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MCQs

Total Questions : 250 | Page 11 of 25 pages
Question 101. To get Payroll Reports choose
  1.    Gateway of Tally > Display
  2.    Gateway of Tally > Display > Statement of Accounts
  3.    Gateway of Tally > Display > Statement of Payroll
  4.    Gateway of Tally > Display > Payroll Reports
 Discuss Question
Answer: Option D. -> Gateway of Tally > Display > Payroll Reports
Question 102. BOM represents
  1.    Billing of Machines
  2.    Bill of Materials
  3.    Bill of Maintenance
  4.    None of these
 Discuss Question
Answer: Option B. -> Bill of Materials
Question 103. "Alias" represents
  1.    Short name
  2.    Nick name
  3.    Code name
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 104. If we purchase any fixed asset in credit, we can pass it from
  1.    Payment mode
  2.    Receipt mode
  3.    Purchase mode
  4.    Contra mode
 Discuss Question
Answer: Option C. -> Purchase mode
Question 105. Transfer of materials from one godown to another godown, use
  1.    Manufacturing Journal
  2.    Stock Journal
  3.    Purchase Journal
  4.    Both A & B
 Discuss Question
Answer: Option B. -> Stock Journal
Question 106. Recording of actual stock as physically verified or counted is done through
  1.    Journal
  2.    Stock Journal
  3.    Physical Stock
  4.    Sales
 Discuss Question
Answer: Option C. -> Physical Stock
Question 107. Budget represents ________
  1.    Estimation
  2.    Forecasting
  3.    Assumption
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 108. Find out which is not a Default Ledger in Tally
  1.    Cash in Hand
  2.    Capital Account
  3.    Profit & Loss
  4.    None of these
 Discuss Question
Answer: Option B. -> Capital Account
Question 109. The Profit & Loss statement can be displayed in ________ format(s).
  1.    Horizontal
  2.    Vertical
  3.    A or B
  4.    None of the above
 Discuss Question
Answer: Option C. -> A or B
Question 110. Default ledger accounts in tally are ________
  1.    Balance sheet, profit & loss and trial balance
  2.    Profit & loss and trial balance
  3.    Cash and profit & loss accounts
  4.    Cash and bank accounts
 Discuss Question
Answer: Option C. -> Cash and profit & loss accounts

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