Which software is used for accounting and financial management? MCQ with Answer and Explanation

Which software is used for accounting and financial management?
A. MS Paint
B. Tally
C. Chrome
D. Notepad
Answer: Option B
Solution (By JKExamLibrary)
Tally is application software specifically for business accounting.

This question belongs to: Computer Computer Software

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Practice More Computer Software Questions

Question #1 Report Error
Which of the following is a type of system software that manages storage?
A. Web browser
B. Image editor
C. Word processor
D. File system

Correct Answer: Option D


Explanation:
The file system is part of the OS that organizes and manages data storage.

This question belongs to: Computer Computer Software
Question #2 Report Error
Which of the following is an example of a web-based application?
A. Google Docs
B. MS Word offline
C. Excel on desktop
D. Photoshop

Correct Answer: Option A


Explanation:
Google Docs runs in a web browser without local installation.

This question belongs to: Computer Computer Software
Question #3 Report Error
What type of application software is explicitly used to model financial markets, analyze budget scenarios, and build complex predictive formulas using columns of numbers?
A. Desktop Publishing Tool
B. Spreadsheet Software
C. Database System Infrastructure
D. Word Processing Environment

Correct Answer: Option B


Explanation:
Spreadsheet applications (like Excel or Google Sheets) use structured cells to calculate, analyze, and graph financial and numerical data.

This question belongs to: Computer Computer Software