A Learning Portal from Recruitment India
Which shortcut key is used in the Company Features screen to use Inventory Features in Tally?
F4
F3
F2
F1
Answer with explanation
Answer: Option CExplanation
The correct answer is F2 shortcut key is used in the Company Features screen to use Inventory Features in Tally.
Workspace
Which shortcut key is pressed to go to company Info. Menu from Gateway of Tally?
Alt+F4
Alt+F3
Alt+F2
Alt+F1
Answer with explanation
Answer: Option BExplanation
The correct answer is Alt+F3 shortcut key is pressed to go to company Info. menu from Gateway of Tally.
Workspace
Which option from Company Info. the menu is selected to create a new Company in Tally?
New Company
Create
Create Company
Company Create
Answer with explanation
Answer: Option CExplanation
Company info menu. (If you are in Gateway of Tally Press Alt+F3 to get that menu), Select Create Company option in the menu and press enter key, company creation screen will appear
Workspace
in general, the financial year from shall be from?
All of them are true
31st March of any year
1st April of any year
None of these
Answer with explanation
Answer: Option CExplanation
The Balance Sheet and Income statements of companies across the Globe are usually prepared for a period of 1 year. However, the date from which this period starts varies from country to country.
In India, this 1 year period starts from 1st April and ends on 31st March.
Workspace
How many groups are pre-defined in Tally?
19
15
30
28
Answer with explanation
Answer: Option DExplanation
Tally.ERP 9 provides a list of Groups called pre-defined groups. There are twenty-eight pre-defined groups in Tally.ERP 9. These groups are a part of the chart of accounts for most organizations. For example, Sales Accounts is a pre-defined group. All sales ledgers can be classified under this group.
Workspace
Which option is used in Tally to close opened Company?
Select Company
Create Company
Shut Company
Alter
Answer with explanation
Answer: Option CExplanation
The correct answer is Shut Company
If you already opened the multi-companies and working on them and want to close any of them or two then there are two ways to close them.
Go to company info by pressing ALT+F3
There you will see the option Shut company, click on it
You will see all the companies listed.
Select the company which you want to close one by one.
The selected company will close after you have selected it.
Workspace
Which of the following is not a transaction?
An employee is dismissed from the job
The land is purchased for Rs 10 lakhs
Salaries paid for the month of May 20XX
Goods are purchased on a cash basis for Rs 1000
Answer with explanation
Answer: Option AExplanation
The correct answer is An employee is dismissed from the job
An accounting transaction is a business event having a monetary impact on the financial statements of a business. It is recorded in the accounting records of the business. An employee who is dismissed from the job does not have any monetary impact so it is not a transaction.
Workspace
We can create multiple users in Tally activating?
Use Security Control
Tally Audit
Maintain VAT
Both a and b
Answer with explanation
Answer: Option AExplanation
The correct answer is We can create multiple users in Tally by activating ‘Use Security Control’.
Workspace
Which option is used to open a company created in Tally?
Shut Company
Select Company
Alter
Create Company
Answer with explanation
Answer: Option BExplanation
In the Company Info. menu choose the Select Company option.
Then you will see the List of Companies, which are created using the Create Company option under the Company Info. menu.
From the list choose any one of the companies.
Workspace
Which option is selected from Company Info Menu to divide company data into two financial years
New Company
Split Company Data
Alter
Change Tally Vault
Answer with explanation
Answer: Option BExplanation
At the Gateway of Tally, press ALT+F3 or click F3:Cmp Info > Select the option Split Company Data > Select the option Select Company > Select the Company whose data is to be split.
Tally recommends the split-off date based on the data existing. It is recommended that the Split Point is set as the beginning of the latest financial year though Tally permits any date as the split point.
Workspace
Which option is used in Tally to make changes in a created company?
Answer with explanation
Answer: Option AExplanation
After creation of the company, For altering a company following procedures is to do:-
1) Select ‘F3 Company Info’ on ‘Gate way of Tally’.
2) Select ‘Alter’
3) Select ‘EXAMVEDA.COM Limited’
4) Now Screen of the Company Alteration shall appear.
Workspace
The tally package is developed by?
Vedika Softwares
Coral Softwares
Tally Solutions
Peutronics
Answer with explanation
Answer: Option CExplanation
Tally Solutions Pvt. Ltd., is an Indian multinational company that provides enterprise resource planning software. It is headquartered in Bangalore, Karnataka India.
Tally Solutions, then known as Peutronics, was co-founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka.
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