G-TEC COMPUTER EDUCATION

ISO 9001:2015 CERTIFIED

DIPLOMA IN INDIAN AND FOREIGN ACCOUNTING (DIFA)

Exam Code: G-DIFA /IAB/MQP0424

Total Time: 3 Hrs. Max. Marks: 100
MODULE - I
MS OFFICE
(Max. Marks: 10)
I. Choose the correct answer. Each carries 1 mark. (5 x 1 = 5)
1. The intersection of a row and column in MS Excel is called a ________.
(a) Table (b) Chart (c) Cell
2. The function key used for Slide Show in MS PowerPoint is ________.
(a) F10 (b) F5 (c) F4
3. What is the shortcut key for line break in MS Word?
(a) Alt + Enter. (b) Shift + Enter. (c) CTRL + Enter
4. __________ is the Shortcut key used to make a text bold.
(a) Alt + D (b) Ctrl + B (c) Alt + B
5. In MS Word, the Header and Footer option is in _________tab.
(a) Home (b) Tool (c) Insert
II. State whether True or False. Each carries 1 mark. (5 x 1 = 5)
6. In MS Excel, clear the contents by pressing ‘DELETE’ key from the keyboard will clear the
contents only.
7. The first cell in MS Excel worksheet is labeled as AA.
8. Minimum zoom percentage supported by MS Word is 0.1.
9. The Slide Sorter option of the MS PowerPoint is available on Home tab.
10. The Mail Merge is an option in MS Word Only.
MANUAL ACCOUNTING
(Max.Marks:10)
III. Journalize the following transactions. Each carries 1 mark. (5 x 1 = 5)
11. Mr. Chakko started business with cash of Rs. 6,00,000.
12. Deposited cash in HDFC Bank for Rs. 4,00,000.
13. Bought a delivery van for Rs. 60,000, paid by cheque.
14. Purchased goods for cash Rs. 7,000.
15. Commission paid to sales executives Rs. 12,000.
IV. Answer the following. Each carries 2.5 marks. (2 x 2.5 = 5)
16. Briefly explain the following accounting terms.
(a) Capital (b) Creditors (c) Purchase (d) Drawings
17. What are direct expenses? List any four of them.
MODULE - II
TALLY
(Max. Marks: 20)
V. Choose the correct answer. Each carries 1 mark. (10 x 1 = 10)
18. ‘Bale of 100 meters’ is an example for_________ unit of measure.
(a) Simple (b) Compound (c) Alternate
19. Revenue account is also known as _________.
(a) Real (b) Personal (c) Nominal
20. Profit/Loss account statement can be displayed in _________ format.
(a) Either Horizontal or Vertical (b) Horizontal (c) Vertical

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ISO 9001:2015 CERTIFIED
DIPLOMA IN INDIAN AND FOREIGN ACCOUNTING (DIFA)

21. In TallyPrime, Bill wise entry can be enabled from ________.

(a) Company > F11 (b) Data > F11 (c) Maintain > F11
22. The maximum rate prescribed under IGST is_________.
(a) 12 (b) 18% (c) 28%
23. Which of the following Primary Groups that are provided in TallyPrime does not appear in
Profit & Loss Account?
(a) Sales account (b) Purchase account (c) Capital account
24. Which of the following is not a pre-defined voucher in TallyPrime?
(a) Purchase voucher (b) Contra voucher (c) Profit voucher
25. Bank OCC account is a group defined under _________.
(a) Bank Account (b) Loans & Liabilities (c) Long term liabilities
26. Which key is used to alter a Master while making an entry or view report?
(a) Tab + Enter (b) Alt + Enter (c) Ctrl + Enter
27. The_________ form in GST is used for registration.
(a) Form GSTR- 1A (b) Form GST REG-01 (c) Form GST REG
VI. Answer the following. Each carries 2.5 marks. (4 x 2.5 = 10)
28. What do you mean by GSTIN? Briefly explain the structure of GSTIN.
29. Explain Inter Go-down transfer in TallyPrime.
30. What do you mean by Payment advice in TallyPrime?
31. M/s Avinash Associates issued a cheque to M/s Jeevan Enterprises for Rs. 15,000 against a
previous purchase. Write the step by step process of this transaction in TallyPrime.
SAGE 50 (PEACHTREE)
(Max. Marks: 15)
VII. Choose the correct answer. Each carries 1 mark. (5 x 1 = 5)
32. __________ is a fee charged for the use of credit or the extension of existing credit.
(a) Finance charge (b) Interest (c) Commission
33. ‘Time Expenses are related with __________.
(a) Customer (b) Vendor (c) Employee
34. The feature in Sage 50 used for Purchase return is __________.
(a) Enter bill>Credit (b) Vendor Credit memos c) Debit Note
35. In Sage 50, Payment option is located in __________ menu.
(a) File (b) Maintain (c) Task
36. Quotes can be converted to _________.
(a) Sales order (b) Purchase (c) Inventory
VIII. Match the following. Each carries 1 mark. (5 x 1 = 5)
37. Account Type (a) Posting method
38. Real Time (b) Duplicate copy
39. Automatic Field Completion (c) Capital
40. Equity (d) Global Options
41. Backup (e) Chart of accounts
IX. Answer the following. Each carries 2.5 marks. (2 x 2.5 = 5)
42. Explain Chart of Accounts. Write proper steps to create an account in Sage 50.
43. What are the two posting methods in Sage 50? Explain.

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ISO 9001:2015 CERTIFIED
DIPLOMA IN INDIAN AND FOREIGN ACCOUNTING (DIFA)

QUICKBOOKS
(Max. Marks: 15)
X. Choose the correct answer. Each carries 1 mark. (5 x 1 = 5)
44. The shortcut key for deleting a general journal is __________.
(a) Ctrl + D (b) Alt + D (c) Shift + D
45. Where is the ‘Make General Journal Entries’ option located in QuickBooks?
(a) Vendor (b) List (c) Company
46. The Purchase return process can be done in QuickBooks through ___________
(a) Vendor credit memos (b) Pay Bill (c) Enter Bill
47. Find feature is located in _________ menu.
(a) File (b) Edit (c) Accountant
48. Enter Bill is mainly used for __________.
(a) Sales (b) Manufacturing (c) Purchase
XI. Answer the following. Each carries 2 marks. (5 x 2 = 10)
49. Explain the purpose of ‘Set Credit’ option in Pay bill.
50. Which are the three adjustments available in the Pay bill window of QuickBooks? Explain the
purpose of each.
51. How will you enter a purchase return in QuickBooks? Explain with steps.
52. How do you create a finished product in QuickBooks? Explain with steps.
53. Write any 8 ‘Account types’ in the chart of accounts option of QuickBooks.

MODULE - III
E- ACCOUNTING (ERP, E-Filing, E-Business, e-CRM)
(Max. Marks: 30)
XII. Choose the correct answer. Each carries 1 mark. (5 x 1 = 5)
54. __________is a payment system that allows money transfer between any two bank accounts
by using a smartphone.
(a) UPI (b) POS (c) AEPS
55. The revenue charged on consumption of goods and services at their point of purchase is
termed as _________.
(a) GST (b) Income (c) TDS
56. E-CRM stands for _________.
(a) Electronic Customer Relationship Management
(b) Efficient Customer Relationship Management
(c) Eclipse Customer Relationship Management
57. _________ type of e-business category refers to commerce between two businesses rather
than the commerce between a business and an individual consumer.
(a) B2A (b) B2B (c) B2C
58. In online banking, ECS stands for _________.
(a) Electronic Chart System (b) Electronic Clearing Service (c) Electronic Cash System.
XIII. Answer the following. Each carries 2 marks. (5 x 2 = 10)
59. List the different types of OLAP Servers.
60. Briefly explain the major challenges for e-commerce Business in India.
61. What is Data Warehousing?

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ISO 9001:2015 CERTIFIED
DIPLOMA IN INDIAN AND FOREIGN ACCOUNTING (DIFA)

62. What are the three forces of e-CRM?

63. List the components available in Quality Management.
XIV. Answer the following. Each carries 5 marks. (3 x 5 = 15)
64. What are the key features of ERP finance module?
65. Briefly explain the need to go for Internet banking.
66. Briefly explain the scope, existence and future of e-commerce business.

“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.”

Janet Jack
Chief Executive, IAB
Suite 5, 20 Churchill Square, Kings Hill, West Malling, Kent ME19 4YU

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