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COPA Set-1
Using Accounting Software
26

Using Accounting Software MCQ with Answers

26) What is the purpose of security feature in Tally?

Provides budget option

Provides option for data backup

Provides option to upload reports

Provides statement of accounts

Answer is:

Provides option for data backup

Using Accounting Software MCQ with Answers

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27) Which term is used for receiving aspects of a transaction?

Credit

Debit

Profit

Receipt

Answer is:

Debit

28) What is the purpose of Tally audit feature in Tally ERP 9?

Allows easy analysis of result / reports with graphical values

Allows statutory reporting for VAT, CST, TCS, TDS, FBT, GST

Allows splitting of company data into multiple compaines

Verify, validate and accept accounting information

Answer is:

Verify, validate and accept accounting information

29) Which combination of key is used to change the financial period in Tally?

Alt + F2

Ctrl + F2

Shift + F2

Answer is:

Alt + F2

Explanation:

Alt + F2 key is used to change the financial period in Tally.

30) Which combination of key is used to open 'Tally Reference Manual'?

Alt + H

Alt + M

Alt + R

Alt + T

Answer is:

Alt + H

Using Accounting Software MCQ with Answers

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26) What is the purpose of security feature in Tally?

Provides option for data backup

Using Accounting Software MCQ with Answers

Related Using Accounting Software MCQ with Answers

27) Which term is used for receiving aspects of a transaction?

Debit

28) What is the purpose of Tally audit feature in Tally ERP 9?

Verify, validate and accept accounting information

29) Which combination of key is used to change the financial period in Tally?

Alt + F2

30) Which combination of key is used to open 'Tally Reference Manual'?

Alt + H

Using Accounting Software MCQ with Answers