DFAS Exam MCQs | Youth Computer Diploma in Financial Accounting Practice Questions Set-4

Advance your Diploma in Financial Accounting System (DFAS) preparation with comprehensive multiple-choice questions covering web browser shortcuts, sorting orders, accounting reports, manufacturing entries, stock adjustments, VAT types, Tally features, and internet fundamentals.

Web Shortcuts Sorting Orders Accounting Reports Manufacturing Stock Management VAT Types Tally Features

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61. Shortcut of Web page Refresh is______

  • a) F4
  • b) F5
  • c) F6
  • d) F7
Answer: B - F5 is the universal shortcut key to refresh or reload a web page in most browsers.

62. 'Sorting' order relates to which of the following ?

  • a) Uppercase and Lowercase
  • b) Uppercase and Propercase
  • c) Ascending and Descending
  • d) None of These
Answer: C - Sorting refers to arranging data in either Ascending (small to large/A to Z) or Descending (large to small/Z to A) order.

63. The ___ option allow us to map the ledger codes to the currently highlighted group in layout report.

  • a) Map Ledger
  • b) Defined Ledger
  • c) P/L Layout
  • d) B/S Layout
Answer: A - Map Ledger option is used to assign ledger codes to a highlighted group in layout reports.

64. The production Formula for the manufacturing entry is pass using______

  • a) Memo
  • b) Inventory issue
  • c) Finishned goods received
  • d) None of These
Answer: A - Manufacturing entries are passed using Memo voucher in accounting software.

65. The selected design template can be applied______

  • a) To current slide only
  • b) To all the slides
  • c) To all the new presentation you create
  • d) All of above
Answer: D - In PowerPoint, design templates can be applied to current slide, all slides, or set as default for new presentations.

66. To see the listing of the output come in a different Window the command______

  • a) List Off
  • b) Browse
  • c) Modify Structure
  • d) None of These
Answer: B - BROWSE command in Visual FoxPro displays records in a separate interactive window.

67. Trial balance option you will get from______

  • a) Tools Menu
  • b) Reports Menu
  • c) Entry Menu
  • d) Utility Menu
Answer: B - Trial Balance is a financial report and is accessed from the Reports Menu in accounting software.

68. Uses of Internet______

  • a) Communication
  • b) Information Retrieval
  • c) Presentation of information
  • d) All of the above
Answer: D - The internet is used for communication (email, chat), information retrieval (search engines), and presenting information (websites).

69. We Can Adjust Stock Level Using______

  • a) Stock Journal
  • b) Physical Stock Journal
  • c) Journal
  • d) None Of These
Answer: B - Physical Stock Journal is used to adjust stock levels after physical verification.

70. We Can Display All Post Dated Voucher From______

  • a) Exception Reports
  • b) Ratio Analysis
  • c) Exception Reports
  • d) Statements Of Inventory
Answer: A - Post-dated vouchers can be viewed from Exception Reports in accounting software.

71. We Can Display Balance Sheet As Per Schedule Vi______

  • a) TRUE
  • b) FALSE
  • c) BOTH
  • d) NONE
Answer: A - TRUE - Accounting software can display Balance Sheet as per Schedule VI of Companies Act.

72. We can display the related options with purchase register under Purchase Entry ______

  • a) Purchase Order
  • b) D/O (GRN)
  • c) Invoice
  • d) All of these
Answer: D - Purchase register includes Purchase Order, Delivery Note/GRN, and Purchase Invoice options.

73. We can show bill wise details of Debtors and Creditors by activating______

  • a) Bill by Bill
  • b) Maintain Bill wise details
  • c) Activate Bill Referances
  • d) Activate Bill Details
Answer: B - "Maintain Bill wise details" option enables tracking of debtors and creditors on per-bill basis.

74. We can use Profit/Loss Layout from ____ option from.

  • a) Master Menu
  • b) Account Menu
  • c) Ledger Menu
  • d) None of these
Answer: A - Profit/Loss Layout is accessed from the Master Menu in accounting software.

75. We have to use Input VAT and Output VAT in _________ type of VAT.

  • a) Regular VAT
  • b) Composition VAT
  • c) Composition to Regular
  • d) CENVAT
Answer: A - Input VAT and Output VAT concepts apply to Regular VAT scheme where credit can be claimed.

76. what does the .com domain represent?

  • a) education domain
  • b) commercial domain
  • c) network
  • d) Browser
Answer: B - .com represents commercial domain, originally intended for commercial businesses.

77. What is required for activating Tally.Net Remote access?

  • a) Tally.Net password
  • b) Tally.Net Username & password
  • c) Tally admin username & password
  • d) Tally vault password
Answer: B - Tally.Net Remote access requires both Tally.Net username and password for authentication.

78. What is the default cost category name of Tally?

  • a) Primary Cost Category
  • b) Primary Category
  • c) Primary Cost Centres
  • d) Primary Centres
Answer: A - The default cost category in Tally is named "Primary Cost Category".

79. What is the full Form of GRN?

  • a) Goods Receipt Note Number
  • b) General Reserve No.
  • c) Goods Return Note no.
  • d) None Of These
Answer: A - GRN stands for Goods Receipt Note, a document acknowledging receipt of goods from supplier.

80. Which feature should be activated as 'Credit Limit' option?

  • a) Maintain Budgets and Controls
  • b) Maintain Bill wise details
  • c) Use Purchase Invoice format
  • d) None of these
Answer: A - Credit Limit feature is activated under "Maintain Budgets and Controls" in Tally.
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