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Computer Fundamentals :: Tally

  1. Company features in tally includes

  2. A.

     Accounting features

    B.

     Inventory features

    C.

     Statutory features

    D.

     All of the above

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  3. Integrated accounts with inventory is available in

  4. A.

     F12 configuration

    B.

     F11 features

    C.

     Inventory info

    D.

     Accounts info

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  5. Collection of ledgers of same nature is called

  6. A.

     Vouchers

    B.

     Asset

    C.

     Group

    D.

     None of these

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  7. The options 'use common narration' and 'narration each entry' appear

  8. A.

     Account creation screen

    B.

     Voucher entry screen

    C.

     F11 Accounting features

    D.

     Voucher type creation screen

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  9. Predefined groups are also called as

  10. A.

     Main group

    B.

     Primary group

    C.

     Statutory group

    D.

     Parent group

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  11. Which of the following is not a disadvantage of introducing computerized accounting system

  12. A.

     Possible demotivation through reundance

    B.

     High expenditure on set up

    C.

     Saving made on labour cost

    D.

     Required staff training

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  13. Transfer from main cash to petty cash you require to pass ________

  14. A.

     Voucher

    B.

     Payment

    C.

     Contra

    D.

     Receipt

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  15. Income tax number of the company will appear in which report

  16. A.

     Cash/bank book

    B.

     Profit and loss a/c

    C.

     Reminder letter

    D.

     None of these

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  17. Patent account falls under

  18. A.

     Investments

    B.

     Liabilities

    C.

     Current assets

    D.

     None of these

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  19. Drawings account is to be created by linking with

  20. A.

     Capital

    B.

     Current asset

    C.

     Current liability

    D.

     Drawings

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