IT Training Institute in Ahmedabad Serving Bapunagar and Nikol Contact Us

TALLYPRIME + GST Quiz

Q. 1   Where does single entry mode apply in voucher ?

    • Correct Answer: D. All of these

Q. 2   To change the date, shortcut used

    • Correct Answer: B. F2

Q. 3   GST was implemented in India from

    • Correct Answer: D. 1st July 2017

Q. 4   For Export of Data from Company to Company Tally uses

    • Correct Answer: A. XML Format

Q. 5   To get Payroll Reports choose

    • Correct Answer: A. Gateway of Tally > Display > Payroll Reports

Q. 6   What is the predefined number of groups in tally ?

    • Correct Answer: B. 28 pre

Q. 7   Which option is used to view Stock Items or Group Summary ?

    • Correct Answer: D. Inventory Books

Q. 8   _____ is the shortcut to company info from Gateway of Tally.

    • Correct Answer: C. Alt + F3

Q. 9   Which group [Under] should be selected for TDS on Professional or Technical Services A/C ?

    • Correct Answer: C. Duties & Taxes

Q. 10   Details of outward supply shall be furnished in

    • Correct Answer: D. GSTR-1

Q. 11   SGST is applicable when

    • Correct Answer: A. Goods are sold within a state

Q. 12   Where location of the supplier and place of supply are in a State and a Union territory

    • Correct Answer: D. IGST is applicable

Q. 13   The highest GST rate applicable now is

    • Correct Answer: B. 28%

Q. 14   Under GST law, tax rates are determined by

    • Correct Answer: C. GST Council

Q. 15   The lowest tax rate under GST is

    • Correct Answer: A. 0.25%

Q. 16   The shortcut used to activate calculator is

    • Correct Answer: D. Ctrl + N

Q. 17   What is MRP ?

    • Correct Answer: B. Maximum Retail Price

Q. 18   Transfer of materials from one godown to another godown, use

    • Correct Answer: A. Stock Journal

Q. 19   Which shortcut key is used to view configure in Tally ?

    • Correct Answer: D. F12

Q. 20   Which shortcut key is used for Select Company in Tally ?

    • Correct Answer: B. Alt + F3

Q. 21   ___ is the shortcut to purchase voucher from Accounting Vouchers in Tally.

    • Correct Answer: B. F9

Q. 22   Find out which is not a Default Ledger in Tally.

    • Correct Answer: C. Capital Account

Q. 23   ___ gives the balance for each day for the voucher type has been selected.

    • Correct Answer: C. Daybook

Q. 24   ___ is the shortcut to create contra voucher in Tally.

    • Correct Answer: C. F4

Q. 25   ___ is the shortcut to stock journal from inventory Vouchers in Tally.

    • Correct Answer: C. Alt + F7

Q. 26   Which option is used to make changes in created Groups of Ledgers in Tally ?

    • Correct Answer: A. Alter

Q. 27   To hide the name of the Company you need to define

    • Correct Answer: A. Tally Vault Password

Q. 28   Which option is used to exit Tally ?

    • Correct Answer: B. Quit

Q. 29   Which option is used in Tally to make changes in created company ?

    • Correct Answer: C. Alter

Q. 30   Which of the following is not compulsory to create while entry in Accounts with Inventory ?

    • Correct Answer: B. Stock Categories

Q. 31   To create a sales voucher in tally, you have to press ___

    • Correct Answer: D. F8

Q. 32   BOM represents

    • Correct Answer: A. Bill of Materials

Q. 33   Party account can be created through

    • Correct Answer: C. Ledger creation window

Q. 34   ___ is the shortcut to change the accounting period from Gateway of Tally.

    • Correct Answer: C. Alt + F2

Q. 35   The tax collected by the seller from the buyer is generally called

    • Correct Answer: C. Tax Collected at Source (TCS)

Q. 36   TDS is applied on which of the following incomes ?

    • Correct Answer: D. All of these

Q. 37   The tax collected by the employer towards income of an employee is called

    • Correct Answer: D. Tax Deducted at Source (TDS)

Q. 38   ___ is a record of all monetary transactions.

    • Correct Answer: A. Account

Q. 39   Which option is used to copy company's data into pen drive or cd ?

    • Correct Answer: B. Backup

Q. 40   Stock maintained for production purpose is called

    • Correct Answer: A. Inventory

Q. 41   Where do we record credit purchase of furniture in Tally ?

    • Correct Answer: A. Journal

Q. 42   Which ledger is created by Tally automatically as soon as we create a new company ?

    • Correct Answer: D. Both (Profit & Loss A/c) and (Cash)

Q. 43   A Debit note is a statement sent to the __ by the __

    • Correct Answer: B. Seller, buyer

Q. 44   In which voucher type credit sales is recorded in Tally ?

    • Correct Answer: D. F8:Sales

Q. 45   ___ denotes movable or immovable property and inventory.

    • Correct Answer: A. Asset

Q. 46   In tally you get currency symbol option from ___ menu.

    • Correct Answer: A. Company creation

Q. 47   The shortcut key to quit from Tally is

    • Correct Answer: B. Ctrl + Q

Q. 48   Which of the following is not a transaction

    • Correct Answer: D. An employee is dismissed from the job

Q. 49   Salary Account comes under which head

    • Correct Answer: B. Indirect Expenses

Q. 50   'Alias' represents

    • Correct Answer: D. All of these

Q. 51   Where do we record interest received, commission received or rent received in Tally

    • Correct Answer: C. Receipt

Q. 52   By which option Purchase or Sales register can be viewed ?

    • Correct Answer: A. Accounts Books

Q. 53   Voucher class is a pre-defined voucher type that helps to

    • Correct Answer: D. All of these

Q. 54   What is the utility of Tally Vault Password ?

    • Correct Answer: D. Both (It will not shows the company name in the company select list) and (It will lock all voucher entries for that company)

Q. 55   Discount Column is available in

    • Correct Answer: D. Both (Sales Invoice) and (Purchase Invoice)

Q. 56   Which of the following is the predefined stock category in tally ?

    • Correct Answer: C. Primary

Q. 57   Recording of actual stock as physically verified or counted is done through

    • Correct Answer: D. Physical Stock

Q. 58   Which group [Under] should be selected for TDS on Advertisement A/C ?

    • Correct Answer: D. Duties and Taxes

Q. 59   To primarily open a report, and create masters and vouchers in the flow of work, which shortcut key is used in tally prime ?

    • Correct Answer: D. Alt + G

Q. 60   To open the print menu for printing transactions or reports, which shortcut key is used in tally prime ?

    • Correct Answer: B. Alt + P

Q. 61   To open the export menu for exporting masters, transactions, or reports, which shortcut key is used in tally prime ?

    • Correct Answer: B. Alt + E

Q. 62   To open Sales Order, which shortcut key is used in tally prime ?

    • Correct Answer: B. Ctrl + F8

Q. 63   To open Payroll voucher, which shortcut key is used in tally prime ?

    • Correct Answer: A. Ctrl + F4

Q. 64   Tally is an _________ software.

    • Correct Answer: A. Accounting

Q. 65   tally was developed by which company

    • Correct Answer: B. Tally solutions Pvt. Ltd.

Q. 66   Tally was founded by ______

    • Correct Answer: C. Shyam Sunder Goenka

Q. 67   Tally prime launched in ______

    • Correct Answer: D. year 2020

Q. 68   A Financial Year (FY) is the period between ______ and _______

    • Correct Answer: A. 1st April, 31st March

Q. 69   The full form of INR is

    • Correct Answer: B. Indian rupees

Q. 70   Which option is not given in gateway of tally ?

    • Correct Answer: B. Ledger

Q. 71   Which option is not given during company creation ?

    • Correct Answer: B. Alias

Q. 72   Shortcut key for help menu in tally prime is ____

    • Correct Answer: D. F1

Q. 73   Can we create multiple companies in tally prime ?

    • Correct Answer: A. Yes

Q. 74   Shortcut key to open the company menu with the list of actions related to managing your company is _____

    • Correct Answer: A. Alt + F3

Q. 75   Steps to create ledgers in tally prime is _______

    • Correct Answer: B. Gateway of tally > create > ledger

Q. 76   Shortcut key for creating ledger during voucher entry is ______

    • Correct Answer: B. Alt + C

Q. 77   Which ledgers already exists in tally ?

    • Correct Answer: C. Cash, profit & loss account

Q. 78   How many groups are there in tally prime ?

    • Correct Answer: A. 28 groups

Q. 79   Rent ledger is created under which group ?

    • Correct Answer: A. Indirect expenses

Q. 80   ______ is a fixed assets.

    • Correct Answer: D. Land

Q. 81   We purchase goods from kartik Bhai on credit then he is our ______

    • Correct Answer: A. Creditor

Q. 82   We sale goods to Kunal Bhai on credit then he is our _______

    • Correct Answer: B. Debtor

Q. 83   During sales voucher entry we choose party a/c name whose under group is ______

    • Correct Answer: A. Sundry debtors

Q. 84   During purchase voucher entry we choose party a/c name whose under group is ______

    • Correct Answer: B. Sundry creditors

Q. 85   If owner brings cash in business then it is called ______

    • Correct Answer: D. Capital

Q. 86   If owner withdraws cash from business then it is called ______

    • Correct Answer: D. Drawings

Q. 87   ________ means your Credit customer from which you have to receive money for good supplied or services rendered on credit.

    • Correct Answer: A. Sundry debtors

Q. 88   ______ means your credit supplier to which you have to pay money for buying goods or services on credit.

    • Correct Answer: B. Sundry creditors

Q. 89   Commission received is an ______ for us.

    • Correct Answer: B. Indirect income

Q. 90   Rent received ledger comes under which group ?

    • Correct Answer: B. Indirect incomes

Q. 91   how much digits are in a bank ifsc code number ?

    • Correct Answer: A. 11 digits

Q. 92   Bank's loan is our ________

    • Correct Answer: C. Liability

Q. 93   Shortcut key for payment voucher is ______

    • Correct Answer: A. F5

Q. 94   Payment voucher is used to account all the payments made by the company by way of ________

    • Correct Answer: C. Cash/bank

Q. 95   What is the full form of DR in tally ?

    • Correct Answer: B. Debit record

Q. 96   What is the full form of CR in tally ?

    • Correct Answer: B. Credit record

Q. 97   Payment of salary must be recorded in _________ voucher.

    • Correct Answer: D. Payment

Q. 98   Drawings by owner must be recorded in _______ voucher.

    • Correct Answer: D. Payment

Q. 99   Payment to creditors must be recorded in _______ voucher.

    • Correct Answer: D. Payment

Q. 100   Shortcut key for receipt voucher is ______

    • Correct Answer: C. F6

Q. 101   When in any transaction cash or bank is debited it is recorded in ________ voucher.

    • Correct Answer: A. Receipt

Q. 102   Brokerage received by cash or bank must be recorded in _______ voucher.

    • Correct Answer: A. Receipt

Q. 103   Payment received from debtors must be recorded in ________ voucher.

    • Correct Answer: D. Receipt

Q. 104   Owner brings capital in business this entry must be recorded in ________ voucher.

    • Correct Answer: B. Receipt

Q. 105   Shortcut key for Contra voucher is ______

    • Correct Answer: C. F4

Q. 106   Transaction that happens between _____&_____ must be recorded in Contra voucher.

    • Correct Answer: A. Business, bank

Q. 107   If we transfer bank balance from our one bank account to another then it must be recorded in ______ voucher.

    • Correct Answer: C. Contra

Q. 108   Cash withdrawn from bank and deposited in Bank these transactions must be recorded in _______ voucher.

    • Correct Answer: A. Contra

Q. 109   Steps to open Contra voucher in tally prime is _________

    • Correct Answer: A. Gateway of Tally > Vouchers > Select F4: Contra.

Q. 110   How to enable company features in tally prime ?

    • Correct Answer: C. Press F11 from gateway of tally

Q. 111   Stock group comes under _______ head in tally prime.

    • Correct Answer: A. Inventory masters

Q. 112   What would be formal name for the symbol KGS in unit creation ?

    • Correct Answer: A. Kilograms

Q. 113   What would be formal name for the symbol KLR in unit creation ?

    • Correct Answer: C. Kilolitre

Q. 114   What would be the symbol for the formal name numbers in unit creation ?

    • Correct Answer: A. NOS

Q. 115   What would be the symbol for the formal name pieces in unit creation?

    • Correct Answer: B. PCS

Q. 116   If my stock item is mobile phone then it's unit should be ______

    • Correct Answer: C. NOS

Q. 117   How to create stock item in tally ?

    • Correct Answer: A. Gateway of Tally > Create > select Stock Item.

Q. 118   In order to delete a voucher, press ______

    • Correct Answer: A. Alt + D

Q. 119   Can we create stock item during voucher entry ?

    • Correct Answer: A. Yes

Q. 120   How to view day book in tally prime ?

    • Correct Answer: A. Gateway of tally > Daybook

Q. 121   Shortcut key for purchase order voucher is ______

    • Correct Answer: B. Ctrl + F9

Q. 122   Shortcut key for sales order voucher is ______

    • Correct Answer: D. Ctrl + F8

Q. 123   Creating price list would be useful in _______ voucher.

    • Correct Answer: B. Sales

Q. 124   Stock journal voucher is used for __________

    • Correct Answer: C. Stock transfer

Q. 125   Can we create multiple godowns/locations in tally prime ?

    • Correct Answer: A. Yes

Q. 126   The full form of POS is ________

    • Correct Answer: B. Point of sales

Q. 127   Multiple payment modes is available in POS invoicing.

    • Correct Answer: A. True

Q. 128   do you need to create point of sales invoice voucher to use it ?

    • Correct Answer: A. Yes

Q. 129   Where do you see cash and bank reports in tally prime ?

    • Correct Answer: A. Gateway of Tally > Display More Reports > Account Books > Cash/Bank Book(s)

Q. 130   Where do you see sales reports in tally prime ?

    • Correct Answer: A. Gateway of Tally > Display More Reports > Account Books > Sales Register

Q. 131   Where do you see purchase reports in tally prime ?

    • Correct Answer: B. Gateway of Tally > Display More Reports > Account Books > purchase Register

Q. 132   What are the tax/taxes levied on an intra-State supply ?

    • Correct Answer: C. CGST & SGST

Q. 133   Which of the following taxes have been subsumed in GST ?

    • Correct Answer: D. All of the above

Q. 134   GST is levied on supply of all goods and service except.....

    • Correct Answer: A. Alcoholic liquor for human consumption

Q. 135   GST is a comprehensive tax regime covering _________

    • Correct Answer: C. Both goods and services

Q. 136   GST Stands for

    • Correct Answer: C. Goods and Service Tax

Q. 137   GST is __________based tax on consumption of goods and services.

    • Correct Answer: B. Destination

Q. 138   What does 'I' Stands for in IGST ?

    • Correct Answer: C. Integrated

Q. 139   How many types of taxes will be in indian GST ?

    • Correct Answer: C. Four

Q. 140   Full form of TCS is ________

    • Correct Answer: D. Tax Collected at Source

Q. 141   Full form of TDS is _________

    • Correct Answer: D. Tax Deducted at Source

Q. 142   Stock category and stock group are same.

    • Correct Answer: B. False

Q. 143   What are the tax/taxes levied on an interState supply ?

    • Correct Answer: D. IGST

Q. 144   Income tax is a

    • Correct Answer: A. Direct tax

Q. 145   BOI consist of

    • Correct Answer: A. Individual only

Q. 146   Health & Education cess is

    • Correct Answer: C. 4%

Q. 147   Education allowance is exempted

    • Correct Answer: C. Rs. 100 per month up to 2 child

Q. 148   capital assets includes

    • Correct Answer: C. shares

Q. 149   Full form of STCG

    • Correct Answer: A. Short term capital gains

Q. 150   Income tax is levied on those individuals

    • Correct Answer: B. whose income is more than exempted limit in any previous year

Q. 151   Full form of LTCG

    • Correct Answer: A. Long term capital gains

Q. 152   TDS deduction entry can be made through

    • Correct Answer: B. Journal Voucher

Q. 153   Which option is used in Tally to close Company ?

    • Correct Answer: B. Shut Company

Q. 154   The structure in Indian GST model

    • Correct Answer: B. 4

Q. 155   In which voucher type credit purchase goods entry is posted in Tally?

    • Correct Answer: D. F9: Purchase

Q. 156   T.D.S. is not deducted on lottery income up total Amount

    • Correct Answer: A. 10,000

Q. 157   Latest version of tally is ______

    • Correct Answer: D. Tally Prime

Q. 158   Tax at source will be deducted on winnings from lotteries.

    • Correct Answer: A. 30 %

Q. 159   Which menu is used to create new ledgers, groups and voucher types in Tally?

    • Correct Answer: A. Masters

Q. 160   We can get the report of interest from

    • Correct Answer: A. Statements of Accounts

Q. 161   Goods returning to a Creditor after delivery but before bill we need to pass

    • Correct Answer: D. Rejection Out

Q. 162   To view list of all vouchers, which shortcut key is used in tally prime?

    • Correct Answer: C. F10

Q. 163   Which option is selected from Company Info Menu to divide company data into two financial years?

    • Correct Answer: A. Split Company Data

Q. 164   To zoom a print preview screen which short cut key is used?

    • Correct Answer: C. Alt+Z

Q. 165   During voucher entry in Tally Prime, which shortcut key is used to "Change Party Details"?

    • Correct Answer: C. Ctrl + Enter

Q. 166   To select a different company, you use:

    • Correct Answer: C. F3

Q. 167   During voucher entry, to toggle between Single Entry Mode and Double Entry Mode, which shortcut is used?

    • Correct Answer: B. Ctrl + H

Q. 168   In Tally Prime, the shortcut Alt + K is used for:

    • Correct Answer: A. Company Menu

Q. 169   In Tally Prime Day Book, which shortcut key is used to select (mark) a voucher entry?

    • Correct Answer: C. Space

Q. 170   Which shortcut in Tally Prime expands all levels of details in a report?

    • Correct Answer: B. Alt + F1

Q. 171   Cost Centers are used in Tally Prime to:

    • Correct Answer: A. Allocate expenses and incomes to specific departments/projects

Q. 172   In GST configuration, “Set/Alter GST Details” appears under:

    • Correct Answer: C. Both Ledger & Stock Item Screens

Q. 173   Which of the following allows maintaining stock at multiple locations?

    • Correct Answer: C. Enable Godown Feature

Q. 174   In Tally Prime, Outstanding Receivables and Payables can be seen under:

    • Correct Answer: C. Statements of Accounts

Q. 175   In Tally Prime, which voucher records depreciation on fixed assets?

    • Correct Answer: C. Journal Voucher

Q. 176   Debit Note is generally used for:

    • Correct Answer: B. Purchase Return

Q. 177   Which voucher type records advance received from a customer?

    • Correct Answer: C. Receipt Voucher

Q. 178   Which voucher type is used to record Goods Sent on Approval?

    • Correct Answer: A. Delivery Note

Q. 179   TDS on Commission in Tally Prime is created under which group?

    • Correct Answer: A. Duties & Taxes

Q. 180   Which feature must be enabled to use Payroll in Tally Prime?

    • Correct Answer: B. Enable Payroll in F11

Q. 181   Which payroll report in Tally Prime shows employee attendance and salary?

    • Correct Answer: A. Pay Sheet

Q. 182   Which statutory compliance is linked with employee salary in Tally Prime?

    • Correct Answer: B. PF & ESI

Q. 183   .Which option allows stock to be classified based on characteristics like "Raw Material, Finished Goods"?

    • Correct Answer: A. Stock Group

Q. 184   In Tally Prime, Godowns are also referred to as:

    • Correct Answer: B. Warehouses

Q. 185   In which scenario is BOM used in Tally Prime?

    • Correct Answer: C. For defining components of a finished product

Q. 186   Which report displays net profit or loss of the company?

    • Correct Answer: C. Profit & Loss A/c

Q. 187   Which voucher type is used to adjust outstanding expenses at year-end?

    • Correct Answer: A. Journal Voucher

Q. 188   Which stock feature allows assigning MRP and selling prices?

    • Correct Answer: A. Price List

Q. 189   In Tally Prime, when multiple price levels (e.g., Retail, Wholesale, Export) are enabled, they are linked with:

    • Correct Answer: C. Both Stock Item & Voucher Entry

Q. 190   TDS under Section 194BA is applicable on:

    • Correct Answer: B. Winnings from online games

Q. 191   Which shortcut is used to change the data entry language in Tally Prime?

    • Correct Answer: B. Ctrl + W

Q. 192   Which shortcut is used to split company data in Tally Prime?

    • Correct Answer: C. Alt + Y

Q. 193   Which shortcut is used to open Advanced Filter in Tally Prime?

    • Correct Answer: C. F7

Q. 194   Where can you view “Cheque Printing” option in Tally Prime?

    • Correct Answer: A. Gateway of Tally - Banking - Cheque Printing

Q. 195   Which option in Tally Prime is used to change the company financial year?

    • Correct Answer: A. Company Info - Alter

Q. 196   Interest Calculation in Tally Prime is enabled from:

    • Correct Answer: A. F11 - Accounting Features - Activate Interest Calculation

Q. 197   in Tally Prime how to adding Opening Balance in Cash?

    • Correct Answer: C. Alter >> Ledger

Q. 198   Where do you configure Manual numbering in Tally Prime?

    • Correct Answer: B. Gateway of Tally - Alter Voucher Type

Q. 199   Aggregate Turnover limit for GST registration in most states for goods is:

    • Correct Answer: B. 40 Lakhs

Q. 200   E-Way Bill is mandatory when the value of goods exceeds:

    • Correct Answer: B. 50,000

marsbahismarsbahis girişmarsbahis güncel girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişcasibomcasibom girişmarsbahismarsbahis girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişegebetegebet girişegebetegebet girişegebetegebet girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişcasibomcasibom girişbetparkbetpark girişbetparkbetpark girişbetparkbetpark girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahismarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahismarsbahismarsbahismarsbahis girişmarsbahismarsbahis girişmarsbahismarsbahis güncel girişmarsbahismarsbahismarsbahis