Itt Question Bank
Itt Question Bank
According to Add line numbers, Table is counted as one line. TRUE FALSE Can't Say None A
Ctrl + A is used for ______________ Delet All Select All Unselect All None B
which of the following sortcuts will bold the selected text CTRL+ B CTRL+ I CTRL+ U CTRL+ E A
Page Background includes ______________. Watermark Page Color Page Borders All of These D
Page 1
q_desc
___________Text flows around the image and hugs its shape. Tight Through Behind Text: None A
Mailing Tab includes ____________. Create Start Mail Merge Preview Results All of These D
Nither A Nor
Create Group includes ______________. Envelopes Labels Both A and B C
B
Edit Recipient
Start Mail Merge group includes____________. Start Mail Merge Select Recipients All of These D
List
Nither A Nor
Mail Merge Data Base list extension is ________ .accdb .mdb Both A and B B
B
Insert Address
Address block appears which dialoge box? Address block Field Block None A
block
Nither A Nor
REFERENCES TAB includes ____________. Table of Contents Captions Both A and B C
B
Table of Contents Group not includes ___________. Table of Contents Add Text Update Table Insert Text D
Alt+W is used for which Tab? Data Insert View Page Layout C
How do you create a new document in word using office 365 File>>new Home>>new Insert>>new File>>opeb A
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Which of the following Tab is not avalibale in Ms-PowerPoint? Home Page Layout View Design B
Which tab is not available on left panel when you open a All of the
Outline Slides Notes C
presentation? above
Project
Note outlines for Communication All of the
PowerPoint presentations are widely used as___. presentations by D
teachers of planning above
students
In slide layout panel how many layouts are available for text None of the
4 7 12 A
layout by default? above
What PowerPoint feature will you use to apply motion effects to Animation Animation
Slide Transition Slide Design D
different objects of a slide? Objects Scheme
What feature will you use to apply motion effects in between a Animation Animation
Slide Transition Slide Design A
slide exits and another enters? Objects Scheme
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Objects on the slide that hold text are called _____. Placeholders Object holders Auto layouts Text holders A
____ is use to apply formatting from text, shapes and pictures to None of the
Format Painter Copy Styles A
another selection in Ms-PowerPoint. above
Which of the following group is not avalibale in Home tab of Ms-
Clipboard Slides Alignment Font C
PowerPoint?
In PowerPoint, you can use _____ to launch any other None of the
Styles Action button Object Linking B
Presentation, Application or Website from your presentation. above
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A
Which of the following should you use if you want all the slide in The slide layout Add a slide presentation
Outline view D
the presentation to have the same “look”? option option design
template
Delete and create Click and drag Double click the Click the
In order to edit a chart, you can _____ in PowerPoint. C
new the chart object chart object chart object
Which by default theme was appliyed on the slides in Ms- None of the
Apex Theme Office Theme Angels Theme B
PowerPoint? above
Slide Orientation option available in which group of Design tab in
Themes Background Page Setup Page Layout C
PowerPoint?
How the information is arranged on the slide is controlled by
Slide layouts Background Themes Slide Master A
_____ in PowerPoint?
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Which Excel function will display the current date? NOW() DATE() TODAY() CURRENT() C
Which chart type is best for comparing parts of a whole? Bar Chart Pie Chart Line Chart Area Chart B
Right-click and
Press All of the
How do you remove the content of a cell in Excel? Press Delete choose Clear D
Backspace above
Contents
To combine
To convert a To change the To extract text
What is the purpose of the TEXT function in Excel? text from A
number to text font style from a string
multiple cells
Page 6
q_desc
Both A and
Which of the following is a valid cell reference in Excel? A1 1A AA1 D
C
Which function will return the number of characters in a text
LEN() LENGTH() COUNT() CHAR() A
string?
Review > New Home > New Insert > New Data > New
How do you insert a comment in an Excel cell? A
Comment Comment Comment Comment
Use Conditional Use Data Use Format
How do you highlight cells that meet a specific condition? Use Sorting A
Formatting Validation Painter
Which of the following is not a type of Sparkline in Excel? Line Column Win/Loss Bar D
Review > Protect Home > Protect Data > Protect File >
How do you protect a worksheet in Excel? A
Sheet Sheet Sheet Protect Sheet
Drag the
Right-click the
Double-click the column
column header All of the
How can you change the width of a column in Excel? column boundary boundary on the D
and select above
on the right side right side of the
"Column Width"
column header
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q_desc
Combine
Which of the following is used to combine multiple cells into one? Merge & Center Group Consolidate A
Cells
To find specific
To create new To change cell To insert
What is a common use case for filtering data in Excel? records in a large A
formulas colors new columns
dataset
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q_desc
To apply complex
To format cells
criteria and copy To create
What is the purpose of the "Advanced Filter" feature in Excel? with specific To sort data A
filtered data to charts
rules
another location
Custom
Which option would you use to filter for values within a specific Date Filters > Number Filters > Text Filters >
Filters > Date A
date range? Between Greater Than Contains
Range
Which filter option is used to filter data based on cell color or font Number
Filter by Color Custom Filter Text Filter A
color? Filter
To obtain a To access
To streamline
To apply for a unique government
What is the primary purpose of E-PAN registration in India? the taxation C
passport identification healthcare
process
number services
Which of the following is required to apply for E-PAN? Aadhar Card Voter ID Driving Licence Passport A
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q_desc
Individuals with
income from
Salary,One Individual
Individuals with House Property with
income from and Other Non Resident agricultural
Who is Eligible for ITR-1 filling ? B
Business and Sources(Excludin Individual income
Profession g winnings from exceeding
from Lottery and 5000
Income from
Race Horses)
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Educational
Business name, Driver’s license
qualifications
What information is typically required when applying for a GST Passport number address, and and vehicle
and B
TRN? and date of birth PAN (Permanent registration
employment
Account Number) details
history
The GST
A business must registration
GST registration An existing VAT
apply for GST process
is mandatory only or service tax
registration within requires only
for businesses registered
Which of the following statements is correct regarding the GST 30 days of the
with an annual business must B
registration process in India? crossing the submission
turnover obtain a
threshold limit of of a PAN
exceeding ?10 separate GST
?40 lakhs in card and
lakhs. registration.
turnover. proof of
address.
Which of the following is the official website for GST registration www.gstindia.gov. www.india.gov.i www.gstregis
www.gst.gov.in B
in India? in n/gst tration.in
Professional Personal
Principal Place of Primary Point of
What does “PPOB” stand for in GST registration? Place of Place of A
Business Business
Business Business.
To classify To provide
What is the purpose of the HSN or SAC codes in the “Goods and To verify the To calculate
products and contact C
Services” section? business taxes
services information
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q_desc
A Nil Tax Return Filing a Nil Tax Nil Tax Returns Businesses
must be filed even Return is optional are filed using a with zero tax
Which of the following statements is TRUE regarding filing a Nil if there are no and only required separate form liability are
A
Tax Return under GST? transactions or no if there are that is not exempt from
tax liability during transactions but available on the filing any
the tax period. no tax liability. GST portal. GST returns.
When is a GST Nil Return typically required to be filed? Weekly Monthly Quaterly Half Yearly B
To provide
To report the
To report the To declare the details of
details of tax
What is the primary purpose of filing GSTR-1 under the Goods inward supplies of output tax liability outward
payments C
and Services Tax (GST) system? goods and and claim input supplies (sales)
made to the
services. tax credits. made during the
government.
tax period.
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Intra-state Intra-state
Inter-state
outward supplies outward
outward supplies
to an supplies to an
to an unregistered
unregistered unregistered None of
In GSTR-1 B2C large applicable for person having an A
person having an person having above
invoice value
invoice value an invoice value
greater than
greater than greater than
250000
250000 500000
To offset GST
paid on
To claim a refund To report GST To calculate
purchases
What is the purpose of Input Tax Credit (ITC) in GSTR-3B? from the paid on outward penalties for C
against GST
government supplies late filing
collected on
sales
Section D:
Which section of GSTR-3B is used to report the summary of Section A: Section B: Section C: ITC Tax Liability
inward supplies subject to the reverse charge mechanism Outward Supplies Inward Supplies Claimed and and ITC B
(RCM)? and Tax Liability Attracting RCM Reversed Reconciliatio
n
Both manually
Manually enter Import data only enter data and None of the
How can you import data into the GST Offl ine Tool? C
data only from Excel import data from above
Excel
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q_desc
Promoting Funding
Providing Offering health
employee employee
What is the primary purpose of registering in EPF unemployment insurance to C
savings for training
benefits employees
retirement programs
How many digits does the UAN (Universal Account Number)
16 11 12 14 C
consist of?
Promoting Funding
Providing Offering health
employee employee
What is the primary purpose of ESI registration? unemployment insurance to C
savings for training
benefits employees
retirement programs
To uniquely To connect To format
What is the primary key used for in a table? To sort the data B
identify records forms text
Sort and filter Enter new
What does a query allow you to do in Access? Print data Design forms A
data records
What is the file extension for an Access database? .xls .accdb .docx .mdb B
Which of the following is not an object in Access? Table Spreadsheet Query Form B
Create a
Create a primary relationship Create a
How can you enforce referential integrity between two tables? Use a form C
key between the query
tables
To display and To store large To generate To perform
In Access, what is the purpose of a form? A
enter data data reports calculations
Which view is used to create or modify a table structure in
Datasheet View Design View Report View Form View B
Access?
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Which of the following is NOT a valid data type in Access? AutoNumber Currency Graphic Yes/No C
To view or print
To delete
What is the purpose of the Report object in Access? data in a To create tables To input data A
data
formatted way
In an Access query, which operator is used for wildcard
% & # * D
searches?
Which short cut key is use to switch between field name and field
Ctrl + Q F6 Ctrl + Enter Alt + Q B
property in table design?
What is the maximum number of characters for a Short Text field
50 100 255 512 C
in Access?
Which object in Access retrieves specific data by filtering based
Table Form Report Query D
on certain criteria?
Use a primary
How can you create a one-to-many relationship between two Connect two
key and foreign Use queries Use macros B
tables in Access? forms
key
What is the default view for entering data into a table in Access? Form View Datasheet View Report View Design View B
Which part of the database stores the actual data in Access? Reports Queries Tables Forms C
Which is not a type of join in Access? Inner Join Outer Join Cross Join Self Join C
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How can you prevent duplicate records in an Access table? Use a primary key Use a form Run a query Use a report A
Which section of an Access report is used for page headers? Report Header Group Header Page Header Detail C
Which key is used to navigate between records in Access? F1 Tab F11 Arrow Keys D
Store large
Input, modify, and
In Access, a “form” is typically used to: Summarize data Print data amounts of A
display data
data
In which section of an Access report would you place totals or
Page Footer Report Footer Group Header Detail B
summaries?
What is the relationship between a primary key and a foreign key No
One-to-One One-to-Many Many-to-Many B
in Access? relationship
Which operator is used to select records with values within a
LIKE BETWEEN IN IS NULL B
specified range in Access queries?
Which function can be used in queries to perform calculations in All of the
COUNT SUM AVG D
Access? above
Can be a
Must contain Can contain
In a table, a primary key: Can be left blank calculated B
unique values duplicate values
field
True/False or
In Access, what does the "Yes/No" data type store? Numeric values Long text values Dates B
Boolean values
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A query that asks A query that uses A query that A query that
What is a parameter query in Access? for input before only pre-defined runs creates a A
execution criteria automatically report
What is the purpose of the "Group By" clause in an Access To summarize To format
To sort the results To join tables B
query? data reports
By using a filter By using the
By creating a
How can you filter data in an Access table? By using a macro option in the navigation B
report
datasheet view pane
Which data type would you use to store large blocks of text in
Short Text Long Text Number OLE object B
Access?
Which SQL statement is used to retrieve data from a database? GET SELECT RETRIEVE SHOW B
What is the correct SQL keyword to select all columns from a SELECT
SELECT # SELECT ALL SELECT * C
table? COLUMN
Which SQL clause is used to filter the results of a SELECT
WHERE HAVING ORDER BY FROM A
query?
In SQL, which operator is used to search for a specific pattern? IN BETWEEN LIKE = C
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SELECT * SELECT *
SELECT * FROM SELECT * FROM FROM FROM
Employees Employees Employees Employees
What is the correct SQL statement to retrieve all rows where the
WHERE Salary WHERE Salary WHERE Salary WHERE C
value of "Salary" is between 50,000 and 100,000?
LIKE 50000 AND IN (50000, BETWEEN Salary >=
100000; 100000); 50000 AND 50000 OR <=
100000; 100000;
Which SQL clause is used to sort the result-set? SORT BY ORDER BY GROUP BY HAVING B
Text files (.txt or All of the
Which of the following file types can you import into Access? Excel (.xlsx) XML files (.xml) D
.csv) above
Data
Excel Import Spreadsheet
Which wizard in Access helps you import data from an Excel file? Import Wizard Connection B
Wizard Wizard
Wizard
What is the most common file format used when importing plain
.docx .xlsx .txt or .csv .pdf C
text data into Access?
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q_desc
Which of the following queries would be used to update existing Make-Table Update
Select Query Crosstab Query D
records in a table? Query Query
What type of query would you use to delete records from a table Append
Select Query Crosstab Query Delete Query C
in Access? Query
A field that uses
A field that
arithmetic to A field that stores A field that links
Which of the following is a calculated field in an Access query? contains a A
combine values numeric data two tables
foreign key
from other fields
Which of the following would be a logical operator used in
SUM COUNT AND MAX C
Access query criteria?
To display a form
To manage To enter
What is the purpose of a subform? within another To create reports A
databases large data
form
Datasheet
In which view can you see live data as you modify your form? Form View Layout View Design View B
View
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q_desc
By setting
By using VBA By using All of the
How do you ensure data validation in a form? properties in the D
code validation rules above
form’s controls
Which form property is used to restrict the types of data a user Record
Input Mask Format Control Source A
can enter? Source
Data
What is a report in MS Access used for? Data input Data analysis Data deletion C
presentation
Which section of a report repeats for each record? Report Header Page Header Detail Page Footer C
Individual
What does a report’s Detail section display? Summary of data Report title Page number B
records
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q_desc
To display
To summarize To label data To display page
What is the purpose of a Group Header in a report? the report B
data groups numbers
title
To show
To display data To label data To display the
What is the purpose of a report footer? page A
summaries groups report title
numbers
By setting its
By setting its By setting its
By deleting the Locked
How can you hide a control on a report? Visible property to Enabled A
control property to
No property to No
Yes
Which event would you use to perform an action before a report
On Load On Open On Close On Print D
prints?
To combine
What is the main advantage of using a query as the Record To perform All of the
To filter records data from D
Source for a report? calculations above
multiple tables
By using the
By sorting records By filtering
How can you ensure that a report shows data from the most Top Values All of the
in descending records in the D
recent records only? property in the above
order query
query
Page 21
q_desc
By setting the
By using
How can you prevent a report from printing records that have a By using a filter in Visible property All of the
conditional A
zero balance? the query of the Detail above
formatting
section to No
Which option allows a report to display data from only the current
Filter Query criteria Sorting Grouping B
year?
Which report control can be used to display an embedded chart? Image Control OLE Object Subreport Text Box B
Which SQL clause is used to filter the rows returned by a query? WHERE HAVING ORDER BY FROM A
Which SQL statement is used to update data in a database? MODIFY UPDATE CHANGE SET B
Page 22
q_desc
Which clause is used to filter groups in SQL? WHERE GROUP BY HAVING ORDER BY C
Combines rows
from two or more Removes
What does the SQL JOIN clause do? Sorts data Filters rows A
tables based on a duplicates
related column
Which SQL keyword is used to retrieve unique values? DISTINCT UNIQUE DIFFERENT SEPARATE A
REMOVE ERASE
Which command is used to remove a table from a database? DELETE TABLE DROP TABLE B
TABLE TABLE
Which SQL clause is used to group rows that have the same
GROUP BY ORDER BY WHERE JOIN A
values?
To modify the To retrieve
To insert data into To remove a
What is the purpose of the SQL ALTER TABLE statement? structure of an data from a B
a table table
existing table table
Using the Using the Using the
SELECT SELECT SELECT All of the
How can you retrieve data from multiple tables using SQL? D
command with command with command with above
JOIN UNION INTERSECT
Which SQL clause is used to limit the number of rows returned All of the
LIMIT TOP ROWNUM D
by a query? above
Page 23
q_desc
Deletes the
Deletes all Deletes one first record
What will happen if you execute the following SQL query: Deletes the
records from the record from the from the B
DELETE FROM employees;? employees table
employees table employees table employees
table
Which of the following is a DDL command? SELECT INSERT CREATE UPDATE C
To perform To automate
To format To create
What is the primary purpose of a macro in Microsoft Access? complex repetitive tasks B
reports new tables
calculations and procedures
Page 24
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In Advanced Filter Criteria listed on the same row work with the OR logic AND logic XOR logic XAND logic B
Which type of are used to display trends over time. Line charts Bar charts Column charts Any A
The internal rate The interest rate The internal
of return for a of return for a return of rate for
IRR function represents Any A
series of cash series of cash a series of cash
flows flows flows
Goal Seek is a powerful tool for finding the ---------------- needed
input value output value data information A
to achieve a specific goal
Data Tables allow you to perform a one-variable or two-variable
Goal Seek Solver Data Tables Pivot Tables C
analysis of a formula
By using Goal Seek, we can quickly determine ----------------------- Both Source &
the source the target None B
we are required to achieve target
Creating and
comparing Sorting data
Organizing data in Calculating
different based on
Scenario Manager in Excel is particularly useful for a structured financial B
scenarios based specific
manner functions
on various input criteria
values
Page 26
q_desc
Which of the following is NOT a valid action in Access macros? SendObject PrintOut RunCode MessageBox D
By using the
By selecting it
"Run" button in By opening a
How can you run a macro in Access? By pressing F5 from the Macros B
the Macro report
tab
Designer
To execute
To loop through To apply To set default
What is the purpose of the 'If' condition in an Access macro? actions based on A
a set of records formatting values
a condition
No, macros only
Yes, by using the Yes, by using No, macros
Can macros in Access be used to interact with external data interact with
'SendObject' the 'RunCode' are limited to A
sources? internal Access
action action internal data
objects
Page 27
q_desc
Values from
Which type of data is typically used as column headings in a
Data types fields in the Calculated fields Row headers B
Cross Tab Query?
query
In a Cross Tab Query, which part of the query design is used to
Row Heading Column Heading Value Field Criteria C
specify how data should be aggregated?
Analyze
What is the primary purpose of Ms-Excel in accounting finance, Write
Create graphics numerical and Edit images C
and data analysis? documents
financial data
They adjust when They stay fixed They are not They format
What is the key advantages of using Absolute Cell References in
copied to another regardless of use in data B
Excel?
location copying calculations automatically
Which Excel feature allows you to restrict input to specific criteria Conditional
Data Validation Flash Fill AutoFill A
in a cell? Formatting
________________ automates data transformations based on
AutoFill Formatting Copy Flash Fill D
detected patterns.
___________________ enables the quick population of cells Conditional
AutoFill Flash Fill Paste B
with patterns. Formatting
Conditional formatting introduces an intelligent layer to data
TRUE FALSE A
visualization.
Which tab contains the feature 'Conditional Formatting'? Data Tab only Home Tab only Both A & B None B
Page 28
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Page 29
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Which logical function in Excel checks if all conditions are true? AND OR IF NOT A
Page 30
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Page 31
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=IF(B2>100,
Which syntax is correct to express - If the value in cell B2 is =IF(B2>100, =IF(B2<100, =IF(B2>=100, “Below
greater than 100, the formula returns “Above Target”; otherwise, “Above Target”, “Above Target”, “Above Target”, Target”, A
it returns “Below Target.” “Below Target”) “Below Target”) “Below Target”) “Above
Target”)
The function extracts characters from the beginning of a text. =LEN() =RIGHT() =LEFT() =TEXT() C
____________ calculates the end of the month based on a given EOMONTH EMONTH MONTH ENDMONTH
A
date. Function Function Function Function
The fomula calculates the number of days between the dates in =DATE(B2,C2,"D" =DATEDIF(B2, =DIFF(B2,C2,"D =DIFFDATE(
B
cells B2 and C2. ) C2, “D”) ") B2,C2,"D")
_______________ calculates the net present value of cash PMT
PV Function FV Function NPV function C
flows. Function
=VLOOKUP
(lookup_valu
=VLOOKUP =VLOOKUP =VLOOKUP
e,
(lookup_value, (lookup_value, ([lookup_value],
table_array,
Syntax of VLOOKUP() Function? table_array, [table_array], table_array, D
col_index_nu
[col_index_num], col_index_num, col_index_num,
m,
range_lookup) range_lookup) range_lookup)
[range_looku
p])
Page 32
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The function calculates total revenue for a specific product? =SUM() =COUNTIF() =SUMIF() =SUMIFS() C
Page 33
q_desc
What happens if the [num_chars] argument in the RIGHT() will return last will return first will return the will return
C
function is greater than the length of the text string? character character entire text string blank
Page 34
q_desc
Requires non-
Ignores Allows blank cells to
What does the Ignore blank checkbox do in the Data Validation Allows cells to
validation rules formatting of meet B
settings? contain any text
for blank cells blank cells validation
criteria
Page 35
q_desc
What-If Analysis
As aid in decision-making for investment opportunities, we can What-If Analysis financial tools and
None C
use Excel’s tools functions financial
functions
Which tool in EXCEL enables a meticulous analysis of how
Scenario
variations in two input variables Data Tables Solver All B
Manager
can influence financial outcomes.
Tool(s) allows/allow professionals to pinpoint specific inputs
Goal Seek and one or two
required to achieve predefined Scenario
Goal Seek Scenario variable(s) C
financial goals and create and compare scenarios based on Manager
Manager Data Table
diverse input values, respectively
optimal
evaluating loan projecting cash
What-If Analysis tools help in determining investment All D
options flows
strategies
A type of Sets of A shortcut
A type of chart
What is macro in Excel? mathematical instructions to key for B
in Excel
formula automate tasks navigation
Our Personal
Macro Workbook
The workbook we either of two
Macros can be stored in ----------- locations (which by default None C
are using locations
is hidden from
view)
Page 36
q_desc
A file extension ------------- represents macro enabled workbooks. .xlsx .xlsm .xls All B
Enabling the
Assigning a Naming the Clicking on
What is the first step in recording a macro? Developer C
shortcut key macro “Record Macro”
tab
Page 37
q_desc
To automate
To perform
To create To generate a series of
What is the primary objective of a Recorded Macro? complex D
visualizations random data actions in
calculations
Excel
Assign the
It is not possible Select the option We can only
shortcut key
When recording a macro, what should you do if you want to to assign a before starting assign shortcut
after stopping B
assign a shortcut key? shortcut key to a the recording keys to VBA
the recording
recorded macro process macros
process
By right-
By clicking on the clicking on a
It is always
“File” tab and By pressing the cell and
How can we enable the Developer tab in Excel? enabled by B
selecting F12 key selecting
default
“Options” “Developer
Options”
Page 38
q_desc
They can
They automate
replace the
They enhance repetitive tasks, They are only
need for
What is the significance of macros for Chartered Accountants? creativity in ensuring useful for basic B
financial
financial reports accuracy and calculations
analysis
efficiency
software
Types of Macros are Two Three Four Any A
A macro records our mouse clicks and keystrokes while we work
TRUE FALSE A
and play them back later.
Both Absolute
Absolute Relative reference mode
In Macros Cell Referecing Mode(s) is/are None C
reference mode reference mode & Relative
reference mode
Page 39
q_desc
From which of the following window in CaseWare IDEA can you Database Field
Project Property Modify Field C
print the "Field Definition"? Property Manipulation
Which of following feature can be used to extract random record Duplicate
Sampling Statification Key Extraction A
sets to a new database? Key
In CaseWare IDEA software, besides "Shared," what is another
Individual Remote Collaborative Integrated A
use of a project?
Centralized
Computerized Computer- Comprehensive
Audit and
What is the full form of CAAT? Automated Audit Assisted Audit Audit Analysis B
Assessment
Tools Techniques Technology
Tools
Limited ability
User-friendly High-level
Advanced to handle
Which of the following is a limitation of using Excel as a CAAT interface for integration with
statistical analysis large D
tool? complex data other advanced
capabilities volumes of
modeling audit software
data
Running
Identify all the CAATs on a
Perform
important fields Correctly identify live
substantive
Which of the following is not a precaution when using CAATs? that need to be data to be production D
testing as
accessed from audited environment
required.
the system without prior
testing
Page 40
q_desc
To completely
To efficiently To eliminate the To avoid
replace manual
What is a primary reason for using CAATs in auditing? analyze large need for auditor documenting A
audit
volumes of data judgment audit findings
procedures
Smart
Which of the following is not a valid tab of IDEA? Analysis View Report C
Analyzer
A structured
file that
A set of financial A collection of An individual
In CaseWare IDEA software, what does the term "project" refer contains all
statements being audit standards data analysis D
to? related data,
audited and guidelines function
files, and
analysis work
HOME TAB > FILE TAB > HOME TAB > FILE TAB >
What is the correct steps to create a project? PROJECT > CREATE > CREATE > PROJECT > A
CREATE PROJECT PROJECT CREATE
There are _________ types of Projects in IDEA. One Two Three Four B
Which of following option to select to create a project in "My Saved
Default Project Managed Project Root Project B
IDEA Document" folder? Project
"Project Overview and Library are not available in a shared
TRUE FALSE A
project in CaseWare IDEA." - True or False?
Which one of following is not a valid extension of any of IDEA
.IMD .ILB .ISS .IRR D
output object/file?
Page 41
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Neither
importing
You can export
You can import Both importing data from
data to Microsoft
data from and exporting Microsoft
Access but
In CaseWare IDEA, which of the following is true regarding data Microsoft Access data to and from Access nor
cannot import C
import and export with Microsoft Access? but cannot export Microsoft exporting
data from
data directly to Access are data to
Microsoft
Microsoft Access. supported. Microsoft
Access.
Access is
supported.
Data Report
In CaseWare IDEA, where can you track deleted databases? Project Overview History Property B
Management tab Reader
Page 43
q_desc
a unique
the "Revert"
identifier in restore the
option in the
database original order
In CaseWare IDEA, once records are sorted, you can revert to database
undo feature property , which using the B
their original order using _________________. toolbar to return
can be used to "Sort Order"
to the original
restore the tab.
order.
original order.
It works on
In CaseWare IDEA, in which type of field does the "Search"
Text Date Numeric all types of C
option not work?
fields
We can extract blank records from a database using "Gap
TRUE FALSE B
Detection" in IDEA. - True or False?
The extraction can be done in ________ different ways in IDEA. One Two Three Four D
To find out all records from "Kolkata" city, which one of the All of the
Key Value Indexed Direct D
following extraction can be applied? Above.
What does the SEARCH function return if the specified text is not
#VALUE! REF! #N/A #NUM! C
found within the text string?
It displays an It allows
It guides users It provides an
When configuring data validation, what is the purpose of an input error message if users to
when they select additional layer B
message? an incorrect value enter any
the cell of validation
is entered type of data
Page 44
q_desc
What does the LEN function return in excel if the text string is
#VALUE! 0 #NUM! #N/A B
empty?
______________ is a versatile spreadsheet application that
Microsoft Microsoft
allows you to organize, analyze, and Microsoft Word Microsoft Excel B
PowerPoint Access
manipulate numerical and financial data.
__________ allows financial analysts to summarize and analyze Conditional Cell styles
PivotTable Format as table A
large datasets with ease. Formatting and themes
Which version of excel allows users to access it across various Microsoft 365
Excel for
devices and Excel Online Excel for macOS (formerly D
Windows
platforms. Office 365)
Page 45
q_desc
Index Function in Excel allows to fetch a specific Value from a Table a Range of Data an Array All D
Page 46
q_desc
It specifies
When using VLOOKUP/HLOOKUP, what does the An exact match is An approximate the number of the column
B
[range_lookup]argument set to true mean required match is required matches number/row
number
Page 47
q_desc
In the formula =INDEX(A1:D100, MATCH(“Product B”, A1:A100, The lookup value The lookup value The
The range of
0), MATCH(“Q2”, A1:D1, 0)), in the vertical in the horizontal [column_num A
cells to search.
what does “Product B” represent? column. row. ] argument.
Page 48
q_desc
View specific
Highlight specific subsets of data Delete rows and Change font
When applying filters in Excel, what does it allow you to do? B
cells based on columns colors
defined criteria
To change
To prevent To restrict
To delete the the
anyone from unauthorized
What is the purpose of protecting a worksheet in Excel? contents of the formatting of B
viewing the access and
worksheet the
worksheet modifications
worksheet
When protecting a worksheet, what can you set to enhance
A username A password A color code A font style B
security?
It allows you to It prevents It restricts It deletes the
In Excel, what is the significance of password protecting a change the anyone from unauthorized contents of
C
workbook? workbook’s viewing the access to the the
formatting. workbook. workbook. workbook.
Which Excel feature allows you to protect an entire workbook Workbook Workbook Workbook
Workbook Lock A
with a password? Protection Security Encryption
Both Protecting
Protecting Cells & Protecting
Protecting a worhsheet involves Protecting Cells C
Worksheet Protecting Workbook
Worksheet
To defend against dangers, we need to use excel worksheet Both Locked &
Locked Hidden Unlocked C
protection that includes Hidden
Page 49
q_desc
----------------- are Graphical representation of Worksheet DATA Pictures Charts Smart Art Map B
Which one of the following extract option can't extract the Criteria
Key Value Indexed Direct B
records where the criteria is city= "Kolkata" OR city="Mumbai"? Property
Page 50
q_desc
In the acronym Caseware IDEA, what does the "E" stand for? Extraction Exploration Examination Evaluation A
By analyzing
By identifying
By comparing By assessing the
deviations from
historical data the growth rate correlation
In CaseWare IDEA, how can Benford's Law be used to detect the expected
trends with of financial between B
anomalies in a database? frequency
current financial statements over different
distribution of
data multiple periods financial
leading digits
metrics
Page 51
q_desc
To detect To evaluate
To verify the To ensure
possible the
What is the primary purpose of applying Benford's Law in an accuracy of compliance with
fraudulent activity performance B
audit using CaseWare IDEA? financial accounting
or errors in the of financial
statements standards
data management
The
The frequency
frequency of
The first digits of first digits
Higher digits are first digits is
Which of the following best describes a dataset that conforms to appear uniformly decreases
more frequent as equally C
Benford's Law? across all logarithmically
the first digit distributed
numbers as the digits
across all
increase
digits
In which tab is the "Benford's Law" option is available in Non of the
File Home View D
CaseWare IDEA? Above
Which sampling method in CaseWare IDEA is best used when
Systematic Random Stratified Cluster
you want to ensure each unit in your dataset has an equal B
Sampling Sampling Sampling Sampling
chance of being selected?
In CaseWare IDEA, which sampling method involves selecting Stratified Random Systematic
Cluster Sampling D
every nth item from a list after a random starting point? Sampling Sampling Sampling
Page 52
q_desc
By dividing the
By clustering
population into By randomly By selecting
When using the Stratified Sampling method in CaseWare IDEA, the data and
sub-groups and selecting a every nth item
how does the software ensure that the sample is representative sampling A
sampling sample from the from each sub-
of different sub-groups within the data? entire
proportionally entire dataset group
clusters
from each
Indexed
You can directly
Indexed Extraction
extract records
You can use both Extraction allows for
where a numeric
"Between" and supports only "Between"
field value is
In CaseWare IDEA, when using Indexed Extraction, which of the "Not Between" "Not Between" conditions
between two
following statements is true regarding extracting records based conditions conditions for but requires A
specified
on numeric ranges? directly in numeric ranges, custom
numbers, but you
Indexed but not scripting for
cannot use a "Not
Extraction. "Between" "Not
Between"
conditions. Between"
condition.
conditions.
To assess the
accuracy of To automate
To calculate the To categorize
transaction the process
What is the primary purpose of the "Aging" function in CaseWare time elapsed transactions or
amounts by of updating B
IDEA? since a record balances into
comparing them records with
was last updated different periods
with historical new data
data
Page 53
q_desc
What is the recognizable date format used in CaseWare IDEA? DD/MM/YYYY MMDDYYYY DDMMYYYY YYYYMMDD D
The substring
The last 4 from the 4th
What will be the result of the function GETAT(PAN, 4) in The first 4 The 4th
characters of character to B
CaseWare IDEA, where PAN represents a string or text field? characters of PAN character of PAN
PAN the end of
PAN
Page 54
q_desc
It returns the
It returns the
It returns True if It returns True if sum of salary
count of records
In CaseWare IDEA, what would be the result of the expression the salary is the salary is not values
where salary is B
@BETWEEN(salary, 10000, 20000) = 0 in append field? between 10,000 between 10,000 between
between 10,000
and 20,000 and 20,000. 10,000 and
and 20,000.
20,000.
Performing
Which of the following is not a valid operation in CaseWare Generating Visualizing data
Filtering records real-time web D
IDEA? random sample with pie charts
scraping
What is the short cut key to "Validate and Exit" the Equation
Ctrl + E Ctrl + V Ctrl + U Ctrl + F C
Editor window in IDEA?
Which of the following is NOT a type of join available in IDEA? Inner join Outer join Left join Cross join D
Page 55
q_desc
The common
A field to specify
A new index field between
the physical
In the context of key-value extraction, what does the term “key” created on one or The primary key 2 databases
sorting order A
refer to? more fields to find of the data set that are in
position of a
unique values use duing
record
extraction
Page 56
q_desc
Value Of
Grouping Categorizes Records Based On Which Of The Value Of Any Value Of Only Value Of Most
The Least A
Following Field Lookup Fields Used Fields
Used Fields
To Automate To Allocate
To Record Fixed Inventory
"Recurring Journal" Feature In Zoho Book Depreciation Depreciation B
Asset Purchases Tracking
Over Time Over Time
Creating Dashboard For Your Application Is Supported
List View Html View Grid View Script View B
In_________________
Which Of These Is Not A Basic Field Email Number Currency Formula D
Add Multiple
To Customize To Record
Vendor Or None Of The
What Is The Purpose Of Importing Customer/Vendors In Bulk Transaction Asset B
Customer At Above
Templates Depreciation
Once
A List Of All
A List Of All A List Of All The Accounts A List Of All
What Is The "Chart Of Accounts " In Zoho Books C
Clients Inventory Items Used In Transactions
Accounting
Customer
Invoice Project Employee
Which Of The Following Can Be Automated Using Zoho Books Support A
Reminders Assigments Payroll
Tickets
Which Of This Is Not A Zoho Integration Program Zoho Reports Zoho Evolve Zoho Crm Zoho Invoice B
Which Of These Is Not A Zoho Schedule Type Group Custom Form Report A
Page 57
q_desc
Page 58
q_desc
Creating
Importing Item Receiving Bank Recording
How Can User Manage Items In Zoho Book Customer A
And Price Lists Feeds Expenses
Profiles
"Sales" >
"Customers" And "Settings" > "Expenses" "Accountant"
How Can Customer And Vendors Be Added In Zoho Book A
"Purchase" > "Templates" Module Tab
"Vendors"
Sortcuts Key To Enabled Debit Note In Zoho Book Alt+N Ctrl + N Shift +M Shift +N C
Through Through Through
Through Price
How Is Asset Depreciation Recorded In Zoho Book Recurring Inventory Sales A
List
Journals Adjustments Transaction
Inventory
Which Report Provides A Summary Of Item Sales In An Inventory Purchase By Sales By
Valuation D
Organization Summary Item Item
Report
Which Module In Zoho Books Allows You To Manage Your
Contacts And Sales Purchase Contacts Reports C
Track Their Transactions
To Manage To Generate
To Track To Categorize
In Zoho Books, What Is The Purpose Of "Chart Of Accounts"? Customer Financial C
Inventory Transactions
Information Reports
Page 59
q_desc
Payroll
Which Section Of Zoho Books Allows User To Add New Payroll Key Functions Income Tax
Management B
Employees Processing In Zoho Payroll Calculation
With Zoho Books
Cash Flow
Movement
Assets On The Expenses And From Operating
Of Equity For
What Does The Horizontal Balance Sheet In Zoho Books Display Left And Liabilities Income Side - By- ,Investing ,And A
A Specific
On The Right Side Financing
Period
Activities
Page 60
q_desc
Which Zoho Books Feature Allows You To Track Time Spent On Purchase
Timesheets Estimates Inventory A
Projects And Bill Orders
To Reconcile To Generate
To Track To Create
In Zoho Book What Is The Purpose Of The "Brs" Feature Bank Financial B
Expenses Invoices
Transactions Statement
Page 61
q_desc
Page 62
q_desc
Which Feature In Zoho Banking Helps You Maintain A Record Of Bank Expense Transaction
Budgeting C
All Financial Transaction Reconciliation Tracking History
A Virtual Space
A Physical Office A Storage
To Organize A Collaboration
Provided By Zoho Space For
In Zoho Report , What Is A Workspace Report,Dashboar Tool For Team B
For Report Large
ds And Data Communication
Creation Datasets
Source
Page 63
q_desc
Customer
Start Date , End Vendor Name Item
Name And
What Information Required To Start The Reconciliation Process Date , And And Purchase Quantity And A
Sales Invoice
Closing Balance Order Number Rate
Date
Navigate To Go To
Access The
Click On "Report" The "Banking" "Sales
"Inventory
How Do You Initiate The Reconciliation Process In Zoho Book And Select " Module And Orders" And C
Transactions"
Balance Sheet" Select The Create A
Section
Account New Order
To Align Bank
Account To Track
To Record Sales To Calculate
What Is The Purpose Of Bank Reconciliation In Zoho Books Transactions Employee B
Transactions Liabilities
With Zoho Books Salaries
Records
What Is The Flagship Product Of Zoho Corporation Zoho Mail Zoho Crm Zoho Books Zoho Project B
Which Of The Following Is Not A Zoho Productivity Tool Zoho Writer Zoho Sheet Zoho Show Zoho Code D
Page 64
q_desc
Customer
Project App Email
Zoho Creator Is Primarity Used For Relationship C
Management Development Markiting
Management
Page 65
q_desc
Customer
Project Social Media
What Does Zoho Projects Primarily Help With Relationship Accounting B
Management Management
Management
Managing
Tracking Project Billing Clints Managing
What Is The Purpose Of Zoho Projects' Time Tracking Feature Customer C
Progress Accurately Inventory
Contacts
Which Of The Following Is Not A Module Included In Zoho Basic Contacts Deals Projects Invoices C
Customer
Project
What Is The Primery Function Of Zoho Books Basic Email Marketing Accounting Relationship C
Management
Management
Which Of The Following Features Is Included In Zoho Books Inventory Lead Social Media
Time Tracking B
Basic Management Management Management
Page 66
q_desc
Where Is The Headquarters Of Zoho Corporation Located Silicon Vally, Usa Tokyo Japan Bangalore India London Uk C
What Does The 'Purchase Order' Feature In Zoho Books Help Sales Customer Inventory
Supplier Orders B
You Manage Transactions Payments Levels
Which Feature In Zoho Books Helps You Generate Financial Cash Flow Profit And Loss Inventory
Budgeting A
Forecast Statements Report Valuation
Which Of The Following Reports Is Specifically Used To Track
Time Log Expense
The Financial Balance Sheet Inventory Report A
Report Report
Helth Of A Business
When Was Zoho Books Officially Launched 2008 2011 2014 2016 B
Zoho
Which Company Developed Zoho Books Microsoft Salesforce Oracle C
Corporation
Enhanced
Intrduction Of
Integration With Advance Tax Projrct
What Significant Update Did Zoho Books Receive In 2014 Mobile Apps For B
Paypal Management Management
Ios And Android
Tools
In Which Year Did Zoho Books Add Support For Multicurrency
2012 2013 2015 2017 C
Transactions
Which Year Did Zoho Books First Include A Feature For
2011 2013 2015 2017 B
Managing And Tracking Inventory
Page 67
q_desc
Automated Multi-
What Was The Major Update To Zoho Books In 2016 At Items Grops And Inventory
Stock Warehouse D
Inventory Section Bundles Valution Report
Replenishment Management
What Is The Deafult Currency Used In Zoho Books Usd Eur Gbp Inr A
By Default, Which User Role Is Assigned The Highest Level Of Read Only
Standard User Accountant Admin C
Access In Zoho Books User
Which Default Ledger Account Is Used To Track Cash Accounts Accounts
Cash On Hand Bank Account A
Transaction In Zoho Book Receivable Payable
In Zoho Books , Which Default Ledger Is Set Up To Track The
Sales Tax Vat Payable Gst Payable Income Tax A
Payment Of Taxes On Sales
Default Ledger Account For Recording The Depreciation Of Depreaction Accumulated Asset
Fixed Assets B
Assets In Zoho Books Expense Depreciation Expenses
How Many Set Of Default Ledger Accounts (Groups) In Zoho
8 28 10 4 C
Books
Primary Main Main
Default Godown Name In Zoho Books Main Location A
Warehouse Warehouse Godown
Inventory Payroll
Accounting All of the
What is Tally? management management D
software above
software software
Financial Inventory All of the
Which of the following is a feature of Tally? Tax compliance D
reporting management above
Page 68
q_desc
Which of the following is not a module in Tally? Accounting Inventory Payroll CRM D
To record To generate To manage
What is the purpose of the "Voucher" feature in Tally? To create invoices B
transactions reports inventory
Profit & Loss Cash Flow All of the
Which of the following reports can be generated in Tally? Balance Sheet D
Statement Statement above
Can Tally be used for multi-company accounting? Yes No Maybe Not sure A
To create To record To generate To manage
What is the purpose of the "Ledger" feature in Tally? A
accounts transactions reports inventory
Can Tally be integrated with other software? Yes No Maybe Not sure A
To track inventory To manage To generate To record
What is the purpose of the "Stock Query" feature in Tally? A
levels orders reports transactions
Can Tally be used for budgeting and forecasting? Yes No Maybe Not sure A
Can Tally be used for generating e-Way Bills? Yes No Maybe Not sure A
To record To classify To generate
What is the purpose of the "Chart of Accounts" in Tally? To create invoices C
transactions accounts reports
Total No of Voucher Type Available in Tally Prime? 21 22 23 24 D
GAAP(Generally IFRS(Internation
Ind AS(Indian
Which of the following accounting standards can be followed in Accepted al Financial All of the
Accounting D
Tally? Accounting Reporting above
Standard)
Principles) Standards)
Can Tally be used for maintaining multiple cost centers? Yes No Maybe Not sure A
What is the purpose of the "Debit Note" and "Credit Note" in To record To generate To manage To adjust
D
Tally? transactions reports inventory accounts
Page 69
q_desc
What type of Stock Journal voucher is used to record the transfer Stock
Material In Material Out Stock Transfer C
of goods from one godown to another? Revaluation
Accounts Both
Accounts Payable Both Accounts
Payable is a Accounts
is an asset, and Payable and
What is the correct treatment for Accounts Payable and liability, and Payable and
Accounts Accounts B
Accounts Receivable in a company's balance sheet? Accounts Accounts
Receivable is a Receivable are
Receivable is an Receivable
liability assets
asset are liabilities
Page 70
q_desc
The report
The report will will show all
The report will show partially bills,
In Tally, what is the effect of using the "Bill-wise Entry" feature in The report will not
show only fully paid bills with including fully C
a Payment voucher on the "Outstanding Bills" report? show any bills
paid bills the outstanding paid and
amount outstanding
bills
Page 71
q_desc
The ledger
master will be
The transactions The deletion will deleted, but
The transactions
will be retained, be blocked, and the
What happens when you delete a ledger master in Tally that has will be
but the ledger a warning transactions C
associated transactions automatically
master will be message will will be
deleted
removed appear reassigned to
a default
ledger
Page 72
q_desc
Outstanding
Which of the following reports in Tally displays the list of bills that Bills Receivable Bills Payable Payment Due
Payments B
are due for payment to suppliers? Report Report Report
Report
List of debit
List of bills List of credit
What information does the Bills Receivable Report in Tally List of bills paid to notes
received from notes issued to B
typically display? suppliers received from
customers customers
suppliers
Faster and
Automatic posting accurate Generation of
What is the primary benefit of using Auto Bank Reconciliation in Manual entry of
of bank reconciliation of bank C
Tally? bank statements
transactions bank statements
statements
Page 73
q_desc
To facilitate
To integrate with online To manage
What is the purpose of configuring a Payment Gateway in a To enable offline
accounting transactions inventory and C
Merchant Profile in Tally? payments
software and accept stock levels
payments
To connect a
To assign a
To link a voucher voucher to a To specify
In Tally, what is the purpose of using "Advance Reference" while unique reference
to a specific related the voucher's C
creating a voucher? number to a
ledger account transaction or date and time
voucher
document
Setting up the Entering the
Creating a ledger Configuring
What is the first step in creating a company in Tally? accounting company's C
account the tax rates
calendar basic details
Neither
Ledger master Group master Both ledger and ledger nor
Which of the following masters can be created in Tally? C
only only group masters group
masters
Page 74
q_desc
Which of the following company features in Tally allows you to Forex Currency Global
Multi-Currency A
manage and track multiple currencies? Management Exchange Financials
To protect
company
To secure online To encrypt To backup
What is the purpose of the "TallyVault" feature in Tally? data from D
transactions company data company data
unauthorized
access
Is there any Default Cost Centre avaiable In Tally? Yes No Maybe Not sure B
To group cost
To classify To set up
What is the primary purpose of creating a Cost Centre Class in To categorize centres for
transactions by user access B
Tally? ledger accounts budgeting and
type rights
tracking
How many default Ledger avaiable in Tally? 02 22 24 28 A
Neither
Both Simple and
Which of the following methods of interest calculation is Simple Interest Compound Simple nor
Compound C
supported by Tally? only Interest only Compound
Interest
Interest
Accurate foreign
Streamlined
Which of the following is a benefit of using Multi-Currency in Simplified tax Enhanced exchange
inventory C
Tally? calculations security features gain/loss
management
tracking
Page 75
q_desc
Using the "Go To" Using the "View" Using the All of the
Which of the following is a way to navigate reports in Tally? D
option option "Reports" menu above
A list of stock
A summary of A list of stock
Detailed items that are
stock levels and items that are
What does the Stock Summary report in Tally display? information about below the B
values for all nearing
each stock item minimum
stock items expiration
reorder level
None of the
Default Godown in Tally? Primary Godown Main Godown Main Location C
Above
Page 76
q_desc
Real-time
No
Manual data entry Limited visibility into
Which of the following is a benefit of Tally's ERP application? customizatio C
requirements scalability business
n options
operations
Enables quick
No
Which of the following is a benefit of Tally Prime's "Go To" Allows only ledger- access to Supports only
customizatio B
feature? wise navigation specific reports basic reporting
n options
and masters
Ability to access
Access to Tally is Increased risk of Limited to
Which of the following is a benefit of using Tally's "Remote Tally from
restricted to a data loss and read-only C
Access" feature? anywhere, at
single location corruption access
any time
Page 77
q_desc
Automatic Limited to
Which of the following is a benefit of using Tally's "Data Backup Increased risk of Manual backup
backup and local backups C
and Restore" feature? data loss process
quick restore only
To restrict access
To allow To create To manage
to specific
unlimited access customized multiple
What is the purpose of Security Levels in Tally? features and data A
to all features reports and companies
for any specific
and data views and data
User
Page 78
q_desc
To manage To manage
To manage To manage
multiple multiple
multiple branches multiple cost
What is the purpose of creating a Group Company in Tally? companies with departments B
of a single centers within
separate within a
company a company
financials company
Ability to
consolidate Increased
Limited flexibility Inability to share
Which of the following is a benefit of creating a Group Company financials and complexity in
in financial data between C
in Tally? perform inter- financial
reporting companies
company management
transactions
By merging
By creating a new By creating a By converting
multiple
company and new group and an existing
How do you create a Group Company in Tally? companies B
selecting "Group adding company to a
into a single
Company" option companies to it Group Company
company
They are
They are moved They remain in
What happens to the transactions recorded before the split date duplicated in
They are deleted to the new the original C
when using the Split Company Data feature in Tally? both
company company
companies
Page 79
q_desc
To split financial
To merge data of a To delete To create a
What is the purpose of the Split Company Data feature in Tally? financial data of company into two financial data of backup of B
two companies separate a company financial data
companies
What does the first two digits of GSTIN represent? PAN number State code Business type Legal entity B
Page 80
q_desc
Company-Stock
Transaction-
Group-Stock
Accounting
Item-Accounting only from
When tax rates are defined at multiple levels, Tally applies tax Ledger- only from
Group- Accounting A
rates as Accounting Group- Company
Accounting Ledger
Stock Items-Stock
Ledger-
Group-Company
Transaction
First IGST,
First IGST, then First CGST, then First SGST,
then CGST
What is the order of ITC utilization for payment of IGST liability CGST, then SGST, then then CGST, D
and SGST in
SGST IGST then IGST
any order
Page 81
q_desc
www.ewaybill.nic. www.einvoici
What is the website for generating E-Way Bills? www.gst.gov.in www.cbic.gov.in B
in ng.gov.in
Goods
General Service Government GST Suvidha
What is the full form of GSP in the context of GST? Service C
Provider Service Provider Provider
Provider
Which of the following is NOT required for E-Way Bill Invoice or Bill of HSN code of PAN of the
Transporter's ID D
generation? Supply goods supplier
Sundry
Which type of ledger should be created to record tax on sales Capital Account Duties & Taxes
Expense Ledger Debtors C
under GST in Tally Prime? Ledger Ledger
Ledger
What is the Key Combination to change mode of Voucher Ctrl+H Ctrl+M Ctrl+D Alt+A A
Key Combination to View tax Analysis Report in Purchase
Ctrl+H Ctrl+M Ctrl+D Alt+A D
Voucher
You can you add voucher from Day BOOK by pressing ALT+A ALT+I ALT+B ALT+G A
Page 82
q_desc
Which feature in Tally Prime allows you to control user access to Data Backup and
Secuirity Control Audit trail A
various functions and data? Sycronisation restore
Activating
In Tally Prime, what is required to set up user-level access Creating Creating User
Creating User Password B
control? Company Backup Role
policy
To record an adjustment or correction entry, which voucher type Receipt Contra
Payment Voucher Journal Voucher B
is typically used? Voucher Voucher
How Many modes are available for Purchase Voucher 2 3 4 1 B
What is the shortcut key to open the Debit Note voucher in Tally
Alt+F9 Ctrl+F8 Alt+F5 Alt+F6 C
Prime?
None of the
In Tally prime Debit Note Voucher is typically used to record Purchase Return Sales Return All of Above A
Above
What is the shortcut key to open the Debit Note voucher in Tally
Alt+F9 Ctrl+F8 Alt+F5 Alt+F6 D
Prime?
None of the
In Tally prime Debit Note Voucher is typically used to record Purchase Return Sales Return All of Above B
Above
Page 83
q_desc
It determines
It sets the the credit
It helps in
It restricts the period within period
calculating
How does the "Check Credit Period" field affect the debtor’s total amount that which payments allowed
interest on D
transactions in Tally Prime? can be invoiced to should be made before the
overdue
the debtor to avoid invoice is
payments
penalties flagged as
overdue
Allocate
Automatically Adjust
payments or
Predefine credit generate bills inventory
What does the "Preallocate Bills" feature in Tally Prime allow you receipts against
limits for based on pre- levels based B
to do? specific bills
customers defined on
before recording
parameters transactions
transactions
To create
The cheque
Company's Tax cheque
In Tally Prime, what must be configured before printing cheques? printing format Print Setup B
Rate printing
and layout
templates
Page 84
q_desc
Gateway of Tally
> Alter > Ledger Gateway of
which of the following is the correct method to activate auto bank >Select Set Gateway of Tally Tally > Banking None of the
A
reconsoliation Enable Auto > Banking > Reconcile Above
Reconciliation to Bank Account
Yes
To record and
To manage manage Tocalculate
What is the primary purpose of enabling the Multi-Currency
multiple bank transactions in Exchange both B & C D
feature in Tally Prime?
accounts different Gain/Loss
currencies
It converts the
It sets the tax rate value of
What is the function of the "Exchange Rate" in Multi-Currency It adjusts the None of the
for foreign transactions in B
transactions in Tally Prime? stock value Above
purchases foreign currency
to base currency
Which of the following types of interest calculation methods are Simple and Fixed and Flat and
Gross and Net A
available in Tally Prime? Compound Flactuating Declining
Sundry Debtors
Which ledger should be enabled for interest calculation when Secured Loan None of the
and Creditors Bank Account A
creating a party account in Tally Prime? Account Above
Ledger
Which Oracle Fusion Component Is Designed For Financial
Hcm Crm Scm Financials D
Management
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q_desc
On Premises
Cloud Based Legacy Oracle Third Party
Oracle Fusion Applications Are Built On Which Technology Stack Oracle B
Architecture Technology Technology
Technology
Financial Customer Supply Chain Human
Oracle Fusion Crm Primary Focuses On Which Area B
Management Relationships Logistics Resources
In Oracle Fusion, Which Module Is Primarily Responsible For Oracle Accounts Oracle Oracle Order
Oracle Inventory C
Managing The P2P Process Payable Purchasing Management
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To Ensure
To Approve Invoices Match To Manage
In Oracle Fusion,What Is The Primery Function Of The "Invoice To Create
Payments To Purchase Supplier C
Validation" Process Purchase Orders
Suppliers Orders And Contracts
Receipts
Service
In Oracle Fusion, Which Types Of Purchase Order Allows For Standrad Blanket Contract
Purchase B
Flexible Delivery Dates And Quantities Purchase Order Purchase Order Purchase Order
Order
To Confirm The
To Generate
What Is The Role Of The "Receipt" Document In The Procure-To- To Document To Validate Delivery Of
Purchase C
Pay Process In Oracle Fusion Vendor Payments Invoice Amounts Purchased
Orders
Goods
When Was Oracle Fusion Application First Announced 2005 2007 2009 2011 B
Oracle Fusion Applications Were Developed As A Result Of The
Merger Between Oracle And Siebel Systems Peoplesoft Jd Edwards Hyperion B
Which Other Company
In Which Year Did Oracle Officially Release The First Version Of
2008 2009 2010 2011 D
Oracle Fusion Applicaion
Which Key Technology Foundation Is Used For Oracle Fusion Oracle Cloud Oracle
Oracle Database Oracle Java C
Application Infrastructure Weblogic Server
Oracle Fusion Application Are Built On Which Cloud Model Private Cloud Public Cloud Hybrid Cloud On-Premises B
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To Eliminate
To Replace To Integrate And
To Introduce The Need
What Was One Of The Primary Goals For The Development Of Oracle'S Modernize
New Hardware For Any Third- B
Oracle Fusion Applications Hardware Oracle'S Existing
Solutions Party
Systems Erp Offerings
Application
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q_desc
Oracle
Which Module In Oracle Fusion Provides Audit Functionalities To Oracle Fusion Oracle Fusion Oracle Fusion
Fusion C
Track Changes Made By User Financials Hcm Audit
Procurement
Data Changes
In Oracle Fusion , What Can You Audit Using The 'Audit Trail' Syatem User Login Network
And User C
Features Perfomance Attempts Traffic
Actions
Hire To Hire To
What Does The H2R Process In Oracle Fusion Stand For Hire Role Hire To Retire C
Revenue Recruitment
Oracle Fusion
Oracle
Which Module In Oracle Fusion Manages The Entire Employee Oracle Fusion Human Capital Oracle Fusion
Fusion B
Lifecycle From Hiring To Retirement Payroll Management(Hc Financials
Procurement
m)
Order To Order To
What Does The O2C Process In Oracle Fusion Stand For Order To Cash Order To Credit A
Collection Customer
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Which Phase Involves Managing And Applying Payments Invoice Payment Credit
Order Fulfillment C
Received From Customers Generation Collection Management
Fusion
Fusion Supply
Which Module In Oracle Fusion Is Used To Manage Purchase Fusion Human
Fusion Financials Chain B
Orders Procurement Capital
Management
Management
Create A Create An
Whit Is The First Steps In The P2P Process In Oracle Fusion Receive Goods Make Payment C
Purchase Order Invoice
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Enterpeice
Resource Database
Social Media Mobile App
What Is Oracle Fusion Application Primarily Known For Planning(Erp) Management B
Integration Development
And Cloud Based Only
Application
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