181. Closing Stock Ledger is defined under________
- a) Loan(Liability)
- b) Stock-in-hand
- c) Suspense a/c
- d) Secured Loans
Answer: B - Closing Stock Ledger is defined under Stock-in-hand group in Tally/Ex-NGN.
182. Columns Dialog Box 2003 can be opened from________
- a) Format menu, Columns submenu
- b) Double click on column space in ruler
- c) Press Alt + O + C
- d) All of these
Answer: D - Columns dialog box can be opened through all these methods in MS Word 2003.
183. company any features invoked by pressing________
- a) F11
- b) F12
- c) alt + F12
- d) Alt + F11
Answer: A - F11 is used to invoke Company Features in Tally for configuration settings.
184. Copy and Xcopy are same in the sense________
- a) Both are internal commands of DOS
- b) Both are external commands of DOS
- c) Both can be used to copy file or group of files
- d) Both a and b
Answer: C - Both Copy and Xcopy commands are used to copy files or groups of files in DOS.
185. Create Companyoption Is Under________
- a) DISPLAY
- b) COMPANY INFO.
- c) NONE OF THESE
- d) GATEWAY OF TALLY
Answer: B - Create Company option is available under COMPANY INFO menu (Alt+F3 from Gateway of Tally).
186. Cst Stands For________
- a) Central Sales Tax
- b) Corporate System Of Tax
- c) Central Service Tax
- d) None Of These
Answer: A - CST stands for Central Sales Tax, a tax on inter-state sales of goods.
187. Currency Symbol Arise Automatic________
- a) TRUE
- b) FALSE
- c) BOTH
- d) NONE
Answer: A - TRUE - Currency symbol appears automatically based on company configuration in Tally.
188. Default font size in MS word is________
Answer: B - Default font size in MS Word is 11 points (Calibri body).
189. Delivery Note Voucher________
- a) Alt + F8
- b) F4
- c) Alt + F6
- d) F5
Answer: A - Alt + F8 is the shortcut key for Delivery Note voucher in Tally.
190. During Stock Journal Can We Display Stock Status?
- a) YES
- b) NO
- c) BOTH
- d) NONE
Answer: A - YES - Stock status can be displayed during Stock Journal entry in Tally.
191. Duties & Taxes Is The Name Of________
- a) Ledger
- b) Group
- c) Reports
- d) Features
Answer: B - Duties & Taxes is a predefined group in Tally for tax ledgers.
192. E.C.C Is________
- a) Excise Control Code
- b) Electronic Contol Code
- c) Excise Commissioner Code
- d) NONE
Answer: A - ECC stands for Excise Control Code, a registration number for excise purposes.
193. Enable Excise Duty Is Under________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: C - Enable Excise Duty is under F3 (Statutory & Taxation Features) in Tally.
194. Enable Fringe Benefit Tax Option Is Under________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: C - Enable Fringe Benefit Tax (FBT) is under F3 (Statutory & Taxation Features) in Tally.
195. Enable Mca Report Is Under________
- a) F1
- b) F2
- c) F3
- d) NONE
Answer: C - Enable MCA (Ministry of Corporate Affairs) Report is under F3 (Statutory & Taxation Features).
196. Erp Stands For________
- a) Electricity Resourses Plant
- b) Enterprises Resourses Part
- c) Enterprises Resourses Planning
- d) None Of These
Answer: C - ERP stands for Enterprise Resource Planning, integrated management software.
197. Excise Duty Is Two Types________
- a) TRUE
- b) FALSE
- c) BOTH
- d) NONE
Answer: A - TRUE - Excise Duty has two types: Basic Excise Duty and Special Excise Duty.
198. Ex-NGN does support maximum financial duration of a company ________
- a) 12 months
- b) 18 months
- c) 24 months
- d) None of these
Answer: B - Ex-NGN supports maximum financial duration of 18 months for a company.
199. From under which group you have to create sundry creditors subgroup?
- a) Current Liabilities
- b) Assets
- c) Liablilities
- d) Fixed assets
Answer: A - Sundry Creditors is created under Current Liabilities group in Tally.
200. From which Menu you can create charges________
- a) Edit
- b) Activities
- c) Setup
- d) View
Answer: C - Charges are created from Setup menu in Ex-NGN.
201. We Can Display Income & Expenditure Statement Instead Of P/L A/C.
- a) TRUE
- b) FALSE
- c) BOTH
- d) NONE
Answer: A - TRUE - Income & Expenditure statement can be displayed instead of P&L A/c for non-trading concerns.
202. Allow Component List Details (Bill Of Materials) Option Is Activated For________
- a) Ledger
- b) Cost Centre
- c) Stock Item
- d) Stock Group
Answer: C - BOM (Bill of Materials) is activated for Stock Items in Tally.
203. Allow Zero Valued Entries Feature Is Exist In _________ Feature.
- a) Inventory & Statutory
- b) Accounting & Inventory
- c) Accounting & Statutory
- d) Inventory & Tally.Net
Answer: B - Allow Zero Valued Entries is available under both Accounting Features (F1) and Inventory Features (F2).
204. 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 components for manufacturing.
205. Enabled Cheque Printing Is Exist Under ________ Feature.
- a) Inventory feature
- b) Accounting feature
- c) Statutory & Taxation
- d) Tally.Net feature
Answer: B - Enable Cheque Printing is available under Accounting Features (F1) in Tally.