Tally Quiz – Youth Skill University

Mock Test Tally Quiz

Your Name

Your email

Phone Number

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

Government

Management

Employee

Owners

None

Budget represents ________

All of these

Estimation

Forecasting

None

Which option is used to view Stock Items or Group Summary

Accounts Books

Statutory Books

Display

Inventory Books

None

Goods returning to a Creditor after challan but before bill we need to pass

Rejection Out

Debit Note

Rejection In

Receipt Note

None

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

Restore

Backup

Copy Data

Split Company Data

None

Which option from Company Info. menu is selected to create a new Company in Tally

New Company

Create

Company Create

Create Company

None

Branch / Division is a group defined under

Income

Assets

Liabilities

Expenditure

None

We can get the report of Interest from

Account Books

Inventory Books

Statements of Accounts

Cash and Fund flow

None

Salary Account comes under which head

Direct Expenses

Direct Incomes

Indirect Expenses

Indirect Incomes

None

10.

Which account is the odd one

Plant and machinery

Land and buildings

Stock of raw materials

Furniture

None

11.

Which option is selected from Company Info Menu to divide company data into two financial years

Split Company Data

Change Tally Vault

New Company

Alter

None

12.

Which option is used in Tally to make changes in created company

None of these

Select Company

Shut Company

Alter

None

13.

Default ledger accounts in tally are ________

Cash and bank accounts

Profit ; loss and trial balance

Balance sheet profit ; loss and trial balance

Cash and profit ; loss accounts

None

14.

In Tally, there are ________ predefined ledgers.

Four

Three

One

Two

None

15.

We can change the Company Information from

None of these

Company Info > Split Company Data

Company Info > Alter

A Company Info > Back up

None

16.

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

Contra

Post-Dated

Receipt

Payment

None

17.

Which of the following equation is true for balance sheet

Assets = Liabilities + Capital

Liabilities = Assets + Capital

Capital = Assets + Liabilities

All of these

None

18.

BOM represents

Bill of Maintenance

Billing of Machines

None of these

Bill of Materials

None

19.

Single Entry mode is applicable for

All options are correct

Payment Voucher

Contra Voucher

Receipt Voucher

None

20.

List of Optional Voucher we can get from

Balance Sheet

Cash Bank Books

Exceptional Reports

Accounts Books

None

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