Which is not the default group in Tally?
Suspense Account
Outstanding Expense
Sales Account
Investments
Correct Answer :
B. Outstanding Expense
Related Questions
To pass the Sales challan, we have to select Delivery Note.
True
False
Alt+D is used to
Create any voucher
Delete any voucher
Copy any value
None of the above
_______ is an advanced security system, which allows for encryption of the company data.
Tally Audit
Tally Vault
Tally Gold
None of the above
The maximum number of decimal places, that can be activated is
4
3
2
1
To create a Group Company, we have to always open at least 3 companies.
true
False
We can view the Interest Calculation report from
Accounts Info.
Accounts Book
Statement of Accounts
None of the above
In Tally, while creating a company we can select a
State
Country
Both of the above
None of the above
In order to delete a voucher, press
Alt + D
Alt + F4
Alt + F3
None of the above
The number of predefined ledger(s) in Tally is/are
2
4
10
20
Debit Note is used for
Sales Return
Purchase Return
Purchase Return only
None of the above
F11 is used for changing current configuration
True
False
Multiple ledger creation is possible in Tally
True
False
What is the shortcut key to select a company?
F1
F2
F3
F4
Through _________ option, we can modify the ledger.
Alter
Display
Both of the above
None of the above
Allocation against bill are done automatically
True
False
We can view the Interest Calculation report from
Accounts Info.
Accounts Book
Statement of Accounts
None of the above
To define a ledger it is mandatory to maintain
Alias
Opening Balance
Group
None of the above
There is no "Help" option in Tally 7.2
True
False
Tally is developed by
EDP
TCS
Peutronics
None of the above
It is possible to use cash/bank in journal mode
True
False
Which is not the default group in Tally?
Suspense Account
Outstanding Expense
Sales Account
Investments
Tally configuration files are stored in
Data Directory
Application Directory
Configuration Directory
None of the above
Tally supports trading inventory
True
False
_______ godown facility is available in Tally
Single
Multi
Stock category and stock group are same
True
False
Units of measurement is used for calculation of stock
True
False
To pass the Sales challan, we have to select Delivery Note.
True
False
The executable file of Tally is
Tally.Exe*
WinTally.Exe
Tally.ini
Tally.Sav
We can create ________ level(s) of cost centres.
10
5
Single
Unlimited
The location of saving data of company can be altered by changing the
Tally.exe
Tally.data
Tally.ini
Tally.sav