USING ACCOUNTING SOFTWARE - Quiz

1) What type of software is Tally?

Accounting Software Application Software Language Translator System Software

2) What is the purpose of financial management feature in Tally?

Importing and exporting data For stock transfer To get daily balances and Transaction value To prepare purchase records

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

Button bar Calculator Product info Work area

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

Balance sheet Book-keeping Profit and loss account Trading account

5) What is meant by current date in Tally?

Calendar date Last voucher date Last worked date System date