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Chapter:

30+ Unit 2 Solved MCQs

in Computerized Accounting Software

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .

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Chapter: Unit 2
1.

Tally package is developed by

A. Peutronics
B. Tally Solutions
C. Coral Softwares
D. Vedika Softwares
Answer» B. Tally Solutions
discuss
2.

How many type of companies can be created in Tally?

A. 2
B. 3
C. 4
D. 5
Answer» A. 2
discuss
3.

Which menu appears after starting Tally for the first time?

A. Gateway of Tally
B. Company Info
C. Display
D. None of these
Answer» B. Company Info
discuss
4.

Which shortcut key is pressed to go to company Info. Menu from Gateway of Tally?

A. Alt+F4
B. Alt+F2
C. Alt+F1
D. Alt+F3
Answer» D. Alt+F3
discuss
5.

Which key is pressed to go to Gateway of Tally from company Info. Menu?

A. Ctrl
B. Alt
C. Esc
D. Enter
Answer» C. Esc
discuss
6.

Which option is used in Tally to make changes in created company?

A. Select Company
B. Shut Company
C. Alter
D. None of these
Answer» C. Alter
discuss
7.

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
Answer» B. Create Company
discuss
8.

Which option is selected from Company Info Menu to divide company data into two financial years?

A. Change Tally Vault
B. Alter
C. Split Company Data
D. New Company
Answer» C. Split Company Data
discuss
9.

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
Answer» A. Backup
discuss
10.

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
Answer» B. Restore
discuss
11.

Which option is used to open company created in Tally?

A. Create Company
B. Alter
C. Select Company
D. Shut Company
Answer» C. Select Company
discuss
12.

Which option is used in Tally to close opened Company?

A. Alter
B. Shut Company
C. Create Company
D. Select Company
Answer» B. Shut Company
discuss
13.

Which shortcut key is used to take print of any report in Tally?

A. Ctrl+P
B. Shift+P
C. Alt+P
D. Alt+Ctrl+P
Answer» C. Alt+P
discuss
14.

Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company?

A. Alt+P
B. Alt+E
C. Alt+O
D. Alt+S
Answer» B. Alt+E
discuss
15.

Which shortcut key is used for Select Company in Tally?

A. F1
B. Alt+F1
C. F3
D. Alt+F3
Answer» C. F3
discuss
16.

Which shortcut key is used to shut opened company in Tally?

A. F1
B. Alt+F1
C. F3
D. Alt+F3
Answer» B. Alt+F1
discuss
17.

Which shortcut key is used to change current period in Tally?

A. F2
B. Alt+F2
C. F3
D. Alt+F3
Answer» B. Alt+F2
discuss
18.

Which option is used to move from one company to another when more than one companies are open?

A. Company Info.
B. Shut Company
C. Select Company
D. Company
Answer» B. Shut Company
discuss
19.

Which Shortcut key is pressed to create a new company in Tally?

A. F3
B. Alt+F3
C. F2
D. Alt+F2
Answer» B. Alt+F3
discuss
20.

Which Shortcut key is pressed to view features in Tally?

A. F10
B. F11
C. Alt+11
D. F12
Answer» B. F11
discuss
21.

Which shortcut key is used to view configure in Tally?

A. F10
B. F11
C. F12
D. Alt+F9
Answer» C. F12
discuss
22.

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

A. Reports
B. Import
C. Transactions
D. Masters
Answer» D. Masters
discuss
23.

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
Answer» A. Account Info.
discuss
24.

With how many types ledger, group and voucher types can be created in Tally?

A. 2
B. 3
C. 4
D. 5
Answer» A. 2
discuss
25.

Which submenu is used for voucher entry in Tally?

A. Vouchers
B. Account Vouchers
C. Accounts Info.
D. None of these
Answer» B. Account Vouchers
discuss
26.

In order to delete a voucher, press

A. Alt + D
B. Alt + F4
C. Alt + F3
D. None of the above
Answer» A. Alt + D
discuss
27.

Debit Note is used for

A. Sales Return
B. Purchase Return
C. Purchase Return only
D. None of the above
Answer» B. Purchase Return
discuss
28.

A trial balance is a---------

A. Ledger
B. Journal
C. Account
D. List
Answer» D. List
discuss
29.

A ‘Debit note’ is a statement sent to the ------------- by the ----------------

A. Seller, buyer
B. Buyer, seller
C. Customer, seller
D. Creditor, seller
Answer» A. Seller, buyer
discuss
30.

A ‘credit note’ is sent by------------- to ----------------

A. Seller, buyer
B. Buyer, seller
C. Customer, seller
D. Creditor, seller
Answer» A. Seller, buyer
discuss
31.

The rate of trade discount varies with the ----------- purchased

A. Total asset
B. Current asset
C. Quantity
D. None of these
Answer» C. Quantity
discuss
32.

A............. serves the purpose of both journal and ledger accounts

A. Journal proper
B. Purchase day book
C. Cash book
D. Any of the above
Answer» C. Cash book
discuss
33.

Trial balance is prepared on............ basis

A. Monthly
B. Annually
C. Half yearly
D. Any of the above.
Answer» D. Any of the above.
discuss
34.

‘Inventory books’ is used to view

A. Stock Items
B. Group Summary
C. Both A and B above
D. None of these
Answer» C. Both A and B above
discuss

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