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Tally Questions and Answers

13. To save entry without any amount, we have to use
 
  • A. Cost Center
  • B. Maintain Multiplegodown
  • C. Allow O value entry
  • D. Use Rej.Notes
Answer: C.
Allow O value entry
 
14. Memorandum Voucher does not affect Books of Accounts.
 
  • A. True
  • B. False
Answer: A.
True
 
 
15. There is no difference between Shut Company & Delete Company.
 
  • A. True
  • B. False
Answer: B.
False
 
16. Can we allow Expenses/Fixed Assets in Purchase vouchers?
 
  • A. Yes
  • B. No
Answer: A.
Yes
 
17. BOM represents Bill of Materials.
 
  • A. True
  • B. False
Answer: A.
True
 
18. Retained Earnings is an alias of
 
  • A. Investments
  • B. Reserve and Surplus
  • C. Indirect Income
  • D. None of these
Answer: B.
Reserve and Surplus