Ms. Tanuja, accountant of Shri Manjunath corporation had a created a mapping template for masters in Tally prime before importing the excel data to tally prime. what is the importance of mapping the template?

Tally Professional 4.0 Mock test -1

Quiz
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Education
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Professional Development
•
Hard
Mithun TV
Used 7+ times
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100 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To speed up the import process
To ensure that the import process fails
To ensure the backup of mapping template
To identify and rectify an potential issues with the mapping then import does not fail
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following behavior helps the user choose the import feature in Tally prime for data validation?
Record exceptions and resolve errors from a single report
Complicate the data validation process
Depends on manual validation
Create unnecessary errors in data
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when the option " Stop Import at First Exception" is selected, during the import process in Tally prime
All Exceptions are ignored
The import proceeds without any interruption
The import process stops at the first identified exception
Exceptions are recorded for further review
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which format does Tally prime allow to import data from external software ?
Both Excel & XML format
PDF format
Only XML format
Only Excel format
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SLV enterprises PVT LTD received a bill for 3,60,000 against Rent on building from Ganapati Trade Links. Since Liability amount exceeds the exemption limit of 2,40,000 for the TDS nature of payment- Rent on Land, Building, or Furniture, the company decided to deduct the TDS at the rate of 10% in same bill.
From the given business scenario, find out the TDS duty amount
2400
24000
3600
36000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Tally prime , the option " Copy from Parent value" in the salary details alteration screen will copy the pay structure from the category to an Employee master
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following system is used to validate the authenticity of the GST e-invoices?
Invoice Registration Portal (IRP)
Invoice Registration Number (IRN)
Application Programming Interface (API)
Invoice Reference Number( IRN)
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