141. From Gateway Of Tally If We Press Alt + F1 Means________
- a) Shut Company
- b) Edit Company
- c) Delete Company
- d) Change Period
Answer: A - Alt + F1 from Gateway of Tally is the shortcut key to Shut Company (close the current company).
142. Transfer the cash from one bank to another bank, which voucher should be use?
- a) Contra voucher
- b) One Db/Cr
- c) Bank Transfer
- d) Many Db/Cr
Answer: C - Bank Transfer voucher is used to transfer cash/amount from one bank account to another bank account.
143. Demo Version of Ex-NGN maximum supports________
- a) 2 Companies
- b) 4 Companies
- c) 8 Companies
- d) Unlimited Companies
Answer: A - Demo version of Ex-NGN supports maximum 2 companies for trial and evaluation purposes.
144. The shortcut key for Chart of accounts is________
- a) Ctrl + A
- b) Ctrl + B
- c) Ctrl + C
- d) Ctrl + D
Answer: A - Ctrl + A is the shortcut key for Chart of Accounts in Tally, displaying all ledgers and groups.
145. Shortcut key of Item________
- a) CTRL + U
- b) CTRL + I
- c) CTRL + A
- d) CTRL + M
Answer: B - Ctrl + I is the shortcut key for Item/Stock Item master in Tally.
146. Full form of MBP________
- a) Multiple Bank payable
- b) Multiple Bank Payment
- c) Multiple Bank Purchase
- d) none of these
Answer: B - MBP stands for Multiple Bank Payment, a feature allowing payments through multiple bank accounts in a single transaction.
147. How many characters does support in shortname name?
- a) 2 characters
- b) 3 characters
- c) 4 characters
- d) 5 characters
Answer: B - Shortname in Tally supports up to 3 characters maximum for quick identification and reference.
148. How to use another user when your company is activated?
- a) Close Company
- b) Log Off
- c) Shut Company
- d) None of these
Answer: B - To switch to another user when company is activated, use Log Off option (Gateway of Tally → Log Off).
149. Opening Net Profit balance should be enter in________
- a) Profit & Loss - Current Year
- b) Profit & Loss - Previous Year
- c) Profit & Loss A/c
- d) Opening Balance PL A/c
Answer: B - Opening Net Profit balance is entered in Profit & Loss - Previous Year ledger, carrying forward closing balance from previous financial year.
150. From which Menu you can create voucher entry?
- a) Setup
- b) Edit
- c) Activities
- d) View
Answer: C - Voucher entries are created from Activities menu (Gateway of Tally → Accounting Vouchers → select voucher type).
151. The type of WBST tax class system in Ex-NGN________
- a) SST
- b) VAT
- c) CST
- d) Both (a) or (b)
Answer: A - In Ex-NGN, the WBST tax class system uses SST (Single Sales Tax) as the tax classification type.
152. 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.
153. 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.
154. The default A/C type of Sundry Debtors Ledger is________
- a) Income
- b) Asset
- c) Liabilities
- d) Customer
Answer: D - The default A/C type of Sundry Debtors Ledger is Customer, as it represents parties who owe money to the business.
155. 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.
156. Maintain Billwise Details Option Is Under________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: A - Maintain Billwise Details option is enabled under F1 (Accounting Features) → Bills Payable/Receivable configuration.
157. ________ Feature Helps To Display Trading Account.
- a) Integrate Accounts & Inventory
- b) Integrate Accounts & Statutory
- c) Integrate Inventory & Statutory
- d) Integrate Accounts only
Answer: A - Integrate Accounts & Inventory feature helps to display Trading Account showing gross profit/loss calculation.
158. Mailing Name Arise Automatic________
- a) TRUE
- b) FALSE
- c) NONE
- d) BOTH
Answer: A - Mailing Name is automatically generated (TRUE) in Tally based on the ledger name for correspondence purposes.
159. Enable Value Added Tax Option Is Under________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: C - VAT is enabled under F3 (Company Features) in the Statutory & Taxation section for states where VAT applies.
160. Professional Version Wise Tally Can Be Classified into _________ Types.
- a) 2 types
- b) 3 types
- c) 4 types
- d) 5 types
Answer: A - Professional version wise, Tally is classified into 2 types: Tally ERP 9 and Tally Prime.
161. Activate Interest Calculation Option Is Under________
- a) F12
- b) F2
- c) F1
- d) NONE
Answer: C - Activate Interest Calculation option is enabled under F1 (Accounting Features) → Interest Calculation configuration.
162. Enable Excise Duty Is Under________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: C - Enable Excise Duty option is available under F3 (Company Features) → Statutory & Taxation → Excise Details.
163. 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).
164. Mention The Shortcut Key For Contra Voucher________
- a) F1
- b) F2
- c) F3
- d) F4
Answer: D - F4 is the shortcut key for Contra Voucher, used for bank-to-bank transfers, cash deposits into bank, and cash withdrawals from bank.
165. Attendance Voucher Is________
- a) Alt + F5
- b) Shift + F5
- c) Ctrl + F5
- d) NONE
Answer: C - Ctrl + F5 is the shortcut key for Attendance Voucher in Tally for recording employee attendance.