Using Accounting Software Set 1

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What type of software is Tally?

  

    (A) Accounting Software

    (B) Application Software

    (C) Language Translator

    (D) System Software

Accounting Software

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What is the purpose of financial management feature in Tally?

  

    (A) Importing and exporting data

    (B) For stock transfer

    (C) To get daily balances and Transaction value

    (D) To prepare purchase records

To get daily balances and Transaction value

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Which area in Tally screen provides quick access to different options?

  

    (A) Button bar

    (B) Calculator

    (C) Product info

    (D) Work area

Button bar

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Which is prepared to ascertain actual profit or loss of the business?

  

    (A) Balance sheet

    (B) Book-keeping

    (C) Profit and loss account

    (D) Trading account

Profit and loss account

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What is meant by current date in Tally?

  

    (A) Calendar date

    (B) Last voucher date

    (C) Last worked date

    (D) System date

Last worked date

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