S.N.
|
Questions
|
Answer
|
1
|
Zero valued entries only reflect in the ______
book.
|
accounting
|
2
|
______ are used to define a Pay Structure of an
Employee or an Employee Group.
|
Salary Details
|
3
|
The state and central tax is always ____ of the
integrated tax.
|
one half
|
4
|
In upward rounding, if the decimal value is 50 or
99 paisa then Tally will automatically convert it into 0 rupees.
|
False
|
5
|
The casual taxpayer has to deposit tax in
advance.
|
True
|
6
|
Transportation and Telecom services are which
type of business entities?
|
Infrastructure
|
7
|
In Tally, to enable payroll for a company, which
keyboard shortcut is used?
|
F11
|
8
|
Which of these keyboard shortcuts is used to
create masters through voucher?
|
Alt+C
|
9
|
Under the reverse charge mechanism, the liability
to pay tax is on the ___.
|
recipient
|
10
|
The process of listing items that make up another
item is termed as ___.
|
Bill of Materials
|
11
|
Which of these menus is used to create the new
ledgers, groups, and voucher types in Tally?
|
Masters
|
12
|
When the buyer pays money to a seller then the
seller has to prepare which document?
|
Receipts
|
13
|
What do the terms 'Cr' and 'Dr' stand for in
Tally?
|
Credit and Debit
|
14
|
Intrastate supply attracts which type of GST?
|
CGST and SGST
|
15
|
The _____ option allows you to export the reports
or data from Tally.
|
Export
|
16
|
To create multiple ledgers at a time, select the
_______ option under Multiple Ledgers from the Ledger menu.
|
Create
|
17
|
The Tally Help option appears on _______.
|
Horizontal Button Bar
|
18
|
In the accounting equation, assets are equal to
.................. plus.................
|
liabilities, capital
|
19
|
The validity of registration for casual taxpayer
is maximum ___ days.
|
90
|
20
|
Accounts which are related to expenses, losses,
incomes or gains are called ____ accounts.
|
Nominal
|
21
|
A building is an example of an intangible real
account.
|
False
|
22
|
A ___ discount is a discount given to the buyer
on the product price when they buy the product in large quantity.
|
Trade
|
23
|
You should use this voucher to record the sale of
goods to a company.
|
Sales
|
24
|
Stock items are purchased or sold based on their
_____ and ____.
|
Quantity, Unit
|
25
|
Which of these is the main working area in Tally?
|
Gate way of Tally
|
26
|
The option ‘Maintain more than one payroll or
cost category?’ can be seen on which screen?
|
Accounting Features
|
27
|
To make a purchase entry, from Accounting
Vouchers, press the ___ key.
|
F9
|
28
|
Which button is clicked to open the Inventory
Features screen from Gateway of Tally?
|
F11: Features
|
29
|
A ledger is also known as the ................
book of entry.
|
Principal
|
30
|
To create a Stock Group, go to Gateway of Tally
> Inventory Info. > Stock Group > _____
|
Create
|
31
|
When payment is made through cheque, the bank
account should be credited.
|
True
|
32
|
The process of transferring entries from journal
to ledger is called ____.
|
Posting
|
33
|
The ____ balance for the previous financial year
becomes the ____ balance for the current financial year.
|
closing,opening
|
34
|
If you see a single underline below a keyboard
character in Tally, you should press which special key along with it?
|
alt
|
35
|
The process of writing in ____ is known as
Journalizing.
|
Journals
|
36
|
To setup Bill of Materials, go to Gateway of
Tally > ___: Configure > Accts/Inventory Info.
|
F12
|
37
|
Pressing the F6 key in Accounting Vouchers will
open the _____ voucher.
|
Receipt
|
38
|
What is contributed by the owners or shareholders
and financial institutions in the form of the cash?
|
Capital
|
39
|
You cannot edit or delete a ledger in the display
mode.
|
True
|
40
|
In multi-currency transactions in Tally, the
ongoing or current exchange rate is known as the _______ rate.
|
standard
|
41
|
To record additional costs on a purchase, you
need to enable ____.
|
Track additional cost of purchase
|
42
|
Which shortcut key is used to delete the group?
|
Alt+D
|
43
|
Accounting is the process of systematically
................, ................, and .................. financial
information.
|
recording, classifying, summarizing
|
44
|
Ideally, the _______ voucher should be used when
the company buys goods.
|
Purchase
|
45
|
Bill of Material feature is mostly useful for
manufacturing organizations.
|
|
46
|
Sales are also known as payables.
|
FALSE
|
47
|
To make a sales entry, from Accounting Vouchers,
press the ___ key.
|
F8
|
48
|
Taxable event in the GST is supply ____.
|
Goods and /or Services
|
49
|
Cash is an example of what?
|
Assets
|
50
|
Through the Company Features menu, you can change
which of these?
|
Accounting features
|
Tuesday, January 7, 2020
Classroom Test
My Self Mr. Subodh Kumar as a GST Trainer in BSDM and Owner of a Cyber Cafe
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Thank your for comment