41. What is the shortcut key to duplicate a voucher in Tally?
- a) Alt + D
- b) Alt + X
- c) Alt + 2
- d) Ctrl + D
Answer: C - Alt + 2 is used to duplicate a voucher in Tally ERP 9/Prime. This creates a copy of the current voucher for quick entry.
42. Which option is used to set minimum and maximum stock levels?
- a) Stock Groups
- b) Stock Categories
- c) Godowns
- d) Stock Items
Answer: D - Stock Items configuration allows setting minimum and maximum stock levels, reorder quantity, and reorder levels in Tally.
43. The shortcut key to export reports in Tally is________.
- a) Alt + E
- b) Ctrl + E
- c) Alt + X
- d) Ctrl + X
Answer: A - Alt + E is the shortcut key to export reports in Tally to formats like PDF, Excel, HTML, or XML.
44. Which voucher is used to record manufacturing journal entries?
- a) Journal Voucher
- b) Purchase Voucher
- c) Stock Journal Voucher
- d) Sales Voucher
Answer: C - Stock Journal Voucher is used to record manufacturing transactions, transfer of raw materials to production, and finished goods receipt.
45. What is the full form of BOM in inventory management?
- a) Bill of Materials
- b) Bank of Materials
- c) Batch of Materials
- d) Balance of Materials
Answer: A - BOM stands for Bill of Materials, which lists all raw materials, components, and quantities required to manufacture a finished product.
46. Which function key is used to change the financial period in Tally?
- a) F1
- b) F2
- c) F3
- d) F4
Answer: B - F2 is used to change the financial period/date range in Tally ERP 9 and Tally Prime.
47. The shortcut key to split the screen in Tally Prime is________.
- a) Ctrl + H
- b) Alt + S
- c) Ctrl + S
- d) Alt + W
Answer: A - Ctrl + H is the shortcut key to split the screen horizontally in Tally Prime for multi-tasking and comparison.
48. Which report shows the movement of stock items with quantity and value?
- a) Stock Summary
- b) Stock Journal
- c) Stock Transfer Report
- d) Stock Voucher
Answer: A - Stock Summary report displays the movement of stock items including opening balance, inward, outward, and closing balance with quantity and value.
49. How can you view the ratio analysis report in Tally?
- a) Gateway > Reports > Ratio Analysis
- b) Gateway > Display > Ratio Analysis
- c) Gateway > Statements > Ratio Analysis
- d) Gateway > Balance Sheet > Ratio Analysis
Answer: B - Ratio Analysis is available under Gateway of Tally > Display > Ratio Analysis showing financial ratios like current ratio, quick ratio, ROI, etc.
50. What is the purpose of 'Keep Balance' in Tally?
- a) To maintain minimum cash balance
- b) To restrict voucher entry beyond available balance
- c) To calculate interest on balances
- d) To show closing balance
Answer: B - 'Keep Balance' feature restricts users from entering vouchers that exceed the available balance in cash/bank ledgers.
51. Which voucher is used to record credit note for sales return?
- a) Debit Note
- b) Credit Note
- c) Sales Voucher
- d) Journal Voucher
Answer: B - Credit Note is issued to customers for sales return, reducing the outstanding receivable from the customer.
52. The shortcut key to view the calculator in Tally is________.
- a) Ctrl + N
- b) Alt + N
- c) Ctrl + C
- d) Alt + C
Answer: B - Alt + N opens the built-in calculator in Tally for quick calculations without leaving the current screen.
53. Which feature allows you to restrict users from viewing sensitive reports?
- a) Security Control
- b) Password Protection
- c) User Management
- d) Access Control
Answer: A - Security Control in Tally allows administrators to set user-wise access permissions for reports, vouchers, and masters.
54. What is the maximum number of cost centers that can be created in Tally?
- a) 100
- b) 500
- c) 1000
- d) Unlimited
Answer: D - Tally allows creation of unlimited cost centers for detailed profit center accounting and departmental analysis.
55. Which option is used to print duplicate copy of an invoice?
- a) Alt + P
- b) Ctrl + P
- c) F12
- d) Alt + F5
Answer: A - Alt + P opens the print configuration window where you can print original or duplicate copies of invoices and reports.
56. The shortcut key to view the ledger accounts is________.
- a) Alt + G
- b) Alt + L
- c) Ctrl + L
- d) Ctrl + G
Answer: B - Alt + L is the shortcut key to directly view ledger accounts and their balances in Tally Prime.
57. Which report displays all transactions related to a particular ledger?
- a) Day Book
- b) Ledger Vouchers
- c) Account Book
- d) Transaction Report
Answer: B - Ledger Vouchers report displays all voucher entries affecting a specific ledger account with date, value, and narration.
58. How can you enable GST in an existing company?
- a) F1 > Statutory > GST
- b) F3 > Statutory > GST
- c) F11 > F3 > Statutory > GST
- d) F12 > Statutory > GST
Answer: C - GST is enabled through F11 (Features) > F3 (Statutory & Taxation) > Set Yes for Enable Goods and Services Tax (GST).
59. What is the purpose of 'Re-order level' in inventory?
- a) Maximum stock to be maintained
- b) Minimum stock level that triggers purchase
- c) Average stock level
- d) Closing stock value
Answer: B - Re-order level is the minimum stock level at which a new purchase order must be placed to replenish inventory before it runs out.
60. Which shortcut key is used to change the voucher numbering method?
- a) F11
- b) F12
- c) Alt + F11
- d) Alt + F12
Answer: B - F12 (Configure) allows changing voucher numbering methods like automatic, manual, or reset numbering per financial year.