Tally solved MCQs

1 of 2

1. Tally package is developed by

a. Peutronics

B. Tally Solutions

c. Coral Softwares

d. Vedika Softwares

2. Which menu appears after starting Tally for the first time

a. Gateway of Tally

B. Company Info

c. Display

d. None of these

3. Which option is used in Tally to make changes in created company

a. Select Company

B. Shut Company

c. Alter

d. None of these

4. Which option from Company Info. menu is selected to create a new Company in Tally

a. Company Create

B. Create Company

c. Create

d. New Company

5. Which option is selected from Company Info Menu to divide company data into twofinancial years

a. Change Tally Vault

B. Alter

c. Split Company Data

d. New Company

6. Which option is used to copy company?s data into pen drive or CD

a. Backup

B. Restore

c. Split Company Data

d. Copy Data

7. Which option is used to place data taken in pen drive or CD to Appropriate place in Tally

a. Backup

B. Restore

c. Split Company Data

d. None of these

8. Which option is used to open company created in Tally

a. Create Company

B. Alter

c. Select Company

d. Shut Company

9. Which option is used in Tally to close opened Company

a. Alter

B. Shut Company

c. Create Company

d. Select Company

10. Which option is used to move from one company to another when more than onecompanies are open

a. Company Info

B. Shut Company

c. Select Company

d. Company

11. Which menu is used to create new ledgers, groups and voucher types in Tally

a. Reports

B. Import

c. Transactions

d. Masters

12. Which submenu is used to create new ledgers, groups and voucher types in Tally

a. Account Info

B. Inventory Info

c. Accounting Vouchers

d. Inventory Vouchers

13. Which submenu is used for voucher entry in Tally

a. Vouchers

B. Account Vouchers

c. Accounts Info

d. None of these

14. Salary Account comes under which head

a. Indirect Incomes

B. Indirect Expenses

c. Direct Incomes

d. Direct Expenses

15. How many groups are pre-defined in Tally

a. 28

B. 30

c. 15

d. 19

16. How many primary groups are there in Tally

a. 19

B. 28

c. 15

d. 20

17. How many secondary groups are there in Tally

a. 15

B. 13

c. 28

d. 3

18. Which option is used to view list of Primary and Secondary groups in Tally

a. List of Accounts

B. Accounts

c. List

d. None of these

19. Which ledger is created by Tally automatically as soon as we create a new company

a. Cash

B. Profit & Loss A/c

c. Capital A/c

d. A and B both

20. Which option is used to make changes in created Groups of Ledgers in Tally

a. Create

B. Display

c. Alter

d. Change

21. How many voucher types area readily available in Tally

a. 18

B. 16

c. 20

d. 28

22. Which voucher type is used to transfer amount from one bank to another

a. Contra

B. Payment

c. Receipt

d. Post-Dated

23. Rs.20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded

a. Payment

B. Receipt

c. Contra

d. Post-Dated

24. Where do we record transactions of salary, rent or interest paid

a. Contra

B. Journal

c. Receipt

d. Payment

25. Where do we record interest received, commission received or rent received in Tally

a. Contra

B. Payment

c. Receipt

d. Journal

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