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  • Question
  • The accounting software Tally was developed by


  • Options
  • A. Wipro
  • B. TCS
  • C. HCL
  • D. Infosys

  • Correct Answer
  • TCS 

    Explanation

    Tally is one of the best business accounting software for accounting, inventory, payroll. It is economical and one of the most popular ERP software solutions available in the industry.

    Tally, an accounting software was developed by the multinational company TCS - Tata Consultancy Services.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Accounting and Finance problems


    Search Results


    • 1. A check returned by the bank marked nsf means

    • Options
    • A. Cheque has been forged
    • B. Cheque can't be cashed being illegal
    • C. There are not sufficient funds in your accoun
    • D. Bank can't verify your identity
    • Discuss
    • 2. Commercial banks are funded through which of the following?

    • Options
    • A. Stock holders
    • B. Government funding
    • C. Services
    • D. Customer deposits
    • Discuss
    • 3. Patents, Copyrights and Trademarks are examples of

    • Options
    • A. Short-term investments
    • B. Fixed assets
    • C. Long-term investments
    • D. Intangible assets
    • Discuss
    • 4. The value of money varies

    • Options
    • A. inversely with the price level
    • B. directly with the price level
    • C. directly with the volume of employment
    • D. directly with the interest rate
    • Discuss
    • 5. The primary Economic function of the Financial system is to

    • Options
    • A. Providing experts advice to investors and savers
    • B. Match one person's savings with another person's investment
    • C. Keeping interest rates low
    • D. Match one person's consumpion expenditure with another person's capital expenditure
    • Discuss
    • 6. How can investors receive compounding returns?

    • Options
    • A. By investing their earnings back into their original investment
    • B. By diversifying their investment portfolio
    • C. By selecting a savings account that has a higher interest rate
    • D. By transferring their earnings back into high-risk investment
    • Discuss
    • 7. Reconciling the bank statement monthly is an example of

    • Options
    • A. establishment of responsibility
    • B. independent internal verification
    • C. documentation procedures
    • D. segregation of duties
    • Discuss
    • 8. What is true about certificates of deposit?

    • Options
    • A. the money has to remain in the account for a specified period of time
    • B. they are the most liquid account available
    • C. they offer lower interest rates than savings accounts
    • D. All the above
    • Discuss
    • 9. The reserves of a commercial bank consist of

    • Options
    • A. the bank's net worth
    • B. the amount of money market funds it holds
    • C. government securities that the bank holds
    • D. deposits at the Federal Reserve Bank and vault cash
    • Discuss
    • 10. In a fractional reserve banking system

    • Options
    • A. bank accepts deposits
    • B. bank accepts some loans
    • C. bank has some cash reserves
    • D. All the above
    • Discuss


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