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Tally

Description: Financial Accounting Software; basic & fundamental knowledge & advance features...
Number of Questions: 25
Created by:
Tags: Tally Accounts Financial Accounting Basic Accountancy
Attempted 0/25 Correct 0 Score 0

Which of the following is the shortcut key for company information dialogue box?

  1. F1

  2. Alt + F1

  3. Alt + F2

  4. Alt + F3


Correct Option: D
Explanation:

 Alt + F3 is for opening the company information dialogue box.

Which of the following is the key combination for language in Tally?

  1. Alt + K

  2. Ctrl + K

  3. Alt + G

  4. Ctrl + H


Correct Option: C
Explanation:

 Alt + G is for changing the language in Tally.

Which of the following is the function key or combination of keys for Memo voucher?

  1. Ctrl + F8

  2. Ctrl + F9

  3. Ctrl + F10

  4. F10


Correct Option: C
Explanation:

 Ctrl + F10 is for Memo voucher.

Which of the following is the hot key for inventory vouchers?

  1. I

  2. V

  3. T

  4. O


Correct Option: C
Explanation:

 T is the hot key for inventory vouchers.

You want to give contact details in ledger accounts. For this you need to activate

  1. F11 > F1: Accounting features.

  2. F12 > Voucher entry.

  3. F12 > Accts / Inventory info.

  4. F12 > Invoice / Orders entry.


Correct Option: C
Explanation:

 F12 > Accts / Inventory Info. is used to configure masters setting and in this dialogue box you need to activate the below option for Contact Details for ledger accounts. Use CONTACT DETAILS for Ledger Accounts.

Which of the following key combinations is used for rejection out voucher type?

  1. ALT+F5

  2. Alt + F6

  3. Ctrl + F7

  4. Alt + F7


Correct Option: B
Explanation:

  Gateway of Tally > Inventory Vouchers >  Alt + F6 : Rejection out voucher

From where can you activate audit features in Tally?

  1. Company creation

  2. F11 > Accounting features

  3. F12 > Accts / Inventory info

  4. Accounting info


Correct Option: A
Explanation:

 While creating new company and filling company information, you can activate Audit option.

Which key combination is used to cancel a voucher?

  1. Alt + D

  2. Alt + X

  3. Alt + I

  4. Alt + A


Correct Option: B
Explanation:

  Alt + X is used to cancel a voucher.

Which of the following is correct about utilisation of key combinations?

  1. Ctrl + M : Calculator

  2. Alt + C : Auto Value Calculator

  3. Ctrl + N : Calculator

  4. Alt + V


Correct Option: B
Explanation:

 During passing the voucher you want to pick up a calculated amount directly in the amount area of voucher; for this you use this option Alt + C : Auto Value Calculator.

Which key is used for Ledger-Wise Trial Balance reporting?

  1. F4

  2. F5

  3. F7

  4. F6


Correct Option: B
Explanation:

  F5 key is use for Ledger-Wise Trial Balance reporting.

Which is the function key used for showing Stock-Item-wise profit?

  1. F4

  2. F5

  3. F6

  4. F7


Correct Option: D
Explanation:

 Gateway of Tally > Stock summary > F7: shows Stock-Item-wise profit.

Which key combination is used for new column in reporting balance sheet?

  1. Alt + N

  2. Alt + A

  3. Alt + C

  4. Alt + D


Correct Option: C
Explanation:

 Gateway of Tally > Balance sheet >  Alt  + C: New column

Which of the following is the shortcut key combination for online modification of ledger?

  1. Shift + Enter

  2. Alt + C

  3. Ctrl + Enter

  4. Alt + X


Correct Option: C
Explanation:

  Ctrl + Enter is the shortcut key combination for online modification of ledger.

Which of the following is the shortcut key combination for auto value calculator?

  1. Alt + A

  2. Alt + X

  3. Alt + C

  4. Ctrl + N


Correct Option: C
Explanation:

  Alt + C is use for auto value calculator.

Which of the following function keys belongs to bank reconciliation in Tally?

  1. F8

  2. F7

  3. F6

  4. F5


Correct Option: D
Explanation:

 Gateway of Tally > Display > Account Books > Cash/Bank Book(s) > Banks Accounts > F5 : Reconcile

Which one of the following is correct about the key combination and its uses?

  1. Alt + F7 : Physical stock voucher

  2. Ctrl + F6 : Rejection out voucher

  3. Alt + F7 : Stock journal vocher

  4. Alt + F5 : Purchase voucher


Correct Option: C
Explanation:

 Gateway of Tally > Inventory vouchers >  Alt + F7 : Stock journal vocher

Where do you find post dated voucher list in report aisplay menu?

  1. List of accounts

  2. Statutory reports

  3. Statements of accounts

  4. Exception reports


Correct Option: D
Explanation:

  Gateway of Tally > Display > Exception Reports > Post-Dated Vouchers: Shows the list of passed post=dated vouchers.

On which value the operating cost percentage is calculated in Tally?

  1. Value of purchase

  2. Value of sundry debtors

  3. Value of sales

  4. Value of stock


Correct Option: C
Explanation:

 Operating cost percentage is calculated on the value of sales.

Where do you find the value of inventory turnover?

  1. Balance sheet

  2. Profit and loss account

  3. Stock summary

  4. Ratio analysis


Correct Option: D
Explanation:

Gateway of Tally >   Ratio analysis : Principal Groups : Inventory Turnover

Which key combination is used for sales order voucher?

  1. Ctrl + F6

  2. Alt + F5

  3. Ctrl + F7

  4. Alt + F10


Correct Option: B
Explanation:

 Gateway of Tally > Inventory vouchers >   Alt + F5 : sales order voucher

Where do you find price list option after the activation of price levels?

  1. Accounting info

  2. Inventory info

  3. Accounting vouchers

  4. Inventory vouchers


Correct Option: B
Explanation:

Price list belongs to stock items, this option is available in Inventory info. 

Which of the following is the key combination for a post dated voucher?

  1. Alt + P

  2. Alt + O

  3. Ctrl + L

  4. Ctrl + T


Correct Option: D
Explanation:

The key combination for post dated voucher is Ctrl + T.

Which of the following is the shortcut key combination for online ledger creation in Tally?

  1. Alt + A

  2. Alt + I

  3. Alt + 2

  4. Alt + C


Correct Option: D
Explanation:

  Alt + C is used for creating new ledger while passing a voucher.

Which option of display menu is used for outstanding management reporting of bills payable/ receivable?

  1. Day book

  2. Account book

  3. Inventory book

  4. Statements of accounts


Correct Option: D
Explanation:

Gateway of Tally >  Statements of accounts > Outstandings > Receivable / Payable

Which key combination is used for columnar ledger reporting?

  1. Alt + F12

  2. F6

  3. Alt + F8

  4. F7


Correct Option: C
Explanation:

 Gateway of Tally > Display > Account Books > Ledger > Alt + F8 Columnar

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