Tally MCQs

Question 1

Default 'godown' name in tally is ________

Accepted Answer

Main location

Answer

Primary

Answer

A or b

Answer

None of the above

Question 2

'Tally vault' is a ________

Accepted Answer

Security mechanism

Answer

Ledger a/c

Answer

Cost category

Answer

None of the above

Question 3

A Group Company is ________ given to the merged accounts of member companies of the group

Accepted Answer

A and B

Answer

a name

Answer

an identity

Answer

None of the above

Question 4

In tally you get currency symbol option from ________ menu

Accepted Answer

Company creation

Answer

Stock items units

Answer

Regional setting

Answer

None of the above

Question 5

________ gives the balance for each day for the voucher type has been selected

Accepted Answer

Day book

Answer

Trial Balance

Answer

Balance Sheet

Answer

None of the above

Question 6

Which option lists inventory valuation method in tally

Accepted Answer

Stock summary

Answer

Stock report

Answer

Stock journal

Answer

Stock analysis

Question 7

How to activate the tally audit feature in a company

Accepted Answer

During the creation of a company

Answer

Press F11 key

Answer

In comp info > security control-option

Answer

Press F12 key

Question 8

What is the predefined number of groups in tally

Accepted Answer

28

Answer

16

Answer

128

Answer

228

Question 9

Which of the following is used for voucher entry

Accepted Answer

Ledger Account

Answer

Groups

Answer

Sub-Groups

Answer

Depends on number of companies