Question :

How many primary groups are there in Tally


A) 19
B) 28
C) 15
D) 20

Answer : C

Description :


Out of the twenty eight pre-defined groups, fifteen are primary groups and thirteen are sub-groups. The user can create any number of Primary Groups and Sub Groups which are again grouped under a Primary Group/Sub Group.


Related Questions - 1


Which option is used in Tally to make changes in created company


A) Select Company
B) Shut Company
C) Alter
D) None of these

View Answer

Related Questions - 2


Which of the following is compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Units of Measure
D) All of these

View Answer

Related Questions - 3


Where do we record cash sales in Tally


A) Contra
B) Receipt
C) Payment
D) Journal

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Related Questions - 4


What is the advantage of a computer-based transaction processing system


A) Does not require as stringent a set of internal controls
B) Will produce a more accurate set of financial statements
C) Eliminates the need to reconcile control accounts and subsidiary ledgers
D) Will be more efficient at producing financial statements

View Answer

Related Questions - 5


How many inbuilt Accounts group are in tally by default


A) 29
B) 31
C) 25
D) 34

View Answer