IABExamination III

Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 5

G- TEC COMPUTER EDUCATION

(A Division of Glosoft Technologies


PVT.Ltd)
ISO 9001-2000 CERTIFIED

Examination for Diploma in Indian and Foreign Accounting


(DIFA)

Exam Code : GDIFA/IAB/II/0509 Marks:


100
Time: 3 hours
PART-I
MANUAL ACCOUNTING

I. Journalise the following ten questions. Each carries 1 Mark


(10*1=10)

1. Neon Bulb Co. Pvt. Ltd., dealers in different types of bulbs started
business with Building Rs. 75,000/- Furniture Rs. 20,000/- & cash Rs.
25,000/-
2. Purchase furniture from Kinnarps Co. and paid by SBT Rs. 25,000/-
3. Purchase goods from Mr. Ben Rs. 100,000 at a trade discount of 2%
4. Sold goods on credit to Mr. Brian Rs. 40,000/-
5. Transfer of Rs. 50,000/- from ICICI Bank to open an account in NMG
Bank
6. Goods returned by Mr. Ben Rs. 5,000/-
7. Loan taken from KDC Rs. 20,000/- & interest charged 10%
8. Cheque received from Mr. Ben Rs. 30,000 (chq. No. 23654)
9. Sold goods to Mr. John Rs. 50,000/- at a trade discount of 10%
10. Cheque of Mr. Ben was returned dishonored (chq. No. 23654)

II. Write any five answers from the following. Each carries 2
Marks (5*2= 10)

1. Define Accounting?
2. Explain the term amortization?
3. What do you mean by drawings in business?
4. What do you mean by Accrued Income?
5. Explain the meaning of “Posting”?
6. What is owners equity? How do you calculate owners equity?

PART-II
TALLY

III. Answer the following questions . Each question carries 1 mark


(10*1=10)
1. Which key is used for “Company” creation in Tally?
2. Which key is used for manufacturing journal?
_________________________________________________________________________
G-DIFA/110509 www.gteceducation.com
1
G- TEC COMPUTER EDUCATION
(A Division of Glosoft Technologies
PVT.Ltd)
ISO 9001-2000 CERTIFIED

Examination for Diploma in Indian and Foreign Accounting


(DIFA)

3. What is the first version of Tally?


4. ‘CTRL +V’ is used for which purpose?
5. Which keys are used for purchase order and sales order?
6. For what purpose is ALT + F10 used ?
7. What does BoM stands for ?
8. Expand : “TDS” and “TCS”?
9. How do you combine the accounts of two companies to one main
company?
10. What is the use of multiple Currency ?

IV. Answer the following questions . Each question carries 2.5 marks
(2*2.5=5)
1) a)What is the use of multiple price level?
Or
b)What is the use of ‘Track additional cost of purchase’?
2 a)What is the use of tracking number, rejection inward and outward?
Or
b) What is the use of cost centre?

PART-III
PEACHTREE

V. Answer the following questions. Each question carries 1 mark


(5*1=5)
1. Mention the costing methods used in Peachtree
2. Which account ID represents ‘inventory account’ ?
3. What is the toggle key to find transactions?
4. The customer ID can be up to ……… Alpha numeric characters
5. Where is the entry for the dishonor of cheques done?

VI. Answer the following questions. Each question carries 2 marks


(3*2=6)
1. What do you mean by Peachtree accounting?
2. What do you mean by Real time and Batch time process?
3. Write a short note on general ledger creation in Peachtree?

VII. Answer the following question. Each question carries 4 marks


(1*4=4)
1. What do you mean by Payroll entry? Give a brief Explanation?

_________________________________________________________________________
G-DIFA/110509 www.gteceducation.com
2
G- TEC COMPUTER EDUCATION
(A Division of Glosoft Technologies
PVT.Ltd)
ISO 9001-2000 CERTIFIED

Examination for Diploma in Indian and Foreign Accounting


(DIFA)

PART-IV
WINGS
VIII. Match the following (5*1
= 5)
1. Alt + Down Arrow 1. Close the work order
2. Ctrl+ F4 2. Other offsite activities
3. F4 3. Online Creation of Masters
4. Production 4. Lookup list
5. Project 5. Increase the column width
6. Close window button

IX. Answer any two of the following. Each question carries 5 marks. (
2* 5=10)
1. Explain the process of order management?
2. Explain briefly division, project, and location. Describe the relationship
between division and project?
3. Explain about ‘Material Receipt Note’ and how can it be applied in
Wings?
4. How can we apply the sales tax and discount on sales voucher?

PART-V
DACEASY

X. Fill in the blanks. Each carries 1 Mark


(5*1=5)
1. -------- key is used in Daceasy for editing ledger or group
2. _____option is relevant for entering the opening balance of the stock
item.
3. -----key is used for entering advance payment and receipt into the
voucher entries.
4. Shift + F9 is used for ------.
5. For closing a current period ,------ command is used from periodic menu.

XI. Each answer carries two marks


(5*2 =10)
1. Explain the different cash-flow groups in Daceasy?
2. Describe briefly the uses of master item creation in Daceasy Accounting
Software?
3. Mention the different methods of changing company information?
4. How can we enter the cash sales in Daceasy?

_________________________________________________________________________
G-DIFA/110509 www.gteceducation.com
3
G- TEC COMPUTER EDUCATION
(A Division of Glosoft Technologies
PVT.Ltd)
ISO 9001-2000 CERTIFIED

Examination for Diploma in Indian and Foreign Accounting


(DIFA)

5. Mention the first levels of accounts?

PART VI
LINUX
XII. Fill in the blanks (one mark each)
(5*1=5)
a. ________ and ________ are the boot loaders commonly supplied with
LINUX.
b. _________ provides the operating system with its core functionalities.
c. Any job can be terminated using the _______ command.
d. _______ command to print or set system date and time.
e. Super user of Linux operating system is by default known as _________

XIII. Write down the commands for the following. Each carries one mark.
(5*1=5)
a. Display all the directories and files in the current directory.
b. Display all the records of the file without the specified field.
c. Display the number of specified words in a file.
d. Display all records with space or special characters between fields in
a file.
e. Display all files with extension .C.

PART VII
MS OFFICE

I. Fill in the blanks. Each carries one mark


1. _________ is model of a document and contains some pre-defined styles,
text, headers, footers, keyboard shortcuts, custom toolbars etc.
2. MS Excel can be opened by typing _________ command from the run
dialog box.
3. PowerPoint is the most effective package to create ________
4. _________ refers to the collection of small graphical images and shapes
that we can insert in our presentation.
5. The extension of file created in paint is _________
(5*1=5)
II. State whether true or false. Each carries one mark.
1. The status bar displays the title of the window.

_________________________________________________________________________
G-DIFA/110509 www.gteceducation.com
4
G- TEC COMPUTER EDUCATION
(A Division of Glosoft Technologies
PVT.Ltd)
ISO 9001-2000 CERTIFIED

Examination for Diploma in Indian and Foreign Accounting


(DIFA)

2. Moving the mouse on the mouse pad in any direction while keeping the
left mouse button pressed is called dragging.
3. An Octal system has seven symbols.
4. Recycle bin lets to store deleted files and recover them if required.
5. WordPad is a word processing program.
(5*1=5)

“The IAB has reviewed this examination paper and confirms that, in terms of the
level and demand of the set tasks/questions and also syllabus coverage, it is considered to be entirely
appropriate for use with this programme.”

Malcolm Trotter
Chief Executive, IAB
Burford House, 44 London Road, Sevenoaks, TN13 1AS, United Kingdom”

_________________________________________________________________________
G-DIFA/110509 www.gteceducation.com
5

You might also like