Question 1

How many inbuilt Accounts group are in tally by default
A)29
B)31
C)25
D)34

Accepted Answer

The answer of How many inbuilt Accounts group are in...

Question 2

Suspense Account Group is defined under
A)Income
B)Expenditure
C)Liabilities
D)Assets

Accepted Answer

A Suspense Account is a temporary account used to record discrepancies in the trial balance, and it is classified under liabilities until the discrepancies are resolved.

Question 3

Manufacturing Journal creates based on
A)Journal
B)Receipt Note
C)Stock Journal
D)Purchase Quotation

Accepted Answer

A Manufacturing Journal is typically created based on a Stock Journal, which records the movement of inventory and materials used in the manufacturing process.

Question 4

To create Manufacturing Journal which option must be activated
A)Use Common Narration
B)Narrations for each entry
C)Prefilled with Zero
D)Use as manufacturing Journal

Accepted Answer

The option "Use as manufacturing Journal" must be activated to create a Manufacturing Journal.

Question 5

How many types of Measurement Units we can create in Tally
A)2
B)3
C)5
D)Unlimited

Accepted Answer

In Tally, you can create two types of measurement units: Simple Units and Compound Units.

Quiz 2: Tally Accounting Software Operations and Functions

How many inbuilt Accounts group are in tally by default

Suspense Account Group is defined under

Manufacturing Journal creates based on

To create Manufacturing Journal which option must be activated

How many types of Measurement Units we can create in Tally