Question :

How to activate the tally audit feature in a company


A) Press F11 key
B) During the creation of a company
C) In comp info > security control-option
D) Press F12 key

Answer : B

Description :


Tally has an inbuilt feature- Tally Audit which enables the auditor to perform an audit or track changes that affect the integrity of a transaction, such as changes made to Date, Ledger Masters and Amounts in the Voucher are reflected in the Tally Audit Listings.

 

Gateway of Tally > F3: Company Info > Alter


Company Creation/Alteration screen set Use Tally Audit Features to Yes .


Related Questions - 1


Which of the following shows daily balance for a selected voucher type


A) Day book
B) Trial Balance
C) Balance Sheet
D) None of the above

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Related Questions - 2


Which key is used to post entry in Debit Note in tally


A) F7
B) F8
C) Ctrl + F9
D) Ctrl + F8

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Related Questions - 3


Where do we record credit purchase of furniture in Tally


A) Purchase
B) Payment
C) Receipt
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

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Related Questions - 5


The options ‘use common narration’ and ‘narration each entry’ appear


A) Account creation screen
B) Voucher entry screen
C) F11 Accounting features
D) Voucher type creation screen

View Answer