The Salem Tally Academy

Cost Centre and Cost Category

Questions
7
Time limit
45 min
Attempts
1
Avg score
28.6%

What to expect

This paper has 7 questions and a 45-minute timer that starts when you begin. Wrong answers carry negative marks, so skip a question rather than guess blindly. It runs in the browser on any phone or computer. Objective answers are graded automatically when you submit, and depending on how the teacher set up the paper you see your score, rank and answer review straight away or once results are released.

Sample questions from this paper

The first 3 questions as they appear in the paper. Answers are shown only after you take it.

Q1
What is the primary purpose of the 'Tally Vault' feature?
  1. A To enhance user interface
  2. B To encrypt and secure data
  3. C To generate backup reports
  4. D To manage user roles
Q2
what is cost centre?
  1. A Allocation of Expenses and Incomes
  2. B 1
  3. C 2
  4. D 3
Q3
Which report in TallyPrime provides a summary of income and expenses?
  1. A Balance Sheet
  2. B Trial Balance
  3. C Profit and Loss Account
  4. D Cash Flow Statement
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