100+ Tally Practical Questions & Answers Pdf Free Download - 1
Question: 1
In taxation, VAT stands for
(A) Value Approved Tax
(B) Value Added Tax
(C) Value Added Transaction
(D) Value Assigned Tax
Ans: B
Value Added Tax
Question: 2
_____ is the shortcut to vouchers as invoice from Accounting Vouchers in Tally.
(A) Alt+I
(B) Ctrl+V
(C) Ctrl+F10
(D) F10
Ans: B
Ctrl+V
Question: 3
To save entry without any amount, we have to use
(A) Allow O value entry
(B) Use Rej. Notes
(C) Maintain Multiple godown
(D) Cost Center
Ans: A
Allow O value entry
Question: 4
_____ considers incoming money to be instantly available and reduction of cash to occur only on the date of actual outflow of money (instead of the date of transaction).
(A) Asset
(B) Accrual basis
(C) Credit
(D) Debit
Ans: B
Accrual basis
Question: 5
Which option is used to open company created in Tally?
(A) Alter
(B) Shut Company
(C) Create Company
(D) Select Company
Ans: D
Select Company
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