International Institute of Certified Accountants

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What is the total net Purchases (Less Returns) of Electronic Items during the period
Q1 18/4/2013 to 29/5/2013
A 92,06,383.43 B 92,06,383.40 C 92,06,383.41 D None of These
What is the Average Amount of Stock of Stapler Pin (Camel) 1x8x6 held during the
Q2 period 22/4/2013 to 11/5/2013
A 85,177.33 B 85,177.34 C 85,177.32 D None of These

What is the total amount payable to Creditors as on 10/5/2013

Q3
A 565,70,002.29 B 565,70,002.26 C 565,70,002.27 D None of These

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

Q4
A 10,71,893.00 B 10,71,896.00 C 10,71,897.00 D None of These

What is the total amount of cheque paid to Yorkshare Food Products Ltd in May
Q5
A 1,89,050.40 B 1,89,050.42 C 1,89,050.38 D None of These

What is the Profit or Loss as on 26/5/2013

Q6
A -1,48,102.60 B -1,48,102.62 C -1,48,102.63 D None of These
What is the highest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q7 13/4/2013 to 15/5/2013
A 278.00 B 276.00 C 279.00 D None of These

What is the total expense of Petrol & Diesel as on 8/5/2013

Q8
A 1,258.00 B 1,259.00 C 1,255.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q9
A 264,69,415.48 B 264,69,415.46 C 264,69,415.47 D None of These
What is the Total Net Sale of Gum (Fevicol) 1x10x12 during the period 3/4/2013 to
Q10 12/5/2013
A 5,518.00 B 5,514.00 C 5,517.00 D None of These
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What is the Amount (Gross) of Television (Philips)32" 1x1 purchased during the period
Q11 13/4/2013 to 15/5/2013
A 60,72,432.04 B 60,72,432.00 C 60,72,432.02 D None of These
What is the total quantity (Net) of Refrigerator (Kelvinator) 1x1 Sold during the period
Q12 21/4/2013 to 20/5/2013
A 46.00 B 44.00 C 42.00 D None of These
What is the Quantity of Stapler Pin (Camel) 1x8x6 returned to suppliers during the
Q13 period 2/4/2013 to 13/5/2013
A 11.00 B 7.00 C 10.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned by customers during the
Q14 period 4/4/2013 to 15/5/2013
A 30.00 B 10.00 C 40.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q15
A 27,15,544.00 B 27,15,545.00 C 27,15,541.00 D None of These

What is balance receivable from Lamson Grocery Shopas on 21/5/2013

Q16
A 5,90,528.00 B 5,90,527.00 C 5,90,524.00 D None of These
How much Cash is received (Gross) from Customers during the period 20/4/2013 to
Q17 24/5/2013
A 7,88,000.00 B 7,89,000.00 C 7,87,000.00 D None of These

What was the Cash Balance as on 21/5/2013

Q18
A 37,68,606.48 B 37,68,606.50 C 37,68,606.52 D None of These

What is balance payable to Brixton Foods Ltd as on 27/4/2013

Q19
A 59,090.63 B 59,090.61 C 59,090.65 D None of These

what is the minimum cash balance held during the period 14/4/2013 to 8/5/2013
Q20
A 15,45,412.00 B 15,45,414.00 C 15,45,416.00 D None of These
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What is the total Net Cash Purchase (Less Returns) as on 5/5/2013

Q21
A 3,05,907.00 B 3,05,906.00 C 3,05,908.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 sold during the period
Q22 1/4/2013 to 21/5/2013
A 10.00 B 11.00 C 12.00 D None of These

What was the Average Bank balance held during the period 1/4/2013 to 24/5/2013
Q23
A 1218,63,543.65 B 1218,63,543.69 C 1218,63,543.67 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil Way
Q24 Branch) in the month ofMay
A 4,00,000.00 B 3,00,000.00 C 5,00,000.00 D None of These
What was the Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q25 15/5/2013
A 5,409.00 B 5,411.00 C 5,412.00 D None of These

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

Q26
A 655,93,537.86 B 655,93,537.85 C 655,93,537.83 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q27 the period 6/4/2013 to 27/5/2013
A 132.00 B 129.00 C 131.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q28
A 1,215.73 B 1,215.77 C 1,215.75 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q29 16/4/2013 to 28/5/2013
A 55,34,423.00 B 55,34,421.00 C 55,34,422.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 13/5/2013

Q30
A 8,64,954.00 B 8,64,952.00 C 8,64,955.00 D None of These
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What is the total amount collected from customers through Bank of London A/c
Q31 (Lombard Street Branch) in April
A 7,82,595.00 B 7,82,596.00 C 7,82,592.00 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q32 12/4/2013 to 30/5/2013
A 6,536.00 B 6,532.00 C 6,535.00 D None of These

What was the Stock value of Television (Onida) 21" 1x1 as on 28/5/2013
Q33
A 118,62,358.37 B 118,62,358.40 C 118,62,358.38 D None of These
What is the highest Quantity of Gum (Fevicol) 1x10x12 purchased during the period
Q34 16/4/2013 to 23/5/2013
A 2,040.00 B 2,080.00 C 2,070.00 D None of These

What is the total Gross Purchase of Electronic Items as on 31/5/2013

Q35
A 685,02,267.84 B 685,02,267.86 C 685,02,267.82 D None of These
What is the collection from customers through Bank Accounts during the period
Q36 18/4/2013 to 10/5/2013
A 16,60,983.00 B 16,60,987.00 C 16,60,986.00 D None of These

How much Cash is paid to Suppliers during the Period 15/4/2013 to 12/5/2013
Q37
A 3,70,000.00 B 3,71,000.00 C 3,67,000.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 23/5/2013
Q38
A 439,27,319.66 B 439,27,319.68 C 439,27,319.70 D None of These

What is the total amount payable to Suppliers as on 23/4/2013

Q39
A 441,63,426.00 B 441,63,426.04 C 441,63,426.03 D None of These
What is the Average Quantity of Stock of Stapler Pin (Camel) 1x8x6 held during the
Q40 period 1/4/2013 to 9/5/2013
A 11,952.00 B 11,955.00 C 11,954.00 D None of These
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What is balance payable to Shefield Real Estate Company A/cas on 13/5/2013

Q41
A 80,00,000.00 B 60,00,000.00 C 100,00,000.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Lombard Street
Q42 Branch) in the month of May
A 1,50,000.00 B 1,80,000.00 C 1,70,000.00 D None of These

What is the Profit or Loss as on 2/4/2013

Q43
A -19,228.00 B -19,229.00 C -19,230.00 D None of These
What is the total Credit Purchase (Net) of Food Items during the period 9/4/2013 to
Q44 22/5/2013
A 7,13,446.56 B 7,13,446.54 C 7,13,446.58 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q45 18/4/2013 to 18/5/2013
A 2.88 B 2.86 C 2.84 D None of These

What is the total Gross sale of Stationery Items as on 27/5/2013

Q46
A 1,51,149.00 B 1,51,147.00 C 1,51,145.00 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 purchased during
Q47 the period 3/4/2013 to 28/5/2013
A 500.00 B 400.00 C 600.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q48 TRANSACTIONS
A 2.00 B 4.00 C 6.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q49 Street Branch) as on 27/4/2013
A 7,82,596.00 B 7,82,592.00 C 7,82,595.00 D None of These
What is the total amount of sales return of Stationery Items during the period 4/4/2013
Q50 to 2/5/2013
A 220.00 B 200.00 C 190.00 D None of These
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What is the total Cheques collected from Adiison Lee Fancy Shop in May
Q51
A 98,339.00 B 98,336.00 C 98,338.00 D None of These
What is the highest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q52 period 19/4/2013 to 19/5/2013
A 229.00 B 230.00 C 227.00 D None of These
What is the total payment made to Penmart Stationery Mall during the period
Q53 10/4/2013 to 20/5/2013
A 27,403.61 B 27,403.62 C 27,403.58 D None of These
What is the total amount of cash withdrawn from banks during the period 9/4/2013 to
Q54 31/5/2013
A 50,80,000.00 B 50,90,000.00 C 50,50,000.00 D None of These

What is the total Sale (Less Returns) as on 22/5/2013

Q55
A 80,13,848.00 B 80,13,844.00 C 80,13,847.00 D None of These

What is the Total Net Sale of Stationery Items during the period 4/4/2013 to 13/5/2013
Q56
A 99,480.00 B 99,440.00 C 99,470.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q57 Branch) in April
A 81,85,403.62 B 81,85,403.60 C 81,85,403.59 D None of These

What is the total collection from customers through Bank accounts as on 18/5/2013
Q58
A 30,75,782.00 B 30,75,780.00 C 30,75,781.00 D None of These

What is the Minimum Quantity of Stock of Stapler Pin (Camel) 1x8x6 in business
Q59
A 10,241.00 B 10,240.00 C 10,237.00 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in May
Q60
A 40,000.00 B 50,000.00 C 10,000.00 D None of These
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What is the total Purchase (Less Returns) as on 25/4/2013

Q61
A 642,31,678.84 B 642,31,678.81 C 642,31,678.82 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 16/5/2013
Q62
A 363,39,501.15 B 363,39,501.17 C 363,39,501.18 D None of These
What is the Maximum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q63 the month of April
A 15,87,719.59 B 15,87,719.57 C 15,87,719.55 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 4/4/2013 to
Q64 20/4/2013
A 26,745.00 B 0.00 C 28,102.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q65 Branch) during the period 14/4/2013 to 16/5/2013
A 83,74,455.00 B 83,74,457.00 C 83,74,458.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q66 5/4/2013 to 27/5/2013
A 439,27,319.68 B 439,27,319.66 C 439,27,319.67 D None of These

What is the Gross Profit Ratio as on 2/5/2013

Q67
A 0.03 B 0.04 C 0.05 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q68 15/4/2013 to 12/5/2013
A 3,95,575.63 B 3,95,575.59 C 3,95,575.61 D None of These

What is the total Expense Paid by cash during the period 16/4/2013 to 9/5/2013
Q69
A 2,95,380.00 B 2,95,378.00 C 2,95,376.00 D None of These

What is the total Salary expense in the month of April

Q70
A 4,85,000.00 B 4,89,000.00 C 4,87,000.00 D None of These
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What is the total value of Machinery as on 5/5/2013

Q71
A 100,00,000.00 B 70,00,000.00 C 90,00,000.00 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q72 in the month of April
A 4,20,717.58 B 4,20,717.60 C 4,20,717.62 D None of These
What is the total payment received from Lamson Grocery Shop during the period
Q73 2/4/2013 to 22/5/2013
A 26,60,000.00 B 26,70,000.00 C 26,90,000.00 D None of These

What is the Profit or Loss as on 25/4/2013

Q74
A 1,67,855.67 B 1,67,855.69 C 1,67,855.65 D None of These
What is the total amount of cash deposited in banks during the period 3/4/2013 to
Q75 11/5/2013
A 4,00,000.00 B 6,00,000.00 C 7,00,000.00 D None of These

What is the total payment made to Creditors during the period 6/4/2013 to 28/5/2013
Q76
A 746,27,029.66 B 746,27,029.68 C 746,27,029.70 D None of These

What was the Average Cash balance held during the period 6/4/2013 to 5/5/2013
Q77
A 18,09,446.48 B 18,09,446.50 C 18,09,446.52 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 9/4/2013 to
Q78 22/5/2013
A 37,466.00 B 37,463.00 C 37,467.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 12/5/2013

Q79
A 52,44,097.00 B 52,44,099.00 C 52,44,098.00 D None of These

What is the total expense incurred as upto 30/4/2013

Q80
A 6,01,682.00 B 6,01,678.00 C 6,01,681.00 D None of These
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What is the total net sales (Less Returns) of Electronic Items during the period
Q81 12/4/2013 to 24/5/2013
A 66,37,160.00 B 66,37,120.00 C 66,37,140.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 28/4/2013
Q82
A 223,90,000.00 B 223,80,000.00 C 223,50,000.00 D None of These

What is the Maximum Quantity of Stock of Gum (Fevicol) 1x10x12 in business

Q83
A 17,360.00 B 17,320.00 C 17,350.00 D None of These

What is the value of Total Stock as on 9/4/2013

Q84
A 594,35,618.81 B 594,35,618.82 C 594,35,618.80 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q85
A 8,00,000.00 B 4,00,000.00 C 6,00,000.00 D None of These

What was the Total Bank balance as on 7/4/2013

Q86
A 1520,00,000.00 B 1510,00,000.00 C 1500,00,000.00 D None of These

What is the total expense incurred during the period 9/4/2013 to 18/5/2013
Q87
A 6,67,109.00 B 6,67,111.00 C 6,67,112.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q88 A/c as on 16/5/2013
A 81,94,115.85 B 81,94,115.82 C 81,94,115.86 D None of These
What is the Gross COST OF SALE of Refrigerator (Kelvinator) 1x1sold during the
Q89 period 7/4/2013 to 30/5/2013
A 8,98,019.56 B 8,98,019.58 C 8,98,019.54 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 6/4/2013
Q90 to 9/5/2013
A 2,96,836.00 B 2,96,833.00 C 2,96,837.00 D None of These
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What is the total payment received from Debtors during the period 14/4/2013 to
Q91 22/5/2013
A 39,86,110.00 B 39,86,140.00 C 39,86,150.00 D None of These
What is the total quantity (Net) of Gum (Fevicol) 1x10x12 Purchased during the period
Q92 29/4/2013 to 28/5/2013
A 3,474.00 B 3,477.00 C 3,478.00 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q93 during the period 14/4/2013 to 10/5/2013
A 7,43,778.00 B 7,43,780.00 C 7,43,776.00 D None of These
What is the total value of fixed assets purchased during the period 2/4/2013 to
Q94 27/5/2013
A 357,56,600.00 B 357,56,900.00 C 357,56,800.00 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 16/4/2013 to
Q95 28/5/2013
A 73,613.00 B 73,612.00 C 73,609.00 D None of These

What is the Currrent Ratio as on 15/5/2013

Q96
A 3.04 B 3.05 C 3.06 D None of These
What is the Average Daily Expense of the company during the period 15/4/2013 to
Q97 29/5/2013
A 14,443.09 B 14,443.11 C 14,443.13 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 11/4/2013
Q98 to 11/5/2013
A 23,98,049.00 B 23,98,051.00 C 23,98,053.00 D None of These

What was the Rate of Stock balance of Stapler Pin (Camel) 1x8x6 as on 29/5/2013
Q99
A 5.67 B 5.65 C 5.63 D None of These
what was the highest amount of cash balance held during the period 3/4/2013 to
Q100 28/5/2013
A 63,21,719.52 B 63,21,719.48 C 63,21,719.50 D None of These