International Institute of Certified Accountants

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What is the Total Net Sale of Electronic Items during the period 10/4/2013 to 31/5/2013
Q1
A 64,86,394.00 B 64,86,391.00 C 64,86,395.00 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q2 during the period 5/4/2013 to 22/5/2013
A 11,92,661.00 B 11,92,663.00 C 11,92,660.00 D None of These

What is the total Credit sale (Net) of Food Items during the period 4/4/2013 to 4/5/2013
Q3
A 3,93,706.00 B 3,93,708.00 C 3,93,709.00 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q4
A 20,95,985.00 B 20,95,983.00 C 20,95,987.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q5 20/4/2013 to 13/5/2013
A 202,06,457.00 B 202,06,458.00 C 202,06,454.00 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 23/5/2013
Q6
A 340,73,837.00 B 340,73,834.00 C 340,73,838.00 D None of These
What is the Maximum Amount of Stock of Television (Philips)32" 1x1 held in the
Q7 month of May
A 407,23,744.67 B 407,23,744.68 C 407,23,744.70 D None of These

What is the total amount payable to Creditors other than suppliers as upto 27/5/2013
Q8
A 92,66,000.00 B 92,70,000.00 C 92,69,000.00 D None of These

What is the Debt Ratio as on 6/5/2013

Q9
A 0.48 B 0.46 C 0.45 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in April
Q10
A 76,000.00 B 80,000.00 C 78,000.00 D None of These
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What is the total Salary expense in the month of May

Q11
A 4,89,000.00 B 4,88,000.00 C 4,85,000.00 D None of These
What is the total quantity (Net) of Gum (Fevicol) 1x10x12 Purchased during the period
Q12 26/4/2013 to 15/5/2013
A 1,556.00 B 1,554.00 C 1,558.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 5/4/2013
Q13 to 10/5/2013
A 26,98,050.00 B 26,98,053.00 C 26,98,051.00 D None of These

What is balance payable to Lincroft Electronics Ltd as on 8/5/2013

Q14
A 315,34,597.33 B 315,34,597.34 C 315,34,597.32 D None of These
What is the collection from customers through Bank Accounts during the period
Q15 5/4/2013 to 22/5/2013
A 34,45,110.00 B 34,45,140.00 C 34,45,150.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q16 14/4/2013 to 31/5/2013
A 5,44,680.00 B 5,44,660.00 C 5,44,700.00 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Sold during the period
Q17 25/4/2013 to 29/5/2013
A 82.00 B 84.00 C 86.00 D None of These

What is the Profit or Loss as on 22/4/2013

Q18
A 1,33,957.22 B 1,33,957.24 C 1,33,957.20 D None of These

What is the Profit or Loss as on 12/4/2013

Q19
A 1,09,169.26 B 1,09,169.29 C 1,09,169.27 D None of These

What is the total Net Cash Purchase (Less Returns) as on 14/5/2013

Q20
A 3,64,227.48 B 3,64,227.51 C 3,64,227.52 D None of These
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What is the Average Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 held
Q21 during the period 12/4/2013 to 25/5/2013
A 5,055.00 B 5,054.00 C 5,051.00 D None of These

What was the Average Cash balance held during the period 8/4/2013 to 7/5/2013
Q22
A 18,67,042.79 B 18,67,042.76 C 18,67,042.77 D None of These

What is the total Gross sale of Food Items as on 30/4/2013

Q23
A 6,02,784.00 B 6,02,788.00 C 6,02,787.00 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in May
Q24
A 270,00,000.00 B 260,00,000.00 C 280,00,000.00 D None of These

What is the total payment made to Creditors during the period 3/4/2013 to 30/5/2013
Q25
A 746,27,029.66 B 746,27,029.70 C 746,27,029.68 D None of These
What was the Rate of Stock balance of Lipton Brue Coffee 250gm 1x2x8 as on
Q26 22/4/2013
A 204.19 B 204.17 C 204.15 D None of These

What is balance payable to Eicher Machineries Ltd A/cas on 29/5/2013

Q27
A 50,00,000.00 B 10,00,000.00 C 30,00,000.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q28
A 1,215.77 B 1,215.74 C 1,215.75 D None of These
What is the lowest Rate at which Television (Philips)32" 1x1 purchased during the
Q29 period 11/4/2013 to 30/5/2013
A 28,600.00 B 28,300.00 C 28,400.00 D None of These

What was the Cash Balance as on 30/5/2013

Q30
A 35,78,514.75 B 35,78,514.73 C 35,78,514.77 D None of These
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What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q31 Branch) in May
A 81,89,050.42 B 81,89,050.38 C 81,89,050.40 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q32 period 18/4/2013 to 26/5/2013
A 3,57,800.33 B 3,57,800.30 C 3,57,800.31 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q33
A 235,11,696.42 B 235,11,696.38 C 235,11,696.40 D None of These
What is the lowest Rate at which Television (Onida) 21" 1x1 sold during the period
Q34 15/4/2013 to 17/5/2013
A 8,527.00 B 8,524.00 C 8,528.00 D None of These

What is the Currrent Ratio as on 17/5/2013

Q35
A 3.16 B 3.15 C 3.14 D None of These

What is the total Sale (Less Returns) as on 27/4/2013

Q36
A 46,15,636.00 B 46,15,634.00 C 46,15,638.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q37 Street Branch) as on 2/5/2013
A 7,82,594.00 B 7,82,595.00 C 7,82,596.00 D None of These
How much Cash is received (Gross) from Customers during the period 18/4/2013 to
Q38 14/5/2013
A 6,76,000.00 B 6,78,000.00 C 6,80,000.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q39 6/4/2013 to 17/5/2013
A 231.07 B 231.10 C 231.08 D None of These

What is the total Net Cash Sale (Less Returns) as on 26/5/2013

Q40
A 22,18,322.00 B 22,18,318.00 C 22,18,320.00 D None of These
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What is the total Net Credit Purchase (Less Returns) as on 22/4/2013

Q41
A 639,24,718.82 B 639,24,718.81 C 639,24,718.84 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 sold during the period
Q42 11/4/2013 to 23/5/2013
A 42.00 B 41.00 C 39.00 D None of These
What is the Gross COST OF SALE of Refrigerator (Kelvinator) 1x1sold during the
Q43 period 2/4/2013 to 31/5/2013
A 11,49,781.32 B 11,49,781.31 C 11,49,781.33 D None of These
What is the Average Daily Expense of the company during the period 3/4/2013 to
Q44 29/5/2013
A 11,850.41 B 11,850.38 C 11,850.39 D None of These

What is the total Net Credit Sale (Less Returns) as on 7/5/2013

Q45
A 47,76,703.00 B 47,76,701.00 C 47,76,699.00 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 purchased during the
Q46 period 1/4/2013 to 29/5/2013
A 6,455.43 B 6,455.41 C 6,455.45 D None of These
What is the Minimum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held in the
Q47 month of April
A 4,859.00 B 4,863.00 C 4,862.00 D None of These

What was the Total Bank balance as on 2/4/2013

Q48
A 1495,00,000.00 B 1498,00,000.00 C 1497,00,000.00 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 9/4/2013 to
Q49 10/5/2013
A 29,872.00 B 29,874.00 C 29,876.00 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned to suppliers during the
Q50 period 1/4/2013 to 31/5/2013
A 18.00 B 14.00 C 17.00 D None of These
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What is the total Credit Purchase (Net) of Electronic Items during the period 7/4/2013
Q51 to 21/5/2013
A 103,68,932.49 B 103,68,932.47 C 103,68,932.51 D None of These

What is the Maximum Quantity of Stock of Television (Onida) 21" 1x1 in business
Q52
A 1,481.00 B 1,483.00 C 1,485.00 D None of These
What is the total value of fixed assets purchased during the period 12/4/2013 to
Q53 27/5/2013
A 76,78,600.00 B 76,78,900.00 C 76,78,800.00 D None of These
What is the total amount of cash withdrawn from banks during the period 9/4/2013 to
Q54 25/5/2013
A 50,50,000.00 B 50,80,000.00 C 50,90,000.00 D None of These

What is the total Purchase (Less Returns) as on 29/5/2013

Q55
A 725,06,074.10 B 725,06,074.09 C 725,06,074.11 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q56 20/4/2013 to 6/5/2013
A 9,00,088.00 B 9,00,092.00 C 9,00,090.00 D None of These

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

Q57
A 331,41,226.16 B 331,41,226.20 C 331,41,226.18 D None of These
What is the lowest Quantity of Gum (Fevicol) 1x10x12 purchased during the period
Q58 13/4/2013 to 17/5/2013
A 240.00 B 260.00 C 270.00 D None of These

What is the total amount receivable from Debtors as on 25/4/2013

Q59
A 19,71,774.00 B 19,71,772.00 C 19,71,775.00 D None of These
What is the total amount of cash deposited in banks during the period 18/4/2013 to
Q60 22/5/2013
A 5,50,000.00 B 5,90,000.00 C 5,70,000.00 D None of These
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What is the total payment received from Adiison Lee Fancy Shop during the period
Q61 2/4/2013 to 15/5/2013
A 3,64,000.00 B 3,63,000.00 C 3,65,000.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil Way
Q62 Branch) in the month ofMay
A 5,00,000.00 B 4,00,000.00 C 3,00,000.00 D None of These

What was the Average Bank balance held during the period 18/4/2013 to 20/5/2013
Q63
A 1153,03,451.43 B 1153,03,451.42 C 1153,03,451.41 D None of These

What was the Stock value of Stapler Pin (Camel) 1x8x6 as on 16/5/2013
Q64
A 91,870.74 B 91,870.76 C 91,870.72 D None of These

What is the total value of Vehicles as on 5/5/2013

Q65
A 4,08,000.00 B 4,09,000.00 C 4,05,000.00 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q66 10/4/2013 to 29/5/2013
A 2,497.00 B 2,499.00 C 2,498.00 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 14/5/2013
Q67
A 2,45,619.00 B 2,45,620.00 C 2,45,616.00 D None of These

What is the total Expense Paid by cash during the period 1/4/2013 to 10/5/2013
Q68
A 2,97,191.00 B 2,97,195.00 C 2,97,193.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q69 (Churchil Way Branch) in April
A 6,69,617.00 B 6,69,619.00 C 6,69,615.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q70
A 6,00,000.00 B 8,00,000.00 C 4,00,000.00 D None of These
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What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned by customers during
Q71 the period 10/4/2013 to 17/5/2013
A 7.00 B 4.00 C 8.00 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q72 18/4/2013 to 11/5/2013
A 1,25,315.44 B 1,25,315.41 C 1,25,315.42 D None of These

What is the total expense incurred as upto 1/5/2013

Q73
A 6,24,169.00 B 6,24,168.00 C 6,24,167.00 D None of These

What is the total expense of Mobile Expense as on 7/5/2013

Q74
A 3,581.00 B 3,583.00 C 3,585.00 D None of These
What is the total payment received from Debtors during the period 18/4/2013 to
Q75 18/5/2013
A 32,26,778.00 B 32,26,782.00 C 32,26,780.00 D None of These
What is the total payment made to Yorkshare Food Products Ltd during the period
Q76 4/4/2013 to 19/5/2013
A 32,56,818.06 B 32,56,818.08 C 32,56,818.10 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 5/5/2013
Q77
A 275,11,696.38 B 275,11,696.40 C 275,11,696.42 D None of These

what is the minimum cash balance held during the period 12/4/2013 to 18/5/2013
Q78
A 10,93,050.00 B 10,93,060.00 C 10,93,020.00 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q79 13/4/2013 to 20/5/2013
A 117.00 B 120.00 C 119.00 D None of These
What is the total Cash Purchase (Net) of Stationery Items during the period 7/4/2013 to
Q80 7/5/2013
A 1,01,560.00 B 1,01,540.00 C 1,01,530.00 D None of These
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What is the total Gross Purchase of Stationery Items as on 2/5/2013

Q81
A 5,00,070.23 B 5,00,070.22 C 5,00,070.25 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q82 business
A 4,08,901.20 B 4,08,901.18 C 4,08,901.17 D None of These

What is the Profit or Loss as on 23/5/2013

Q83
A -2,16,890.25 B -2,16,890.24 C -2,16,890.26 D None of These

What is the total collection from customers through Bank accounts as on 10/5/2013
Q84
A 23,95,986.00 B 23,95,983.00 C 23,95,987.00 D None of These
What is the total net sales (Less Returns) of Electronic Items during the period
Q85 12/4/2013 to 29/5/2013
A 64,86,395.00 B 64,86,393.00 C 64,86,391.00 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of April
Q86
A 0.00 B 28,489.00 C 98,702.00 D None of These

What was the Quantity of Stock of Television (Onida) 21" 1x1 as on 20/4/2013
Q87
A 1,290.00 B 1,292.00 C 1,288.00 D None of These
What is the Total Net Sale of Punching Machine (Kores) 1x4x12 during the period
Q88 5/4/2013 to 29/5/2013
A 1,11,471.00 B 1,11,472.00 C 1,11,468.00 D None of These
What is the total amount of sales return of Stationery Items during the period 13/4/2013
Q89 to 18/5/2013
A 265.00 B 264.00 C 262.00 D None of These

What is the total Cheques collected from Adiison Lee Fancy Shop in April
Q90
A 2,89,000.00 B 2,85,000.00 C 2,88,000.00 D None of These
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How much Cash is paid to Suppliers during the Period 9/4/2013 to 24/5/2013
Q91
A 4,77,000.00 B 4,81,000.00 C 4,79,000.00 D None of These
What is the Average Amount of Stock of Television (Philips)32" 1x1 held during the
Q92 period 1/4/2013 to 6/5/2013
A 348,88,699.50 B 348,88,699.48 C 348,88,699.52 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q93 period 5/4/2013 to 24/5/2013
A 36.00 B 35.00 C 38.00 D None of These

What is the total expense incurred during the period 11/4/2013 to 27/5/2013
Q94
A 6,74,110.00 B 6,74,111.00 C 6,74,107.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q95 Branch) during the period 5/4/2013 to 5/5/2013
A 111,51,767.70 B 111,51,767.68 C 111,51,767.66 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q96 Branch) as on 28/4/2013
A 81,85,403.60 B 81,85,403.58 C 81,85,403.62 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q97 TRANSACTIONS
A 6.00 B 3.00 C 5.00 D None of These
what was the highest amount of cash balance held during the period 1/4/2013 to
Q98 31/5/2013
A 1500,00,000.00 B 1800,00,000.00 C 1900,00,000.00 D None of These

What is the value of Total Stock as on 31/5/2013

Q99
A 641,58,986.47 B 641,58,986.45 C 641,58,986.46 D None of These

What is the total amount payable to Suppliers as on 22/5/2013

Q100
A 280,54,481.71 B 280,54,481.75 C 280,54,481.73 D None of These