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 Question
Batch-wise details can be activated from the Top Menu by clicking K: Company > selelct F11 Features
In which of the following voucher, expired stock return transaction is recorded in TallyPrime
In TallyPrime, we can also maintain the Expried Batches
In TallyPrime, Manufacturing and Expiry dates cannot be set for Batch-wise details.
In TallyPrime, If Price List is created and later the same cannot be revised
 Option 1 Option 2 Option 3 Option 4
True 0
Purchase Sales Debit Note Payment
True 0
True 0
True 0
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 Question
In TallyPrime one can split the single credit bill into multiple bills from ___________ screen.
Account Receivables and Payables can be maintained by enabling which of the following features in TallyPrime
LTK Traders purchased goods on credit for Rs. 300,000 from VBH Traders on 1st August 2020 and agreed to pay the amount on
following report:
Which of the following is the correct entry advance payments made to Creditors?
Deepak received a Payment of Rs. 50,000 against a pending invoice. However, he was unable to decide against which bill the p
Setting Credit Limited will help in restricing invoicing for the customers exceeding the prescribed credit limits.
This Method of adjustment is used to track an existing transaction, which is already tagged with a reference number in TallyPr
 Option 1 Option 2
Party Details Receipt Details
Enable Bill-wise entry Maintain Payroll

Accounts Receivables Accounts Payable

Dr. Creditors A/c and Cr.Cash/Bank A/c Dr. Cash/Bank A/c and Cr. Creditors A/c
On Account New Reference
1 0
On Account New Reference
 Option 3 Option 4
Item Allocation Bill-wise Details
Enable Excise Enable Cost Centres

Cash Flow Statement Contra Register

Dr.Income A/c and Cr. Creditors A/c Dr. Sales A/c and Cr. Cash/Bank A/c
Against Reference Advance

Against Reference Advance

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 Question
_______ voucher is used for receording goods received from the supplier against the Purchase order.
Which of the following is the correct shortcut key for Rejection Out Voucher
Delivery Note voucher is used for receording the details of goods / supplied to a customer3
When the goods are rejected by the customer after recording sales invoice, which of the following voucher to be receorded in
In which of the following voucher you can account the stock transfer details.
 Option 1 Option 2 Option 3 Option 4
Debit Note Rejection In Rejection Out Receipt Note
Ctrl+F5 Ctrl+F6 Alt+F9 Alt+F8
1 0
Credit Note Debit Note Payment Receipt
Receipt Voucher Payment Voucher Rejection In Voucher Stock Journal Voucher
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 Question
Additional cost details on purchase configured from:
Stock summary report displays the details of Inventory
In TallyPrime I can allocate additional cost details in sales invoice
In TallyPrime, I can configure the option Track additional Costs of Purchases in __________ voucher.
 Option 1 Option 2 Option 3
F12 > Configuration F11 > Company Feature F11 > Inventory Features
1 0
1 0
Sales Voucher Contra Voucher Stock Journal
 Option 4
Voucher Type Creation / Alteration

Contra Voucher
s.no Question
1 Cost Centre allocation does not affect financial books of accounts.
2 Is it mandatory to create cost category to use cost centres?
3 Cost Category is used for __________
4 Cost Centres are enable from ________
5 Which of the following reports is not available in TallyPrime for Cost Centres?
 Option 1 Option 2
1 0
1 0
Making accounting impact of Cost Centres To enable Parallel Allocation of Costs
Gateway of Tally > F12 : > F1 (Accounting Features) Gateway of Tally > F13 : F2 (Inventory features)
Category Summary Cost Centre Break-up
 Option 3 Option 4

To automatic allocation of costs in trasaction None of these

Gateway of Tally > F12 > General Configuration Gateway of Tally > Alt + K > Select Features (F11)
Ledger Break-up Stock Item Break-up
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Question
The Short cut key for Budget Variance Report in Trial Balance is _________
In TallyPrime I cannot create the Budget for the group.
Budget can be created for ______
Sri Devi International created the a budget for Indirect expenses for Rs. 100,000 and the actual expenditure was Rs. 110,000. T
Monthly budget cannot be created in TallyPrime.
In TallyPrime, I cannot make the optional voucher as regular voucher.
Option 1 Option 2 Option 3 Option 4
F11 F10 F12 F8
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Stock Item Godown Cost Centre Stock Category
Postive Deviation Negative Deviation Neutral Deviation No Deviation
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1 0
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Question
Using which of the following option I can view the report on fly.
TallyPrime allows you to drill from any report to its various lower levels till the voucher level.
________ is a statement of the actual stock-in-hand on a particular day.
I can view Price List from Stock Query
Inventory vouchers which affect the stock only in quantitative term are considered in movement analysis.
Option 1 Option 2 Option 3 Option 4
Alt + P : Print Ctrl + F12 : Value Alt + F12 : Range Alt + G : Go To
1 0
Day Book Sales Register Movement Analysis Stock Summary
1 0
1 0
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 Question
Interstate transaction attract what type of tax?
In TallyPrime, we cannot generate an e-Way Bill for the intrastate supply of goods.
In GSTR-1, report what type of details will be captured?
In TallyPrime, ___________ voucher is recorded to adjust the Available ITC with the Tax Liability.
It is possible to record the Debit Note voucher for accounting purchase return of goods with GST and check the GSTR-3B repor
 Option 1 Option 2 Option 3 Option 4
Central Tax and State Tax State tax Central tax Integrated Tax
1 0
Inward Supply Outward Supply Imports Purchase from URD
Debit Note Credit Note Sales Journal
1 0