Tally Prime in Advanced Level 30 MCQ question paper Series 5245 August 3, 2025 0% 78 Tally Prime in Advanced Level 30 MCQ question paper Series 5245 Tally Prime in Advanced Level 30 MCQ question paper Series 5245 Select BatchMorningEvening 1 / 30 Tally Vault is used to: Encrypt company data Transfer data Back up data Print reports 2 / 30 What is the purpose of the “Reverse Charge Mechanism” in GST? Government pays GST Buyer pays GST instead of seller Seller charges extra GST No GST paid 3 / 30 Which mode in Tally Prime helps generate GST returns? Accounting Voucher Trial Balance GST Dashboard Statutory Reports 4 / 30 Payroll module is used to manage? Banking Inventory Stock groups Employee salaries 5 / 30 What is the maximum character length of a Company Name in Tally Prime? 99 100 70 47 6 / 30 Shortcut to open “Company Features” in Tally Prime? F12 F11 Alt + F1 Ctrl + F 7 / 30 Tally Prime supports how many predefined voucher types? 10 24 28 18 8 / 30 In Tally Prime, where do you enable GST for a company? Inventory Info Accounts Info Statutory & Taxation Company Features 9 / 30 What does Ctrl + Enter do in Tally Prime? Change date Save data Open calculator Alter master 10 / 30 What is the use of the “Reorder Levels” in Tally Prime? Set selling prices Maintain minimum stock levels Auto calculation of GST Maintain voucher types 11 / 30 How many ledgers are mandatory for a new company? 2 1 3 0 12 / 30 Shortcut for going to “Chart of Accounts”? Alt + G Alt + H Ctrl + K Ctrl + A 13 / 30 How can we activate multi-currency in Tally Prime? Through Gateway of Tally → F11 Using Alt + C From Inventory Reports From Ledger Creation 14 / 30 Which key is used to quit Tally Prime? Esc Ctrl + Q Alt + X Ctrl + End 15 / 30 . In Tally Prime, which option allows setting GST rates ledger-wise GST Rate Setup Inventory Info Statutory Details Accounting Info 16 / 30 Which voucher type is used for recording credit purchases? Sales Purchase Receipt Journal 17 / 30 What is the default ledger created in Tally for cash transactions? Cash in Hand Bank Account Cash Petty Cash 18 / 30 Which Tally Prime version first introduced multi-language support? Tally ERP 9 Tally 9.0 Tally 7.2 Tally Prime 1.0 19 / 30 What is the use of the TDL in Tally? Data Linking Tally Digital Language Data Language Tally Definition Language 20 / 30 Which report is used to check outstanding receivables and payables? Trial Balance Day Book Outstanding Report Balance Sheet 21 / 30 Which feature allows auto backup of data in Tally Prime? Security Control Data Configuration TDL Auto Backup 22 / 30 Tally Prime allows how many companies to open at a time? Unlimited 99 Up to 10 Only 1 23 / 30 Which security level restricts user access to Tally features? Tally Vault Data Security Power User User Level Security 24 / 30 The shortcut to access “Go To” search bar is? Ctrl + F Alt + F Ctrl + G Alt + G 25 / 30 The ledger ‘Sales’ comes under which group? Sales Account Direct Income Profit & Loss Revenue 26 / 30 What is the default ledger created in Tally for cash transactions? Cash Cash in Hand Bank Account Petty Cash 27 / 30 What is the extension of a Tally backup file? .900 .xml .dat .bak 28 / 30 In Tally Prime, what does Alt + 2 do? Delete a voucher Duplicate a voucher Alter a voucher Create a voucher 29 / 30 How do you import data into Tally? XML file PDF DOC file From CSV 30 / 30 What is the use of “Cost Centre” in Tally? Track only purchases Track income and expenses by department Track stock Create ledgers Your score is 0% Restart Online Test