Tally MCQs

Question 1

Accounting principles are divided into two types. These are

Accepted Answer

Both A and B

Answer

Accounting concepts

Answer

Accounting conventions

Answer

Accounting standard

Question 2

The term current assets does not include ________

Accepted Answer

Goodwill

Answer

Debtors

Answer

Bills Receivable

Answer

Stock

Question 3

There are ________ predefined ledgers

Accepted Answer

Two

Answer

One

Answer

Three

Answer

Four

Question 4

Closing stock come under ________

Accepted Answer

Stock in hand

Answer

Current asset

Answer

Fixed asset

Answer

Direct income

Question 5

E-mail can be used to

Accepted Answer

Send mail directly from tally screen

Answer

To send e-mail

Answer

Download information

Answer

Access help

Question 6

In tally screen right extreme displays ________

Accepted Answer

Button bar

Answer

Selected companies

Answer

Current date

Answer

Gate way of tally

Question 7

Capital of the company is included under

Accepted Answer

Capital account

Answer

Fixed liabilities

Answer

Loans and advances

Answer

Current liabilities

Question 8

Carriage inwards can be included in

Accepted Answer

Direct expenses

Answer

Indirect expenses

Answer

Current liability

Answer

Misc Expenses

Question 9

The branch of accounting which analyses and interprets the overall data is ________

Accepted Answer

Management accounting

Answer

Financial accounting

Answer

Cost accounting

Answer

None of these