Tally MCQ 6 (Taxes, Tally Audit, Payroll)
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Q.01: Which option is used to view list of Primary and Secondary groups in Tally
1) List of Accounts 2) Accounts
3) List
4) None of these
Ans. 1) List of Accounts
Q.02: Which option is used to view Trial Balance form Gateway of Tally
1) Gateway of Tally > Reports > Trial Balance
2) Gateway of Tally > Trial Balance
3) Gateway of Tally > Display > Trial Balance
4) None of these
Ans. 3) Gateway of Tally > Display > Trial Balance
Q.04: Which step is followed to view Purchase Register
1) Gateway of Tally > Display > Sales Register
2) Gateway of Tally > Account Books > Purchase Register
3) Gateway of Tally > Display > Account Books > Purchase Register
4) Gateway of Tally > Account Books > Register > Purchase
Ans.3) Gateway of Tally > Display > Account Books > Purchase Register
Q.05: Which reports are prepared monthly in Tally
1) Profit & Loss A/c
2) Balance Sheet
3) Trial Balance
4) Cash Flow of Funds Flow
Ans.3) Trial Balance
Q.06: What is the utility of Tally Vault Password
1) It will lock the period of Company
2) It will lock all voucher entries for that Company
3) It will not show the Company Name in the Company Select List
4) None of these
Ans. 3) It will not show the Company Name in the Company Select List
Q.07: We can show Bill wise details of Debtors and Creditors by activating
1) Maintain Bill by bill
2) Maintain Bill wise Details
3) Maintain References
4) None of these
Ans. 2) Maintain Bill wise Details
Q.08: 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
Ans. 4) Gateway of Tally > Display > Payroll Reports
Q.09 To save entry without any amount, we have to use
(A) Allow Zero value entry
(B) Use Rej. Notes
(C) Maintain Multiple godown
(D) Cost Center
Ans. 1) Zero value entry
Q.10: In Tally you get currency symbol option from ________ menu
1) Company creation
2) Stock items units
3) Regional settings
4) None of the above
Ans.1) Company creation
Q.11: How to activate the tally audit feature in a company
1) Press F11 key
2) Press F12 key
3) In company info > security control-option
4) During the creation of a company
4) During the creation of a company
Q.12: Which of the following user type can view audit list
1) Tally Vault
2) Owner
3) Data entry
4) Administrator
Ans. 4) Administrator
Q.13: Employee salary details are shown in
1) Attendance sheet
2) Gratuity papers
3) Exact reports
4) Payroll
Ans.4) Payroll
Q.14: What is the full form of GST
1) Goods and Supply Tax
2) Government Sales Tax
3) Goods and Service Tax
4) General Sales Tax
Ans.3) Goods and Service Tax
Q.15: In India GST became effective from
1) 1 April 2017
2) 1 January 2017
3) 1 July 2017
4) 1 March 2017
Ans. 3) 1 July 2017
Q.16: How many types of taxes will be Indian GST
1) 2
2) 3
3) 4
4) 5
Ans. 2) 3
Q.17: What are the taxes levied on an Intra-State Supply
1) CGST
2) SGST
3) CGST and SGST
4) IGST
Ans. 3) CGST and SGST
Q.18: How can data be imported in tally
1) Depends on number of companies
2) One company to another company created with in Tally package
3) Other programs – A spreadsheet or database file
4) Both 2 and 3
Ans.4) Both 2 and 3
Q.19: Which shortcut key is used to take print of Balance sheet
1) Shit + Alt + P
2) Ctrl + Shift + P
3) Alt + P
4) Ctrl + P
Ans 3) Alt + P
Q.20 If the house of the employee is situated at Mumbai the HRA is ______ of the salary
1.0 40%
2) 45%
3)50%
4) 20%
Answer : 3)50%
Q.21 Pay Slip contains details of _________
1) Employee Details
2) Salary
3) PF Details
4) None of the above
5) View Answer Discuss
Answer : 2) Salary
Q.22 Allowances paid exempted from tax
1) High Court Judges
2) Supreme Court Judges
3) Judicial Lawyer
4) All of the above
Answer : 1) High Court Judges
Q.23 Month days calculation on the basis of
1) 30 days
2) Actual
3) Both of them
4) None of them
Answer : 3) Both of them
Q.24 The maximum number of emoluments are
1) 20
2) 24
3) 14
4) None of them
Answer : 2) 24
Q.25 ESI stands for
1) Employee State Insurance
2) Employee Savings Insurance
3) Employer State Insurance
4) None of the above
Answer :1) Employee State Insurance
Q.26 PF falls under the head:
1) Emoulument
2) Deduction
3) Loan
4) Rebate
Answer : 2) Deduction
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