International Institute of Certified Accountants

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What is the Quantity of Stapler Pin (Camel) 1x8x6 returned by customers during the
Q1 period 11/4/2013 to 27/5/2013
A 11.00 B 8.00 C 12.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q2 A/c as on 27/5/2013
A 121,96,184.26 B 121,96,184.24 C 121,96,184.22 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q3 period 7/4/2013 to 26/5/2013
A 225.00 B 224.00 C 222.00 D None of These

What is the total value of Land as on 4/5/2013

Q4
A 150,00,000.00 B 120,00,000.00 C 160,00,000.00 D None of These
What is the Maximum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held in
Q5 the month of May
A 5,566.00 B 5,567.00 C 5,563.00 D None of These
What is the total payment received from Traford Super Market during the period
Q6 3/4/2013 to 18/5/2013
A 3,37,839.00 B 3,37,836.00 C 3,37,838.00 D None of These

What is balance payable to Penmart Stationery Mall as on 4/5/2013

Q7
A 42,119.41 B 42,119.42 C 42,119.44 D None of These
What is the total amount of cash deposited in banks during the period 15/4/2013 to
Q8 27/5/2013
A 6,70,000.00 B 6,50,000.00 C 6,80,000.00 D None of These
what was the highest amount of cash balance held during the period 10/4/2013 to
Q9 25/5/2013
A 63,21,719.52 B 63,21,719.49 C 63,21,719.50 D None of These

What is the Profit or Loss as on 11/5/2013

Q10
A -3,88,890.61 B -3,88,890.62 C -3,88,890.60 D None of These
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What is the total Credit sale (Net) of Food Items during the period 6/4/2013 to 1/5/2013
Q11
A 3,93,706.00 B 3,93,708.00 C 3,93,709.00 D None of These

What is the total expense incurred during the period 7/4/2013 to 29/5/2013
Q12
A 6,75,249.00 B 6,75,247.00 C 6,75,251.00 D None of These

What was the Stock value of Nido Milk Powder 500gm 1x4x2x6 as on 5/5/2013
Q13
A 15,22,679.38 B 15,22,679.39 C 15,22,679.40 D None of These

What is the total expense incurred as upto 26/5/2013

Q14
A 6,94,470.00 B 6,94,440.00 C 6,94,460.00 D None of These
What is the total amount of sales return of Stationery Items during the period 7/4/2013
Q15 to 7/5/2013
A 192.00 B 196.00 C 194.00 D None of These

What is balance receivable from Traford Super Marketas on 14/5/2013

Q16
A 1,74,966.00 B 1,74,964.00 C 1,74,962.00 D None of These

What was the Cash Balance as on 2/4/2013

Q17
A 4,99,992.00 B 4,99,996.00 C 4,99,995.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q18 20/4/2013 to 6/5/2013
A 102.59 B 102.57 C 102.55 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 8/5/2013
Q19
A 315,11,696.42 B 315,11,696.40 C 315,11,696.39 D None of These

What is the total amount of cheque paid to Penmark Stationery Mall in May
Q20
A 35,454.08 B 35,454.06 C 35,454.10 D None of These
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What Amount of Cash was utilised for payment of Expenses during the period
Q21 10/4/2013 to 24/5/2013
A 3,01,239.00 B 3,01,240.00 C 3,01,236.00 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q22
A 87,785.00 B 87,787.00 C 87,786.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q23 5/4/2013 to 7/5/2013
A 23,95,983.00 B 23,95,986.00 C 23,95,985.00 D None of These
How much Cash is received (Gross) from Customers during the period 19/4/2013 to
Q24 30/5/2013
A 7,96,000.00 B 7,99,000.00 C 8,00,000.00 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 6/4/2013
Q25
A 530,00,000.00 B 490,00,000.00 C 520,00,000.00 D None of These

What is the total amount payable to Suppliers as on 7/5/2013

Q26
A 377,14,841.43 B 377,14,841.46 C 377,14,841.42 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Purchased during the
Q27 period 17/4/2013 to 31/5/2013
A 179.00 B 178.00 C 177.00 D None of These

What is the Quick Ratio as on 3/5/2013

Q28
A 1.82 B 1.84 C 1.80 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q29
A 235,11,696.40 B 235,11,696.38 C 235,11,696.42 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q30 during the period 9/4/2013 to 6/5/2013
A 7,43,780.00 B 7,43,779.00 C 7,43,776.00 D None of These
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What number of ERRORS are found in JOURNAL ENTRIES posted from
Q31 TRANSACTIONS
A 6.00 B 5.00 C 2.00 D None of These
What is the Average Amount of Stock of Television (Onida) 21" 1x1 held during the
Q32 period 4/4/2013 to 5/5/2013
A 106,91,222.67 B 106,91,222.64 C 106,91,222.65 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil Way
Q33 Branch) in the month ofMay
A 1,00,000.00 B 4,00,000.00 C 3,00,000.00 D None of These

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

Q34
A 725,06,074.11 B 725,06,074.13 C 725,06,074.09 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in April
Q35
A 3,00,000.00 B 7,00,000.00 C 6,00,000.00 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q36 the period 17/4/2013 to 22/5/2013
A 1,824.00 B 1,827.00 C 1,828.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q37 Street Branch) as on 25/5/2013
A 10,01,377.00 B 10,01,381.00 C 10,01,380.00 D None of These
What is the Total Net Sale of Happy Tomato Sauce 250gm 1x8x4x2 during the period
Q38 15/4/2013 to 19/5/2013
A 1,32,291.00 B 1,32,289.00 C 1,32,287.00 D None of These

What is the total Cheques collected from Traford Super Market in April
Q39
A 1,87,596.00 B 1,87,594.00 C 1,87,592.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 5/4/2013
Q40 to 14/5/2013
A 68,76,503.52 B 68,76,503.49 C 68,76,503.50 D None of These
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What is the value of Total Stock as on 6/4/2013

Q41
A 558,81,469.27 B 558,81,469.28 C 558,81,469.30 D None of These

What is the total payment made to Creditors during the period 3/4/2013 to 23/5/2013
Q42
A 706,17,029.69 B 706,17,029.67 C 706,17,029.70 D None of These
What is the Average Daily Expense of the company during the period 14/4/2013 to
Q43 7/5/2013
A 24,169.15 B 24,169.12 C 24,169.13 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q44 8/4/2013 to 20/5/2013
A 56,90,789.00 B 56,90,788.00 C 56,90,787.00 D None of These

What is the total amount payable to Creditors as on 27/5/2013

Q45
A 331,41,226.17 B 331,41,226.16 C 331,41,226.20 D None of These
What is the total value of fixed assets purchased during the period 19/4/2013 to
Q46 17/5/2013
A 76,53,000.00 B 76,52,600.00 C 76,52,900.00 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q47 period 11/4/2013 to 19/5/2013
A 38.00 B 34.00 C 36.00 D None of These

What is the Profit or Loss as on 7/5/2013

Q48
A -3,22,879.44 B -3,22,879.43 C -3,22,879.42 D None of These
What is the total Cash Purchase (Net) of Stationery Items during the period 2/4/2013 to
Q49 14/5/2013
A 1,01,458.48 B 1,01,458.50 C 1,01,458.52 D None of These

What was the Average Bank balance held during the period 5/4/2013 to 6/5/2013
Q50
A 1320,08,968.68 B 1320,08,968.64 C 1320,08,968.66 D None of These
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What is the total Net Credit Purchase (Less Returns) as on 11/5/2013

Q51
A 670,62,790.47 B 670,62,790.45 C 670,62,790.49 D None of These
What is the total Credit Purchase (Net) of Food Items during the period 4/4/2013 to
Q52 27/5/2013
A 7,79,590.74 B 7,79,590.76 C 7,79,590.72 D None of These
What is the Minimum Quantity of Stock of Television (Philips)32" 1x1 held in the
Q53 month of April
A 1,256.00 B 1,255.00 C 1,252.00 D None of These

What was the Total Bank balance as on 9/5/2013

Q54
A 1073,73,492.62 B 1073,73,492.58 C 1073,73,492.59 D None of These

What is the Profit or Loss as on 3/4/2013

Q55
A -19,277.00 B -19,281.00 C -19,278.00 D None of These

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

Q56
A 89,25,986.00 B 89,25,985.00 C 89,25,983.00 D None of These
What is the highest Rate at which Television (Onida) 21" 1x1 purchased during the
Q57 period 5/4/2013 to 25/5/2013
A 8,419.09 B 8,419.10 C 8,419.12 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 6/4/2013
Q58 to 10/5/2013
A 6,15,357.23 B 6,15,357.26 C 6,15,357.27 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Sold during the
Q59 period 21/4/2013 to 19/5/2013
A 1,686.00 B 1,683.00 C 1,687.00 D None of These
What is the Amount (Gross) of Refrigerator (Kelvinator) 1x1 purchased during the
Q60 period 16/4/2013 to 24/5/2013
A 21,81,150.93 B 21,81,150.90 C 21,81,150.91 D None of These
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What is balance payable to RK Motors Ltd A/cas on 16/5/2013

Q61
A 3,50,000.00 B 3,80,000.00 C 3,90,000.00 D None of These

what is the minimum cash balance held during the period 10/4/2013 to 13/5/2013
Q62
A 10,93,020.00 B 10,93,050.00 C 10,93,060.00 D None of These

What is the total amount receivable from Debtors as on 2/5/2013

Q63
A 10,71,895.00 B 10,71,896.00 C 10,71,893.00 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 18/4/2013 to
Q64 29/5/2013
A 37,405.00 B 37,406.00 C 37,407.00 D None of These

How much Cash is paid to Suppliers during the Period 6/4/2013 to 20/5/2013
Q65
A 4,80,000.00 B 4,77,000.00 C 4,79,000.00 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q66 the period 10/4/2013 to 26/5/2013
A 128.00 B 131.00 C 132.00 D None of These

What is the Gross Profit Ratio as on 20/5/2013

Q67
A 0.08 B 0.04 C 0.06 D None of These

What is the total expense of Travelling Exp as on 18/5/2013

Q68
A 86,800.00 B 86,700.00 C 86,400.00 D None of These
What is the total amount of cash withdrawn from banks during the period 20/4/2013 to
Q69 5/5/2013
A 1,00,000.00 B 3,00,000.00 C 5,00,000.00 D None of These

What was the Quantity of Stock of Television (Philips)32" 1x1 as on 30/5/2013

Q70
A 1,399.00 B 1,398.00 C 1,396.00 D None of These
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What is the total collection from customers through Bank accounts as on 22/5/2013
Q71
A 34,45,140.00 B 34,45,110.00 C 34,45,150.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q72
A 4,00,000.00 B 6,00,000.00 C 8,00,000.00 D None of These
What is the lowest Quantity of Television (Philips)32" 1x1 sold during the period
Q73 3/4/2013 to 28/5/2013
A 9.00 B 8.00 C 6.00 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q74 16/4/2013 to 15/5/2013
A 787.00 B 785.00 C 788.00 D None of These

What is the Total Net Sale of Electronic Items during the period 11/4/2013 to 27/5/2013
Q75
A 65,19,140.00 B 65,19,136.00 C 65,19,139.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q76
A 27,15,541.00 B 27,15,544.00 C 27,15,543.00 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q77 A/c in May
A 100,75,451.30 B 100,75,451.32 C 100,75,451.31 D None of These
What was the Rate of Stock balance of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q78 6/5/2013
A 83.27 B 83.25 C 83.23 D None of These
What is the Maximum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q79 in the month of April
A 4,64,674.60 B 4,64,674.62 C 4,64,674.58 D None of These
What is the Average Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q80 the period 5/4/2013 to 29/5/2013
A 5,333.00 B 5,337.00 C 5,336.00 D None of These
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What is the total amount payable to Creditors other than suppliers as upto 26/5/2013
Q81
A 92,66,000.00 B 92,68,000.00 C 92,70,000.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q82 Branch) in the month of May
A 50,000.00 B 70,000.00 C 90,000.00 D None of These

What is the total Gross sale of Food Items as on 6/5/2013

Q83
A 7,59,611.00 B 7,59,608.00 C 7,59,612.00 D None of These

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

Q84
A 8,64,954.00 B 8,64,956.00 C 8,64,955.00 D None of These
What is the total payment received from Debtors during the period 10/4/2013 to
Q85 19/5/2013
A 39,61,781.00 B 39,61,778.00 C 39,61,782.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q86 (Lombard Street Branch) in May
A 5,18,788.00 B 5,18,789.00 C 5,18,785.00 D None of These
What is the total net sales (Less Returns) of Electronic Items during the period 7/4/2013
Q87 to 8/5/2013
A 35,53,630.00 B 35,53,631.00 C 35,53,628.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 2/5/2013

Q88
A 3,05,905.00 B 3,05,909.00 C 3,05,907.00 D None of These
What is the total payment made to Lincroft Electronics Ltd during the period
Q89 10/4/2013 to 20/5/2013
A 324,00,000.00 B 328,00,000.00 C 327,00,000.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q90 11/4/2013 to 2/5/2013
A 194,27,696.39 B 194,27,696.38 C 194,27,696.40 D None of These
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What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q91 in the month of April
A 4,20,717.61 B 4,20,717.58 C 4,20,717.59 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q92 Branch) during the period 11/4/2013 to 30/5/2013
A 150,83,631.03 B 150,83,631.05 C 150,83,631.02 D None of These

What was the Average Cash balance held during the period 15/4/2013 to 17/5/2013
Q93
A 22,34,465.79 B 22,34,465.77 C 22,34,465.78 D None of These

What is the total Expense Paid by cash during the period 8/4/2013 to 30/5/2013
Q94
A 3,01,849.00 B 3,01,852.00 C 3,01,853.00 D None of These

What is the total Gross Purchase of Electronic Items as on 27/5/2013

Q95
A 685,02,267.84 B 685,02,267.82 C 685,02,267.83 D None of These
What is the Gross COST OF SALE of Television (Philips)32" 1x1sold during the period
Q96 7/4/2013 to 24/5/2013
A 44,66,130.55 B 44,66,130.54 C 44,66,130.52 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned to suppliers during
Q97 the period 5/4/2013 to 27/5/2013
A 40.00 B 30.00 C 10.00 D None of These

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

Q98
A 52,44,097.00 B 52,44,100.00 C 52,44,098.00 D None of These

What is the total Rent expense in the month of April

Q99
A 28,000.00 B 27,000.00 C 29,000.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q100 the period 10/4/2013 to 21/5/2013
A 21.52 B 21.50 C 21.49 D None of These