Top 1000+ Tally Online Test/Mock Test - 1

Question: 1

In taxation, TDS stands for

(A) Tariff Deduction at Source

(B) Tax Deducted at Source

(C) Tax Deducted at Station

(D) Tax Deviation at Source

Ans: B

Tax Deducted at Source

Question: 2

Which option is true for viewing Profit & Loss A/C in Gateway of Tally?

(A) Gateway of Tally → Account Books → Profit & Loss A/C

(B) Gateway of Tally → Display → Profit & Loss A/C

(C) Gateway of Tally → Reports → Profit & Loss A/C

(D) None of these

Ans: C

Gateway of Tally → Reports → Profit & Loss A/C

Question: 3

Default ledger accounts in tally are

(A) Profit & loss and trial balance

(B) Cash and bank

(C) Balance sheet & profit & loss profit & loss and trial balance

(D) Cash and profit & loss

Ans: D

Cash and profit & loss

Question: 4

_____ is the shortcut to receipt note from Inventory Vouchers in Tally.

(A) Alt+F6

(B) Alt+F8

(C) Alt+F9

(D) Ctrl+F7

Ans: C

Alt+F9

Question: 5

_____ denotes increase in money.

(A) Debit

(B) Credit

(C) Asset

(D) Accrual basis

Ans: B

Credit

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