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