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Tally MCQ

Satyam Jaiswal
25th Nov, 2021

We are introducing here the best Tally MCQ Questions and Answers, which are very popular & cover the latest and important topics of Tally Accounting. This Tally MCQ Test contains Top 25+ Tally Accounting Multiple Choice Questions, so practice these questions to check your final preparation for Tally Accounting Exams, Interviews & Placement Drives.

Practice Best Tally Accounting MCQ Questions;

1) What is TAN?

A. Tax Assign Number
B.Tax Absorb Number
C.Tax Account Number
D.Tax Assessment Number

2) Tally package is developed by

A. Microsoft
B.Tally Solutions
C.Apple Software
D.Adobe Software

3) The shortcut key to quit from Tally is

A. Ctrl + P
B.Ctrl + M
C.Ctrl + Q
D.Ctrl + L

4) To change Current Date from Gateway of Tally press the key

A. F1
B.F2
C.F3
D.F4

5) BOM represents are ________

A. Billing Of Machine
B.Bill Of Materials
C.Billing Of Machines
D.Bill Of Maintenance

6) F12 is known as ________

A. Tax
B.Company Features
C.Company Configuration
D.Accounting Features

7) What is the full form of MRP?

A. Minimum Retail Price
B.Maximum Retail Price
C.Market Price
D.Marginal Price

8) The shortcut used to activate calculator is ________

A. Ctrl + A
B.Ctrl + C
C.Ctrl + N
D.Ctrl + V

9) ETCS stand for

A. Enable Tax Collected at Source
B.Electric Tax Collected at Source
C.Electronic Tax Collected at Source
D.Electronic Tax Collection at Source

10) To activate MRP features from Gateway of Tally initially we need to press

A. F3
B.F10
C.F11
D.F12

11) Find out which is not a Default Ledger in Tally

A. Cash in Hand
B.Capital Account
C.Profit and Loss
D.None of them

12) To see any report in detailed way, press

A. F3
B.Alt + F1
C.Alt + F2
D.Alt + F3

13) To print a voucher from Tally we need to press

A. Ctrl + P
B.Shift + P
C.Alt + P
D.Ctrl + Alt + P

14) Function key for selecting payment voucher is

A. F5
B.F6
C.F9
D.F11

15) F10 is the short key for _______

A. Memo
B.Receipt
C.Purchase
D.Payment

16) For ‘stock journal’ entry we press _______

A. F7
B.F10
C.F11
D.Alt + F7

17) The shortcut used for Sales Order is ________

A. Alt + F4
B.Alt + F5
C.Alt + F7
D.Alt + F8

18) Adjustment entries can be entered in

A. Sales voucher
B.Contra voucher
C.Journal voucher
D.Purchase voucher

19) Who is the founder of Tally?

A. James Lopez
B.Lerdrof
C.Kempton
D.Shyam Sunder Goenka

20) What is the full form of Tally?

A. Transactions Allowed in a Linear Yards
B.Transactions Allowed in a Linear Line Year
C.Transactions Allowed in a Linear Line Yards
D.Transactions Accounting in a Linear Line Yards

21) Which of the following tax is not subsumed in Gst?

A. VAT
B.Entry Tax
C.Stamp Duty
D.Entertainment Tax

22) Which menu appears after starting Tally for the first time ?

A. Display
B.Gateway of Tally
C.Company Info
D.None of them

23) What is the full of TCS?

A. Tax Collected by Staff
B.Tax Collected from Sales
C.Tax Collected at Source
D.Tax Consumption at Source

24) What is the function of Tally Vault?

A. Cost category
B.Security Mechanism
C.Ledger account
D.Company Configuration

25) The latest version of tally

A. tally 6.3
B.tally 7.2
C.tally 8.1
D.tally 9.0

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