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COPA
COPA Set-1
Using Accounting Software
18

Using Accounting Software MCQ with Answers

18) Which activity in Tally is used to find out the financial position of the organisation?

Balance sheet

Book-keeping

Trading

Profit and loss

Answer is:

Balance sheet

Using Accounting Software MCQ with Answers

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Related Using Accounting Software MCQ with Answers

19) What is referred to as buying and selling of goods?

Normal account

Real account

Profit and loss account

Trading account

Answer is:

Trading account

20) Which factor determines the cost of the product?

Direct cost

Elements of cost

Indirect cost

Standard cost

Answer is:

Elements of cost

21) What is the shortcut key to export the report in ASCII, SDF, HTML or XML format?

Alt + C

Alt + D

Alt + E

Alt + X

Answer is:

Alt + E

22) Who gives benefits without receiving money, but will claim in future?

Creditor

Debtor

Owner

Worker

Answer is:

Creditor

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