Tally MCQ Questions and Answers in English

Tally MCQ Questions and Answers in English – Here provide 30 Most important Tally Multiple Choice Questions with Answers in English.

Tally MCQ Questions and Answers in English

1) Which account is the odd one

A) Furniture
B) Land and buildings
C) Stock of raw materials
D) Plant and machinery
Answer : C

2) Which of the following is the example of external users of accounting information

A) Government
B) Owners
C) Management
D) Employee
Answer : A

3) A __ is sent to a customer when he returns the goods

A) Debit note
B) Credit note
C) Proforma invoice
D) Bill
Answer : B

4) A __ is sent to the seller when he is taken back the sold goods

A) Debit note
B) Credit note
C) Proforma invoice
D) Bill
Answer : A

5) Which of the following is not a transaction

A) Goods are purchased on cash basis for Rs 1000
B) Salaries paid for the month of May 20XX
C) Land is purchased for Rs 10 lakhs
D) An employee is dismissed from the job
Answer : D

6) Which shortcut key is used in Company Features screen to use Accounting Features in Tally

A) F1
B) F2
C) F3
D) F4
Answer : A

7) 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

8) 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

9) Which key is used to post entry in Debit Note in tally

A) F7
B) F8
C) Ctrl + F9
D) Ctrl + F8
Answer : C

10) Which shortcut key is used to view Report with all details in Tally

A) F1
B) Alt + F1
C) F3
D) Alt + F2
Answer : B

11) 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

12) Which option is used to copy company’s data into pendrive or CD

A) Backup
B) Restore
C) Split Company Data
D) Copy Data
Answer : A

13) 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

14) Which option is used to open company created in Tally

A) Create Company
B) Alter
C) Select Company
D) Shut Company
Answer : C

15) Which option is used in Tally to close opened Company

A) Alter
B) Shut Company
C) Create Company
D) Select Company
Answer : B

16) Tally package is developed by

A) Peutronics
B) Tally Solutions
C) Coral Softwares
D) Vedika Softwares
Answer : B

17) 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

18) 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

19) 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

20) 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

21) How many groups are pre-defined in Tally

A) 28
B) 30
C) 15
D) 19
Answer : A

22) How many primary groups are there in Tally

A) 19
B) 28
C) 15
D) 20
Answer : C

23) How many secondary groups are there in Tally

A) 15
B) 13
C) 28
D) 3
Answer : B

24) 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

25) 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

26) 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 : C

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

A) Reports
B) Import
C) Transactions
D) Masters
Answer : D

28) 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

29) Which submenu is used for voucher entry in Tally

A) Vouchers
B) Accounting Vouchers
C) Accounts Info
D) None of these
Answer : B

30) eTCS means

A) Enable Tax Collected at Source
B) Electronic Tax Collected at Source
C) Electric Tax Collected at Source
D) None of these
Answer : B