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CFAS QUESTION

1. From which menu you will see budget variance statement?
a) Setup
b) View
c) Activities
d) Reports
Answer: D

2. Transfer the cash from one bank to another bank, which voucher should be use?
a) Contra voucher
b) One Db/Cr
c) Bank Transfer
d) Many Db/Cr
Answer: C


3. _______ is used to display Trading Account of your company.
a) Prepare Trading Account
b) Integrate Accounts & Inventory
c) Profit & Loss Layout
d) Balance Sheet Layout
Answer: A

4. The full form of ROP is________.
a) Sales Return
b) Return of Purchase
c) Return of Payment
d) None of these
Answer: B

5. Which company developed this software?
a) Busy Infotech
b) Eastern Data Product Pvt. Ltd.
c) Tata Consultancy Services
d) Excell Infocom Pvt. Ltd.
Answer: C

6. From under which group you have to create sundry debtors subgroup?
a) Assets
b) Current assets
c) Liablilities
d) Fixed assets
Answer: B

7. How to activate inclusion of zero balance ledger in opening trial balance?
a) Master > Chart of Accounts > GL
b) Setup > Chart of Accounts
c) Company > Options > General
d) None of these
Answer: C

8. Opening Net Profit balance should be enter in________.
a) Profit & Loss - Current Year
b) Profit & Loss - Previous Year
c) Profit & Loss A/c
d) Opening Balance PL A/c
Answer: B

9. Cash withdrawan from Bank'- the document type we use to pass this entry is________.
a) Cash Deposit
b) Bank Deposit
c) Cash Transfer
d) Cash Withdrawal
Answer: D


10. List Of Optional Vouchers Will Display From________.
a) Account Books
b) Exception Reports
c) Statement of Accounts
d) Statement of Inventory
Answer: B

11. Maintain Payroll Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: A

12. Create Company option Is Under________.
a) DISPLAY
b) COMPANY INFO.
c) NONE OF THESE
d) GATEWAY OF TALLY
Answer: B

13. Enabled Cheque Printing Is Exist Under ________. Feature.
a) Inventory feature
b) Accounting feature
c) Statutoty & Taxation
d) Tally.Net feature
Answer: B

14. If You Want To Change The View Of Voucher Type, Using By________.
a) Name of Class
b) Voucher type Alter
c) From Day Book
d) From Ledger list
Answer: A

15. Payroll Autofill Button Is________.
a) Alt + A
b) CTRL + B
c) SHIFT + B
d) NONE
Answer: A

16. From Gateway Of Tally If We Can Press Alt + F1 Means________.
a) Shut Company
b) Edit Company
c) Delete Company
d) Change Period
Answer: A


17. Enable Value Added Tax Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: C

18. Maintain Billwise Details Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: A

19. Enable Tax Deducted At Source Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: C

20. Follow Excise Rules For Invoicing Is Under________.
a) F11
b) F10
c) F3
d) NONE
Answer: C

21. Maintain Multiple Godowns Feature Activated From________.
a) F11
b) F11 > F1
c) F11 > F2
d) F11 > F3
Answer: B


22. Alt + F10 Is Used For ________.
a) Physical Stock Voucher
b) Optional Voucher
c) Journal Voucher
d) Post Dated Voucher
Answer: A

23. How Many Years Maximum Supports In Tally?
a) 1 years
b) 2 years
c) 4 years
d) 6 years
Answer: A

24. Maintain Cost Center Is Under________.
a) F10
b) F2
c) F1
d) NONE
Answer: C

25. Enable Tax Collected At Source Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: C

26. Tracking Number Displays On ________. Voucher.
a) Receipt voucher
b) Receipt Note
c) Purchase order
d) Sales order
Answer: B

27. If You Want To Create Blank Value Voucher, Then Activate________.
a) Blank valued entries
b) Zero valued entries
c) Null valued entries
d) Amount does not allow
Answer: B


28. Mailing Name Arise Automatic________.
a) TRUE
b) FALSE
c) NONE
d) BOTH
Answer: A

29. Inventory Means________.
a) LEDGER
b) GODOWN
c) NONE OF THESE
d) STOCK
Answer: D

30. How Many Types Of Company Password________.
a) 2
b) 3
c) 4
d) 5
Answer: A

31. Professional Version wise Tally can be classified into ________types.
a) 2 types
b) 3 types
c) 4 types
d) 5 types
Answer: A

32. Find Out Which Is Not Default Ledger Account?
a) Cash in Hand
b) Capital A/c
c) Profit & Loss A/c
d) None of these
Answer: B

33. How many bank ledger can be selected in Multiple Bank Payment Document________.
a) 1
b) 2
c) Unlimited
d) None of these
Answer: A

34. From which option you have to pass cash withdrawal entry?
a) Receipts
b) Deposits
c) Payments
d) Withdrawal
Answer: D

35. From which button you can rectify voucher entry?
a) new
b) Edit
c) Delete
d) None
Answer: B


36. How to setup tax register in your company?
a) Accounts Info > Voucher Type
b) Masters > Chart of Accounts > GL
c) Setup > Register Columns
d) Setup > Chart of Accounts
Answer: C

37. From which menu you have to create register column?
a) company
b) Edit
c) Setup
d) Activities
Answer: C

38. To display the Daybook in Ex-NGN________.
a) Ledger Menu
b) Balance Sheet Group
c) Trial Balance
d) Transaction List
Answer: D

39. The shortcut key to open Enter Document window is________.
a) F2
b) F6
c) F12
d) F10
Answer: C

40. Which of the following is not a sub-document type of purchase________.
a) Purchase Local Credit
b) Purchase
c) Credit Note
d) Both (2) &(3)
Answer: C

41. Which stock valuation by default used in Ex-NGN?
a) Weighted Average Method
b) Moving Weighted Average method
c) FIFO method
d) LIFO method
Answer: A

42. What is the administrator password of this software?
a) Manager
b) User Defined Password
c) admin
d) Blank Enter
Answer: C

43. How to use another user when your company is activated?
a) Close Company
b) Log Off
c) Shut Company
d) None of these
Answer: B

44. How many types of Excise?
a) 2 types
b) 4 types
c) 6 types
d) 8 types
Answer: A


45. If You Want To Use Import And Export System Which Feature Should Be Used?
a) Company feature
b) Company configuration
c) Company Info
d) None of these
Answer: B

46. Form 16a Is A Statement Of Tds Which Is Applied For________.
a) Salaried person
b) Non Salaried person
c) Director
d) Managing Director
Answer: B

47. Physical Stock Journal Voucher________.
a) Alt + F10
b) Alt + F4
c) F6
d) Shift + F5
Answer: A

48. If The Financial Year 1st April 2015 And The Books Beginning From 1st January 2016,Then What Will Be The Closing Date?
a) 31st March 2014
b) 31st March 2013
c) 31st January 2013
d) 31st January 2014
Answer: B

49. PAN stands For________.
a) Permanent Account Number
b) Personal Account Number
c) Permanent Account Notification
d) None Of These
Answer: A

50. Hsn Stands For________.
a) Human System Of Nomenclature
b) Harmonised System Of Nomenclature
c) Harmonished Situation Of Nomenclature
d) None Of These
Answer: B

51. How Many Types Of Company We Can Maintain________.
a) 1
b) 2
c) 3
d) 4
Answer: B

52. Ltu Is Stands For________.
a) Local Tax Unit
b) Large Tax Payer Unit
c) Last Tax Unit
d) None of these
Answer: B

53. How Many Default Account Groups In Tally?
a) 10 groups
b) 20 groups
c) 28 groups
d) 36 groups
Answer: C


54. Mention The Shortcut Key For Contra Voucher________.
a) F1
b) F2
c) F3
d) F4
Answer: D

55. Manufacturing Journal should be create based on________.
a) Physical Stock Voucher
b) Stock Journal
c) Memo. Voucher
d) Journal Voucher
Answer: B

56. From which menu will you take your data restoration?
a) Edit
b) Setup
c) Activities
d) Company
Answer: D

57. Mention the default user of Ex-Next Generation________.
a) Manager
b) User Defined Field
c) admin
d) ADMIN
Answer: C

58. Which option should be used for offline bill adjustment?
a) Adjust Open Debit and Credit
b) Voucher Allocation
c) Offline Bill Adjustent
d) None of these
Answer: A

59. CRN' stands for________.
a) Debit Note
b) Credit Note
c) Currency Note
d) customize Note
Answer: B

60. Trial Balance views are 2 types. These are________.
a) Opening and Closing
b) Standard and Opening
c) Standard and Comparative
d) Simple and Compound
Answer: B

61. From which menu you have to create custom field?
a) Setup
b) Activities
c) View
d) Company
Answer: A

62. 1st Generation of Computer were based on usage of________.
a) I.C
b) Microprocessor
c) Chips
d) Vacum Tube
Answer: D


63. CD.. command is used for________.
a) Goto Root Directory
b) Goto Parent Directory
c) Goto Child Directory
d) Goto Sub Directory
Answer: B

64. An Error in Software or Hardware is called a Bug. What is an alternative computer jargon for it?
a) Leech
b) Squid
c) Slug
d) Glitch
Answer: D

65. The control unit of a microprocessor________.
a) Stores data in the memory
b) Accepts input data from keyboard
c) Performs arithmetic/logic function
d) None of above
Answer: D

66. A Computer assisted method for the Recording and Analyzing of existing or Hypothetical Systems is________.
a) Data Transmission
b) Data Flow
c) Data Capture
d) Data Processing
Answer: B

67. DropCap means________.
a) All Caps
b) Small Caps
c) Small Caps
d) None of these
Answer: D

68. After typing header text, how can you quickly enter footer text?
a) Press PageDown key and type the text for footer
b) Click on Switch between Heder & Footer then type the text
c) Both of these
d) None of these
Answer: B

69. To insert a Drop Cap in one of the paragraphs, you should access________.
a) Insert
b) References
c) PageLayout
d) None of these
Answer: A

70. A character that is raised above the baseline and is smaller in size is known as________.
a) Outlined
b) Raised
c) Superscript
d) Subscript
Answer: C

71. Dropcap is used on ?
a) Text
b) Sentenece
c) Paragraph
d) Word
Answer: C


72. What happens when you click on Insert --> Clip Art?
a) It inserts a Clipart Picture into a Document
b) It lets you choose Clipart to insert into a Document
c) It opens Clip Art taskbar
d) None of above
Answer: C

73. To display the vat report in Tally you will go in________.
a) Got->Display->Inventory Report
b) Got->Display->Inventory report->Vat reports
c) Got->Display->statutory Report->vat reports
d) Got->inventory reports->vat reports
Answer: C

74. Company Restore option is available in________.
a) Company feature
b) Configuration
c) Company Info
d) Gateway of Tally
Answer: C

75. Shortcut key 'F8' is used for________.
a) Enable VAT
b) Sales Entry
c) Purchase Entry
d) Contra Entry
Answer: B

76. Supplier Invoice No will display in ________.
a) Payment Voucher
b) Receipt Voucher
c) Journal Voucher
d) Purchase Voucher
Answer: D

77. Vat Stands for________.
a) Value Add Tax
b) Value added Tax
c) Value all Tax
d) None of these
Answer: A

78. To delete a Voucher________.
a) Alt + X
b) Alt + D
c) Ctrl + D
d) None of these
Answer: B

79. Use Actual & Billed Qty. Option Is Under________.
a) F1
b) F2
c) F3
d) F4
Answer: B


80. payment is an________.
a) accounting voucher
b) inventory voucher
c) optional voucher
d) accounting and inventory voucher
Answer: A

81. Which option controls the task list of a new user and password?
a) Security Control
b) Security Rights Grouping
c) User Manager
d) New User Allocation
Answer: C

82. The key to Invoke Analysis Category________.
a) F2
b) F4
c) F11
d) F7
Answer: D

83. If you paid Rent is cash then which voucher type should be use?
a) SCP
b) SBP
c) MCP
d) MBP
Answer: A

84. Payroll Voucher Is________.
a) Ctrl + F4
b) Alt + F4
c) Shift + F6
d) NONE
Answer: A

85. Maintain Budgets And Control Is Under________.
a) F1
b) F2
c) F1 & F2 BOTH
d) NONE
Answer: A

86. Allow Zero Valued Entries Feature Is Exist In ________. Feature.
a) Inventory & Satutory
b) Accounting & Inventory
c) Accounting & Statutory
d) Inventory & Tally.Net
Answer: B

87. From which menu you will take your backup data?
a) Setup
b) Company
c) Edit
d) Activities
Answer: B

88. Which option help you to shut currently opened company?
a) Shut Company
b) Close Company
c) Log Off
d) Deactivate Company
Answer: B

89. Full form of scp________.
a) simple cash payment
b) Single cash payment
c) Simple cash purchase
d) none of these
Answer: B

90. The default A/C type of Sundry Debtors Ledger is________.
a) Income
b) Asset
c) Liabilities
d) Customer
Answer: D

91. Check the odd term out________.
a) Internet
b) Linux
c) Unix
d) Windows
Answer: A


92. By Edit Command, we can________.
a) Modify any file
b) Create any file
c) Both of these
d) Delete any file
Answer: C

93. Computer is an _______ device.
a) Eltron
b) Proton
c) Eletric
d) Electronic
Answer: D

94. Portrait and Landscape are________.
a) Page Orientation
b) Page Size
c) Alignment
d) Style
Answer: A

95. MRP stands for________.
a) Minimum return price
b) maximum rate price
c) maximum retail price
d) maximum rebate price
Answer: C

96. Company location in Tally________.
a) C:\TALLY
b) C:\TALLY\DATA
c) C:\TALLY\COMPANY
d) NONE OF THESE
Answer: B

97. GOT stands for________.
a) Gateway of Tally
b) Gotway of tally
c) Got of tally
d) God of Tally
Answer: A

98. BOM stands for ________. 
a) Bunch of Materials
b) Bill of Manufacturing
c) Book of Materials
d) Bill of Materials
Answer: D

99. Stock Summary is viewed from________.
a) Accounting features
b) Inventory features
c) Gateway of Tally
d) None of these
Answer: C

100. For online Modification in Tally you will press________.
a) Alt + Enter
b) Ctrl + Enter
c) Shift + Enter
d) Ctrl + Shift + Alt + Enter
Answer: B

101. Receipt Note Voucher_________
a) Alt + F9
b) F4
c) F6
d) Alt + F5
Answer: A

102. Receipts And Payments Accounts Is Under_________
a) Display
b) Ratio Analysis
c) Cash/Bank Books
d) Statements Of Inventory
Answer: A


103. Shortcut key of Item_________
a) CTRL + U
b) CTRL + I
c) CTRL + A
d) CTRL + M
Answer: B

104. Shortcut key of log off_________
a) CTRL + G
b) CTRL + I
c) CTRL + A
d) CTRL + M
Answer: A

105. Shortcut key of log on_________
a) CTRL + I
b) CTRL + L
c) CTRL + A
d) CTRL + G
Answer: B

106. Shortcut key of use company_________
a) CTRL + O
b) CTRL + A
c) CTRL + B
d) CTRL + M
Answer: A

107. Shortcut key of user manager_________
a) CTRL + U
b) CTRL + I
c) CTRL + B
d) CTRL + G
Answer: A

108. Tally Show Current Day Of Transaction_________
a) TRUE
b) FALSE
c) NONE
d) BOTH
Answer: A

109. 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

110. 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

111. The extension of the backup file of Ex-NGN_________
a) .bkp
b) .inf
c) .mcf
d) .bak
Answer: C


112. The shortcut key for Chart of accounts is_________
a) Ctrl + A
b) Ctrl + B
c) Ctrl + C
d) Ctrl + D
Answer: A

113. The shortcut key for customize Narration Creation is_________
a) Ctrl + T
b) Ctrl + N
c) Ctrl + R
d) Ctrl + F1
Answer: A

114. Trading A/C Can Not Display In Tally_________
a) TRUE
b) FALSE
c) NONE
d) BOTH
Answer: B

115. We Can Display All Memorandum Voucher From_________
a) Display
b) Ratio Analysis
c) Exception Reports
d) Statements Of Inventory
Answer: C

116. We Can Set Voucher Numbering Manualy_________
a) 1
b) 0
c) Both
d) None
Answer: A

117. What is the extension name of backup file?
a) .BAK
b) .ABF
c) .MCF
d) .SDF
Answer: C

118. Which file starts MS Word?
a) Winword.exe
b) word.exe
c) word2003.exe
d) 2007.exe
Answer: A

119. Which of the following is internal memory?
a) Disks
b) Pen Drives
c) RAM
d) CDs
Answer: C


120. Which option is not viewed under Gateway of Tally ?
a) Accounts Info
b) Inventory Info
c) Day Book
d) Stock Summary
Answer: C

121. Which option is used to maintain departental transactions?
a) Cost Centres
b) Vector Master
c) Analysis Category
d) Document Class
Answer: C

122. Which report will display computed Interest amount?
a) Statement of Accounts
b) Account Reports
c) Reports
d) Account Books
Answer: B

123. Which report will display the list of voucher entries?
a) Day Book
b) Transaction List
c) Voucher List
d) List of Vouchers
Answer: B

124. Which was the computer conceived by Babbage?
a) Analytical Engine
b) Arithmetic Machine
c) Donald Kunth
d) All of the above
Answer: A

125. While creating Sales Voucher the Party's name is a type of________
a) sundry debtor
b) sundry creditors
c) bank a/c
d) propertier
Answer: A

126. From which menu you can insert Header and Footer?
a) Edit
b) Insert
c) View
d) Home
Answer: B

127. From which menu you have to create analysis catagories?
a) Edit
b) Setup
c) Activities
d) Company
Answer: B

128. From which menu you will take your data restoration?
a) Edit
b) Setup
c) Activities
d) Company
Answer: D


129. From which option will you be able to see all transaction reports?
a) Transaction list
b) Account reports
c) Customer reports
d) Supplier reports
Answer: A

130. How many bank ledgers can be selected in Multiple Bank Payment Document?
a) 1
b) 2
c) Unlimited
d) None of these
Answer: A

131. How many characters are supported in shortname name?
a) 2 characters
b) 3 characters
c) 4 characters
d) 5 characters
Answer: B

132. How many companies at most would be supported by Demo version of ExNGN?
a) 2 Companies
b) 4 Companies
c) 8 Companies
d) Unlimited Companies
Answer: A

133. How many default ledger accounts are there in Ex-NGN?
a) 2
b) 3
c) 4
d) None of these
Answer: B

134. How many different positions can you set for Drop Cap?
a) 1
b) 2
c) 4
d) 6
Answer: B

135. How many options are available for payment voucher mode?
a) 2 types
b) 4 types
c) 6 types
d) 8 types
Answer: B

136. How many Sub-document types are there in Receipt Document?
a) 1
b) 2
c) 3
d) 4
Answer: D

137. How many Tabs are there in a Ribbon of MS Word ?
a) 7
b) 8
c) 9
d) 10
Answer: B


138. How many types of Page Orientation are there in MS-Word?
a) 1
b) 2
c) 3
d) 4
Answer: B

139. How many types of Paragraph Alignment are there in MS Word?
a) 1
b) 2
c) 3
d) 4
Answer: D

140. How many ways you can save a document?
a) 3
b) 4
c) 5
d) 6
Answer: A

141. If you want to search any masters (e.g - Item List, Voucher Entry etc.), which option will be use?
a) Display menu
b) Search Records
c) Smart Finder
d) Data Finding option
Answer: C

142. In Gateway Of Tally Company Name Display_______
a) TRUE
b) FALSE
c) BOTH
d) NONE
Answer: A

143. In Gateway Of Tally Current Period Does Not Display_______
a) TRUE
b) FALSE
c) BOTH
d) NONE
Answer: B

144. In MS-Word, By default we get _________ number of Columns
a) 4
b) 2
c) 1
d) 3
Answer: C

145. JOURNAL VOUCHER_________
a) F7
b) F4
c) F6
d) F5
Answer: A

146. Memory Unit is a part of_________
a) Input device
b) Control unit
c) Output device
d) Central Processing Unit
Answer: D

147. Mention The Purpose Of "Alt+F7" While Creating Voucher_________
a) Payment Entry
b) Journal Entry
c) Stock Journal
d) Delete the Voucher
Answer: C

148. One of the Important components of first generation computer was_________
a) Transistors
b) Vacuum tubes
c) Integrated Circuit
d) Capacitor
Answer: B


149. PAN No. Is 10 Digits_________
a) TRUE
b) FALSE
c) Unlimited
d) Zero Value with District Code
Answer: A

150. PLC is stands for _________
a) Permanent Ledger List
b) Permanent Local Cheque
c) Purchase Local - Cash/Cheque
d) None of these
Answer: C

151. Book beginning from means________
a) The date from which company starts to maintain its accounts
b) The date from which company starts to maintain its ledger.
c) The date from which company starts to maintain its accounts closing balance.
d) The date from which company starts to maintain its financial debtors balance.
Answer: A

152. Borders can be applied to________
a) Cells
b) Paragraph
c) Text
d) All of above
Answer: D

153. C Form Is Issued For________
a) TDS
b) Service Tax
c) CST
d) VAT
Answer: C

154. CAD Stands for________
a) Computer Aided Design
b) Computer Algorithm for Design
c) Computer Application in Design
d) All of the above
Answer: A

155. Capacity of 3.5 inch floppy is________
a) 1.44 MB
b) 1.54 MB
c) 2 MB
d) 1.44 GB
Answer: A

156. Cash & Fund Flow Option Is Under________
a) Gateway Of Tally
b) Statements Of Accounts
c) Display
d) NONE
Answer: C

157. Cash withdraw for personal use the entry should be pass through________
a) payment mode
b) receipt mode
c) journal mode
d) contra mode
Answer: A

158. CD-ROM stands for________
a) Compactable Read Only Memory
b) Compact Data Read Only Memory
c) Compactable Disk Read Only Memory
d) Compact Disk Read Only Memory
Answer: D

159. Central Processing Unit is a Combination of________
a) Control and Storage
b) Control and Output unit
c) Arithmetic Logic and Input unit
d) Arithmetic Logic and Control unit
Answer: D


160. Changing the appearance of a document is called________
a) Proofing
b) Editing
c) Formatting
d) All of above
Answer: C

161. Closing Stock Ledger is defined under________
a) Loan(Liability)
b) Stock-in-hand
c) Suspense a/c
d) Secured Loans
Answer: B

162. 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

163. company any features invoked by pressing________
a) F11
b) F12
c) alt + F12
d) Alt + F11
Answer: A

164. 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

165. Create Companyoption Is Under________
a) DISPLAY
b) COMPANY INFO.
c) NONE OF THESE
d) GATEWAY OF TALLY
Answer: B

166. Cst Stands For________
a) Central Sales Tax
b) Corporate System Of Tax
c) Central Service Tax
d) None Of These
Answer: A

167. Currency Symbol Arise Automatic________
a) TRUE
b) FALSE
c) BOTH
d) NONE
Answer: A

168. Default font size in MS word is________
a) 10
b) 11
c) 12
d) 14
Answer: B

169. Delivery Note Voucher________
a) Alt + F8
b) F4
c) Alt + F6
d) F5
Answer: A

170. During Stock Journal Can We Display Stock Status?
a) YES
b) NO
c) BOTH
d) NONE
Answer: A

171. Duties & Taxes Is The Name Of________
a) Ledger
b) Group
c) Reports
d) Features
Answer: B


172. E.C.C Is________
a) Excise Control Code
b) Electronic Contol Code
c) Excise Commissioner Code
d) NONE
Answer: A

173. Enable Excise Duty Is Under________
a) F1
b) F2
c) F3
d) NONE
Answer: C

174. Enable Fringe Benefit Tax Option Is Under________
a) F1
b) F2
c) F3
d) NONE
Answer: C

175. Enable Mca Report Is Under________
a) F1
b) F2
c) F3
d) NONE
Answer: C

176. Erp Stands For________
a) Electricity Resourses Plant
b) Enterprises Resourses Part
c) Enterprises Resourses Planning
d) None Of These
Answer: C

177. Excise Duty Is Two Types________
a) TRUE
b) FALSE
c) BOTH
d) NONE
Answer: A

178. 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

179. From under which group you have to create sundry creditors subgroup?
a) Current Liabilities
b) Assets
c) Liablilities
d) Fixed assets
Answer: A

180. From which Menu you can create charges________
a) Edit
b) Activities
c) Setup
d) View
Answer: C

181. We Can Display Income & Expenditure Statement Instead Of P/L A/C. 
a) TRUE
b) FALSE
c) BOTH
d) NONE
Answer: A

182. Allow Component List Details (Bill Of Materials) Option Is Activated For________
a) Ledger
b) Cost Centre
c) Stock Item
d) Stock Group
Answer: C

183. Allow Zero Valued Entries Feature Is Exist In _________ Feature.
a) Inventory & Satutory
b) Accounting & Inventory
c) Accounting & Statutory
d) Inventory & Tally.Net
Answer: B


184. BOM stands for _________ .
a) Bunch of Materials
b) Bill of Manufacturing
c) Book of Materials
d) Bill of Materials
Answer: D

185. Enabled Cheque Printing Is Exist Under ________ Feature.
a) Inventory feature
b) Accounting feature
c) Statutoty & Taxation
d) Tally.Net feature
Answer: B

186. Maintain Multiple Godowns Feature Activated From_______
a) F11
b) F11 > F1
c) F11 > F2
d) F11 > F3
Answer: B

187. Scenarios Option Related With _________ Feature.
a) Maintain Budgets and Controls
b) Use Reversing Journals and optional Voucher
c) Maintain Scenarios system
d) Activate Scenarios and Budget system
Answer: B

188. Tracking Number Displays On ________ Voucher.
a) Receipt voucher
b) Receipt Note
c) Purchase order
d) Sales order
Answer: B

189. ______ System Helps To Copy The Data From One Company To Another Company.
a) Export data
b) Copy data
c) Import data
d) Data migration
Answer: C

190. _______ key is used to change the financial period.
a) Alt + F1
b) Alt + F2
c) Alt + F3
d) Alt + F4
Answer: B

191. _______ option helps to re-arrange the folder toolbar.
a) Options
b) Edit Toolbar
c) Customize
d) Configuration
Answer: C

192. ________ Feature Helps To Display Trading Account.
a) Integrate Accounts & Inventory
b) Integrate Accounts & Statutory
c) Integrate Inventory & Statutory
d) Integrate Accounts only
Answer: A


193. 1 Nibble equals to________
a) 8 bits
b) 16 bits
c) 4 bits
d) 5 bits
Answer: C

194. Allow Multi Currency Option Is Under________
a) F1
b) F2
c) F3
d) NONE
Answer: A

195. A Computer can not boot if it does not have a ________?
a) Loader
b) Compiler
c) OS
d) Assembler
Answer: C

196. A Computer consists of_______
a) A Central Processing Unit
b) A Memory
c) Input and Output Unit
d) All of the above
Answer: D

197. Activate Interest Calculation Option Is Under________
a) F12
b) F11->F2
c) F11->F1
d) None
Answer: C

198. Activate Interset Calculation Option Is Under_______
a) F12
b) F2
c) F1
d) NONE
Answer: C

199. Allow Sales Order Processing Is Under_______
a) F2
b) F10
c) F2
d) NONE
Answer: C

200. Allow Zero Valued Entris Is Under_______
a) F1
b) F2
c) F1 & F2 BOTH
d) F3
Answer: C

201. Alt + F10 Is Used For ____________.
a) Physical Stock Voucher
b) Optional Voucher
c) Journal Voucher
d) Post Dated Voucher
Answer: A

202. ALT + F7 is used for _____________.
a) Stock Journal
b) Physical Stock Voucher
c) Sales Voucher
d) Memorandum Voucher
Answer: A


203. Alt + F2 Shortcut Is Used For________
a) Change Period
b) Company Creation
c) Accounting Vouchers
d) Display
Answer: A

204. Alter means in Tally______
a) Delete
b) Delete and Modification
c) Modification
d) None of these
Answer: B

205. Analysis Category does support a maximum of _______ levels.
a) 2 levels
b) 5 levels
c) 7 levels
d) 9 levels
Answer: B

206. ASCII stands for________
a) American Stable Code for International Interchange
b) American Standard Case for Institutional Interchange
c) American Standard Code for Information Interchange
d) American Standard Code for Interchange Information
Answer: C

207. Attendance Voucher Is_______
a) Alt + F5
b) Shift + F5
c) Ctrl + F5
d) NONE
Answer: C

208. Autotext is under________
a) Home
b) Data
c) View
d) Insert
Answer: D

209. Backup Option Is Under________
a) COMPANY INFO.
b) GATEWAY OF TALLY
c) DISPLAY
d) NONE OF THESE
Answer: A


210. Bank Reconciliation Is Invoke To Use Of________
a) F2
b) F3
c) F4
d) F5
Answer: D



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