Tally mcq questions With Answer | Accounting ERP Question | Computer Fundamental

Answer: Option B

Maintain Bill Wise Details is a function that helps to track the details of a voucher entry i.e. Credit Sales or Credit Purchases so important information about that particular voucher or bill is available. It also help to mark payment against particular invoice or bill. To activate this feature in tally:
Gateway of Tally > Press - F11: Accounting Features > Set 'Yes' to 'Maintain Bill wise Details

Answer: Option D

There are 34 Predefined groups are there in Tally ERP 9. Some of them are Bank Accounts, Current Asset, Secured Loan, Indirect Expense etc. Apart from these pre-defined Groups tally allow us to create under these main groups.

Answer: Option C

In tally Suspense Account Group is defined under Liabilities.
A suspense account is an account used to temporarily store transactions for which there is uncertainty about where they should be recorded. Once the accounting staff investigates and clarifies the purpose of this type of transaction, it shifts the transaction out of the suspense account and into the correct account(s). An entry into a suspense account may be a debit or a credit.

Answer: Option C

Manufacturing Journal is used to make dispatch of multiple components to manufacture a single product. For Example, A Pen is made by following things: Refill, Nib, Upper Cover, Lower Cover & Cap. To create a manufacturing journal in tally
Gateway of Tally > Inventory Vouchers > F7 : Stk Jrnl .

Answer: Option D

Gateway of Tally > Inventory Info. > Voucher Types > Create.



Set this option Use a Manufacturing Journal to Yes. Once this option is set to Yes, it will allow to record Manufacturing Journal.