Tally Prime in Advanced Level 30 MCQ question paper Series 5245 March 17, 2026 0% 95 Tally Prime in Advanced Level 30 MCQ question paper Series 5245Tally Prime in Advanced Level 30 MCQ question paper Series 5245 Select BatchMorningEvening 1 / 30Shortcut to open “Company Features” in Tally Prime? Alt + F1 F11 F12 Ctrl + F 2 / 30What is the use of the “Reorder Levels” in Tally Prime? Auto calculation of GST Maintain voucher types Maintain minimum stock levels Set selling prices 3 / 30What is the default ledger created in Tally for cash transactions? Cash Bank Account Cash in Hand Petty Cash 4 / 30The ledger ‘Sales’ comes under which group? Profit & Loss Direct Income Revenue Sales Account 5 / 30Tally Prime allows how many companies to open at a time? 99 Unlimited Only 1 Up to 10 6 / 30What is the extension of a Tally backup file? .xml .900 .bak .dat 7 / 30What is the use of “Cost Centre” in Tally? Create ledgers Track only purchases Track stock Track income and expenses by department 8 / 30What is the purpose of the “Reverse Charge Mechanism” in GST? Seller charges extra GST Buyer pays GST instead of seller Government pays GST No GST paid 9 / 30. In Tally Prime, which option allows setting GST rates ledger-wise GST Rate Setup Accounting Info Statutory Details Inventory Info 10 / 30Tally Prime supports how many predefined voucher types? 28 18 24 10 11 / 30What does Ctrl + Enter do in Tally Prime? Save data Alter master Open calculator Change date 12 / 30Tally Vault is used to: Transfer data Print reports Encrypt company data Back up data 13 / 30What is the use of the TDL in Tally? Tally Definition Language Tally Digital Language Data Linking Data Language 14 / 30Which Tally Prime version first introduced multi-language support? Tally 7.2 Tally ERP 9 Tally Prime 1.0 Tally 9.0 15 / 30Which security level restricts user access to Tally features? Power User Data Security User Level Security Tally Vault 16 / 30What is the default ledger created in Tally for cash transactions? Cash in Hand Cash Petty Cash Bank Account 17 / 30Shortcut for going to “Chart of Accounts”? Alt + H Alt + G Ctrl + K Ctrl + A 18 / 30Which report is used to check outstanding receivables and payables? Day Book Balance Sheet Trial Balance Outstanding Report 19 / 30How can we activate multi-currency in Tally Prime? From Inventory Reports Using Alt + C Through Gateway of Tally → F11 From Ledger Creation 20 / 30How many ledgers are mandatory for a new company? 2 0 1 3 21 / 30In Tally Prime, what does Alt + 2 do? Delete a voucher Create a voucher Alter a voucher Duplicate a voucher 22 / 30The shortcut to access “Go To” search bar is? Ctrl + F Alt + F Ctrl + G Alt + G 23 / 30How do you import data into Tally? DOC file PDF From CSV XML file 24 / 30Which feature allows auto backup of data in Tally Prime? Data Configuration TDL Security Control Auto Backup 25 / 30In Tally Prime, where do you enable GST for a company? Statutory & Taxation Inventory Info Company Features Accounts Info 26 / 30Which mode in Tally Prime helps generate GST returns? Trial Balance Accounting Voucher Statutory Reports GST Dashboard 27 / 30What is the maximum character length of a Company Name in Tally Prime? 47 100 70 99 28 / 30Which key is used to quit Tally Prime? Alt + X Esc Ctrl + Q Ctrl + End 29 / 30Which voucher type is used for recording credit purchases? Sales Purchase Receipt Journal 30 / 30Payroll module is used to manage? Inventory Banking Employee salaries Stock groups Your score is 0% Restart Online Test
