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Tally - Tally Set - 2 Online Exam Quiz

Important questions about Tally - Tally Set - 2. Tally - Tally Set - 2 MCQ questions with answers. Tally - Tally Set - 2 exam questions and answers for students and interviews.

eTCS means

Options

A : Enable Tax Collected at Source

B : Electronic Tax Collected at Source

C : Electric Tax Collected at Source

D : Electronic Tax Collected at Source

To get Payroll Reports choose

Options

A : Gateway of Tally > Display

B : Gateway of Tally > Display > Statement of Accounts

C : Gateway of Tally > Display > Statement of Payroll

D : Gateway of Tally > Display > Payroll Reports

BOM represents

Options

A : Billing of Machines

B : Bill of Materials

C : Bill of Maintenance

D : Bill of Materials

"Alias" represents

Options

A : Short name

B : Nick name

C : Code name

D : All of these

If we purchase any fixed asset in credit, we can pass it from

Options

A : Payment mode

B : Receipt mode

C : Purchase mode

D : Purchase mode

Transfer of materials from one godown to another godown, use

Options

A : Manufacturing Journal

B : Stock Journal

C : Purchase Journal

D : Stock Journal

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

Options

A : Journal

B : Stock Journal

C : Physical Stock

D : Physical Stock

Budget represents ________

Options

A : Estimation

B : Forecasting

C : Assumption

D : All of these

Find out which is not a Default Ledger in Tally

Options

A : Cash in Hand

B : Capital Account

C : Profit & Loss

D : Capital Account

The Profit & Loss statement can be displayed in ________ format(s).

Options

A : Horizontal

B : Vertical

C : A or B

D : A or B

Default ledger accounts in tally are ________

Options

A : Balance sheet, profit & loss and trial balance

B : Profit & loss and trial balance

C : Cash and profit & loss accounts

D : Cash and profit & loss accounts

Default 'godown' name in tally is ________

Options

A : Primary

B : Main location

C : A or b

D : Main location

'Tally vault' is a ________

Options

A : Security mechanism

B : Ledger a/c

C : Cost category

D : Security mechanism

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

Options

A : a name

B : an identity

C : A and B

D : A and B

In tally you get currency symbol option from ________ menu

Options

A : Company creation

B : Stock items units

C : Regional setting

D : Company creation

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

Options

A : Trial Balance

B : Day book

C : Balance Sheet

D : Day book

Which option lists inventory valuation method in tally

Options

A : Stock report

B : Stock journal

C : Stock analysis

D : Stock summary

How to activate the tally audit feature in a company

Options

A : Press F11 key

B : During the creation of a company

C : In comp info > security control-option

D : During the creation of a company

What is the predefined number of groups in tally

Options

A : 16

B : 28

C : 128

D : 28

Which of the following is used for voucher entry

Options

A : Ledger Account

B : Groups

C : Sub-Groups

D : Ledger Account

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