Q.1)-The First step to get started with Tally
- Open Company
- Create Company
- Edit Company
- None of these
Q.2)-This Function Key is used to modify the features of a Company
- F11
- F12
- F13
- F1
Q.3)-If Allow Multi-Currency is set of 'yes'
- In the country symbol field no symbol can be provided
- In name field, base currency cannot be set
- It cannot be modified if it has been used
- It can be modified if it has been used
Q.4)-From where the details of the items sold are listed
- Allow invoicing
- Without invoicing
- Invoicing
- Bill wise
Q.5)-To alter the details of a company
- Tally> F1: Details > Alter
- Tally > F2:Cmp Info> alter
- Tally > F3: Cmp info > alter
- Tally > F4 : Cmp info > alter
Q.6)-This function key is used to set the various applications available in tally
- F 12
- F 11
- F 10
- F 9
Q.7)-The ……….deals with goods and repacks them if necessary but does not process them
- Saler
- Purchaser
- Retatailer
- Trader
Q.8)-It is the net income before income tax and interest expenses
- Operating profit
- Profit
- Gross profit
- Net profit
Q.9)-Opening stock+purchases- Purchase return and allowances is equal to
- Cost of goods
- Cost of goods for purchase
- Cost of purchase
- Cost of goods available for sale
Q.10)-It consists of raw materials and other items available for sale
- Contents
- Material
- Inventory
- Consumers