Tally MCQs

Question 1

We can see Working Capital figure changing

Accepted Answer

Balance Sheet configuration

Answer

Voucher configuration

Answer

Profit & Loss configuration

Answer

Ledger configuration

Question 2

We can create multiple users in Tally activating

Accepted Answer

Use Security Control

Answer

Tally Audit

Answer

Both (a) and (b)

Answer

None of these

Question 3

'Allow components list details (Bill of Materials)' option is activated for

Accepted Answer

Stock Items

Answer

Ledgers

Answer

Cost Category

Answer

Budgets

Question 4

Retained Earnings is an alias of

Accepted Answer

Reserve and Surplus

Answer

Indirect Income

Answer

Capital Account

Answer

Investments

Question 5

We can use Stock Journal for

Accepted Answer

Both (a) and (b)

Answer

Production and Consumption

Answer

Inter Godown transfer for stock

Answer

None of these

Question 6

Discount Column is available in

Accepted Answer

Both (a) and (b)

Answer

Sales Invoice

Answer

Purchase Invoice

Answer

None of these

Question 7

We can get the report of Interest from

Accepted Answer

Statements of Accounts

Answer

Account Books

Answer

Cash and Fund flow

Answer

Inventory Books

Question 8

To see reports of Job Work Analysis

Accepted Answer

Display > Job Work In Reports > Job Work Analysis

Answer

Display > Statements of Accounts > Job Work Analysis

Answer

Display > Statements of Accounts> Cost Centre > Job Work Analysis

Answer

None of these

Question 9

To create Scenario which option requires to be activated

Accepted Answer

Use Rev journal & Optional voucher in F11

Answer

Use Rev Journal & Optional voucher in F12

Answer

Use Optional voucher in F11

Answer

Use Reversing voucher in F11