Tally Set – 4 Leave a Comment / By Anil / May 31, 2023 Welcome to your Tally Set - 4 1. _____ is the shortcut to post dated voucher from Accounting vouchers in Tally. Alt+I Ctrl+V Ctrl+T Ctrl+F10 None 2. How many type of companies can be created in Tally? 2 3 4 5 None 3. What percent of Additional Tax is applied if VAT in 12.5%? 1% 1.50% 2.50% 4% None 4. To see the report of unconventional vouchers go to Display- Trial Balance Display- Exception Reports Display- Account Books Display- Day Book None 5. To change Current Date from Gateway of Tally press the key F1 F2 F5 F9 None 6. _____ is the shortcut for purchase voucher in Tally. F5 F9 Alt+F4 Alt+F5 None 7. Which shortcut key is used to shut opened company in Tally? F1 F3 Alt+F1 Alt+F3 None 8. How to activate the tally audit feature in a company? Press F12 key In comp info-> security control-option During the creation of a company Press F11 key None 9. Double Entry System was introduced in Italy India Japan America None 10. What is the advantage of a computer-based transaction processing system? Will be more efficient at producing financial statements. Eliminates the need to reconcile control accounts and subsidiary ledgers. Will produce a more accurate set of financial statements. Does not require as stringent a set of internal controls. None 11. Allow components list details (Bill Materials) option is activated for Budgets Stock Items Ledgers Cost Category None 12. The tax collected by the seller from the buyer is generally called Value Added Tax (VAT) Fringe Benefit Tax (FBT) Tax Collected at Source (TCS) Tax Deducted at Source (TDS) None 13. TDS is applied on which of the following incomes? Salary Income (Contract) Commission of lottery ticket Professional Fee All of these None 14. In general the Financial year from shall be from 31st March of any year 1st April of any year 9th September of any year All of the above None 15. Bad loans in banking terminology are generally known as CBS NPAs Prime Asset BPOs None 16. The tax collected by the employer towards income of an employee is called Value Added Tax (VAT) Fringe Benefit Tax (FBT) Tax Collected at Source (TCS) Tax Deducted at Source (TDS) None 17. Alias represents Code name Nick name Short name All of these None 18. How many groups are pre-defined in Tally? 15 19 28 30 None 19. _____ is a record of all monetary transactions. Account Accrual basis Asset Credit None 20. Which shortcut key is used to set No in Use Common Ledger A/c for Item Allocation? F11 F12 Alt + F11 Alt + F12 None 21. Stock maintained for production purpose is called Inventory Trial balance Ledger Payroll None 22. Which option is used to copy companys data into pen drive or cd? Restore Backup Copy data Split company data None 23. ____ is the shortcut to payroll as Voucher from Payroll Vouchers in Tally. Alt+A Alt+S Ctrl+F4 Ctrl+F5 None 24. To change the date, shortcut used F1 F2 Alt+F2 Alt+F3 None 25. _____ is the shortcut to change the accounting period from Gateway of Tally. F1 Alt+F1 Alt+F2 Alt+F3 None Share this:TweetEmailTelegramPrintWhatsAppLike this:Like Loading... Related Posts (You May Also Read):