International Institute of Certified Accountants

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What is the collection from customers through Bank Accounts during the period
Q1 13/4/2013 to 24/5/2013
A 32,69,141.00 B 32,69,139.00 C 32,69,142.00 D None of These

What is the Profit or Loss as on 26/4/2013

Q2
A 1,67,855.66 B 1,67,855.67 C 1,67,855.69 D None of These
What is the Average Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 held
Q3 during the period 11/4/2013 to 20/5/2013
A 5,044.00 B 5,041.00 C 5,045.00 D None of These

What is the total payment made to Creditors during the period 7/4/2013 to 24/5/2013
Q4
A 706,17,029.68 B 706,17,029.66 C 706,17,029.70 D None of These
What is the highest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q5 period 6/4/2013 to 24/5/2013
A 5.81 B 5.85 C 5.83 D None of These
What is the Average Amount of Stock of Stapler Pin (Camel) 1x8x6 held during the
Q6 period 8/4/2013 to 23/5/2013
A 82,008.80 B 82,008.78 C 82,008.77 D None of These
What is the total value of fixed assets purchased during the period 12/4/2013 to
Q7 18/5/2013
A 76,52,800.00 B 76,53,000.00 C 76,52,600.00 D None of These

What is balance payable to Leisure Travels A/cas on 12/5/2013

Q8
A 62,000.00 B 58,000.00 C 61,000.00 D None of These

How much Cash is paid to Suppliers during the Period 10/4/2013 to 18/5/2013
Q9
A 4,79,000.00 B 4,80,000.00 C 4,81,000.00 D None of These

What is the Gross Profit Ratio as on 23/5/2013

Q10
A 0.04 B 0.06 C 0.05 D None of These
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What is the total quantity (Net) of Television (Philips)32" 1x1 Sold during the period
Q11 28/4/2013 to 30/5/2013
A 86.00 B 85.00 C 82.00 D None of These

What is the total Telephone expense in the month of May

Q12
A 1,073.00 B 1,077.00 C 1,076.00 D None of These

What is balance payable to Lincroft Electronics Ltd as on 30/5/2013

Q13
A 170,54,658.25 B 170,54,658.24 C 170,54,658.21 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned by customers during the
Q14 period 15/4/2013 to 28/5/2013
A 17.00 B 20.00 C 19.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q15 A/c as on 27/4/2013
A 41,74,525.14 B 41,74,525.12 C 41,74,525.11 D None of These

What is the total collection from customers through Bank accounts as on 18/5/2013
Q16
A 30,75,782.00 B 30,75,780.00 C 30,75,778.00 D None of These
What is the total amount of cash withdrawn from banks during the period 12/4/2013 to
Q17 9/5/2013
A 7,90,000.00 B 7,80,000.00 C 7,50,000.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q18 TRANSACTIONS
A 2.00 B 6.00 C 4.00 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Purchased during
Q19 the period 28/4/2013 to 21/5/2013
A 769.00 B 765.00 C 767.00 D None of These
What is the Amount (Gross) of Gum (Fevicol) 1x10x12 purchased during the period
Q20 18/4/2013 to 29/5/2013
A 12,632.42 B 12,632.38 C 12,632.40 D None of These
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What was the Cash Balance as on 8/4/2013

Q21
A 9,99,127.00 B 9,99,129.00 C 9,99,130.00 D None of These

What is the total Cheques collected from Hamilton Rose Hyper Market in May
Q22
A 6,97,387.00 B 6,97,385.00 C 6,97,388.00 D None of These

What is the value of Total Stock as on 4/4/2013

Q23
A 567,80,330.66 B 567,80,330.62 C 567,80,330.64 D None of These

What is the total value of Computer as on 20/5/2013

Q24
A 27,000.00 B 23,000.00 C 25,000.00 D None of These

What is the total Sale (Less Returns) as on 2/5/2013

Q25
A 44,64,890.00 B 44,64,870.00 C 44,64,900.00 D None of These
What is the Maximum Amount of Stock of Punching Machine (Kores) 1x4x12 held in
Q26 the month of April
A 3,27,761.46 B 3,27,761.42 C 3,27,761.44 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 16/4/2013 to
Q27 6/5/2013
A 13,49,549.00 B 13,49,553.00 C 13,49,552.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 24/5/2013

Q28
A 42,16,627.52 B 42,16,627.49 C 42,16,627.50 D None of These

What is the total Gross sale of Electronic Items as on 11/5/2013

Q29
A 49,97,310.00 B 49,97,312.00 C 49,97,311.00 D None of These

What is the total amount receivable from Debtors as on 4/5/2013

Q30
A 10,71,895.00 B 10,71,896.00 C 10,71,893.00 D None of These
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What is the Average Daily Expense of the company during the period 12/4/2013 to
Q31 31/5/2013
A 23,811.94 B 23,811.90 C 23,811.92 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q32 during the period 15/4/2013 to 12/5/2013
A 7,43,780.00 B 7,43,776.00 C 7,43,779.00 D None of These

What is the total amount payable to Suppliers as on 20/5/2013

Q33
A 271,50,414.56 B 271,50,414.54 C 271,50,414.55 D None of These
What is the total net sales (Less Returns) of Food Items during the period 1/4/2013 to
Q34 10/5/2013
A 7,55,322.00 B 7,55,321.00 C 7,55,319.00 D None of These
What is the Maximum Quantity of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q35 month of May
A 1,518.00 B 1,517.00 C 1,514.00 D None of These

What was the Average Cash balance held during the period 24/4/2013 to 19/5/2013
Q36
A 24,42,609.14 B 24,42,609.11 C 24,42,609.12 D None of These

What is the Total Net Sale of Food Items during the period 15/4/2013 to 17/5/2013
Q37
A 5,58,691.00 B 5,58,694.00 C 5,58,695.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q38 16/4/2013 to 18/5/2013
A 97.00 B 98.00 C 95.00 D None of These

What was the Average Bank balance held during the period 10/4/2013 to 28/5/2013
Q39
A 1135,28,847.17 B 1135,28,847.16 C 1135,28,847.19 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q40 during the period 1/4/2013 to 24/5/2013
A 121,96,184.24 B 121,96,184.22 C 121,96,184.26 D None of These
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What is the Quick Ratio as on 5/5/2013

Q41
A 1.84 B 1.82 C 1.80 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q42 A/c in April
A 41,74,525.14 B 41,74,525.12 C 41,74,525.10 D None of These

What is the total Cash payment made to Penmark Stationery Mall

Q43
A 80,000.00 B 79,000.00 C 78,000.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 25/5/2013
Q44
A 203,63,745.94 B 203,63,745.96 C 203,63,745.98 D None of These
what was the highest amount of cash balance held during the period 8/4/2013 to
Q45 13/5/2013
A 24,37,608.00 B 24,37,607.00 C 24,37,604.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q46 Street Branch) as on 18/5/2013
A 9,82,593.00 B 9,82,596.00 C 9,82,594.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q47 14/4/2013 to 28/5/2013
A 398,43,319.70 B 398,43,319.68 C 398,43,319.67 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q48 May
A 50,000.00 B 20,000.00 C 60,000.00 D None of These

what is the minimum cash balance held during the period 4/4/2013 to 26/5/2013
Q49
A 9,99,129.00 B 9,99,127.00 C 9,99,130.00 D None of These

What is the total amount payable to Creditors as on 26/5/2013

Q50
A 331,41,226.19 B 331,41,226.17 C 331,41,226.16 D None of These
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What is the total Cash inflow (Including Cash Withdrawal) during the period 3/4/2013
Q51 to 11/5/2013
A 31,98,049.00 B 31,98,052.00 C 31,98,051.00 D None of These
What is the total amount of cash deposited in banks during the period 16/4/2013 to
Q52 19/5/2013
A 5,50,000.00 B 5,90,000.00 C 5,80,000.00 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q53 17/4/2013 to 23/5/2013
A 2,66,386.41 B 2,66,386.40 C 2,66,386.39 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 5/4/2013 to
Q54 4/5/2013
A 29,876.00 B 29,872.00 C 29,875.00 D None of These
What is the total amount of sales return of Electronic Items during the period 8/4/2013
Q55 to 14/5/2013
A 4,93,882.00 B 4,93,878.00 C 4,93,880.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q56 (Lombard Street Branch) in May
A 5,18,787.00 B 5,18,785.00 C 5,18,788.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 28/4/2013
Q57
A 223,80,000.00 B 223,50,000.00 C 223,90,000.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 1/5/2013
Q58
A 235,11,696.40 B 235,11,696.38 C 235,11,696.42 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 1/4/2013 to
Q59 9/5/2013
A 0.00 B 96,302.00 C 39,091.00 D None of These

What is balance receivable from Hamilton Rose Hyper Marketas on 12/5/2013

Q60
A 2,02,129.00 B 2,02,132.00 C 2,02,131.00 D None of These
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What is the total payment made to Sanford Electrics Ltd during the period 9/4/2013 to
Q61 17/5/2013
A 37,560.00 B 26,651.00 C 42,278.00 D None of These
What is the total payment received from Lamson Grocery Shop during the period
Q62 5/4/2013 to 17/5/2013
A 23,80,000.00 B 23,50,000.00 C 23,90,000.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 2/4/2013
Q63 to 20/5/2013
A 3,01,484.00 B 3,01,488.00 C 3,01,487.00 D None of These

What is the total Purchase (Less Returns) as on 10/5/2013

Q64
A 673,82,500.69 B 673,82,500.66 C 673,82,500.67 D None of These

What is the total expense incurred during the period 8/4/2013 to 28/5/2013
Q65
A 6,74,908.00 B 6,74,911.00 C 6,74,910.00 D None of These
What is the Total Net Sale of Nido Milk Powder 500gm 1x4x2x6 during the period
Q66 1/4/2013 to 12/5/2013
A 3,59,551.00 B 3,59,549.00 C 3,59,548.00 D None of These
How much Cash is received (Gross) from Customers during the period 20/4/2013 to
Q67 10/5/2013
A 5,76,000.00 B 5,80,000.00 C 5,79,000.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 6/5/2013

Q68
A 655,93,537.82 B 655,93,537.83 C 655,93,537.85 D None of These
What was the Rate of Stock balance of Nido Milk Powder 500gm 1x4x2x6 as on
Q69 21/5/2013
A 304.10 B 304.09 C 304.12 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q70
A 264,69,415.47 B 264,69,415.48 C 264,69,415.50 D None of These
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What is the Total Amount of cash received from suppliers by way of Purchase Return
Q71
A 1,215.73 B 1,215.74 C 1,215.76 D None of These
What is the Gross COST OF SALE of Happy Tomato Sauce 250gm 1x8x4x2sold during
Q72 the period 13/4/2013 to 26/5/2013
A 1,49,525.77 B 1,49,525.75 C 1,49,525.79 D None of These

What is the Profit or Loss as on 16/5/2013

Q73
A -3,42,856.26 B -3,42,856.27 C -3,42,856.24 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 3/4/2013
Q74 to 26/5/2013
A 638,59,193.25 B 638,59,193.24 C 638,59,193.26 D None of These
What is the highest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q75 period 11/4/2013 to 30/5/2013
A 498.00 B 499.00 C 495.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 28/5/2013

Q76
A 67,07,669.00 B 67,07,667.00 C 67,07,665.00 D None of These

What is the Profit or Loss as on 4/4/2013

Q77
A -19,309.00 B -19,307.00 C -19,311.00 D None of These
What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q78 in the month of May
A 4,903.00 B 4,905.00 C 4,901.00 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q79 in the month of May
A 4,08,901.20 B 4,08,901.18 C 4,08,901.17 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in April
Q80
A 0.00 B 29,816.00 C 47,361.00 D None of These
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What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q81 period 16/4/2013 to 18/5/2013
A 222.00 B 224.00 C 225.00 D None of These

What is the total expense incurred as upto 16/5/2013

Q82
A 6,83,755.00 B 6,83,754.00 C 6,83,751.00 D None of These
What is the total payment received from Debtors during the period 1/4/2013 to
Q83 29/5/2013
A 48,10,139.00 B 48,10,142.00 C 48,10,143.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q84 8/4/2013 to 30/5/2013
A 58,90,976.00 B 58,90,979.00 C 58,90,980.00 D None of These

What is the total Expense Paid by cash during the period 17/4/2013 to 19/5/2013
Q85
A 2,99,162.00 B 2,99,163.00 C 2,99,159.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q86 12/4/2013 to 14/5/2013
A 231.10 B 231.06 C 231.08 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q87 9/4/2013 to 22/5/2013
A 2.23 B 2.25 C 2.27 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q88 period 11/4/2013 to 30/5/2013
A 190.00 B 180.00 C 160.00 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q89 3/4/2013 to 26/5/2013
A 140.00 B 136.00 C 138.00 D None of These

What was the Quantity of Stock of Television (Philips)32" 1x1 as on 14/4/2013

Q90
A 1,320.00 B 1,310.00 C 1,290.00 D None of These
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What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q91 20/4/2013 to 19/5/2013
A 6,977.00 B 6,980.00 C 6,979.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q92 period 11/4/2013 to 17/5/2013
A 8.00 B 11.00 C 10.00 D None of These

What was the Stock value of Gum (Fevicol) 1x10x12 as on 2/5/2013

Q93
A 37,815.76 B 37,815.75 C 37,815.72 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q94 Branch) in the month of May
A 80,000.00 B 90,000.00 C 50,000.00 D None of These

What is the total expense of Food & Refreshment as on 17/5/2013

Q95
A 680.00 B 690.00 C 660.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil Way
Q96 Branch) in the month ofMay
A 5,00,000.00 B 4,00,000.00 C 1,00,000.00 D None of These

What was the Total Bank balance as on 26/5/2013

Q97
A 797,05,538.34 B 797,05,538.33 C 797,05,538.30 D None of These

What is the total Gross Purchase of Stationery Items as on 7/5/2013

Q98
A 5,24,185.42 B 5,24,185.46 C 5,24,185.44 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q99
A 27,15,543.00 B 27,15,544.00 C 27,15,545.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 31/5/2013

Q100
A 21,85,067.00 B 21,85,069.00 C 21,85,065.00 D None of These