MIRACLE ACCOUNTING SOFTWARE Training session QUIZ - India Dot Gst

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Monday, August 24, 2020

MIRACLE ACCOUNTING SOFTWARE Training session QUIZ

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 1. In general, the financial year shall be from * 

 

 

 1. In general, the financial year shall be from * 

 

   A. 1st April of any year

 

 B. 31st March of any year

 

 C. All of them are true

 

 D. None of these

 

 

 

2. Which menu appears after starting Miracle for the first time? *

 

 A. M-Desktop

 

 B. Company List

 

 C. Company Info

 

 D. None of these

 

 

 

3. Which option is used to take the company's backup into the pen drive? *

 

 A. Backup

 

 B. Restore

 

 C. Data Export

 

 D. Copy Data

 

 

 

4. Which menu is used to create new ledgers, groups, and products in Miracle? *

 

 A. Report

 

 B. Import

 

 C. Transaction

 

 D. Master

 

 

 

5. Salary Account comes under which head *

 

 A. Income

 

 B. Fixed Assets

 

 C. Duties & Taxes

 

 D. Expense Account

 

 

 

6. Which ledger is created automatically as soon as we create a new company? *

 

 A. Cash Account

 

 B. Profit & Loss A/c

 

 C. Stock in Hand

 

 D. All of above

 

 

 

7. Which voucher type is used to transfer the amount from one bank to another? *

 

 A. Contra

 

 B. Payment

 

 C. Receipt

 

 D. Post-Dated

 

 

 

8. Rs. 50,000 withdrawn from the bank. In which voucher type this transaction will

 

be recorded? *

 

 A. Payment

 

 B. Receipt

 

 C. Contra

 

 D. Post-Dated

 

 

 

9. Where do we record transactions of salary, rent, or interest paid? *

 

 A. Contra

 

 B. Stock Journal

 

 C. Receipt

 

 D. Payment

 

 

 

10. Which option is true for viewing Profit & Loss Statement? *

 

 A. Report> Balance sheet> Profit & Loss Statement

 

 B. Utility>Year-end> Profit & Loss Statement

 

 C. Report> Account Books > Profit & Loss Statement

 

 D. None of these

 

 

 

Test

 

 

 

11. Which step is followed to view Purchase Register? *

 

 A. Transaction > Purchase Entry > Purchase Register

 

 B. Report > Outstanding > Purchase Register

 

 C. Report > Register > Purchase Register

 

 D. None of these

 

 

 

12. From which menu, we can see the Balance Sheet option? *

 

A. Transaction

 

B. Report

 

C. Setup

 

D. Utility

 

 

 

13. Which option is used to view Product Ledger? *

 

A. Purchase Register

 

B. Stock Report

 

C. Analysis Report

 

D. Account Books

 

 

 

14. Company Restore option is available in *

 

A. Company List > Utility

 

B. Company List > Year

 

C. Company List > Advance. Option

 

D. None of these

 

 

 

15. "Alias" represents *

 

A. Short name

 

B. Nickname

 

C. Code name

 

D. All of these

 

 

 

16. Account statement can be displayed in format(s). *

 

A. Horizontal

 

B. Vertical

 

C. A or B

 

D. None of the above

 

 

 

17. A 'credit note' is sent by           to          *

 

A. Seller, buyer

 

B. Buyer, seller

 

C. Customer, seller

 

D. Creditor, seller

 

 

 

18. Sales return are recorded in Voucher *

 

A. Bank Receipt Entry

 

B. Purchase Entry

 

C. Sales Entry

 

D. Sales Return Entry

 

 

 

19. Bank account is *

 

A. Personal account

 

B. Real account

 

C. Nominal account

 

D. Intangible real account

 

 

 

20. Taxes paid comes under which group *

 

A. Capital

 

B. Loans and liabilities

 

C. Direct expenses

 

D. Duties and taxes

 

 

 

21. Capital Account comes under which group *

 

A. Capital account

 

B. Current Assets

 

C. Loans & Advances (Asset)

 

D. Current Liabilities

 

 

 

22. The shortcut used to activate the Calculator is *

 

A. F9

 

B. F1

 

C. F3

 

D. F5

 

 

 

23. We can delete a voucher using *

 

A. Alt + Y

 

B. Ctrl + Y

 

C. Shift + Y

 

D. Ctrl + Shift + Y

 

 

 

24. Which shortcut key is used to take print? *

 

 

 

A. Ctrl + P

 

B. Shift + P

 

C. Alt + P

 

D. Alt + Shift + P

 

 

 

25. Which shortcut key is used to see Company Details? *

 

A. Ctrl + 0

 

B. Ctrl + P

 

C. Ctrl + D

 

D. None of above

 

 

 

26. Who is the Father of Accounting? *

 

A. The Divine Augustus

 

B. Leonardo Da Vinci

 

C. Luca Pacioli

 

D. None of above

 

 

 

27. The main type of account is *

 

A. Personal Account

 

B. Real Account

 

C. Nominal Account

 

D. All of above

 

 

 

28. How many companies can be created in Miracle? *

 

 

 

B. 999

 

C. 9999

 

D. 99999

 

 

 

29. Which shortcut key is used to create a new Account/Product in the master

 

menu? *

 

A. F2

 

B. F3

 

C. F9

 

D. Insert

 

 

 

30. Which shortcut key is used to Copy Voucher? *

 

A. Ctrl + V

 

B. Ctrl + C

 

C. Ctrl + A

 

D. Ctrl + S

 

   

 

SUBMIT FORM


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