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Computer Fundamentals :: Tally

  1. Default ledger accounts in tally are ________

  2. A.

     Balance sheet, profit & loss and trial balance

    B.

     Profit & loss and trial balance

    C.

     Cash and profit & loss accounts

    D.

     Cash and bank accounts

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  3. Default 'godown' name in tally is ________

  4. A.

     Primary

    B.

     Main location

    C.

     A or b

    D.

     None of the above

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  5. 'Tally vault' is a ________

  6. A.

     Security mechanism

    B.

     Ledger a/c

    C.

     Cost category

    D.

     None of the above

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  7. A Group Company is ________ given to the merged accounts of member companies of the group

  8. A.

     a name

    B.

     an identity

    C.

     A and B

    D.

     None of the above

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  9. In tally you get currency symbol option from ________ menu

  10. A.

     Company creation

    B.

     Stock items units

    C.

     Regional setting

    D.

     None of the above

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  11. ________ gives the balance for each day for the voucher type has been selected

  12. A.

     Trial Balance

    B.

     Day book

    C.

     Balance Sheet

    D.

     None of the above

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  13. Which option lists inventory valuation method in tally

  14. A.

     Stock report

    B.

     Stock journal

    C.

     Stock analysis

    D.

     Stock summary

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  15. How to activate the tally audit feature in a company

  16. A.

     Press F11 key

    B.

     During the creation of a company

    C.

     In comp info > security control-option

    D.

     Press F12 key

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  17. What is the predefined number of groups in tally

  18. A.

     16

    B.

     28

    C.

     128

    D.

     228

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  19. Which of the following is used for voucher entry

  20. A.

     Ledger Account

    B.

     Groups

    C.

     Sub-Groups

    D.

     Depends on number of companies

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