Tally MCQs with answers Page - 5

Here, you will find a collection of MCQ questions on Tally. Go through these questions to enhance your preparation for upcoming examinations and interviews.

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A

Admin • 802.91K Points
Coach

Q. Which report in Tally shows outstanding receivables and payables?

  • (A) Trial Balance
  • (B) Balance Sheet
  • (C) Outstanding Report
  • (D) Cash Flow Report

A

Admin • 802.91K Points
Coach

Q. Which shortcut key is used to accept a form in Tally?

  • (A) Ctrl + A
  • (B) Alt + A
  • (C) Shift + A
  • (D) Alt + Enter

A

Admin • 802.91K Points
Coach

Q. To record depreciation on machinery, which voucher should be used?

  • (A) Payment
  • (B) Receipt
  • (C) Contra
  • (D) Journal

A

Admin • 802.91K Points
Coach

Q. Which feature in Tally tracks item-wise movement in inventory?

  • (A) Reorder Level
  • (B) Stock Journal
  • (C) Movement Analysis
  • (D) Item Summary

A

Admin • 802.91K Points
Coach

Q. Which of the following is not a statutory feature in Tally?

  • (A) GST
  • (B) TDS
  • (C) Payroll
  • (D) VAT

A

Admin • 802.91K Points
Coach

Q. Which voucher type is used for transferring goods from one location to another?

  • (A) Stock Journal
  • (B) Journal
  • (C) Contra
  • (D) Purchase

A

Admin • 802.91K Points
Coach

Q. How do you activate inventory features in Tally?

  • (A) F11 > Accounting Features
  • (B) F12 > Configuration
  • (C) F11 > Inventory Features
  • (D) F1 > Select Company

A

Admin • 802.91K Points
Coach

Q. Which of the following is NOT a method of stock valuation in Tally?

  • (A) FIFO
  • (B) LIFO
  • (C) Weighted Average
  • (D) Market Value

A

Admin • 802.91K Points
Coach

Q. Tally allows creation of cost centers under which menu?

  • (A) Accounting Info
  • (B) Inventory Info
  • (C) Display
  • (D) Gateway of Tally

A

Admin • 802.91K Points
Coach

Q. Which type of account is 'Bank' considered in Tally?

  • (A) Current Asset
  • (B) Cash-in-Hand
  • (C) Bank Account
  • (D) Sundry Debtor

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