Are you getting ready for a Tally Prime test or want to try out your knowledge about Tally for the MCQs (Multiple Choice Questions)? If so, you’ve found the right spot to start. In this article, Tally Prime MCQ online tests will also be provided, along with a set of practice questions and answers.
Why Take a Tally Prime MCQ Online Test?
Going for a Tally Prime MCQ online test allows you to:
✔ Assess your Tally skills and awareness of Tally features and functions
✔ Practice for job interviews, certification exams, or competitive tests
✔ Master accounting and GST concepts
✔ Be confident before appearing for Tally assessments
Start Your Tally Prime MCQ Online Test
These are the types of Tally MCQ questions that will help you practice:
General Knowledge of Tally Prime MCQ Online Test
1. What is the latest version of Tally as of 2024?
2. Tally Prime is primarily used for:
3. Which file format does Tally use for backup?
4. Which of the following is NOT a feature of Tally Prime?
5. In Tally, what is the default name of the primary cash account?
6. Tally Prime allows how many companies to be open at the same time?
7. Which feature allows remote access to Tally data?
8. Tally Prime is developed by which company?
9. In Tally, TSS (Tally Software Services) is used for:
10. What is the shortcut key to open a company in Tally Prime?
Company Creation & Management Tally Prime MCQ Online Test
See more tally prime mcq questions online test11. Which menu is used to create a new company in Tally Prime?
12. What details are mandatory while creating a company in Tally?
13. The Financial Year in Tally Prime starts by default from:
14. How can you alter an existing company’s details in Tally?
15. What is the function of the Split Company Data option?
16. The Security Control option in Tally is used for:
17. Can we change the financial year after creating a company?
18. Which feature ensures data security in Tally?
19. What is the shortcut key to shut down a company?
20. In Tally Prime, Backup & Restore options are available under which menu?
Ledgers & Groups Tally Prime MCQ Online Test
21. What is a Ledger in Tally Prime?
22. Under which group does Cash Account fall by default?
23. What is the maximum number of ledgers that can be created in Tally Prime?
24. Which of the following is a default group in Tally?
25. How many predefined groups are available in Tally Prime?
26. To create a new ledger in Tally Prime, which path is followed?
27. In Tally, where do Sundry Debtors appear in the balance sheet?
28. What is the function of the Multi-Ledger Creation option?
29. Which group does the Sales Account ledger belong to?
30. What is the shortcut key to create a new ledger in Tally?
Vouchers in Tally Prime MCQ Online Test
31. Which shortcut key is used to open the voucher creation screen?
32. What type of voucher is used to record cash transactions?
33. The Contra Voucher (F4) is used for:
34. Which key is used to modify an existing voucher?
35. Which voucher type is used for adjusting outstanding amounts?
36. What is the shortcut key for Sales Voucher in Tally?
37. Which voucher is used for purchase returns?
38. How can a duplicate voucher be created in Tally?
39. In a Journal Voucher, which type of transactions are recorded?
40. The shortcut for opening a Purchase Voucher is:
Inventory Management Tally Prime MCQ Online Test
41. What is the main function of inventory management in Tally?
42. Where can stock items be created in Tally?
43. What is the function of Godown/Location in Tally?
44. Which of the following is NOT a stock category in Tally?
45. The Stock Summary report is available under:
46. What is the use of Batch-wise Details in inventory?
47. Which inventory valuation method is NOT available in Tally?
48. How can stock categories be used?
49. The Reorder Level feature is used for:
50. How can multiple stock items be created at once?
GST & Taxation Tally Prime MCQ Online Test
51. Which tax system is integrated into Tally Prime?
52. Under which menu can you enable GST in Tally Prime?
53. What is the shortcut key to open the GST Reports?
54. In Tally, GST is applied at how many levels?
55. What is the GST rate for most services in India?
56. Which report in Tally Prime provides GST Return details?
57. What is the shortcut key for enabling taxation features in Tally?
58. Where do we define GST Registration Type in Tally?
59. Which of the following is NOT part of GST taxation in Tally?
60. How can you export GST returns directly from Tally?
Payroll Tally Prime MCQ Online Test
61. Which feature is used to manage employee salaries in Tally?
62. How can payroll be activated in Tally?
63. Which report helps generate salary slips in Tally?
64. What is the shortcut key to access Payroll Reports?
65. EPF (Employee Provident Fund) in Tally is classified under:
66. In Payroll, what is used to define salary components?
67. What type of voucher is used for salary payment?
68. Overtime Calculation in Tally Payroll can be managed under:
69. What type of TDS is deducted from salary in Tally?
70. Payroll reports in Tally Prime can be exported in which formats?
Reports & Analysis Tally Prime MCQ Online Test
71. Which of the following reports is available in Tally?
72. What is the shortcut key to access the Balance Sheet?
73. How can you generate a Trial Balance in Tally?
74. What does the Day Book report show?
75. In Tally, what does the Cash Flow Statement analyze?
76. What is the shortcut key to open the Trial Balance?
77. Which statement shows financial position in Tally?
78. Which report is used for debtors aging analysis?
79. Bank Reconciliation Statement (BRS) in Tally is used for:
80. How can reports be customized in Tally?
Shortcut Keys & Functions Tally Prime MCQ Online Test
81. What is the shortcut key for Company Features?
82. Which key is used to change the company in Tally?
83. How can you print a report in Tally?
84. What is the shortcut key for Voucher Alteration?
85. What is the shortcut key for Stock Summary?
86. The shortcut for opening a new company is:
87. To duplicate a voucher, which key is used?
88. What is the shortcut key to open the Calculator in Tally?
89. Which key is used to activate Godown Management?
90. What is the shortcut key to close Tally?
The Merits of Participating in a Tally Prime MCQ Test Online
✔ Immediate report – On the spot, you will know how well you have done.
✔ Elevates accuracy – Mathematically deepen your accounting concepts
✔ Efficient time management – It is good to be able to give correct answers in a limited time
✔ It gives you the confidence – It prepares you for Tally certification exams
Final Thoughts
Moreover, mastering the Tally Prime MCQ online test is the way to go if you want to get better at accounting, as it helps you pass the Tally certification exams. Consistency in practice is key to being ahead of the game in accounting and finance!
Need more practice? Watch for additional Tally Prime MCQ Online Test and freely accessible online tests!
10 FAQ suggestions for Tally Prime MCQ Online Test
What is the Tally Prime MCQ Online Test?
The Tally Prime MCQ Online Test is a quiz designed to test your knowledge and understanding of Tally Prime accounting software. It covers key concepts, features, and functions within Tally Prime.
Who can take the Tally Prime MCQ Online Test?
The test is suitable for anyone looking to improve their Tally Prime skills, including students, professionals, and job seekers preparing for interviews or exams.
How can I access the Tally Prime MCQ Online Test?
You can easily access the test online through our website. Register and start the test from any device with an internet connection.
Is the Tally Prime MCQ Online Test free?
Depending on the platform, the test may be free or available for a nominal fee. Check the specific test details for pricing information.
How many questions are in the Tally Prime MCQ Online Test?
The test typically contains a set of 20 to 50 multiple-choice questions designed to assess your Tally Prime proficiency.
How long does it take to complete the Tally Prime MCQ Online Test?
The test usually takes between 15 to 30 minutes to complete, depending on your familiarity with the topics.
Can I retake the Tally Prime MCQ Online Test?
Yes, you can retake the test as many times as needed to improve your score and reinforce your learning.
Will I get a certificate after completing the Tally Prime MCQ Online Test?
Some platforms may offer a certificate of completion upon achieving a certain score, while others may not provide a certificate. Please check the specific test details.
What topics are covered in the Tally Prime MCQ Online Test?
The test covers various topics, including Tally Prime features, accounting principles, GST, vouchers, reports, and more.
How can I prepare for the Tally Prime MCQ Online Test?
You can prepare by reviewing Tally Prime concepts, studying accounting principles, and practicing through sample MCQs available online or through study materials.