Tally Prime MCQ Questions in English

Tally Prime MCQ Questions in English – here provide 30 most important tally questions and answers. you can learn and practice questions.

Tally Prime MCQ Questions in English

1) Salary Account comes under which head

A) Indirect Incomes
B) Indirect Expenses
C) Direct Incomes
D) Direct Expenses
Answer : B

2) To get Payroll Reports choose

A) Gateway of Tally > Display
B) Gateway of Tally > Display > Statement of Accounts
C) Gateway of Tally > Display > Statement of Payroll
D) Gateway of Tally > Display > Payroll Reports
Answer : D

3) BOM represents

A) Billing of Machines
B) Bill of Materials
C) Bill of Maintenance
D) None of these
Answer : B

4) “Alias” represents

A) Short name
B) Nick name
C) Code name
D) All of these
Answer : D

5) If we purchase any fixed asset in credit, we can pass it from

A) Payment mode
B) Receipt mode
C) Purchase mode
D) Contra mode
Answer : C

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

A) Contra
B) Payment
C) Receipt
D) Journal
Answer : C

7) Where do we record cash sales in Tally

A) Contra
B) Receipt
C) Payment
D) Journal
Answer : B

8) Where do we record credit purchase of furniture in Tally

A) Purchase
B) Payment
C) Receipt
D) Journal
Answer : A

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

A) Journal
B) Payment
C) Contra
D) Receipt
Answer : A

10) Which of the following equation is true for balance sheet

A) Assets = Liabilities + Capital
B) Liabilities = Assets + Capital
C) Capital = Assets + Liabilities
D) All of these
Answer : A

11) We can change the Company Information from

A) A Company Info > Back up
B) Company Info > Alter
C) Company Info > Split Company Data
D) None of these
Answer : B

12) Company Restore option is available in

A) Company Features
B) Company Information
C) Configuration
D) None of these
Answer : B

13) 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

14) 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

15) 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

16) How many options related to Company Features are there in “F11: Features” in Tally

A) 3
B) 2
C) 4
D) 5
Answer : D

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

A) Create
B) Display
C) Alter
D) Change
Answer : C

18) Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.

A) Lts
B) Nos
C) Kgs
D) Box
Answer : C

19) Which option is used to view Trial Balance from Gateway of Tally?

A) Gateway of Tally > Reports > Trial Balance
B) Gateway of Tally > Trial Balance
C) Gateway of Tally > Display > Trial Balance
D) None of these
Answer : C

20) How many voucher types are readily available in Tally

A) 18
B) 16
C) 20
D) 28
Answer : A

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

A) Contra
B) Payment
C) Receipt
D) Post-Dated
Answer : A

22) Which option is true for viewing Profit & Loss A/C in Gateway of Tally

A) Gateway of Tally > Reports > Profit ; Loss A/C
B) Gateway of Tally > Display > Profit ; Loss A/C
C) Gateway of Tally > Account Books > Profit ; Loss A/C
D) None of these
Answer : A

23) By default, which mode is on in Purchase and Sales voucher

A) Normal Mode
B) Item Invoice Mode
C) Particulars Mode
D) None of these
Answer : B

24) Rs. 20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded

A) Payment
B) Receipt
C) Contra
D) Post-Dated
Answer : C

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

A) Contra
B) Journal
C) Receipt
D) Payment
Answer : D

26) Which step is followed to view Purchase Register

A) Gateway of Tally > Display > Sales Register
B) Gateway of Tally > Account Books > Sales Register
C) Gateway of Tally > Display > Account Books > Purchase Register
D) None of these
Answer : C

27) Which of the following is not compulsory to create while entry in Accounts with Inventory

A) Stock Groups
B) Stock Items
C) Stock Categories
D) Units of Measure
Answer : C

28) Which reports are prepared monthly in Tally?

A) Profit ; Loss A/C
B) Balance Sheet
C) Trial Balance
D) Cash Flow of Funds Flow
Answer : C

29) By which option Purchase or Sales register can be viewed

A) Statutory Books
B) Inventory Books
C) Accounts Books
D) Display
Answer : C

30) Which option is used to view Stock Items or Group Summary

A) Accounts Books
B) Inventory Books
C) Statutory Books
D) Display
Answer : B