30 True / False Questions and Answers on TallyPrime


here are 33 true/false questions and answers on TallyPrime:

1. True or false: TallyPrime is an accounting software developed by Tally Solutions Pvt. Ltd.
Answer: True

2. True or false: TallyPrime can be used to maintain financial records of a business.
Answer: True

3. True or false: TallyPrime has a feature to generate invoices and bills.
Answer: True

4. True or false: TallyPrime can only be used by large businesses.
Answer: False

5. True or false: TallyPrime is only available in English language.
Answer: False

6. True or false: TallyPrime allows for the creation of multiple companies.
Answer: True

7. True or false: TallyPrime is only available as a desktop application.
Answer: False

8. True or false: TallyPrime can be used to manage inventory.
Answer: True

9. True or false: TallyPrime has a feature to reconcile bank statements.
Answer: True

10. True or false: TallyPrime can be used to generate payroll reports.
Answer: True

11. True or false: TallyPrime can only be installed on a Windows operating system.
Answer: False

12. True or false: TallyPrime has a feature to create budgets and forecast reports.
Answer: True

13. True or false: TallyPrime can be integrated with other software applications.
Answer: True

14. True or false: TallyPrime can only be used for financial accounting.
Answer: False

15. True or false: TallyPrime has a feature to create and manage purchase orders.
Answer: True

16. True or false: TallyPrime allows for the creation of user roles and access levels.
Answer: True

17. True or false: TallyPrime has a feature to generate profit and loss statements.
Answer: True

18. True or false: TallyPrime can be used to file GST returns.
Answer: True

19. True or false: TallyPrime has a feature to track expenses and revenues.
Answer: True

20. True or false: TallyPrime can be used to manage accounts payable and accounts receivable.
Answer: True

21. True or false: TallyPrime can be used to manage multiple currencies.
Answer: True

22. True or false: TallyPrime can be used to generate aging reports.
Answer: True

23. True or false: TallyPrime has a feature to create and manage sales orders.
Answer: True

24. True or false: TallyPrime can be used to generate balance sheets.
Answer: True

25. True or false: TallyPrime can be used to track inventory levels and transactions.
Answer: True

26. True or false: TallyPrime has a feature to generate cash flow statements.
Answer: True

27. True or false: TallyPrime can be used to create and manage journal entries.
Answer: True

28. True or false: TallyPrime can be used to generate tax reports.
Answer: True

29. True or false: TallyPrime has a feature to generate custom reports.
Answer: True

30. True or false: TallyPrime can be used to manage fixed assets.
Answer: True

31. True or false: TallyPrime can be used to manage project costs and budgets.
Answer: True

32. True or false: TallyPrime has a feature to create and manage vouchers.
Answer: True

33. True or false: TallyPrime can be used to generate audit reports.
Answer: True

34. True or false: TallyPrime can be used to manage customer and vendor accounts.
Answer: True