Tag: erp

Questions Related to erp

An important consideration before sourcing an accounting software is flexibility.

This Statement is true for which of the following factor taken in considerations before sourcing an accounting software.

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. Flexibility

  2. Ease of adaption and training needs

  3. Size of organisation

  4. Expected level of secrecy

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Correct Option: A
Explanation:

An important consideration before sourcing an accounting software is flexibility, viz. data entry and the availability and design of various reports expected from it. Flexibility is one of the factor which is taken into consideration before sourcing an accounting software.

To select the budget, which of the following shortcut key one will use in tally ?

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. ALT+ B

  2. ALT+ Q

  3. ALT+ K

  4. ALT+ M

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Correct Option: A

To delete a voucher or to delete a master, which of the following shortcut key one will use in Tally ?

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. ALT+A

  2. ALT+D

  3. ALT+O

  4. ALT+W

Show answer
Correct Option: B
Explanation:

Tally Accounting is a software used for accounting purposes. It is provided by Tally Solutions and is a standard business accounting software. Tally ERP is a very robust ERP product and is a complete business management solution. Tally is defined as record, count or a record of debit and credit or an account.

ALT+D is the shortcut key used in Tally to delete a voucher or yo delete a master.

Ready-to-use accounting software is suited to organisations running _______ business where the frequency or volume of accounting transactions is very low.

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. small

  2. large

  3. medium

  4. both a and b

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Correct Option: A

The accounting software is generally tailored in ______ business organisations with multi users and geographically scattered locations.

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. snall

  2. large

  3. medium

  4. none of the above

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Correct Option: B

GAAP tells the ________.

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. accounting policies

  2. accounting procedures

  3. accounting statements

  4. both a and b

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Correct Option: D

In Tally F2 key is used ______________.

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. To change menu period

  2. To change data

  3. To save records

  4. To delete the records

Show answer
Correct Option: A
Explanation:

Tally Accounting is a software used for accounting purposes. It is provided by Tally Solutions and is a standard business accounting software. Tally ERP is a very robust ERP product and is a complete business management solution. Tally is defined as record, count or a record of debit and credit or an account.

F2, is the shortcut key in Tally, is used to change the period for which accounting is to be done.

In Tally F6 key is used _________________.

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. Selection of contra voucher

  2. Selection of payment voucher

  3. Selection of receipt voucher

  4. To Select company

Show answer
Correct Option: C

Match of the following with reference to shortcut keys used in Tally:
P. To remove  in a line                 1. CTRL + ALT+ I
Q. To Abandom the form              2.  ALT + R
R. To import statutory master       3. ALT + I
S. Rewrite data for a company     4. ALT+I
                                                    5. ALT+Q
                                                    6. Delete
Select the correct answer from the option given below

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. P Q R S

    3 6 4 2

  2. 3 5 1 2

  3. 2 5 4 3

  4. 6 3 2 1

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Correct Option: B

To export the report in ASCIL, HTML, or XML format, which of the following shortcut key one will use in tally ____________.

commercial studies selection of an accounting software package erp practical application of accounting software accounting information system

  1. ALT + E

  2. ALT + P

  3. ALT + EX

  4. ALT + IE

Show answer
Correct Option: A