61. We can create customize field in Ex-NGN from ___ menu
- a) Setup Menu
- b) View
- c) Activities
- d) none of these
Answer: A - Custom fields (UDF - User Defined Fields) are created from Setup Menu → Custom Fields in Ex-NGN for additional data capture requirements.
62. What is the administrator password of this software?
- a) Manager
- b) User Defined Password
- c) admin
- d) Blank Enter
Answer: C - The default administrator password for the software is "admin". It is recommended to change this after first login for security purposes.
63. What is the extension name of backup file?
- a) .BAK
- b) .ABF
- c) .MCF
- d) .SDF
Answer: C - The backup file extension is .MCF (Master Company File), which contains the complete backup of company data in Tally.
64. Which company developed this software?
- a) Busy Infotech
- b) Eastern Data Product Pvt. Ltd.
- c) Tata Consultancy Services
- d) Excell Infocom Pvt. Ltd.
Answer: C - Tally Solutions (formerly Tata Consultancy Services) developed Tally ERP 9 and Tally Prime accounting software.
65. Which of the following group is not created by default?
- a) Asset
- b) Direct Expenses
- c) Liabilities
- d) Income
Answer: B - Direct Expenses group is NOT created by default in Tally. Asset, Liabilities, and Income groups are part of the 28 default groups.
66. Which option controls the task list of a new user and password?
- a) Security Control
- b) Security Rights Grouping
- c) User Manager
- d) New User Allocation
Answer: C - User Manager controls the task list, user creation, password management, and access rights allocation for new users in Tally.
67. Which option should be used for offline bill adjustment?
- a) Adjust Open Debit and Credit
- b) Voucher Allocation
- c) Offline Bill Adjustment
- d) None of these
Answer: A - 'Adjust Open Debits and Credits' option is used for offline bill adjustment, allowing manual adjustment of outstanding bills without online integration.
68. WTD is related with _______ voucher mode.
- a) Contra Voucher
- b) Withdrawals
- c) Bank Transfer
- d) Voucher Allocation
Answer: B - WTD (Withdrawal) is related to Withdrawals voucher mode, used for recording cash or bank withdrawal transactions.
69. You have to create standard narration__________
- a) Press Ctrl + R
- b) Setup > Narration
- c) Press F2
- d) None of these
Answer: B - Standard narration is created through Setup menu → Narration path in Tally, allowing predefined narratives for voucher entries.
70. What is the full form of MCP?
- a) Multiple Cash Payment
- b) Multiple Cheque Payment
- c) Many Cash Payment
- d) None of these
Answer: A - MCP stands for Multiple Cash Payment, a voucher type used for recording multiple cash payment transactions in a single entry.
71. If you paid Rent is cash then which voucher type should be use?
- a) SCP
- b) SBP
- c) MCP
- d) MBP
Answer: C - For cash rent payment, MCP (Multiple Cash Payment) voucher type should be used as it records cash payment transactions.
72. How Many Types Of Company We Can Maintain?
Answer: B - We can maintain 2 types of companies in Tally: Accounts Only company and Accounts with Inventory company.
73. If You Want To Change The View Of Voucher Type, Using By__________
- a) Name of Class
- b) Voucher type Alter
- c) From Day Book
- d) From Ledger list
Answer: B - To change the view of voucher type, use Voucher Type Alter option to modify voucher appearance and configuration.
74. Maintain Payroll Is Under__________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: A - Maintain Payroll option is enabled under F1 (Accounting Features) where payroll activation and configuration settings are available.
75. ERP Stands For__________
- a) Electricity Resources Plant
- b) Enterprises Resources Part
- c) Enterprises Resources Planning
- d) None Of These
Answer: C - ERP stands for Enterprise Resource Planning, a type of software that integrates various business functions into a single system.
76. Payroll Voucher Is__________
- a) Ctrl + F4
- b) Alt + F4
- c) Shift + F6
- d) NONE
Answer: A - Ctrl + F4 is the shortcut key to open Payroll Voucher in Tally for recording salary payments, employee attendances, and payroll-related entries.
77. Find Out Which Is Not Default Ledger Account?
- a) Cash in Hand
- b) Capital A/c
- c) Profit & Loss A/c
- d) None of these
Answer: D - All of the above (Cash in Hand, Capital A/c, Profit & Loss A/c) are default ledger accounts in Tally. So 'None of these' is correct as all are default.
78. How Many Years Maximum Supports In Tally?
- a) 1 years
- b) 2 years
- c) 4 years
- d) 6 years
Answer: A - Tally supports financial data for maximum 1 year (12 months) in a single company file, after which new company needs to be created.
79. Enable MCA Report Is Under__________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: C - Enable MCA (Ministry of Corporate Affairs) Report option is available under F3 (Company Features) → Statutory & Taxation.
80. If The Financial Year 1st April 2015 And The Books Beginning From 1st January 2016, Then What Will Be The Closing Date?
- a) 31st March 2014
- b) 31st March 2015
- c) 31st January 2016
- d) 31st March 2016
Answer: B - Financial Year runs from 1st April 2015 to 31st March 2016. Since books begin from 1st January 2016, the closing date remains 31st March 2016 (end of financial year).