Question - 1
Single Entry mode is applicable for ___?
Payment Voucher
Contra Voucher
Receipt Voucher
All the above
Answer- D
Question - 2
_____ denotes increase in money.
Asset
Credit
Debit
None of the above
Answer- B
Question - 3
Sales Tax Ledger falls under which Group?
Duties and Taxes
Purchases
Sales
None of these
Answer- A
Question - 4
Income Tax number of the company will appear in which report?
Proft and Loss Account
Reminder Letter
Check book
Payment voucher
Answer- D
Question - 5
From where we can get List of Optional Voucher ?
Accounts Books
Exceptional Reports
Balance Sheet
Cash Bank Books
Answer- B
Question - 6
Goods returning to a Creditor after challan but before bill we need to pass
Rejection Out
Rejection In
Debit Note
None of the above
Answer- A
Question - 7
Transfer from Main Cash to Petty Cash you require to pass Which voucher?
Contra
Payment
Receipt
None of these
Answer- A
Question - 8
the Financial year from__?
1st March of any year
1st April of any year
1st May of any year
1st Jan of any year
Answer- B
Question - 9
Input Vat Ledger is created under which account?
Duties and Taxes
Sales Return
Sales
None of the above
Answer- A
Question - 10
Branch / Division is a group defined under
Income
Assets
Expenditure
Liabilities
Answer- D
Question - 11
What is the full form of TCS?
Tax Consumption at Source
Tax Collected at Source
Tax collected from Sales
None of these
Answer- B
Question - 12
Suspense Account Group is defined under
Liabilities
Expenditure
Assets
sales
Answer- A
Question - 13
Tax Assignment Number
Tax Assessment Number
Tax Account Number
Tax Assets Number
Answer- B
Question - 14
What is the utility of Tally Vault Password?
It will not shows the company name in the company select list
It will lock all voucher entries for that company
It will lock the period of company
All the above
Answer- A
Question - 15
To hide the name of the Company you need to define
Conventional Voucher
Unconventional Voucher
Report Voucher
Both A & C
Answer- B
Question - 16
Service Tax Report can be seen from
Display > Statutory Reports
Display > Statutory Masters
Display > Account Books
Display > Day Book
Answer- A
Question - 17
Company Restore option is available in
Company Features
Company Information
Configuration
Both A &C
Answer- B
Question - 18
We can see Working Capital figure changing
Voucher configuration
Ledger configuration
Balance Sheet configuration
Profit & Loss configuration
Answer- C
Question - 19
TDS deduction entry can be made through
Receipt Voucher
Payment Voucher
Journal voucher
None of these
Answer- C
Question - 20
Electronic Tax colligation System
Electronic Tax Collection System
Electronic Tax Collection Sources
Elementary Tax Collection System
Answer- B
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