Top 30 Must-Know Tally Prime MCQ Questions and answers2025

Tally Prime MCQ Questions and Answers 2025

Accountants, financiers, and business managers alike continuously rely on Tally Prime. It is utilized in making essential reports, accounting operations, and finance data maintenance. Tally Prime MCQ Questions and Answers can assist you in getting a better grip on the software, irrespective of the fact that you want to hone your skills, prepare for career interviews, or learn through exam preparation

We’re going to go through some of the most common Tally Prime multiple-choice questions on this page, along with how to ace them to possibly do better on exams and in interviews. Let’s begin!

Basic to Advance Tally Prime MCQ Questions and Answers 2025

Below are some real-life Tally Prime MCQ Questions and Answers that are indicative of what you may find in exams or interviews:

MCQ Questions

1. What is Tally Prime?

A) A spreadsheet software
B) An accounting software
C) A word processing software
D) A web browser

2. Which of the following is a feature of Tally Prime?

A) Video editing
B) Financial management
C) Graphic design
D) Gaming

3. Tally Prime allows you to manage which of the following?

A) Inventory
B) Video files
C) Social media accounts
D) Music files

4. Which of these is used to record transactions in Tally Prime?

A) Journal
B) Audio files
C) Word documents
D) Video files

5. In Tally Prime, the 'Gateway of Tally' is?

A) The dashboard for accessing all options
B) A specific report
C) A data backup tool
D) A shortcut key feature

6. Which of these reports is available in Tally Prime for financial analysis?

A) Profit & Loss Account
B) Image Gallery
C) Weather Report
D) Movie List

7. What is the purpose of the 'Voucher' in Tally Prime?

A) To create a transaction record
B) To design reports
C) To manage customer profiles
D) To play videos

8. Which of the following is not a type of voucher in Tally Prime?

A) Sales Voucher
B) Receipt Voucher
C) Payment Voucher
D) Picture Voucher

9. What does the 'Inventory Management' feature in Tally Prime help with?

A) Tracking and managing stocks
B) Editing documents
C) Organizing emails
D) Social media marketing

10. Which module in Tally Prime is used for calculating taxes?

A) GST
B) Payroll
C) Inventory
D) Email

Sharpen your skills with more Tally Prime MCQ! See more now.

11. Which of the following is a primary feature of Tally Prime?

A) Graphic designing
B) Financial and accounting management
C) Video editing
D) Social media management

12. What is the shortcut to create a new company in Tally Prime?

A) Ctrl + N
B) Ctrl + C
C) Ctrl + S
D) Ctrl + T

13. In Tally Prime, which option is used to manage payroll?

A) Payroll module
B) Inventory module
C) Sales module
D) GST module

14. Which of the following is NOT a feature of Tally Prime?

A) Multi-currency management
B) Online payment processing
C) GST compliance
D) Payroll management

15. What is 'Stock Group' in Tally Prime?

A) A category for organizing stock items
B) A type of voucher
C) A tax category
D) A report type

16. Which of the following is used to track financial performance in Tally Prime?

A) Balance Sheet
B) Email tracker
C) Customer report
D) Task scheduler

17. How do you apply GST in Tally Prime?

A) Use the GST module
B) Manually calculate it
C) Use the payroll feature
D) Use the sales module

18. What does the 'Inventory Management' feature of Tally Prime manage?

A) Stocks and items
B) Email accounts
C) Employee records
D) Reports

19. Which of the following is a financial report available in Tally Prime?

A) Profit & Loss Account
B) Video Gallery
C) Movie List
D) Weather report

20. What is a 'Ledger' in Tally Prime?

A) A record of financial transactions
B) A customer management tool
C) A document storage system
D) A sales transaction

21. Which of the following can be defined as a 'Cost Center' in Tally Prime?

A) A location or department for tracking expenses
B) A financial report
C) A type of inventory item
D) A sales transaction

22. How can you back up data in Tally Prime?

A) Use the Backup option under the 'File' menu
B) Export data manually
C) Use the 'Restore' feature
D) It's not possible

23. What is a 'Contra Voucher' in Tally Prime?

A) A transaction that affects both cash and bank accounts
B) A sales voucher
C) A purchase voucher
D) A payroll voucher

24. How can you create a new ledger in Tally Prime?

A) Go to the 'Gateway of Tally' and select 'Create Ledger'
B) Right-click on the screen and select 'New Ledger'
C) Use the shortcut 'Ctrl + L'
D) Use the shortcut 'Ctrl + N'

25. Which of these is NOT an option in the 'Gateway of Tally'?

A) Accounting Vouchers
B) Inventory Vouchers
C) Employee Management
D) Reports

26. In Tally Prime, what is used to record customer and vendor transactions?

A) Sales and Purchase Vouchers
B) Journal Vouchers
C) Payroll Vouchers
D) Receipt and Payment Vouchers

27. What is the default currency in Tally Prime?

A) USD (U.S. Dollar)
B) INR (Indian Rupee)
C) EUR (Euro)
D) GBP (British Pound)

28. What is a 'Debit Note' used for in Tally Prime?

A) To record goods returned by a customer
B) To record purchases made by the company
C) To apply taxes
D) To manage employee salaries

29. Which module in Tally Prime helps to manage expenses related to employees?

A) Payroll module
B) Inventory module
C) Sales module
D) Purchase module

30. Which of the following statements is true about Tally Prime?

A) Tally Prime is used for accounting and financial management
B) Tally Prime is a social media tool
C) Tally Prime is only for inventory management
D) Tally Prime is a graphic design tool

1. Enhances Learning and Retention

Tally Prime MCQs to help you remember and implement crucial concepts, resulting in better retention.
Not only will you recall facts, but you will also understand crucial functions such as voucher entries, reporting, and GST compliance more effectively.

2. Tally Prime focuses on real-life

practice over theory. You can acquire hands-on skills that you will require for actual accounting and financial management activities by taking scenario-based multiple-choice questions.
Processing payroll, preparing financial statements, and reconciling bank statements, for instance, will be easy once you have practiced these multiple-choice questions.

3. Enhances Time Management

Practice under time constraints with Tally Prime MCQs familiarizes you with the process of rapid thinking and efficient time management—a requirement for exams as well as interviews.
The more you practice, the faster and more effective you will become, allowing you to respond to questions confidently within time constraints.

Tips for Obtaining Good Scores on Tally Prime MCQs

The following are the tips that will help you perform well on Tally Prime tests or interviews:

1. Practice MCQs on a daily basis.

Practice some multiple-choice questions of Tally Prime every day. If you are aware of the pattern of questions, then you can solve them quicker and more accurately.

2. Memorize Key Concepts

Concentrate on often tested subjects such as company formation, vouchers, and financial statements. Also, practice Tally Questions for Practice with Answers so that you cover all crucial areas.

3. Use Tally Prime for Hands-On Practice

Gain practical experience with Tally Prime by downloading and installing it on your computer and then learning it thoroughly. Things will become more understandable and theoretical knowledge will be retained better with practical knowledge.

4. Obtain Experience in Test Simulated Environment

For simulating the actual exam situation, develop your own timed practice tests or do online Tally mock tests with solutions.

5. Stay Updated with the Latest Features

Update yourself with Tally Prime MCQ Questions and Answers for 2025 to remain informed about any new features or updates that could be useful for your exam or interview.

How to Shine in Tally Prime Interviews

To leave a lasting impression on a Tally Prime interview, follow these strategies:

1. Prepare for Core Questions

Prepare to respond to basic questions regarding Tally Prime features, like how to create a company, handle ledgers, and produce financial reports.

Interviewers can also ask you to show solutions for real-life issues or solve accounting situations with the help of Tally Prime.

2. Focus on Practical Experience:

If you have previously worked with Tally Prime or for your projects, mention your practical experience with the software. Demonstrating practical application will emphasize your skills.

3. Prepare for Scenario-Based Questions

Prepare to respond to questions that need you to solve problems related to account management, report generation, or transactions.

Conclusion

Anybody aspiring to pursue a career in accounting or finance must learn Tally Prime. Not only does it improve your theoretical skills, but practicing Tally Prime MCQ Questions and Answers also prepares you for real-life usage. Regular practice will assist you whether you are getting ready for examinations or interviews or simply want to improve the way you work.

You will be assuredly prepared for any Tally problem with the help of study material such as Tally Prime MCQ Questions and Answers 2025 and Tally MCQ Online Tests. Take the first step now to gain the capability of acing interviews and tests!

FAQs

Q1. What is the latest version of Tally Prime?

You can find the latest version on the official Tally Solutions website.

Q2. Can I use Tally Prime for free?

Tally Prime provides a free trial, but you’ll need a license for complete access.

Q3. Is Tally Prime suitable for large businesses?

Yes, Tally Prime offers multi-user functionality, making it perfect for businesses of all sizes.

Q4. Can Tally Prime be used for GST filing?

Yes, Tally Prime includes built-in features for GST compliance.

Q5. How can I learn Tally Prime?

You can master Tally Prime by taking online courses, watching tutorials, and enrolling in certification programs.