create new ledgers, groups and voucher types in Tally?
Masters
Import
Reports
Transactions
Correct Answer
Wrong Answer
5. Which shortcut key is used in ‘Company Features’ screen to use Inventory Features in Tally?
F1
F2
F3
F4
Correct Answer
Wrong Answer
6. A Debit note is a statement sent to the _____ by the _____
Buyer, seller
Seller, buyer
Creditor, seller
Customer, seller
Correct Answer
Wrong Answer
7. _____ is the shortcut for sales order in Tally.
F8
F9
Alt+F4
Alt+F5
Correct Answer
Wrong Answer
8. In taxation, TCS stands for
Tariff Collected at Station
Tax Combined at Source
Tax Collected at Source
Tax Creation at Source
Correct Answer
Wrong Answer
9. _____ is the shortcut to rejection in from inventory Vouchers in Tally.
Alt+F4
Alt+F5
Alt+F7
Alt+F9
Correct Answer
Wrong Answer
10. Can we allow Expenses/Fixed Assets in Purchase vouchers?
Yes
No
Wrong Question
Both
Correct Answer
Wrong Answer
11. ____ is the shortcut to configure a company in Tally.
F2
F3
F4
F5
Correct Answer
Wrong Answer
12. Which option is used in Tally to close opened Company?
Alter
Shut Company
Create Company
Select Company
Correct Answer
Wrong Answer
13. How many voucher types are provided in Tally to record transactions?
2
3
4
5
Correct Answer
Wrong Answer
14. Where do we record all type of adjustment entry in Tally?
F4:Contra
F5:Payment
F6:Receipt
F7:Journal
Correct Answer
Wrong Answer
15. By which option Purchase or Sales register can be viewed?
Accounts Books
Display
Statutory Books
Inventory Books
Correct Answer
Wrong Answer
16. A ledger may get declaration space for its Alias through
F11
F12
Alt+F1
Alt+F2
Correct Answer
Wrong Answer
17. To active MRP feature from Gateway of Tally initially we need to press
F10
F11
F12
Alt + F1
Correct Answer
Wrong Answer
18. TDS deduction entry can be made through
Journal voucher
Payment Voucher
Receipt Voucher
All of these
Correct Answer
Wrong Answer
19. Bank OCC a/c is a group defined under
Loan & Liability
Secured Loan
Unsecured Loan
Bank Account
Correct Answer
Wrong Answer
20. ETCS means
Electronic Tax Collection System
Electric Tax Collected at Source
Electronic Tax Collected at Source
Enable Tax Collected at Source
Correct Answer
Wrong Answer
21. We can see list of Memorandum Vouchers from
Accounts Books
Cash/Bank Books
Exception Reports
Trail Balance
Correct Answer
Wrong Answer
22. Recording of actual stock as physically verified or counted is done through
Sales
Journal
Stock Journal
Physical Stock
Correct Answer
Wrong Answer
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
Correct Answer
Wrong Answer
24. Branch/Division is a group defined under
Assets
Expenditure
Income
Liabilities
Correct Answer
Wrong Answer
25. How many formats are available while exporting?
2
3
4
5
Correct Answer
Wrong Answer
26. In which voucher type entry is done for TDS calculations?
F4:Contra
F5:Payment
F6:Receipt
F7:Journal
Correct Answer
Wrong Answer
27. Trial balance is prepared on _____ basis.
Monthly
Annually
Half yearly
Any of the above
Correct Answer
Wrong Answer
28. Which shortcut key is used for Select Company in Tally?
F1
F3
Alt+F1
Alt+F2
Correct Answer
Wrong Answer
29. _____ is the shortcut to purchase voucher from Accounting Vouchers in Tally.
F8
F9
Alt+F1
Ctrl+F1
Correct Answer
Wrong Answer
30. Which group [Under] should be selected for TDS on Advertisement A/C?
Indirect Expenses
Indirect Incomes
Sundry Creditors
Duties and Taxes
Correct Answer
Wrong Answer
What's Your Reaction?
