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VMACE Students Corner
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Q1. Tally 9 can work in _______ environment. a. Business b. Stock c. Network d. Forex VMACE Q2. VAT stands for _____________ a. Value added time b. Value added tax c. Value after tax d. Value and tax Q3. Tally audit is a feature of ___ a. Auditing b. Error finding c. Track changes d. All Q4. Select company option is used for ___________ a. Find company b. Change company c. Load company d. None Q5. Shortcut key to shut a company. a. Alt+f4 b. Alt+f1 c. Alt+f6 d. None Q6. Which is a option of company features menu. a. Select b. Open c. Quit d. Tax deducted at source Q7. Which features can not be modified if the features has been used. a. Multi-currency b. Multi-locations c. Both d. None Q8. Which features can be modifited if the features has been used. a. Cost centers b. Bill wise detals c. Both d. None Q9. Backup option requires ___ a. Source b. Destination c. Company d. All Q10. Restore option requires ___ a. Source b. Destination c. Company d. All Q11. Primary Groups of Capital Nature is- a. Capital Account b. Current Assets c. Deposits d. All Q12. Which is not a method for calculation of DD. a. Duty based on itmes b. Additional Duty c. On total sales d. All Q13. Shortcut key to delete an account. a. Alt+D b. Ctrl+d c. Ctrl+x d. Alt+x Q14. Shortcut key to assess getway of tally. a. Ctrl+g b. Ctrl+M c. Ctrl+w d. None Q15. Which is not a type of loan. a. Secured Loan b. Unsecured Loan c. Both d. None Q16. Example of cost Centers is a. Departments of an organisation b. Products of a company. c. Individuals d. All Q17. Which information is required to create a cost centre. a. Name b. Alias c. Under d. All Q18. In Invoice mode, Purchases can be allocated to Cost Centres only when _____________ a. Cost Centre classes are used b. Voucher is used c. Cost centre template is used d. None Q19. If freight bellong to the group Direct Expensed, the amount will be apportioned by a. Quantity b. Amount c. Value d. None Q20. Which is a allocation method. a. No Appropriation b. Apportioned by quantity c. Apportioned by value d. All Q21. which is not of voucher: a. Business b. Contra c. Payment d. Receipt Q22. Shortcut key to voucher alteration is. a. Ctrl+a b. Ctrl+b c. Ctrl+c d. Alt+c Q23. Shortcut key for The Euro-4€ currency. a. Alt+0125 b. Alt+0128 c. Ctrl+Alt+124 d. Alt+148 Q24. Which currency symbol can be created from keyboard. a. Dollar b. Rs. c. Both d. None Q25. Which information is not required for Rates of Exchange? a. Date b. Selling rate c. Buying rate d. None Q26. Selling rate is your selling rate used for... a. Receipt voucher entry where you receive foreign exchange. b. Receipt voucher entry where you sell foreign exchange. c. Selling rate of currency d. None Q27. Buying Rate is your buying rate used in......? a. Payment vouchers b. Rate of currency buying c. Receipt voucher entry where you sell foreign exchange d. None Q28. From the Multi Stock Category Creation screen, you can create which Masters. a. Groups b. Items c. Godown d. All Q29. Which fields requires for Stock Category Creaion screen. a. Name b. Under c. Units d. All Q30. Shortcut to skip details. a. F8 b. F6 c. F1 d. F5 Q31. Which point to be considered while deciding the reorder levels?. a. The lead-time for suppliers to deliver the stock. b. The delivery time specified by the customer c. The stock-in-hand to satisfied orders in the meantime.. d. All Q32. Parameter required for Recorder Level. a. Period b. Criteria c. Rounding Method d. All Q33. What are the main types of Voucher. a. Accounting Voucher b. Inventory Voucher c. Both d. None Q34. Which is not a type of sales voucher. a. Sales Orders b. Sales Vouchers/Invoices c. Delivery notes d. None Q35. Which is not a type of Purchase Voucher. a. Purchase Orders b. Purchase Vouchers c. Good receipt Notes d. None Q36. Which is a type of Journal Voucher. a. Credit Notes b. Debit Notes c. Journal d. All Q37. Contra Entry is a transaction indicating transfer of funds from : a. A Cash account to Bank account b. Bank account to Cash account c. Bank account to Bank account d. All Q38. Synchronization is the .........of data between two or more location. a. replication b. copy c. backup d. all Q39. Which format is supported by tally for import. a. XLS b. XML c. HTML d. DHTML Q40. Which format is used by tall to export. a. Ascii b. Html c. XML d. All Q41. Which option is not available In print configuration screen. a. Printer b. No of copies c. Languages d. Style Q42. Ledger Analysis is similar........ a. Movement analysis b. transfer analysis c. Inventory Analysis d. F5 Q43. Which is a Seller for TCS. a. Central Government b. State Government c. Any Local Authority d. All Q44. Which is a buyer for TCS. a. Public Sector Companies b. Central Government c. State Government d. All Q45. VAT stands for.... a. Value added time b. Value added tax c. Value and time d. Value and tax Q46. Features of VAT in Tally is. a. Printing of Tax invoice b. VAT computation report c. Better Vat-returns management d. All Q47. The Ledgers that are affected by VAT is: a. Purchase Ledger b. Sales Ledger c. Duties and Taxes Ledger d. All Q48. Which is not a pay head type. a. Earning for Employees b. Deduction from employees c. Employees Statutory deductions d. None Q49. A Unit in Tally Payroll is similar to the Unit of Measure in ..... module. a. Tally's Payroll b. Tally's Inventory c. Both d. None Q50. .Payroll voucher is used to record Employees'.........related transactions. a. Payroll b. Loan c. Advance d. None Q51. A single payroll voucher can be used to pass entries for upto.........employees efciently. a. 100 b. 1000 c. 10 d. None Q52. which option is a available in Configuration options in: Pay Slip. a. show vertical payslip b. show employee detail c. show passport detail d. all Q53. Which is not Statutory Complaince Capabilities in Tally.ERP9. a. Value Added Tax(VAT) b. Service Tax c. Tax Deducted at Source(TDS) d. None Q54. Which is a feature of tally erp9. a. Flexible units of Measure b. Flexible Invoicing c. StockQuery d. All Q55. Which is a feature of financial management.. a. Fund Flows b. Receivables Turnover c. Branch Accounting d. All Q56. Shortcut key to close a company. a. Alt+f1 b. Alt+f5 c. Alt+f7 d. none Q57. Shortcut key to export. a. Alt+X b. Ctrl+T c. Alt+E d. Ctrl+E |