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Past Papers TALLY ERP Solved Questions Answers
1. Tracking number is used in -------------transaction?
Stock item (Answer)
Cash
Bank
All of above
2. Which of the following information is must to create a company?
Name of the company & Sales Tax No
Name of the company & Financial year (Answer)
Name of the company & Income Tax No
All of above
3. ------------ is the function key for changing date?
F3
F1
F2 (Answer)
F4
4. In tally 5.4 ------------- option is available for maintaining Accounts?
Inventory only
Accts-with-Inv
Account only (Answer)
All are (Answer)
5. Limit on single payments is available for--------------?
Only Groups
Group& Ledger
Only ledger Accounts
None of the above (Answer)
6. -------------is a Reserved group which goes to liabilities?
Sundry deb
Investment
Capital A/C (Answer)
Fixed Asset
7. Term loans & other medium /long -term loans comes under ----------Group?
Current liability
Loans & Advances (Answer)
Secured Loan
Unsecured Loan
8. Reports come under exception reports?
Optional Vouchers
Memorandum Vouchers
Negative stock (Answer)
All of Above
9. Alias is ------------?
To change group name
Type of Ledger
Simple mechanism to call an account by another name (Answer)
Type of Group
10. Trial Balance contains ----------- balance of all accounts?
Closing
Only credit
Opening (Answer)
None of Above