1. From which menu you will see budget variance statement?
a) Setup
b) View
c) Activities
d) Reports
Answer: D

2. Transfer the cash from one bank to another bank, which voucher should be use?
a) Contra voucher
b) One Db/Cr
c) Bank Transfer
d) Many Db/Cr
Answer: C

3. _______ is used to display Trading Account of your company.
a) Prepare Trading Account
b) Integrate Accounts & Inventory
c) Profit & Loss Layout
d) Balance Sheet Layout
Answer: A

4. The full form of ROP is________.
a) Sales Return
b) Return of Purchase
c) Return of Payment
d) None of these
Answer: B

5. Which company developed this software?
a) Busy Infotech
b) Eastern Data Product Pvt. Ltd.
c) Tata Consultancy Services
d) Excell Infocom Pvt. Ltd.
Answer: C

6. From under which group you have to create sundry debtors subgroup?
a) Assets
b) Current assets
c) Liablilities
d) Fixed assets
Answer: B

7. How to activate inclusion of zero balance ledger in opening trial balance?
a) Master > Chart of Accounts > GL
b) Setup > Chart of Accounts
c) Company > Options > General
d) None of these
Answer: C

8. Opening Net Profit balance should be enter in________.
a) Profit & Loss - Current Year
b) Profit & Loss - Previous Year
c) Profit & Loss A/c
d) Opening Balance PL A/c
Answer: B

9. Cash withdrawan from Bank'- the document type we use to pass this entry is________.
a) Cash Deposit
b) Bank Deposit
c) Cash Transfer
d) Cash Withdrawal
Answer: D

10. List Of Optional Vouchers Will Display From________.
a) Account Books
b) Exception Reports
c) Statement of Accounts
d) Statement of Inventory
Answer: B

11. Maintain Payroll Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: A

12. Create Company option Is Under________.
a) DISPLAY
b) COMPANY INFO.
c) NONE OF THESE
d) GATEWAY OF TALLY
Answer: B

13. Enabled Cheque Printing Is Exist Under ________. Feature.
a) Inventory feature
b) Accounting feature
c) Statutoty & Taxation
d) Tally.Net feature
Answer: B

14. If You Want To Change The View Of Voucher Type, Using By________.
a) Name of Class
b) Voucher type Alter
c) From Day Book
d) From Ledger list
Answer: A

15. Payroll Autofill Button Is________.
a) Alt + A
b) CTRL + B
c) SHIFT + B
d) NONE
Answer: A

16. From Gateway Of Tally If We Can Press Alt + F1 Means________.
a) Shut Company
b) Edit Company
c) Delete Company
d) Change Period
Answer: A

17. Enable Value Added Tax Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: C

18. Maintain Billwise Details Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: A

19. Enable Tax Deducted At Source Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: C

20. Follow Excise Rules For Invoicing Is Under________.
a) F11
b) F10
c) F3
d) NONE
Answer: C