McqMate
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) .
| 101. |
in general the financial year from shall be from |
| A. | 1st April of any year |
| B. | 31st March of any year |
| C. | All of them are true |
| D. | None of these |
| Answer» A. 1st April of any year | |
| 102. |
We can modify an existing Company from |
| A. | Company Info > Alter |
| B. | Company Info > Alter Company |
| C. | Gateway of Tally > Modify Company |
| D. | None of these |
| Answer» A. Company Info > Alter | |
| 103. |
To change Current Date from Gateway of Tally press the key |
| A. | F1 |
| B. | F5 |
| C. | F2 |
| D. | F9 |
| Answer» C. F2 | |
| 104. |
Party account can be created through |
| A. | Group creation window |
| B. | Ledger creation window |
| C. | Inventory creation window |
| D. | Any one of them |
| Answer» B. Ledger creation window | |
| 105. |
A ledger may get declaration space for its Alias through |
| A. | F12 |
| B. | F11 |
| C. | Alt + F1 |
| D. | Alt + F2 |
| Answer» A. F12 | |
| 106. |
F12 is known as |
| A. | Company Features |
| B. | Company Configuration |
| C. | Accounting Features |
| D. | None of these |
| Answer» B. Company Configuration | |
| 107. |
What is the utility of Tally Vault Password? |
| A. | It will lock the period of Company |
| B. | It will lock all voucher entries for that Company |
| C. | It will not show the Company Name in the Company Select List. |
| D. | None of these |
| Answer» C. It will not show the Company Name in the Company Select List. | |
| 108. |
We can show Bill wise details of Debtors and Creditors by activating |
| A. | Bill by bill |
| B. | Maintain Bill wise Details |
| C. | Maintain References |
| D. | None of these |
| Answer» B. Maintain Bill wise Details | |
| 109. |
The shortcut key to quit from Tally is |
| A. | Ctrl + L |
| B. | Ctrl + P |
| C. | Ctrl + M |
| D. | Ctrl+Q |
| Answer» D. Ctrl+Q | |
| 110. |
How many inbuilt Accounts group are in tally by default? |
| A. | 29 |
| B. | 31 |
| C. | 25 |
| D. | 34 |
| Answer» B. 31 | |
| 111. |
The shortcut used to activate calculator is |
| A. | Ctrl + N |
| B. | Ctrl + M |
| C. | Ctrl + A |
| D. | Ctrl + B |
| Answer» A. Ctrl + N | |
| 112. |
Suspense Account Group is defined under |
| A. | Income |
| B. | Expenditure |
| C. | Liabilities |
| D. | Assets |
| Answer» C. Liabilities | |
| 113. |
To activate MRP feature from Gateway of Tally initially we need to press |
| A. | F11 |
| B. | F12 |
| C. | F10 |
| D. | Alt + F1 |
| Answer» B. F12 | |
| 114. |
MRP formula for inclusive of vat is |
| A. | {Vat %*( MRP * QTY)}/100 |
| B. | (100*rate of vat)/(100+rateof vat) |
| C. | Both a & b |
| D. | None of these |
| Answer» C. Both a & b | |
| 115. |
Manufacturing Journal creates based on |
| A. | Journal |
| B. | Receipt Note |
| C. | Stock Journal |
| D. | Purchase Quotation |
| Answer» C. Stock Journal | |
| 116. |
To create Manufacturing Journal which option must be activated |
| A. | Use Common Narration |
| B. | Narrations for each entry |
| C. | Prefilled with Zero |
| D. | Use as manufacturing Journal |
| Answer» D. Use as manufacturing Journal | |
| 117. |
How many types of Measurement Units we can create in Tally? |
| A. | 2 |
| B. | 3 |
| C. | 5 |
| D. | Unlimited |
| Answer» A. 2 | |
| 118. |
To activate Job Costing which options require to be activated? |
| A. | Maintain Cost Centre |
| B. | Use Cost Centre for Job Costing |
| C. | Both a & b |
| D. | None of these |
| Answer» C. Both a & b | |
| 119. |
Multiple Godowns are activated from |
| A. | F11 |
| B. | F11 > F1 |
| C. | F11 > F2 |
| D. | F11 > F3 |
| Answer» C. F11 > F2 | |
| 120. |
In Tally, there are _________ predefined ledgers |
| A. | One |
| B. | Three |
| C. | Two |
| D. | Four |
| Answer» C. Two | |
| 121. |
We can see list of Memorandum Vouchers from |
| A. | Cash/Bank Books |
| B. | Exception Reports |
| C. | Accounts Books |
| D. | Trail Balance |
| Answer» B. Exception Reports | |
| 122. |
To print a voucher from Tally we need to press |
| A. | Ctrl + P |
| B. | Shift + P |
| C. | Alt + P |
| D. | Ctrl + Alt + P |
| Answer» C. Alt + P | |
| 123. |
We can see Working Capital figure changing |
| A. | Voucher configuration |
| B. | Profit & Loss configuration |
| C. | Balance Sheet configuration |
| D. | Ledger configuration |
| Answer» C. Balance Sheet configuration | |
| 124. |
Input Vat Ledger is created under which account? |
| A. | Duties & Taxes |
| B. | Sales |
| C. | Sales Return |
| D. | None of these |
| Answer» A. Duties & Taxes | |
| 125. |
We can create multiple users in Tally activating |
| A. | Tally Audit |
| B. | Use Security Control |
| C. | Both (a) and (b) |
| D. | None of these |
| Answer» B. Use Security Control | |
| 126. |
“Allow components list details (Bill of Materials)” option is activated for |
| A. | Ledgers |
| B. | Cost Category |
| C. | Stock Items |
| D. | Budgets |
| Answer» C. Stock Items | |
| 127. |
Retained Earnings is an alias of |
| A. | Indirect Income |
| B. | Reserve and Surplus |
| C. | Capital Account |
| D. | Investments |
| Answer» B. Reserve and Surplus | |
| 128. |
We can repeat narration by pressing |
| A. | Shift + R |
| B. | Alt + R |
| C. | Ctrl + |
| D. | Alt + Shift + R |
| Answer» C. Ctrl + | |
| 129. |
What is MRP? |
| A. | Market Price |
| B. | Maximum Retail Price |
| C. | Marginal Price |
| D. | Minimum Retail Price |
| Answer» B. Maximum Retail Price | |
| 130. |
We can use Stock Journal for |
| A. | Production and Consumption |
| B. | Inter Godown transfer for stock |
| C. | Both (a) and (b) |
| D. | None of these |
| Answer» C. Both (a) and (b) | |
| 131. |
Discount Column is available in |
| A. | Sales Invoice |
| B. | Purchase Invoice |
| C. | Both (a) and (b) |
| D. | None of these |
| Answer» C. Both (a) and (b) | |
| 132. |
We can get the report of Interest from |
| A. | Account Books |
| B. | Cash and Fund flow |
| C. | Inventory Books |
| D. | Statements of Accounts |
| Answer» D. Statements of Accounts | |
| 133. |
We can cancel a voucher using |
| A. | Alt + X |
| B. | Ctrl + X |
| C. | Shift + X |
| D. | Ctrl + Shift + X |
| Answer» A. Alt + X | |
| 134. |
To see reports of Job Work Analysis |
| A. | Display-Statement of a/cs |
| B. | Display-Statement of a/cs-Job Work Analysis |
| C. | Display-Statement of a/cs-Cost Centre-Job work |
| D. | None of these |
| Answer» B. Display-Statement of a/cs-Job Work Analysis | |
| 135. |
for reconciliation of Bank press |
| A. | F12 |
| B. | F10 |
| C. | F5 |
| D. | F6 |
| Answer» C. F5 | |
| 136. |
To create Scenario which option requires to be activated? |
| A. | Use Rev Journal & Optional voucher in F12 |
| B. | Use Optional voucher in F11 |
| C. | Use Reversing voucher in F11 |
| D. | Use Rev journal & Optional voucher in F11 |
| Answer» D. Use Rev journal & Optional voucher in F11 | |
| 137. |
Optional Voucher is one type of |
| A. | Conventional Voucher |
| B. | Unconventional Voucher |
| C. | Both (a) & (b) |
| D. | None of these |
| Answer» B. Unconventional Voucher | |
| 138. |
TDS deduction entry can be made through |
| A. | Payment Voucher |
| B. | Journal Voucher |
| C. | Receipt Voucher |
| D. | All of these |
| Answer» B. Journal Voucher | |
| 139. |
To create Purchase Order press |
| A. | Alt + F4 |
| B. | Ctrl + F4 |
| C. | F4 |
| D. | None of these |
| Answer» A. Alt + F4 | |
| 140. |
List of Optional Voucher we can get from |
| A. | Cash Bank Books |
| B. | Exceptional Reports |
| C. | Accounts Books |
| D. | Balance Sheet |
| Answer» B. Exceptional Reports | |
| 141. |
Input Vat Credit on Capital goods should be defined under |
| A. | Capital Account |
| B. | Current Liabilities |
| C. | Duties & Taxes |
| D. | Misc. Expenses (Assets) |
| Answer» C. Duties & Taxes | |
| 142. |
Single Entry mode is applicable for |
| A. | Receipt Voucher |
| B. | Contra Voucher |
| C. | Payment Voucher |
| D. | All of these |
| Answer» D. All of these | |
| 143. |
Online voucher creation from Day Book report by pressing |
| A. | Ctrl + A |
| B. | Shift + A |
| C. | Alt + A |
| D. | None of these |
| Answer» C. Alt + A | |
| 144. |
Reversing journal is a |
| A. | Conventional Voucher |
| B. | Unconventional Voucher |
| C. | Both (a) and (b) |
| D. | None of these |
| Answer» B. Unconventional Voucher | |
| 145. |
To hide the name of the Company you need to define |
| A. | Security Control |
| B. | Tally Audit |
| C. | Create at least one User |
| D. | Tally Vault Password |
| Answer» D. Tally Vault Password | |
| 146. |
To declare a voucher as Post Dated press |
| A. | Ctrl + T |
| B. | Alt + T |
| C. | Ctrl + P |
| D. | Ctrl + D |
| Answer» A. Ctrl + T | |
| 147. |
We can switch from Accounting Voucher to Inventory Voucher pressing |
| A. | F2 |
| B. | Alt +F1 |
| C. | Ctrl + F1 |
| D. | F11 |
| Answer» B. Alt +F1 | |
| 148. |
Goods returning to a Creditor after challan but before bill we need to pass |
| A. | Debit Note |
| B. | Receipt Note |
| C. | Rejection Out |
| D. | Rejection In |
| Answer» C. Rejection Out | |
| 149. |
Branch / Division is a group defined under |
| A. | Liabilities |
| B. | Assets |
| C. | Income |
| D. | Expenditure |
| Answer» A. Liabilities | |
| 150. |
To use Dr/Cr instead of To/By during Voucher entry or vice versa, Press |
| A. | F10 |
| B. | F12 |
| C. | F11 |
| D. | None of these |
| Answer» B. F12 | |
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