Multiple Choice Questions and Answers
Given below are the MCQ on Tally with there solutions. This MCQ will help you to gain extra knowledge on tally.
MCQ on TallyÂ
1. The most popular and widely accepted software is:
- Tally
- Visual Basic
- SQL
- EX-Next Generation
Answer :- Tally
2. The Tally software is developed by:
- Microsoft
- Tally Solutions
- TCS
- Apple
Answer :- Tally Solutions
3. Who is the founder of Tally Solutions?
- Mukesh Ambani
- Ratan Tata
- Bill gates
- Shyam Sunder and Bharat Goenka
Answer :- Shyam Sunder and Bharat Goenka
4. Which of the following stages of computerised accounting is not performed with the help of computers?
- Recording
- Classifying
- Summarising
- Communicating
Answer :- Communicating
5. In computerised accounting, data is not stored in:
- Hard Disk
- Pen drives
- Memory card
- Journals
Answer :- Journals
6. In manual accounting, data is not stored in:
- Hard Disk
- Pen drives
- Memory card
- All of the above
Answer :- All of the above
7. In manual accounting, data is stored in:
- Journal
- Ledgers
- Subsidiary books
- All of the above
Answer :-Â All of the above
8. Short cut key to exit from Tally ERP 9:
- Ctrl + n
- Ctrl + m
- Ctrl + q
- Ctrl + p
Answer :- Ctrl + q
9. Data of company in tally is stored in a file which has:
- 4 digits
- 5 digits
- 6 digits
- 7 digits
Answer :- 5 digits
10. Short cut key to select a company:
- F1
- F2
- F3
- F4
Answer :- F1
11. Short cut key to create, alter and shut company:
- Alt + F1
- Alt + F2
- Alt + F3
- Alt + F4
Answer :- Alt + F3
12. Short cut key to change the date:
- F1
- F2
- F3
- F4
Answer :- F2
13. In Tally, Suspense Account is defined under which head?
- Assets
- Liabilities
- Capital
- Expenditure
Answer :- Liabilities
14. Short cut key for Company Configurations is
- F8
- F12
- F3
- F4
Answer :- F12
14. Short cut key to declare a voucher as post dated:
- Ctrl + n
- Ctrl + m
- Ctrl +t
- Ctrl + p
Answer :- Ctrl +t
15. Short cut key to cancel a voucher is:
- Ctrl + n
- Ctrl + m
- Ctrl +x
- Ctrl + p
Answer :- Ctrl +x
16. Short cut key to activate a calculator in tally ERP 9 is:
- Ctrl + n
- Ctrl + m
- Ctrl + x
- Ctrl + p
Answer :- Ctrl + n
17. Which one of the following entries are made through journal voucher:
- TDS
- TCS
- Bad debts
- All of the above
Answer :- All of the above
18. TCS stands for:
- Tax collected at source
- Tax credited at source
- Tax cancelled at source
- None of the above
Answer :- Tax collected at source
19. Accounting software which is made according to the set of patterns of book-keeping and accountancy is called:
- Ready made accounting software
- Customized accounting software
- Tailor made accounting software
- All of the above
Answer :- Ready made accounting software
20. Accounting software which is made according to the need of business is called:
- Ready made accounting software
- Customized accounting software
- Tailor made accounting software
- All of the above
Answer :- Customized accounting software
21. Accounting software which is made according to specially for a particular business is called:
- Ready made accounting software
- Customized accounting software
- Tailor made accounting software
- All of the above
Answer :- Tailor made accounting software
22. Tally accounting software is an example of:
- Ready made accounting software
- Customized accounting software
- Tailor made accounting software
- All of the above
Answer :- Customized accounting software
23. How many predefined ledgers are there in tally ERP 9?
- 1
- 2
- 3
- 4
Answer :- 4
MCQ on Tally – True and False questions with Answer
- A Tally is an accounting and information system that processes financial transactions.           True
- Most automated accounting systems are not connected through a network of computers.      FalseÂ
- Go to Gateway of Tally > Alt+F3 > Create Company.    True
- In Tally We cannot Delete a company. False