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