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220+ Computerized Accounting with Tally Solved MCQs

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

1.

Tally package is developed by

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

How many type of companies can be created in Tally?

A. 2
B. 3
C. 4
D. 5
Answer» A. 2
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
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
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
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
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
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
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
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
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
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
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
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
15.

Which shortcut key is used for Select Company in Tally?

A. F1
B. Alt+F1
C. F3
D. Alt+F3
Answer» C. F3
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
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
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
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
20.

Which Shortcut key is pressed to view features in Tally?

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

Which shortcut key is used to view configure in Tally?

A. F10
B. F11
C. F12
D. Alt+F9
Answer» C. F12
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
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.
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
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
26.

Which option is used to exit Tally?

A. Exit
B. Close
C. Quit
D. Shut Company
Answer» C. Quit
27.

Salary Account comes under which head?

A. Indirect Incomes
B. Indirect Expenses
C. Direct Incomes
D. Direct Expenses
Answer» B. Indirect Expenses
28.

How many groups are pre-defined in Tally?

A. 28
B. 30
C. 15
D. 19
Answer» A. 28
29.

How many primary groups are there in Tally?

A. 19
B. 28
C. 15
D. 20
Answer» C. 15
30.

How many secondary groups are there in Tally?

A. 15
B. 13
C. 28
D. 3
Answer» B. 13
31.

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
Answer» A. List of Accounts
32.

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
Answer» D. A and B both
33.

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

A. Create
B. Display
C. Alter
D. Change
Answer» C. Alter
34.

How many voucher types area readily available in Tally?

A. 18
B. 16
C. 20
D. 28
Answer» A. 18
35.

How many voucher types are provided in Tally to record transactions?

A. 2
B. 3
C. 4
D. 5
Answer» A. 2
36.

Which key is pressed to post entries in double entry accounting system instead of single entry system in Tally.ERP9?

A. F11
B. F12
C. Alt+F11
D. Alt+F12
Answer» B. F12
37.

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

A. Contra
B. Payment
C. Receipt
D. Post-Dated
Answer» A. Contra
38.

Rs.10, 000 withdrawn from State Bank. In which voucher type this transaction will be recorded?

A. Payment
B. Receipt
C. Contra
D. Post-Dated
Answer» C. Contra
39.

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

A. Contra
B. Journal
C. Receipt
D. Payment
Answer» D. Payment
40.

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

A. Contra
B. Payment
C. Receipt
D. Journal
Answer» B. Payment
41.

Where do we record cash sales in Tally?

A. Contra
B. Receipt
C. Payment
D. Journal
Answer» B. Receipt
42.

Where do we record credit purchase of furniture in Tally?

A. Purchase
B. Payment
C. Receipt
D. Journal
Answer» D. Journal
43.

Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally?

A. Journal
B. Payment
C. Contra
D. Receipt
Answer» A. Journal
44.

Where do we record all type of adjustment entry in Tally?

A. F5:Payment
B. F6:Receipt
C. F7:Journal
D. F4:Contra
Answer» C. F7:Journal
45.

Which shortcut key is pressed and then ‘yes’ is given in “Use Debit/Credit Noted” to post entry in Credit Note and Debit Note in Tally?

A. Alt+F11
B. F11
C. F12
D. Alt+F12
Answer» B. F11
46.

In which voucher type credit purchase entry is posted in Tally?

A. F5:Payment
B. F7:Journal
C. F9:Purchase
D. F6:Receipt
Answer» C. F9:Purchase
47.

In which voucher type credit sales is recorded in Tally?

A. F5:Payment
B. F6:Receipt
C. F7:Journal
D. F8:Sales
Answer» D. F8:Sales
48.

Which shortcut key is used in ‘Company Feature’s screen to use Accounting Features in Tally?

A. F1
B. F2
C. F3
D. F4
Answer» A. F1
49.

Which shortcut key is used in ‘Company Features’ screen to use Inventory Features in Tally?

A. F1
B. F2
C. F3
D. F4
Answer» B. F2
50.

Which shortcut key is used in ‘Company Features’ Screen to use Statutory & Taxation in Tally?

A. F3
B. F4
C. F2
D. F1
Answer» A. F3

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