1

6 7

10

11

12

13

The ------ key can be used to select an existing company from list of companies. Import and Export of data between Tally and other programs is possible only through ---------Program. The re-order point is the inventory quantity that trigger a stock replishment activity. A created company's detail can be modified through keys A/An ------------- is the official notice that the firm sends to its customers to advise then to the amount of money that is owed. In tally,all masters have ________main options In tally,to create a new column in balance sheet press _______ In tally,the use of group behaves like a sub-ledger, option is that we can summarize many ledger accounts into one line statements In tally, we can alter ledger details using either single or multiple modes but not alble to delete a ledger from multiple modes. In tally,a group company is marked with an ______________ The systems that work together to order,receive, and pay for replenishment of stock are --------------Tally allows to delete a ledger from --------alteration mode. --------------------- is/are useful for management in the decision making.

F1

ALT+F1

CTRL+F1

None of the above

Tally ODBC

Tally IMP

Tally INI

None of the above

TRUE

false None of the above

F3

ALT+F3

CTRL+F3

Invoice

Bill

A or B

None of the above

Two Ctrl+C

Three Alt+C

Four Alt+Ctrl+C

Five None of the above

B B

TRUE

FALSE

TRUE

FALSE

&

^ Puchasing, Receiving and Accounts payable Mone of the above All of the above

Puchasing and Accounts payable

Puchasing and Receiving

Accounts payable and Receiving

Single Cash Flow Statements

Multiple Fund Flow Statements

A or B

Ratio Analysis

14

15

16

17

18

19

20

21

22

23

24

25

26

In tally,the group company must contain at least _____________ members To cancel a vourcher entry in Tally, short-cut key is ----------The accounting masters and inventory masters related to We press ------------function key to display the age-wise analysis of Bills Receivable or Bills Payable report In Tally, we press -----------, to print report . In Tally, Types of Accounts and Types of Vouchers passed during the period, can be seen in ------------- report. In the Tally Software, the ------------ directory stores all data entered by the user. The Ledger Accounts are unique in Financial Accounting Packages Customers can be permitted to enter their own data into the firms computer using the firms wide area network is an example of In Tally, we can customize the Vouchers as per our requirements The number of steps in Accounts Compilation are Each action/transaction of a firm is described by a ----------------. Tally is based on mercantile accounting system Ctrl + N is used to ----------

Two

Three

Four

One

Alt+D Create Information

Alt+X Alter Information

Ctrl+T Display Information

Ctrl+D All of the above

F4

F5

F6

F7

Alt+P

Ctrl+P

Shift+P

None of the above Journal Book

Tally Audit

Statistics

Day Book

Bin

Data

Sub

None of the above

True

False

Enterprise Data Interchange

Enterprise Data - Information

Electronic Data Interchange.

All of the above

TRUE 2 data element FALSE Display stock valuation method

FALSE 3 data record TRUE 4 Field 5 All of the above

27

Open Calculator

Change Period

None of the above

28

29 30 31 32

33

34

35

36

37

------------- in Tally classify the accounts under different heads so that summarised information is possible. Revenue Account also known as -------------Account Method of Voucher Numbering is/are Accounts Receivable are displayed in To assemble a product from different items ------------- entry is used A --------- purchase orders data flow is directed to the purchasing system for use in closing out the outstanding purchase orders in the receiving system diagram. Tally provides at least -------- predefined voucher formats The value of the inventory is included in a ledger accounts as an asset on the balance sheet " The buyers can follow up with the suppliers to determine the reasons " is an example of ---------------From voucher entry mode , if we press __________ then we get payment voucher in tally Default Cost Category in Tally is/are -------------A Group Company is simply a name and an identify given to the merged accounts member companies of the group. A ----------- is a primary document for recording all financial transactions. The field can have a value between ________________ in FA Package.

Ledgers

Groups

Journals

None of the above None of the above All of the above All of the above Reversing Journal

Personal Manual Balance Sheet Journal

Nominal Automatic Profit & Loss Stock Journal

Real None Journal Book Physical Stock Transfer

B D A B

Filled

Receipt

Issue

None of the above

11

16

18

21

FALSE

TRUE

management by objective

management by exception

electronic data analysis

All of the above

F4

F5

F6

Alt+f5

38

Main Location

Primary

Primary Cost Category

All of the above

39

True

False

40

Ledgers

Reports

Vouchers

None of the above None

41

0 to 9

1 to 100

10 to 60

42

43

44 45

46

47

48

49

50

51

The _______ file maintains data that describes the supplier past transaction with the firm in terms of material quality in AIS It is necessary to manipulate data to transform it into --------------In tally, to change the date of the voucher press ______ Tally can maintain budgets on ---------------The value of the inventory is included as an asset on the balance sheet In ratio analysis report of Tally FA packagewe we press ________________ function key to the display of bills receivable , bills payables report The accounts payable system is responsible for paying the suppliers for the ----------------What is the default financial year in Tally6.3 _________________ Tally encrypts and stores TALLY DATA at the data directory The Profit & Loss statement can be displayed in --------------- format(s). Default ledger accounts in tally are ______ Default 'godown' name in tally is ____________ 'Tally vault' is a _________________ To create a sales voucher in tally , you have to press _______ A Group Company is ------------------------ given to the merged accounts of

Supplier

Suspense

Order

All of the above

Report

Output

Information

None of the above Ctrl+f4 None of the above

F2 Net Transactions True

F4 Closing Balance False

Ctrl+f2 A and B

A C

F6 function key

Alt + f6 function key

F7 function key

None of the above

Sales

Purchases

A or B

None of the above None of the above

1-4-1995 to 31-3-1996 True

1-4-1996 to 313-1997 False

1-4-1997 to 313-1998

Horizontal Balance sheet & profit & loss profit & loss and trial balance Primary Security mechanism F5

Vertical

A or B

None of the above

52

Profit & loss and trial balance Main location Ledger a/c F7

Cash and profit & loss

Cash and bank None of the above None of the above F9 None of the above

53 54 55

A or b Cost category F8

B A C

56

a name

an identity

A and B

member companies of the group. In tally,"credit note" voucher type records entry for ________________ In tally you get currency symbol option from _______ menu ------------------ gives the balance for each day for the voucher type has been selected. For 'stock journal' entry we press ______________ in tally Tally provides the capability to the administrator/auditor to track changes in the areas is/are In tally, types of users are _______________ By pressing -------- key, a list of inventory reports can be displayed straightaway from the balace sheet report Projected approximation of income or expenses is called ______________ . "Administrator" type user is also called 'Auditor' of a company in Tally You will get company information , if you press __________ from gateway of tally A constituent(member) company can be a member of more than one group. Default stock category in tally is ______ To create a log of the import activity in a file _____________ is located in the same directory as an executable program in tally In Tally,inventory valuation method option is available from

57

Sales return Company creation Trial Balance

Purchase return Stock items units Daybook

a or b Regional setting Balance Sheet

None of the above None of the above None of the above F11

58

59

60

F7 Changes in transactions or vouchers 2

Alt + F7

F10

61

Changes in Ledger Masters

Both A and B

None of the above

62

63

F9

F10

F11

F12

64

Balance sheet

Profit & loss a/c FALSE

Budget

None

65

TRUE

66

F3

Ctrl+F3

Alt+F3

None of the above

67

TRUE

FALSE None of them

68

Main location

Primary

Symbol

69

Tally.imp

Tally.ini

A or b

None

70

Stock summary

Stock journal

Stock analysis

None of the above

_______

71

Tally audit feature is available in a company __________________ In tally, a group company can also be a constituent(member) of another group company Default number of groups in tally are ________ During voucher entry ------------ are used. User designated as -------------- can view audit list.

By pressing F11 function key

During the creation of a company

In 'comp info > security control' option

None

72

TRUE

FALSE

73 74 75

128 Ledger Accounts Administrator One company to another company created withon Tally Package

228 Groups Owner

28 Sub-Groups Data Entry

16 B or C TallyVault

C A A

76

Tally supports Importing of data from ---------------

Other programs - a spreadsheet or a database file.

Both A and B

None of the above

77

In an accounting information system, which of the following types of computer files most likely would be a master file? Which of the following is an advantage of a computer-based system for transaction processing over a manual system? A computer-based system:

Inventory subsidiary.

Cash disbursements.

Cash receipts.

Payroll transactions.

78

Does not require as stringent a set of internal controls.

Will produce a more accurate set of financial statements.

Will be more efficient at producing financial statements.

Eliminates the need to reconcile control accounts and subsidiary ledgers. an instruction that has been transferred from memory Exception reporting AGP Card

79

The memory address register is used to store

data to be transferred to memory

data that has been transferred from memory

the address of a memory location

80

81

Inefficient usage of excess computer equipment can be controlled by Which of the following is not the component of a CPU

Contingency Planning NIC Card

System feasibility report VSAT

Capacity Planning RAM

82

A trailer label is used on a magnetic tape file, it is the last record and summarises the file. The following is an information not found in the trailer label Hard copy is a term used to describe...? What do the abbreviations VAB stand for What control would prevent the accidental erasure of customer information from a magnetic tape What are the individual dots which make up a picture on the monitor screen called? Header label normally include all the following except the A daisy wheel is a type of...? Which approach or technique is a control usually associated with microcomputers An impact printer creates characters by using...? The best security control in a microcomputer environment is to What would you NOT use with a flatbed plotter? What do you need for an ink jet printer? The greatest control exposure in a microcomputer environment is the lack of What do you need for an ink jet printer?

Record Count

Identification Number

Control totals for one or more fields

End-of-file and end-ofreel code

83

Writing on a hard board Voice activated broadcasting

Printed output

Storing information on the hard disk Visual audio board

None of above

84

Voice answer back

None of above

85

Validity check

Boundary protection

File protection ring

Limited access files

86

Coloured spots

Pixels Identification number Storage device Physical Security

Pixies

None of above Batch Total None of above Data Dictionary

87 88

File Name Printer

Reel Number Pointing device

D A

89

System Logs

Console Log

90

Electrically charged ink Restrict physical access A pen A cartridge

An ink pen

An inked ribbon and print head Require user passwords Eraser A ribbon Centralised function for PC Disposition A ribbon

None of above Make duplicate copies of files None of above A cassette Distributed policies or procedures None of above

91

Use only unremovable media Paper A drum Centralised function for PC acquisition A drum

92 93

C A

94

Separation of duties

95

A cartridge

96 97 98 99

A laser printer does NOT use? The amount of data that a disk may contain is known as the disks...? You can ________ protect a floppy disk. Information on a hard disk is usually backed-up using a...? Magnetic tape is a...? Hard disks can have a storage capacity in the region of...? Which storage device has the largest capacity in Mb? Which storage device cannot be erased? Where should floppy disks be stored? The contents of these chips are lost when the computer is switched off? What are responsible for storing permanent data and instructions? Which parts of the computer perform arithmetic calculations? What are small high speed memory units used for storing temporary results? How many bits of information can each memory cell in a computer chip hold? What type of computer chips are said to be volatile? Software can be divided into two areas: Travel agents use this computer system when reserving flights

A print head Volume Read Magnetic tape Serial access medium 1.44MB

A laser beam Size Write PAN drive Random access medium 20 GB

An INK RIBBON Storage capacity Read and Write Floppy disk A parallel access medium 700MB Magnetic tape storage Magnetic tape storage In a drawer CDROM chips DRAM chips Logic bus

None of above None of above None of above None of above None of above None of above None of above None of above None of above None of above None of above None of above None of above None of above None of above

C C B A

100

101

102

A CD-ROM

A floppy disk

103 104 105

A CD-ROM By a sunny window ROM chips RAM chips ALU

A floppy disk By magnet objects RAM chips ROM chips Registers

A C B

106

107

108

CPUs

Registers

Control unit

109

0 bits

1 bit

8 bits

110

RAM chips Network software and security software Supercomputer

ROM chips Systems software and application software Personal computer

CACHE

111

Business software and games software Mainframe computer

None of the above

112

None of above

113

Which computers are used in the weather forecasting industry? Vacuum tube based electronic computers are...? Which generation of computer was developed from microchips? Which generation of computer uses more than one microprocessor? Which generation of computer developed using integrated circuits? Which generation of computer developed using solid state components? Name three steps involved in developing an information system _______ is used for CAAT as database Generalized audit software perform auditors to undertake any past records and not concurrent auditing Generalized audit software is a file whose capabilities for verifying processing is logic CAAT's are computer program and data that auditor uses as part of the audit procedures to process data if audit significance contained in an entity information system CAAT do not contains package programs, purpose written program, utility programs or system management programs

Notebook computers First generation Second generation Second generation Second generation Second generation

Supercomputers

Jon Von Neumann computers Hoover generation Fourth generation Fifth generation Fifth generation Fifth generation

None of above None of above None of above None of above None of above None of above

114

Second generation First generation Third generation Third generation Third generation

115

116

117

118

119

Specification, Design, and Testing

Programming, Design, and Testing

Analysis, System Design, and Implementation JCL

None of above

120

Oracle

ACL

none the above

121

True

False

122

True

False

123

True

False

124

yes

no

125

126

127

128

129

130

Embedded audit routines are sometimes built into an entity's computer system to provide data for later user by the auditor SCARF involves embedding audit software modules within an application system to provide continuous monitoring Concurrent use auditors as the member of the system Regular cross system verification may minimize frauds Computer security is frequently associated with confidentiality, integrity and authentication Data reserve engineering process metadata to document system and abstract business rules and relationship The first step for developing CAAT is_________ Using the open database connectivity feature in ACL is ______________ Computer Assisted Audited Technique involves the use of computers through "Black Box Approach" White Box Approach necessary involves expert knowledge on the part of Auditor The transition from manual system to CIS environment bring dramatic changes including ________________ Auditing with computer necessarily supports the

true

false

true

false

true true

false false

true

false

true

false

131

to determine the audit objective can bring the data directly

review and evaluate the types of data can bring the data indirectly

to obtain a record layout

extract data from file none of the above

132

all the above

133

True

False

134

True change in the method of recording accounting transaction documents driven approach

False

135

use of accounting codes

absence of audit trails

all the above

136

risk driven approach

unique approach

none of the above