International Institute of Certified Accountants

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How much Cash is paid to Suppliers during the Period 4/4/2013 to 6/5/2013
Q1
A 3,67,000.00 B 3,71,000.00 C 3,70,000.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q2 (Lombard Street Branch) in April
A 7,82,592.00 B 7,82,596.00 C 7,82,595.00 D None of These

What was the Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 as on 17/4/2013
Q3
A 5,233.00 B 5,232.00 C 5,229.00 D None of These

What is the total Purchase (Less Returns) as on 13/5/2013

Q4
A 676,65,803.01 B 676,65,803.00 C 676,65,802.98 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned by customers during the
Q5 period 12/4/2013 to 29/5/2013
A 15.00 B 14.00 C 12.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q6 12/4/2013 to 27/5/2013
A 35,69,142.00 B 35,69,143.00 C 35,69,139.00 D None of These
What is the Quantity of Gum (Fevicol) 1x10x12 returned to suppliers during the period
Q7 4/4/2013 to 19/5/2013
A 14.00 B 15.00 C 11.00 D None of These

What is balance receivable from Traford Super Marketas on 1/5/2013

Q8
A -36,290.00 B -36,291.00 C -36,294.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 24/5/2013
Q9
A 92,70,000.00 B 92,69,000.00 C 92,66,000.00 D None of These
What is the total payment received from Debtors during the period 20/4/2013 to
Q10 21/5/2013
A 32,26,782.00 B 32,26,781.00 C 32,26,778.00 D None of These
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What was the Rate of Stock balance of Gum (Fevicol) 1x10x12 as on 27/5/2013
Q11
A 2.64 B 2.62 C 2.61 D None of These
What is the lowest Quantity of Punching Machine (Kores) 1x4x12 sold during the
Q12 period 11/4/2013 to 28/5/2013
A 140.00 B 139.00 C 138.00 D None of These

What is the total amount of cheque paid to Brixton Foods Ltd in May
Q13
A 1,89,050.40 B 1,89,050.42 C 1,89,050.38 D None of These

What is the total Sale (Less Returns) as on 17/5/2013

Q14
A 60,88,957.00 B 60,88,953.00 C 60,88,956.00 D None of These

What is the total Salary expense in the month of April

Q15
A 4,88,000.00 B 4,89,000.00 C 4,85,000.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q16 7/4/2013 to 17/5/2013
A 55,37,169.00 B 55,37,167.00 C 55,37,165.00 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q17 A/c as on 1/5/2013
A 6,43,776.00 B 6,43,780.00 C 6,43,778.00 D None of These

What is the total Cheques collected from Lamson Grocery Shop in May
Q18
A 13,70,000.00 B 13,50,000.00 C 13,80,000.00 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in May
Q19
A 50,000.00 B 10,000.00 C 40,000.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 sold during the period
Q20 3/4/2013 to 19/5/2013
A 40.00 B 38.00 C 41.00 D None of These
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What is the highest Rate at which Refrigerator (Kelvinator) 1x1 purchased during the
Q21 period 8/4/2013 to 29/5/2013
A 6,386.13 B 6,386.09 C 6,386.11 D None of These
How much Cash is received (Gross) from Customers during the period 15/4/2013 to
Q22 23/5/2013
A 8,89,000.00 B 8,88,000.00 C 8,86,000.00 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q23
A 87,785.00 B 87,786.00 C 87,783.00 D None of These
What is the Total Net Sale of Refrigerator (Kelvinator) 1x1 during the period 3/4/2013
Q24 to 15/5/2013
A 9,41,472.00 B 9,41,474.00 C 9,41,475.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q25 Branch) in May
A 80,15,863.34 B 80,15,863.36 C 80,15,863.35 D None of These

What is the total expense incurred as upto 6/5/2013

Q26
A 6,24,382.00 B 6,24,385.00 C 6,24,386.00 D None of These

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

Q27
A 36,47,992.30 B 36,47,992.31 C 36,47,992.34 D None of These
What is the highest Rate at which Television (Philips)32" 1x1 sold during the period
Q28 17/4/2013 to 16/5/2013
A 29,900.00 B 29,901.00 C 29,897.00 D None of These

What is the total amount receivable from Debtors as on 28/4/2013

Q29
A 14,22,661.00 B 14,22,659.00 C 14,22,657.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 30/5/2013

Q30
A 42,16,528.25 B 42,16,528.23 C 42,16,528.27 D None of These
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What is the Profit or Loss as on 5/4/2013

Q31
A -19,456.00 B -19,454.00 C -19,453.00 D None of These

What is the total amount payable to Suppliers as on 30/4/2013

Q32
A 399,45,731.32 B 399,45,731.30 C 399,45,731.29 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 27/4/2013
Q33
A 422,50,027.86 B 422,50,027.90 C 422,50,027.88 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 12/4/2013 to
Q34 31/5/2013
A 37,407.00 B 37,403.00 C 37,406.00 D None of These

What is the total value of Computer as on 28/5/2013

Q35
A 33,000.00 B 29,000.00 C 32,000.00 D None of These
What is the total amount of sales return of Stationery Items during the period 8/4/2013
Q36 to 1/5/2013
A 200.00 B 220.00 C 180.00 D None of These

What is the Profit or Loss as on 25/5/2013

Q37
A -1,42,381.77 B -1,42,381.75 C -1,42,381.73 D None of These

What is the Maximum Quantity of Stock of Television (Onida) 21" 1x1 in business
Q38
A 1,481.00 B 1,484.00 C 1,485.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 1/4/2013 to
Q39 16/5/2013
A 45,56,013.00 B 45,56,012.00 C 45,56,009.00 D None of These
What is the total amount of cash deposited in banks during the period 8/4/2013 to
Q40 12/5/2013
A 4,00,000.00 B 6,00,000.00 C 8,00,000.00 D None of These
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What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Purchased during
Q41 the period 15/4/2013 to 24/5/2013
A 1,056.00 B 1,055.00 C 1,052.00 D None of These

what is the minimum cash balance held during the period 2/4/2013 to 8/5/2013
Q42
A 4,99,944.00 B 4,99,945.00 C 4,99,942.00 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q43 Branch) during the period 9/4/2013 to 26/5/2013
A 13,01,380.00 B 13,01,378.00 C 13,01,381.00 D None of These

What is balance payable to Camel Stationery Shop A/cas on 16/5/2013

Q44
A 0.00 B 20,038.00 C 30,053.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 31/5/2013

Q45
A 21,85,066.00 B 21,85,068.00 C 21,85,069.00 D None of These
What is the Average Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q46 the period 10/4/2013 to 27/5/2013
A 5,347.00 B 5,348.00 C 5,350.00 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of May
Q47
A 52,031.00 B 0.00 C 97,619.00 D None of These

What was the Average Cash balance held during the period 2/4/2013 to 21/5/2013
Q48
A 20,58,848.43 B 20,58,848.44 C 20,58,848.46 D None of These

What is the Total Net Sale of Food Items during the period 12/4/2013 to 19/5/2013
Q49
A 8,63,408.00 B 8,63,407.00 C 8,63,409.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 4/4/2013
Q50 to 23/5/2013
A 89,59,964.48 B 89,59,964.50 C 89,59,964.49 D None of These
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What is the total Net Credit Purchase (Less Returns) as on 23/5/2013

Q51
A 684,92,265.03 B 684,92,265.00 C 684,92,265.01 D None of These
What is the Average Daily Expense of the company during the period 11/4/2013 to
Q52 16/5/2013
A 18,427.92 B 18,427.91 C 18,427.94 D None of These

What is the total amount payable to Creditors as on 20/4/2013

Q53
A 695,06,084.40 B 695,06,084.42 C 695,06,084.44 D None of These

What is the total payment made to Creditors during the period 13/4/2013 to 15/5/2013
Q54
A 441,45,560.54 B 441,45,560.52 C 441,45,560.51 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q55 18/4/2013 to 8/5/2013
A 232,59,696.42 B 232,59,696.38 C 232,59,696.40 D None of These

What is balance payable to Lincroft Electronics Ltd as on 10/5/2013

Q56
A 331,54,658.21 B 331,54,658.22 C 331,54,658.23 D None of These

What is the Currrent Ratio as on 11/4/2013

Q57
A 2.50 B 2.46 C 2.47 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q58
A 20,000.00 B 50,000.00 C 60,000.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q59
A 27,15,545.00 B 27,15,544.00 C 27,15,542.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q60 TRANSACTIONS
A 4.00 B 5.00 C 6.00 D None of These
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What is the total amount Paid to Suppliers through Bank Accounts in May
Q61
A 264,69,415.48 B 264,69,415.50 C 264,69,415.46 D None of These

What was the Total Bank balance as on 9/4/2013

Q62
A 1429,00,000.00 B 1430,00,000.00 C 1427,00,000.00 D None of These
What is the total payment made to Penmark Stationery Mall during the period 4/4/2013
Q63 to 25/5/2013
A 3,54,454.10 B 3,54,454.06 C 3,54,454.08 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q64 Street Branch) as on 2/5/2013
A 111,51,767.66 B 111,51,767.67 C 111,51,767.70 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q65 6/4/2013 to 30/5/2013
A 6.00 B 5.00 C 7.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q66 20/4/2013 to 29/5/2013
A 2,97,690.00 B 2,97,650.00 C 2,97,680.00 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q67 the period 4/4/2013 to 18/5/2013
A 433.00 B 436.00 C 434.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 19/5/2013
Q68
A 399,09,387.92 B 399,09,387.94 C 399,09,387.90 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q69 2/4/2013 to 20/5/2013
A 6,15,542.68 B 6,15,542.66 C 6,15,542.70 D None of These

What was the Cash Balance as on 5/4/2013

Q70
A 9,99,769.00 B 9,99,771.00 C 9,99,768.00 D None of These
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What is the total expense incurred during the period 14/4/2013 to 26/5/2013
Q71
A 6,49,680.00 B 6,49,679.00 C 6,49,681.00 D None of These

What is the Debt Ratio as on 25/4/2013

Q72
A 0.44 B 0.42 C 0.45 D None of These
What is the Gross COST OF SALE of Television (Philips)32" 1x1sold during the period
Q73 13/4/2013 to 20/5/2013
A 28,65,900.12 B 28,65,900.16 C 28,65,900.14 D None of These

What is the total Gross sale of Stationery Items as on 24/4/2013

Q74
A 79,167.00 B 79,169.00 C 79,165.00 D None of These

What is the value of Total Stock as on 27/4/2013

Q75
A 596,63,469.16 B 596,63,469.12 C 596,63,469.14 D None of These
what was the highest amount of cash balance held during the period 5/4/2013 to
Q76 30/5/2013
A 63,21,719.52 B 63,21,719.48 C 63,21,719.49 D None of These
What is the Maximum Amount of Stock of Television (Philips)32" 1x1 held in the
Q77 month of May
A 407,23,744.67 B 407,23,744.68 C 407,23,744.66 D None of These

What is the total expense of Food & Refreshment as on 6/5/2013

Q78
A 590.00 B 580.00 C 550.00 D None of These
What is the Average Amount of Stock of Television (Philips)32" 1x1 held during the
Q79 period 5/4/2013 to 21/5/2013
A 376,24,621.68 B 376,24,621.70 C 376,24,621.66 D None of These

What is the Profit or Loss as on 1/5/2013

Q80
A -3,81,964.30 B -3,81,964.32 C -3,81,964.34 D None of These
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What is the Minimum Amount of Stock of Television (Onida) 21" 1x1 held in the month
Q81 of May
A 108,84,059.09 B 108,84,059.10 C 108,84,059.11 D None of These
What is the Minimum Quantity of Stock of Gum (Fevicol) 1x10x12 held in the month of
Q82 May
A 14,309.00 B 14,311.00 C 14,307.00 D None of These

What is the total Expense Paid by cash during the period 8/4/2013 to 6/5/2013
Q83
A 2,95,528.00 B 2,95,531.00 C 2,95,532.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q84 7/4/2013 to 18/5/2013
A 16.00 B 17.00 C 14.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 30/5/2013

Q85
A 67,07,667.00 B 67,07,666.00 C 67,07,668.00 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q86 period 20/4/2013 to 24/5/2013
A 2,90,032.48 B 2,90,032.47 C 2,90,032.46 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q87 ofMay
A 7,694.00 B 79,870.00 C 0.00 D None of These
What is the total payment received from Traford Super Market during the period
Q88 5/4/2013 to 19/5/2013
A 3,37,838.00 B 3,37,836.00 C 3,37,840.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 5/4/2013
Q89 to 21/5/2013
A 5,14,084.18 B 5,14,084.20 C 5,14,084.16 D None of These

What was the Stock value of Nido Milk Powder 500gm 1x4x2x6 as on 2/5/2013
Q90
A 15,22,375.76 B 15,22,375.74 C 15,22,375.75 D None of These
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What is the total collection from customers through Bank accounts as on 4/5/2013
Q91
A 22,95,987.00 B 22,95,986.00 C 22,95,983.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q92 20/4/2013 to 26/5/2013
A 5,98,294.78 B 5,98,294.76 C 5,98,294.74 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 5/4/2013 to
Q93 13/5/2013
A 2,62,769.00 B 2,62,772.00 C 2,62,773.00 D None of These
What is the total value of fixed assets purchased during the period 20/4/2013 to
Q94 20/5/2013
A 76,53,000.00 B 76,52,600.00 C 76,52,800.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q95 Branch) during the period 6/4/2013 to 16/5/2013
A 123,74,457.00 B 123,74,458.00 C 123,74,456.00 D None of These

What was the Average Bank balance held during the period 11/4/2013 to 6/5/2013
Q96
A 1287,29,653.72 B 1287,29,653.71 C 1287,29,653.73 D None of These
What is the total amount of cash withdrawn from banks during the period 16/4/2013 to
Q97 7/5/2013
A 5,00,000.00 B 3,00,000.00 C 1,00,000.00 D None of These
What is the total net sales (Less Returns) of Food Items during the period 3/4/2013 to
Q98 4/5/2013
A 5,98,905.00 B 5,98,907.00 C 5,98,903.00 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Sold during the period
Q99 30/4/2013 to 30/5/2013
A 90.00 B 89.00 C 87.00 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q100 20/4/2013 to 29/5/2013
A 2.23 B 2.25 C 2.27 D None of These