107. From which menu you will take your backup data?
- a) Setup
- b) Company
- c) Edit
- d) Activities
Answer: B - Backup data is taken from Company menu under Company Info > Backup Company in Tally/Ex-NGN.
108. Which option help you to shut currently opened company?
- a) Shut Company
- b) Close Company
- c) Log Off
- d) Deactivate Company
Answer: B - Close Company option (Alt+F1) shuts the currently opened company in Tally/Ex-NGN.
109. Full form of scp________.
- a) simple cash payment
- b) Single cash payment
- c) Simple cash purchase
- d) none of these
Answer: B - SCP stands for Single Cash Payment voucher used for cash payments in Ex-NGN.
110. The default A/C type of Sundry Debtors Ledger is________.
- a) Income
- b) Asset
- c) Liabilities
- d) Customer
Answer: D - Sundry Debtors ledger has default account type 'Customer' for tracking receivables from customers.
111. Check the odd term out________.
- a) Internet
- b) Linux
- c) Unix
- d) Windows
Answer: A - Linux, Unix, and Windows are operating systems, while Internet is a global network, not an OS.
112. By Edit Command, we can________.
- a) Modify any file
- b) Create any file
- c) Both of these
- d) Delete any file
Answer: C - Edit command in DOS allows both creating new files and modifying existing files.
113. Computer is an _______ device.
- a) Eltron
- b) Proton
- c) Eletric
- d) Electronic
Answer: D - Computer is an electronic device that processes data using electronic circuits and components.
114. Portrait and Landscape are________.
- a) Page Orientation
- b) Page Size
- c) Alignment
- d) Style
Answer: A - Portrait (vertical) and Landscape (horizontal) are page orientation options in MS Word and printers.
115. MRP stands for________.
- a) Minimum return price
- b) maximum rate price
- c) maximum retail price
- d) maximum rebate price
Answer: C - MRP stands for Maximum Retail Price, the highest price at which a product can be sold to consumers.
116. Company location in Tally________.
- a) C:\TALLY
- b) C:\TALLY\DATA
- c) C:\TALLY\COMPANY
- d) NONE OF THESE
Answer: B - Company data files are stored in C:\TALLY\DATA directory by default in Tally.
117. GOT stands for________.
- a) Gateway of Tally
- b) Gotway of tally
- c) Got of tally
- d) God of Tally
Answer: A - GOT is the abbreviation for Gateway of Tally, the main menu screen in Tally.
118. BOM stands for ________.
- a) Bunch of Materials
- b) Bill of Manufacturing
- c) Book of Materials
- d) Bill of Materials
Answer: D - BOM stands for Bill of Materials, listing all components and quantities needed to manufacture a product.
119. Stock Summary is viewed from________.
- a) Accounting features
- b) Inventory features
- c) Gateway of Tally
- d) None of these
Answer: C - Stock Summary is viewed from Gateway of Tally > Display > Inventory Reports > Stock Summary.
120. For online Modification in Tally you will press________.
- a) Alt + Enter
- b) Ctrl + Enter
- c) Shift + Enter
- d) Ctrl + Shift + Alt + Enter
Answer: B - Ctrl + Enter is used for online modification of vouchers and masters in Tally.
121. Receipt Note Voucher_________
- a) Alt + F9
- b) F4
- c) F6
- d) Alt + F5
Answer: A - Alt + F9 is the shortcut key for Receipt Note voucher in Tally for recording goods receipt.
122. Receipts And Payments Accounts Is Under_________
- a) Display
- b) Ratio Analysis
- c) Cash/Bank Books
- d) Statements Of Inventory
Answer: A - Receipts and Payments Account is viewed under Display > Cash/Bank Books > Receipts & Payments.
123. Shortcut key of Item_________
- a) CTRL + U
- b) CTRL + I
- c) CTRL + A
- d) CTRL + M
Answer: B - Ctrl + I is the shortcut key to create or display Item/Stock Item masters in Tally.
124. Shortcut key of log off_________
- a) CTRL + G
- b) CTRL + I
- c) CTRL + A
- d) CTRL + M
Answer: A - Ctrl + G is the shortcut key for Log Off in Tally/Ex-NGN to switch users.
125. Shortcut key of log on_________
- a) CTRL + I
- b) CTRL + L
- c) CTRL + A
- d) CTRL + G
Answer: B - Ctrl + L is the shortcut key for Log On in Tally/Ex-NGN to login as a user.
126. Shortcut key of use company_________
- a) CTRL + O
- b) CTRL + A
- c) CTRL + B
- d) CTRL + M
Answer: A - Ctrl + O is the shortcut key to select and use a company in Tally/Ex-NGN.
127. Shortcut key of user manager_________
- a) CTRL + U
- b) CTRL + I
- c) CTRL + B
- d) CTRL + G
Answer: A - Ctrl + U is the shortcut key to open User Manager in Tally/Ex-NGN.
128. Tally Show Current Day Of Transaction_________
- a) TRUE
- b) FALSE
- c) NONE
- d) BOTH
Answer: A - Tally displays the current day/date of transaction by default in voucher entries and reports.
129. The budget variance statement provides the details_________
- a) opening balance
- b) % of Budget Variance
- c) Amt.of Budget Variance
- d) Both (2) &(3)
Answer: D - Budget Variance Statement shows both percentage and amount variance between actual and budgeted figures.
130. The default A/c type for a party ,who is both the debtor and creditor of the company_________
- a) Customer_supplier
- b) Customer
- c) Supplier
- d) None of these
Answer: A - Customer_supplier is the default account type for parties who are both debtors and creditors.