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CFAS PRACTICE MCQ
1.From which menu you will see budget variance statement
a) Setup
b) View
c) Activities
d) Reports
Answer: d) Reports
CFAS PRACTICE MCQ
2.Transfer the cash from one bank to another bank, which voucher
should be use?
a) Contra voucher
b) One Db/Cr
c) Bank Transfer
d) Many Db/Cr
Answer: c) Bank Transfer
CFAS PRACTICE MCQ
3._______ is used to display Trading Account of your company
a) Prepare Trading Account
b) Integrate Accounts & Inventory
c) Profit & Loss Layout
d) Balance Sheet Layout
Answer: a) Prepare Trading Account
CFAS PRACTICE MCQ
4.The full form of ROP is________.
a) Sales Return
b) Return of Purchase
c) Return of Payment
d) None of these
Answer: b) Return of Purchase
CFAS PRACTICE MCQ
5.Which company developed this software?
a) Busy Infotech
b) Eastern Data Product Pvt. Ltd.
c) Tata Consultancy Services
d) Excell Infocom Pvt. Ltd.
Answer: c) Tata Consultancy Services
CFAS PRACTICE MCQ
6.From under which group you have to create sundry debtors
subgroup++++++
a) Assets
b) Current assets
c) Liablilities
d) Fixed assets
Answer: b) Current assets
CFAS PRACTICE MCQ
7.How to activate inclusion of zero balance ledger in opening
trial balance?
a) Master > Chart of Accounts > GL
b) Setup > Chart of
c) Company > Options > General
d) None of these
Answer: c) Company > Options > General
CFAS PRACTICE MCQ
8.Opening Net Profit balance should be enter in________.
a) Profit & Loss - Current Year
b) Profit & Loss - Previous Year
c) Profit & Loss A/c
d) Opening Balance PL A/c
Answer: d) Opening Balance PL A/c
CFAS PRACTICE MCQ
9.Cash withdrawan from Bank'- the document type we use to pass
this entry is________.
a) Cash Deposit
b) Bank Deposit
c) Cash Transfer
d) Cash Withdrawal
Answer: d) Cash Withdrawal
CFAS PRACTICE MCQ
10.Inventory Means________.
a) LEDGER
b) GODOWN
c) NONE OF THESE
d) STOCK
Answer: d) STOCK
CFAS PRACTICE MCQ
11.Maintain Cost Center Is Under________.
a) F10
b) F2
c) F1
d) NONE
Answer: c) F1
CFAS PRACTICE MCQ
12.Enable Tax Collected At Source Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: c) F3
CFAS PRACTICE MCQ
13.Enabled Cheque Printing Is Exist Under ________. Feature.
a) Inventory feature
b) Accounting feature
c) Statutoty & Taxation
d) Tally.Net feature
Answer: b) Accounting feature
CFAS PRACTICE MCQ
14.If You Want To Change The View Of Voucher Type, Using
By________.
a) Name of Class
b) Voucher type Alter
c) From Day Book
d) From Ledger list
Answer: a) Name of Class
CFAS PRACTICE MCQ
15.Maintain Multiple Godowns Feature Activated From________.
a) F11
b) F11 > F1
c) F11 > F2
d) F11 > F3
Answer: b) F11 > F1
CFAS PRACTICE MCQ
16.From Gateway Of Tally If We Can Press Alt + F1 Means________.
a) Shut Company
b) Edit Company
c) Delete Company
d) Change Period
Answer: a) Shut Company
CFAS PRACTICE MCQ
17.Enable Value Added Tax Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: c) F3
CFAS PRACTICE MCQ
18.Enable Tax Deducted At Source Option Is Under________.
a) F1
b) F2
c) F3
d) NONE
Answer: c) F3
CFAS PRACTICE MCQ
19.Follow Excise Rules For Invoicing Is Under________.
a) F11
b) F10
c) F3
d) NONE
Answer: c) F3
CFAS PRACTICE MCQ
20. Payroll Autofill Button
Is________.
a) Alt + A
b) CTRL + B
c) SHIFT + B
d) NONE
Answer: a) Alt + A
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