International Institute of Certified Accountants

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What is the Gross COST OF SALE of Lipton Brue Coffee 250gm 1x2x8sold during the
Q1 period 9/4/2013 to 31/5/2013
A 3,13,195.36 B 3,13,195.33 C 3,13,195.35 D None of These
How much Cash is received (Gross) from Customers during the period 14/4/2013 to
Q2 24/5/2013
A 8,89,000.00 B 8,90,000.00 C 8,86,000.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q3 period 15/4/2013 to 27/5/2013
A 70.00 B 30.00 C 60.00 D None of These

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

Q4
A -1,48,102.60 B -1,48,102.62 C -1,48,102.64 D None of These
What is the Total Net Sale of Punching Machine (Kores) 1x4x12 during the period
Q5 16/4/2013 to 26/5/2013
A 84,021.00 B 84,020.00 C 84,018.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 16/4/2013
Q6 to 21/5/2013
A 75,59,964.48 B 75,59,964.50 C 75,59,964.49 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q7 7/4/2013 to 17/5/2013
A 31,734.00 B 4,323.00 C 30,175.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q8
A 264,69,415.48 B 264,69,415.46 C 264,69,415.47 D None of These

What is the total expense of Food & Refreshment as on 23/5/2013

Q9
A 670.00 B 680.00 C 650.00 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in April
Q10
A 48,345.00 B 82,701.00 C 72,554.00 D None of These
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What is the total Net Credit Sale (Less Returns) as on 25/4/2013

Q11
A 39,14,140.00 B 39,14,180.00 C 39,14,170.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 7/4/2013 to
Q12 13/5/2013
A 6,17,686.00 B 6,17,683.00 C 6,17,687.00 D None of These
What is the lowest Rate at which Television (Philips)32" 1x1 purchased during the
Q13 period 16/4/2013 to 18/5/2013
A 28,400.00 B 28,200.00 C 28,600.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q14 A/c as on 21/4/2013
A 41,74,525.10 B 41,74,525.14 C 41,74,525.12 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q15
A 1,215.75 B 1,215.73 C 1,215.77 D None of These

What is the Total Net Sale of Electronic Items during the period 8/4/2013 to 25/5/2013
Q16
A 66,37,120.00 B 66,37,150.00 C 66,37,160.00 D None of These

What is the total collection from customers through Bank accounts as on 21/5/2013
Q17
A 31,75,780.00 B 31,75,782.00 C 31,75,778.00 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of April
Q18
A 14,187.00 B 75,518.00 C 0.00 D None of These
What is the Maximum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q19 business
A 5,615.00 B 5,614.00 C 5,611.00 D None of These

What is balance payable to Penmark Stationery Mall as on 24/5/2013

Q20
A 57,845.72 B 57,845.70 C 57,845.73 D None of These
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What is the Maximum Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 in
Q21 business
A 11,35,420.77 B 11,35,420.80 C 11,35,420.78 D None of These
What is the total value of fixed assets purchased during the period 20/4/2013 to
Q22 26/5/2013
A 76,59,000.00 B 76,58,600.00 C 76,58,800.00 D None of These

What is the value of Total Stock as on 11/5/2013

Q23
A 623,78,407.88 B 623,78,407.86 C 623,78,407.85 D None of These
What is the total payment received from Debtors during the period 9/4/2013 to
Q24 30/5/2013
A 48,10,139.00 B 48,10,142.00 C 48,10,141.00 D None of These

What is the Profit or Loss as on 11/4/2013

Q25
A 41,311.99 B 41,312.01 C 41,312.03 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Purchased during
Q26 the period 29/4/2013 to 16/5/2013
A 2,401.00 B 2,402.00 C 2,400.00 D None of These
What is the total payment made to Penmart Stationery Mall during the period 6/4/2013
Q27 to 20/5/2013
A 27,403.60 B 27,403.62 C 27,403.58 D None of These

What was the Cash Balance as on 22/5/2013

Q28
A 37,68,486.49 B 37,68,486.48 C 37,68,486.50 D None of These

What is the total Gross Purchase of Stationery Items as on 11/5/2013

Q29
A 5,68,764.22 B 5,68,764.23 C 5,68,764.24 D None of These

What is the total Cheques collected from Brinxton Hyper Mall in May
Q30
A 1,50,246.00 B 1,50,245.00 C 1,50,247.00 D None of These
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What is the total amount of sales return of Food Items during the period 8/4/2013 to
Q31 28/5/2013
A 7,124.00 B 7,121.00 C 7,125.00 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 13/4/2013
Q32
A 480,00,000.00 B 477,00,000.00 C 481,00,000.00 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 7/4/2013 to
Q33 13/5/2013
A 2,62,769.00 B 2,62,772.00 C 2,62,771.00 D None of These
What is the total net sales (Less Returns) of Electronic Items during the period 4/4/2013
Q34 to 5/5/2013
A 37,52,562.00 B 37,52,563.00 C 37,52,559.00 D None of These
what was the highest amount of cash balance held during the period 15/4/2013 to
Q35 9/5/2013
A 24,37,608.00 B 24,37,604.00 C 24,37,607.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q36 (Churchil Way Branch) in April
A 6,69,619.00 B 6,69,615.00 C 6,69,618.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 16/5/2013

Q37
A 42,16,627.52 B 42,16,627.49 C 42,16,627.50 D None of These
What is the lowest Quantity of Refrigerator (Kelvinator) 1x1 sold during the period
Q38 14/4/2013 to 21/5/2013
A 2.00 B 5.00 C 6.00 D None of These
What is the Amount (Gross) of Refrigerator (Kelvinator) 1x1 purchased during the
Q39 period 15/4/2013 to 31/5/2013
A 24,30,209.18 B 24,30,209.19 C 24,30,209.20 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q40 Branch) during the period 3/4/2013 to 21/5/2013
A 123,74,456.00 B 123,74,454.00 C 123,74,457.00 D None of These
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What is the total expense incurred during the period 12/4/2013 to 19/5/2013
Q41
A 6,66,911.00 B 6,66,909.00 C 6,66,912.00 D None of These
What is the lowest Quantity of Refrigerator (Kelvinator) 1x1 purchased during the
Q42 period 10/4/2013 to 20/5/2013
A 42.00 B 39.00 C 43.00 D None of These
What was the Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q43 5/5/2013
A 5,395.00 B 5,398.00 C 5,399.00 D None of These
What is the highest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q44 period 10/4/2013 to 15/5/2013
A 231.00 B 233.00 C 232.00 D None of These
What is the total amount of cash deposited in banks during the period 18/4/2013 to
Q45 10/5/2013
A 7,00,000.00 B 4,00,000.00 C 6,00,000.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q46 Street Branch) as on 25/4/2013
A 5,32,596.00 B 5,32,592.00 C 5,32,595.00 D None of These

What is the Minimum Quantity of Stock of Refrigerator (Kelvinator) 1x1 in business

Q47
A 1,160.00 B 1,161.00 C 1,157.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q48 Branch) in the month ofApril
A 7,00,000.00 B 10,00,000.00 C 8,00,000.00 D None of These

What is the Quick Ratio as on 10/4/2013

Q49
A 1.74 B 1.78 C 1.76 D None of These

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

Q50
A 80,13,844.00 B 80,13,847.00 C 80,13,848.00 D None of These
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What is the Average Daily Expense of the company during the period 14/4/2013 to
Q51 23/5/2013
A 16,241.92 B 16,241.91 C 16,241.95 D None of These

What is the total payment made to Creditors during the period 5/4/2013 to 19/5/2013
Q52
A 604,49,097.90 B 604,49,097.92 C 604,49,097.91 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 8/4/2013 to
Q53 30/4/2013
A 22,31,677.00 B 22,31,681.00 C 22,31,680.00 D None of These

What is the total amount receivable from Debtors as on 29/4/2013

Q54
A 13,05,609.00 B 13,05,612.00 C 13,05,613.00 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 purchased during the
Q55 period 10/4/2013 to 20/5/2013
A 101.00 B 102.00 C 99.00 D None of These

What is the total Gross sale of Food Items as on 18/5/2013

Q56
A 10,79,109.00 B 10,79,106.00 C 10,79,108.00 D None of These

what is the minimum cash balance held during the period 18/4/2013 to 15/5/2013
Q57
A 17,95,192.00 B 17,95,195.00 C 17,95,194.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q58 period 14/4/2013 to 25/5/2013
A 12.00 B 16.00 C 14.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q59 20/4/2013 to 18/5/2013
A 2,96,153.00 B 2,96,155.00 C 2,96,156.00 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q60 Branch) during the period 19/4/2013 to 23/5/2013
A 6,37,596.00 B 6,37,593.00 C 6,37,595.00 D None of These
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What is the total amount paid to Suppliers through Bank accounts as on 20/5/2013
Q61
A 399,09,387.90 B 399,09,387.92 C 399,09,387.91 D None of These

What is the total amount payable to Suppliers as on 6/5/2013

Q62
A 377,14,841.42 B 377,14,841.46 C 377,14,841.44 D None of These

What is the Profit or Loss as on 3/5/2013

Q63
A -3,82,011.32 B -3,82,011.33 C -3,82,011.30 D None of These
What is the Quantity of Happy Tomato Sauce 250gm 1x8x4x2 returned by customers
Q64 during the period 8/4/2013 to 24/5/2013
A 13.00 B 15.00 C 17.00 D None of These
What is the Average Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q65 during the period 23/4/2013 to 7/5/2013
A 4,32,194.31 B 4,32,194.33 C 4,32,194.30 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q66
A 27,15,541.00 B 27,15,545.00 C 27,15,543.00 D None of These

How much Cash is paid to Suppliers during the Period 18/4/2013 to 20/5/2013
Q67
A 3,81,000.00 B 3,79,000.00 C 3,77,000.00 D None of These

What was the Average Cash balance held during the period 18/4/2013 to 27/5/2013
Q68
A 26,60,151.76 B 26,60,151.74 C 26,60,151.78 D None of These

What is the total amount payable to Creditors as on 25/5/2013

Q69
A 331,51,226.18 B 331,51,226.17 C 331,51,226.20 D None of These
What is the total amount of cash withdrawn from banks during the period 9/4/2013 to
Q70 21/5/2013
A 50,50,000.00 B 50,80,000.00 C 50,90,000.00 D None of These
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What was the Average Bank balance held during the period 2/4/2013 to 31/5/2013
Q71
A 1161,89,854.30 B 1161,89,854.32 C 1161,89,854.28 D None of These

What is the total expense incurred as upto 25/4/2013

Q72
A 81,350.00 B 81,310.00 C 81,340.00 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Sold during the period
Q73 29/4/2013 to 16/5/2013
A 29.00 B 26.00 C 28.00 D None of These

What is the total Purchase (Less Returns) as on 31/5/2013

Q74
A 725,06,074.12 B 725,06,074.13 C 725,06,074.10 D None of These

What is the total Rent expense in the month of May

Q75
A 50,000.00 B 60,000.00 C 40,000.00 D None of These

What was the Rate of Stock balance of Television (Onida) 21" 1x1 as on 26/4/2013
Q76
A 8,218.65 B 8,218.63 C 8,218.61 D None of These

What was the Total Bank balance as on 22/5/2013

Q77
A 852,02,372.67 B 852,02,372.66 C 852,02,372.70 D None of These

What is the total Net Cash Sale (Less Returns) as on 21/5/2013

Q78
A 22,18,321.00 B 22,18,322.00 C 22,18,318.00 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q79 business
A 4,08,901.20 B 4,08,901.17 C 4,08,901.16 D None of These
What is the Average Quantity of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q80 period 9/4/2013 to 7/5/2013
A 1,266.00 B 1,265.00 C 1,262.00 D None of These
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What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q81 A/c in May
A 100,75,451.31 B 100,75,451.34 C 100,75,451.32 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q82 the period 3/4/2013 to 19/5/2013
A 24.31 B 24.29 C 24.33 D None of These

What is balance payable to Eicher Machineries Ltd A/cas on 9/5/2013

Q83
A 90,00,000.00 B 70,00,000.00 C 50,00,000.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q84 7/4/2013 to 2/5/2013
A 235,11,696.40 B 235,11,696.38 C 235,11,696.42 D None of These

What was the Stock value of Refrigerator (Kelvinator) 1x1 as on 13/5/2013

Q85
A 88,77,550.30 B 88,77,550.31 C 88,77,550.33 D None of These
What is the highest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q86 15/4/2013 to 30/5/2013
A 469.00 B 465.00 C 467.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 25/5/2013
Q87
A 92,67,000.00 B 92,69,000.00 C 92,68,000.00 D None of These

What is balance receivable from Traford Super Marketas on 30/5/2013

Q88
A 4,53,393.00 B 4,53,396.00 C 4,53,397.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q89 16/4/2013 to 28/5/2013
A 5,98,294.78 B 5,98,294.74 C 5,98,294.76 D None of These

What is the total Expense Paid by cash during the period 13/4/2013 to 5/5/2013
Q90
A 2,94,853.00 B 2,94,855.00 C 2,94,852.00 D None of These
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What is the total Net Credit Purchase (Less Returns) as on 27/5/2013

Q91
A 682,89,545.86 B 682,89,545.85 C 682,89,545.84 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q92 May
A 60,000.00 B 20,000.00 C 50,000.00 D None of These

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

Q93
A 27,000.00 B 26,000.00 C 23,000.00 D None of These

What is the Gross Profit Ratio as on 4/5/2013

Q94
A 0.03 B 0.07 C 0.05 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q95 9/4/2013 to 5/5/2013
A 14,54,227.00 B 14,54,223.00 C 14,54,226.00 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q96 6/4/2013 to 4/5/2013
A 1,60,976.02 B 1,60,976.04 C 1,60,976.01 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q97 TRANSACTIONS
A 4.00 B 2.00 C 6.00 D None of These

What is the total Cash payment made to Penmark Stationery Mall

Q98
A 80,000.00 B 81,000.00 C 79,000.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q99 2/4/2013 to 15/5/2013
A 25,95,985.00 B 25,95,983.00 C 25,95,986.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 5/4/2013
Q100 to 29/5/2013
A 5,63,411.16 B 5,63,411.14 C 5,63,411.12 D None of These