Sterliate Educations673-A, Second Floor, Gali No.-7, Govindpuri, Kalkaji,, New Delhi 110019 BharatTEE-40 CFA-JUNE-2023 |
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Question : 50 | Duration : 50 Minutes |
1 | To create a sales voucher in tally, you have to press the key _______ |
A: F5 | |
B: F7 | |
C: F6 | |
D: F5 | |
Answer: D | |
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2 | For what period is a registration certificate valid? |
A: 5 Years | |
B: 10 Years | |
C: Till Not Cancelled | |
D: 5 Years | |
Answer: C | |
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3 | Is PAN Number mandatory for GST Registration? |
A: Yes | |
B: No | |
C: Not Applicable | |
D: Yes | |
Answer: A | |
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4 | In which purchase is IGST Payable? |
A: Intra State | |
B: Inter State | |
C: Inter Continents | |
D: Intra State | |
Answer: B | |
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5 | CGST and SGST are levied as a part of which purchase? |
A: Inter Continent | |
B: Intra State | |
C: Inter-State | |
D: Inter Continent | |
Answer: B | |
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6 | What is the GST rate slab for Goods & Services? |
A: 0% 5% 12% 18% 26% | |
B: 0% 6% 12% 18% 28% | |
C: 0% 5% 12% 18% 28% | |
D: 0% 5% 12% 18% 26% | |
Answer: C | |
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7 | When did GST come into action in India? |
A: 1st Jan 2015 | |
B: 1st April 2014 | |
C: 1st July 2017 | |
D: 1st Jan 2015 | |
Answer: C | |
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8 | Which shortcut key is pressed for voucher entry or deleting a ledger? |
A: Alt + A | |
B: Alt + C | |
C: Alt + X | |
D: Alt + A | |
Answer: D | |
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9 | Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company? |
A: Alt + E | |
B: Alt + P | |
C: Alt + S | |
D: Alt + E | |
Answer: B | |
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10 | Which shortcut key is used to take print of any report in Tally? |
A: Ctrl + P | |
B: Shift + P | |
C: Alt + Ctrl + P | |
D: Ctrl + P | |
Answer: D | |
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11 | Which submenu is used to create new ledgers, groups and voucher types in Tally? |
A: Inventory Info | |
B: Account Info | |
C: Accounting Vouchers | |
D: Inventory Info | |
Answer: B | |
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12 | To change the date, ___________ shortcut used. |
A: Alt + F2 | |
B: Alt + F3 | |
C: F2 | |
D: Alt + F2 | |
Answer: C | |
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13 | Which shortcut key is used to view Report with all details in Tally? |
A: F1 | |
B: Alt + F1 | |
C: F3 | |
D: F1 | |
Answer: B | |
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14 | Bank account is _________ |
A: Personal account | |
B: Real account | |
C: Nominal account | |
D: Personal account | |
Answer: A | |
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15 | Changes in accounts are possible only in __________. |
A: Display mode | |
B: Alternation mode | |
C: Single mode | |
D: Display mode | |
Answer: B | |
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16 | Debit note is used for entering ____________. |
A: Purchases | |
B: Sales | |
C: Purchase return | |
D: Purchases | |
Answer: C | |
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17 | Which function key is used to enter purchase? |
A: F6 | |
B: F7 | |
C: F8 | |
D: F6 | |
Answer: D | |
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18 | Which function key is used to enter receipts? |
A: F2 | |
B: F4 | |
C: F6 | |
D: F2 | |
Answer: C | |
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19 | Which sequence of option is used to view the trial balance on the screen? |
A: Gateway of Tally →Trial balance | |
B: Gateway of Tally → Display → Trial Balance | |
C: Gateway of Tally → Accounts Info → Trial Balance | |
D: Gateway of Tally →Trial balance | |
Answer: B | |
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20 | Which shortcut key is used to shut a company from the gateway of Tally screen? |
A: Alt + F1 | |
B: Alt + F3 | |
C: Alt + F5 | |
D: Alt + F1 | |
Answer: A | |
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21 | Which combination of key is used to save the information in Tally? |
A: Ctrl + A | |
B: Ctrl + I | |
C: Ctrl + S | |
D: Ctrl + A | |
Answer: A | |
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22 | Which term is used for all the amounts payable by a business concern to outsiders? |
A: Assets | |
B: Capitals | |
C: Debits | |
D: Assets | |
Answer: D | |
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23 | Which term is used for the amount invested for starting a business by a person? |
A: Asset | |
B: Capital | |
C: Debit | |
D: Asset | |
Answer: B | |
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24 | _____ is the shortcut to Payroll Auto fill from Payroll Vouchers in Tally. |
A: Alt+S | |
B: Alt+A | |
C: Ctrl+F4 | |
D: Alt+S | |
Answer: B | |
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25 | To remove a line at all reports screen, shortcut is |
A: Alt + R | |
B: Alt + S | |
C: Alt + 1 | |
D: Alt + R | |
Answer: A | |
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26 | Transfer of materials from one godown to another godown, use |
A: Stock Journal | |
B: Purchase Journal | |
C: Manufacturing Journal | |
D: Stock Journal | |
Answer: A | |
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27 | We can cancel a voucher using |
A: Alt + X | |
B: Ctrl + Shift + X | |
C: Ctrl + X | |
D: Alt + X | |
Answer: A | |
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28 | What is MRP? |
A: Minimum Retail Price | |
B: Maximum Retail Price | |
C: Marginal Price | |
D: Minimum Retail Price | |
Answer: B | |
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29 | Single Entry mode is applicable for |
A: Payment Voucher | |
B: Contra | |
C: Receipt Voucher | |
D: Payment Voucher | |
Answer: D | |
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30 | Tally package is developed by |
A: Microsoft | |
B: Adobe Software | |
C: Apple Software | |
D: Microsoft | |
Answer: D | |
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31 | Which option is used to view list of Primary and Secondary groups in Tally? |
A: Accounts | |
B: List | |
C: List of Accounts | |
D: Accounts | |
Answer: C | |
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32 | Recording of actual stock as physically verified or counted is done through |
A: Sales | |
B: Journal | |
C: Stock Journal | |
D: Sales | |
Answer: D | |
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33 | We can see list of Memorandum Vouchers from |
A: Accounts Books | |
B: Cash/Bank Books | |
C: Exception Reports | |
D: Accounts Books | |
Answer: C | |
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34 | ETCS means |
A: Electronic Tax Collection System | |
B: Electric Tax Collected at Source | |
C: Electronic Tax Collected at Source | |
D: Electronic Tax Collection System | |
Answer: D | |
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35 | Bank OCC a/c is a group defined under |
A: Loan & Liability | |
B: Secured Loan | |
C: Unsecured Loan | |
D: Loan & Liability | |
Answer: A | |
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36 | TDS deduction entry can be made through |
A: Journal voucher | |
B: Payment Voucher | |
C: Receipt Voucher | |
D: Journal voucher | |
Answer: A | |
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37 | To active MRP feature from Gateway of Tally initially we need to press |
A: F10 | |
B: F11 | |
C: F12 | |
D: F10 | |
Answer: C | |
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38 | Which shortcut key is used in ‘Company Features’ Screen to use Statutory & Taxation in Tally? |
A: F1 | |
B: F2 | |
C: F3 | |
D: F1 | |
Answer: C | |
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39 | Which shortcut key(s) are used to display list of inventory reports within balance sheet? |
A: F8 | |
B: F9 | |
C: F10 | |
D: F8 | |
Answer: B | |
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40 | _____ is the shortcut to Attendance from Payroll Vouchers in Tally. |
A: Ctrl+F4 | |
B: Ctrl+F5 | |
C: Alt+A | |
D: Ctrl+F4 | |
Answer: A | |
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41 | Which option is used to view list of Primary and Secondary groups in Tally? |
A: Accounts | |
B: List | |
C: List of Accounts | |
D: Accounts | |
Answer: C | |
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42 | Data Folder of a Company consists of |
A: 3 digits | |
B: 4 digits | |
C: 5 digits | |
D: 3 digits | |
Answer: C | |
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43 | Retained Earnings is an alias of |
A: Investments | |
B: Capital Account | |
C: Indirect Income | |
D: Investments | |
Answer: D | |
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44 | Service Tax Report can be seen from |
A: Display > Account Books | |
B: Display > Statutory Reports | |
C: Display > Day Book | |
D: Display > Account Books | |
Answer: B | |
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45 | To activate Job Costing which options require to be activated? |
A: Maintain VAT | |
B: Maintain Cost Centre | |
C: Use Cost Centre for Job Costing | |
D: Maintain VAT | |
Answer: D | |
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46 | To show the cheque number while reconciling Bank Accounts press |
A: CTRL + F11 | |
B: CTRL + F12 | |
C: F11 | |
D: CTRL + F11 | |
Answer: D | |
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47 | Transfer from Main Cash to petty Cash you require to pass _____ voucher. |
A: Contra | |
B: Payment | |
C: Receipt | |
D: Contra | |
Answer: A | |
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48 | Manufacturing journal creates based on |
A: Purchase Quotation | |
B: Stock Journal | |
C: Receipt Note | |
D: Purchase Quotation | |
Answer: B | |
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49 | We can change the Company Information from |
A: Company Info > View | |
B: Company Info > Split Company Data | |
C: Company Info > Back up | |
D: Company Info > View | |
Answer: D | |
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50 | Party account can be created through |
A: Inventory creation window | |
B: Group creation window | |
C: Ledger creation window | |
D: Inventory creation window | |
Answer: C | |
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