International Institute of Certified Accountants

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What was the Rate of Stock balance of Television (Philips)32" 1x1 as on 6/5/2013
Q1
A 28,097.63 B 28,097.61 C 28,097.62 D None of These
What is the Maximum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q2 in the month of May
A 5,413.00 B 5,409.00 C 5,411.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q3 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 total payment made to Brixton Foods Ltd during the period 1/4/2013 to
Q4 18/5/2013
A 1,74,525.11 B 1,74,525.14 C 1,74,525.12 D None of These

what is the minimum cash balance held during the period 20/4/2013 to 9/5/2013
Q5
A 18,33,608.00 B 18,33,606.00 C 18,33,604.00 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Purchased during
Q6 the period 18/4/2013 to 31/5/2013
A 1,056.00 B 1,052.00 C 1,055.00 D None of These

What is the Profit or Loss as on 16/4/2013

Q7
A 1,05,458.18 B 1,05,458.15 C 1,05,458.16 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 3/4/2013
Q8 to 29/5/2013
A 638,59,193.26 B 638,59,193.25 C 638,59,193.24 D None of These
What is the lowest Quantity of Gum (Fevicol) 1x10x12 sold during the period 5/4/2013
Q9 to 25/5/2013
A 50.00 B 47.00 C 51.00 D None of These
What is the lowest Rate at which Television (Philips)32" 1x1 sold during the period
Q10 1/4/2013 to 21/5/2013
A 29,133.00 B 29,132.00 C 29,129.00 D None of These
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What is the Profit or Loss as on 2/5/2013

Q11
A -3,81,986.33 B -3,81,986.30 C -3,81,986.32 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 5/4/2013
Q12 to 25/5/2013
A 1,50,873.00 B 1,50,871.00 C 1,50,872.00 D None of These

What is the Debt-Equity Ratio as on 30/5/2013

Q13
A 0.19 B 0.23 C 0.21 D None of These

What is the total Expense Paid by cash during the period 13/4/2013 to 6/5/2013
Q14
A 2,94,855.00 B 2,94,854.00 C 2,94,851.00 D None of These
What is the Average Daily Expense of the company during the period 7/4/2013 to
Q15 18/5/2013
A 15,898.78 B 15,898.81 C 15,898.79 D None of These

What is the Quick Ratio as on 8/5/2013

Q16
A 1.88 B 1.89 C 1.87 D None of These

What was the Average Cash balance held during the period 11/4/2013 to 20/5/2013
Q17
A 22,64,448.19 B 22,64,448.18 C 22,64,448.21 D None of These
How much Cash is received (Gross) from Customers during the period 19/4/2013 to
Q18 17/5/2013
A 5,88,000.00 B 5,90,000.00 C 5,86,000.00 D None of These
What is the Minimum Amount of Stock of Punching Machine (Kores) 1x4x12 held in
Q19 the month of May
A 3,35,431.08 B 3,35,431.12 C 3,35,431.10 D None of These

What is the total Net Credit Sale (Less Returns) as on 25/4/2013

Q20
A 39,14,160.00 B 39,14,180.00 C 39,14,150.00 D None of These
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What is the total amount payable to Creditors other than suppliers as upto 4/5/2013
Q21
A 293,72,487.00 B 293,72,489.00 C 293,72,491.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q22
A 235,11,696.40 B 235,11,696.38 C 235,11,696.42 D None of These
what was the highest amount of cash balance held during the period 1/4/2013 to
Q23 21/5/2013
A 1800,00,000.00 B 1700,00,000.00 C 1500,00,000.00 D None of These

What is the total expense of Printing & Stationery as on 14/5/2013

Q24
A 47,382.00 B 47,379.00 C 47,381.00 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned by customers during the
Q25 period 3/4/2013 to 20/5/2013
A 14.00 B 15.00 C 11.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q26 Street Branch) as on 27/5/2013
A 191,67,631.06 B 191,67,631.04 C 191,67,631.02 D None of These

How much Cash is paid to Suppliers during the Period 10/4/2013 to 31/5/2013
Q27
A 5,00,000.00 B 5,01,000.00 C 4,97,000.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q28 18/4/2013 to 31/5/2013
A 57,90,743.00 B 57,90,739.00 C 57,90,742.00 D None of These

What was the Cash Balance as on 8/4/2013

Q29
A 9,99,130.00 B 9,99,129.00 C 9,99,127.00 D None of These

What is the total payment made to Creditors during the period 2/4/2013 to 15/5/2013
Q30
A 502,29,560.54 B 502,29,560.51 C 502,29,560.53 D None of These
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What is the total amount payable to Creditors as on 25/4/2013

Q31
A 675,32,649.02 B 675,32,649.00 C 675,32,649.04 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 6/4/2013
Q32 to 8/5/2013
A 2,96,837.00 B 2,96,833.00 C 2,96,835.00 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 sold during the
Q33 period 14/4/2013 to 24/5/2013
A 600.00 B 700.00 C 500.00 D None of These

What is the total Cash payment made to Penmark Stationery Mall

Q34
A 78,000.00 B 80,000.00 C 81,000.00 D None of These

What is the total Gross Purchase of Stationery Items as on 14/5/2013

Q35
A 5,68,764.24 B 5,68,764.23 C 5,68,764.26 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 4/4/2013 to
Q36 20/4/2013
A 99,248.00 B 0.00 C 23,761.00 D None of These
What is the total value of fixed assets purchased during the period 15/4/2013 to
Q37 21/5/2013
A 76,52,600.00 B 76,52,900.00 C 76,53,000.00 D None of These

What is the total Gross sale of Stationery Items as on 8/5/2013

Q38
A 84,708.00 B 84,704.00 C 84,707.00 D None of These
What is the Minimum Quantity of Stock of Stapler Pin (Camel) 1x8x6 held in the month
Q39 of May
A 15,337.00 B 15,340.00 C 15,339.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 1/5/2013

Q40
A 3,07,000.00 B 3,06,960.00 C 3,06,980.00 D None of These
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What is the total amount of cash withdrawn from banks during the period 20/4/2013 to
Q41 27/5/2013
A 41,70,000.00 B 41,80,000.00 C 41,50,000.00 D None of These
What is the Maximum Amount of Stock of Television (Philips)32" 1x1 held in the
Q42 month of May
A 407,23,744.70 B 407,23,744.67 C 407,23,744.69 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q43
A 20,95,986.00 B 20,95,985.00 C 20,95,983.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 16/4/2013 to
Q44 18/5/2013
A 19,43,962.00 B 19,43,964.00 C 19,43,966.00 D None of These

What is the total Sale (Less Returns) as on 3/5/2013

Q45
A 44,64,890.00 B 44,64,900.00 C 44,64,880.00 D None of These
What is the total collection from customers through Bank of London A/c (Churchil
Q46 Way Branch) as on 24/4/2013
A 3,90,000.00 B 4,30,000.00 C 4,20,000.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 27/4/2013
Q47
A 405,10,824.34 B 405,10,824.30 C 405,10,824.33 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in May
Q48
A 270,00,000.00 B 240,00,000.00 C 260,00,000.00 D None of These

What is the total amount receivable from Debtors as on 24/4/2013

Q49
A 19,91,972.00 B 19,91,971.00 C 19,91,970.00 D None of These

What is balance payable to Vibgyor Multi Color Printers A/cas on 23/5/2013

Q50
A 6,000.00 B 8,000.00 C 9,000.00 D None of These
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What was the Average Bank balance held during the period 1/4/2013 to 16/5/2013
Q51
A 1279,13,817.50 B 1279,13,817.46 C 1279,13,817.48 D None of These

What is the total Electricity expense in the month of April

Q52
A 4,024.00 B 4,025.00 C 4,021.00 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Sold during
Q53 the period 17/4/2013 to 19/5/2013
A 1,330.00 B 1,290.00 C 1,320.00 D None of These
What is the total payment received from Debtors during the period 4/4/2013 to
Q54 27/5/2013
A 48,10,143.00 B 48,10,142.00 C 48,10,139.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 19/5/2013

Q55
A 675,38,362.53 B 675,38,362.54 C 675,38,362.55 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 16/4/2013
Q56 to 28/5/2013
A 75,70,063.77 B 75,70,063.75 C 75,70,063.73 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned to suppliers during
Q57 the period 5/4/2013 to 20/5/2013
A 10.00 B 6.00 C 9.00 D None of These
What is the total amount of Purchase return of Food Items during the period 8/4/2013 to
Q58 27/5/2013
A 5,228.42 B 5,228.44 C 5,228.40 D None of These
What is the Average Amount of Stock of Television (Philips)32" 1x1 held during the
Q59 period 1/4/2013 to 23/5/2013
A 362,12,707.48 B 362,12,707.49 C 362,12,707.50 D None of These

What is the Profit or Loss as on 12/5/2013

Q60
A -3,42,194.87 B -3,42,194.86 C -3,42,194.85 D None of These
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What is the total amount of sales return of Electronic Items during the period 2/4/2013
Q61 to 20/5/2013
A 5,13,688.00 B 5,13,686.00 C 5,13,687.00 D None of These

What is balance receivable from Lamson Grocery Shopas on 7/5/2013

Q62
A 14,52,461.00 B 14,52,463.00 C 14,52,459.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q63 Branch) in the month of May
A 90,000.00 B 70,000.00 C 60,000.00 D None of These

What is the total value of Computer as on 11/5/2013

Q64
A 26,000.00 B 23,000.00 C 25,000.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 6/4/2013
Q65 to 5/5/2013
A 5,56,973.25 B 5,56,973.23 C 5,56,973.27 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q66 the period 2/4/2013 to 21/5/2013
A 432.00 B 436.00 C 435.00 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q67 1/4/2013 to 29/5/2013
A 81,383.00 B 17,443.00 C 16,133.00 D None of These

What is the total expense incurred as upto 22/5/2013

Q68
A 6,93,886.00 B 6,93,888.00 C 6,93,887.00 D None of These
What is the Gross COST OF SALE of Television (Philips)32" 1x1sold during the period
Q69 11/4/2013 to 18/5/2013
A 40,44,549.08 B 40,44,549.10 C 40,44,549.06 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 15/4/2013 to
Q70 11/5/2013
A 12,29,965.00 B 12,29,961.00 C 12,29,963.00 D None of These
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What is the amount paid to Suppliers through Bank Accounts during the period
Q71 13/4/2013 to 15/5/2013
A 316,36,337.50 B 316,36,337.51 C 316,36,337.52 D None of These
What is the collection from customers through Bank Accounts during the period
Q72 1/4/2013 to 22/5/2013
A 34,45,140.00 B 34,45,150.00 C 34,45,110.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q73 TRANSACTIONS
A 5.00 B 2.00 C 6.00 D None of These

What was the Total Bank balance as on 29/4/2013

Q74
A 1234,81,063.58 B 1234,81,063.59 C 1234,81,063.62 D None of These
What is the Total Net Sale of Happy Tomato Sauce 250gm 1x8x4x2 during the period
Q75 19/4/2013 to 25/5/2013
A 1,37,199.00 B 1,37,200.00 C 1,37,201.00 D None of These
What is the Average Quantity of Stock of Television (Onida) 21" 1x1 held during the
Q76 period 23/4/2013 to 19/5/2013
A 1,390.00 B 1,400.00 C 1,370.00 D None of These

What was the Stock value of Television (Onida) 21" 1x1 as on 17/5/2013
Q77
A 121,80,651.37 B 121,80,651.36 C 121,80,651.35 D None of These

What is the total Cheques collected from Pinchin Johnson & Playfter Ltd in April
Q78
A 2,79,619.00 B 2,79,618.00 C 2,79,615.00 D None of These

What was the Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 as on 2/5/2013
Q79
A 5,013.00 B 5,012.00 C 5,009.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 23/5/2013

Q80
A 22,18,321.00 B 22,18,319.00 C 22,18,322.00 D None of These
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What is the highest Rate at which Television (Philips)32" 1x1 purchased during the
Q81 period 3/4/2013 to 26/5/2013
A 28,929.11 B 28,929.09 C 28,929.10 D None of These
What is the total amount of cash deposited in banks during the period 4/4/2013 to
Q82 6/5/2013
A 6,00,000.00 B 4,00,000.00 C 8,00,000.00 D None of These

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

Q83
A 676,65,741.51 B 676,65,741.48 C 676,65,741.50 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q84
A 1,215.75 B 1,215.73 C 1,215.77 D None of These

What is the total expense incurred during the period 12/4/2013 to 24/5/2013
Q85
A 6,74,096.00 B 6,74,095.00 C 6,74,098.00 D None of These

What is the total amount payable to Suppliers as on 24/4/2013

Q86
A 441,63,426.04 B 441,63,426.02 C 441,63,426.01 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q87 period 15/4/2013 to 27/5/2013
A 3,57,800.30 B 3,57,800.34 C 3,57,800.32 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q88 during the period 5/4/2013 to 31/5/2013
A 142,49,976.46 B 142,49,976.43 C 142,49,976.44 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in May
Q89
A 40,000.00 B 50,000.00 C 10,000.00 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q90 A/c in May
A 100,75,451.32 B 100,75,451.31 C 100,75,451.30 D None of These
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What is balance payable to Penmart Stationery Mall as on 6/5/2013

Q91
A 42,119.45 B 42,119.43 C 42,119.41 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 29/5/2013
Q92
A 479,27,319.66 B 479,27,319.68 C 479,27,319.67 D None of These

What is the total collection from customers through Bank accounts as on 25/5/2013
Q93
A 36,14,142.00 B 36,14,139.00 C 36,14,141.00 D None of These

What is the Total Net Sale of Electronic Items during the period 3/4/2013 to 20/5/2013
Q94
A 68,27,930.00 B 68,27,960.00 C 68,27,950.00 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 purchased during
Q95 the period 13/4/2013 to 24/5/2013
A 200.00 B 600.00 C 400.00 D None of These
What is the highest Rate at which Stapler Pin (Camel) 1x8x6 sold during the period
Q96 14/4/2013 to 21/5/2013
A 11.00 B 13.00 C 9.00 D None of These

What is the value of Total Stock as on 10/4/2013

Q97
A 592,43,239.00 B 592,43,238.98 C 592,43,239.02 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q98 14/4/2013 to 25/5/2013
A 18.00 B 14.00 C 16.00 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q99 Branch) during the period 5/4/2013 to 12/5/2013
A 9,82,594.00 B 9,82,593.00 C 9,82,596.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q100 (Churchil Way Branch) in May
A 8,00,247.00 B 8,00,244.00 C 8,00,248.00 D None of These