International Institute of Certified Accountants

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What is the total amount payable to Creditors as on 24/5/2013

Q1
A 333,53,945.31 B 333,53,945.32 C 333,53,945.35 D None of These

What was the Average Cash balance held during the period 19/4/2013 to 26/5/2013
Q2
A 26,39,643.40 B 26,39,643.37 C 26,39,643.38 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 4/4/2013 to
Q3 16/5/2013
A 38,52,400.00 B 38,52,700.00 C 38,52,800.00 D None of These

What is the total collection from customers through Bank accounts as on 23/4/2013
Q4
A 10,37,000.00 B 10,35,000.00 C 10,38,000.00 D None of These
What is the total amount of cash withdrawn from banks during the period 7/4/2013 to
Q5 11/5/2013
A 10,80,000.00 B 10,50,000.00 C 10,90,000.00 D None of These

What is the total value of Machinery as on 29/5/2013

Q6
A 73,20,000.00 B 73,60,000.00 C 73,50,000.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q7 18/4/2013 to 10/5/2013
A 232,59,696.42 B 232,59,696.40 C 232,59,696.38 D None of These

what is the minimum cash balance held during the period 2/4/2013 to 30/5/2013
Q8
A 4,99,944.00 B 4,99,942.00 C 4,99,945.00 D None of These
What is the total collection from customers through Bank of London A/c (Churchil
Q9 Way Branch) as on 30/5/2013
A 12,69,862.00 B 12,69,859.00 C 12,69,861.00 D None of These

What is the Gross Profit Ratio as on 2/5/2013

Q10
A 0.06 B 0.07 C 0.04 D None of These
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What is the total amount of sales return of Food Items during the period 5/4/2013 to
Q11 11/5/2013
A 4,293.00 B 4,292.00 C 4,289.00 D None of These

What is the Profit or Loss as on 1/4/2013

Q12
A -19,220.00 B -19,223.00 C -19,219.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 purchased during
Q13 the period 4/4/2013 to 25/5/2013
A 308.34 B 308.37 C 308.35 D None of These

What was the Average Bank balance held during the period 4/4/2013 to 27/5/2013
Q14
A 1179,80,147.67 B 1179,80,147.63 C 1179,80,147.65 D None of These
What is the Amount (Gross) of Television (Philips)32" 1x1 purchased during the period
Q15 17/4/2013 to 19/5/2013
A 51,84,446.61 B 51,84,446.63 C 51,84,446.62 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q16 business
A 4,08,901.17 B 4,08,901.16 C 4,08,901.19 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in April
Q17
A 97,673.00 B 70,152.00 C 62,425.00 D None of These

What is the total Cheques collected from Brinxton Hyper Mall in April
Q18
A 3,43,778.00 B 3,43,776.00 C 3,43,780.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q19 Street Branch) as on 8/5/2013
A 151,51,767.70 B 151,51,767.68 C 151,51,767.66 D None of These
What is the Minimum Quantity of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q20 month of May
A 1,370.00 B 1,380.00 C 1,340.00 D None of These
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What is the total amount Paid to Suppliers through Bank Accounts in May
Q21
A 264,69,415.50 B 264,69,415.47 C 264,69,415.48 D None of These

What is the value of Total Stock as on 21/5/2013

Q22
A 651,05,306.63 B 651,05,306.61 C 651,05,306.60 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Purchased during the
Q23 period 25/4/2013 to 15/5/2013
A 150.00 B 149.00 C 146.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q24 6/4/2013 to 14/5/2013
A 15,54,553.00 B 15,54,551.00 C 15,54,555.00 D None of These

What was the Quantity of Stock of Television (Onida) 21" 1x1 as on 23/5/2013
Q25
A 1,479.00 B 1,476.00 C 1,478.00 D None of These
what was the highest amount of cash balance held during the period 11/4/2013 to
Q26 26/5/2013
A 63,21,719.48 B 63,21,719.50 C 63,21,719.52 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 13/4/2013
Q27 to 30/5/2013
A 81,70,063.77 B 81,70,063.73 C 81,70,063.75 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q28 A/c in April
A 41,74,525.12 B 41,74,525.10 C 41,74,525.14 D None of These
What is the Maximum Quantity of Stock of Television (Philips)32" 1x1 held in the
Q29 month of May
A 1,449.00 B 1,452.00 C 1,451.00 D None of These

What is the total expense of Petrol & Diesel as on 27/4/2013

Q30
A 710.00 B 720.00 C 680.00 D None of These
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What is the total Gross Purchase of Stationery Items as on 4/5/2013

Q31
A 5,00,070.24 B 5,00,070.22 C 5,00,070.26 D None of These
What is the Average Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q32 the period 25/4/2013 to 22/5/2013
A 11,01,132.86 B 11,01,132.89 C 11,01,132.87 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q33 10/4/2013 to 18/5/2013
A 2,498.00 B 2,500.00 C 2,496.00 D None of These

What was the Cash Balance as on 18/5/2013

Q34
A 39,19,166.48 B 39,19,166.52 C 39,19,166.50 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q35
A 27,15,545.00 B 27,15,544.00 C 27,15,541.00 D None of These

What is the total Expense Paid by cash during the period 9/4/2013 to 14/5/2013
Q36
A 2,96,534.00 B 2,96,536.00 C 2,96,532.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q37 May
A 30,000.00 B 40,000.00 C 60,000.00 D None of These

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

Q38
A -3,83,460.02 B -3,83,460.04 C -3,83,460.03 D None of These
What is the Maximum Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 in
Q39 business
A 11,35,420.78 B 11,35,420.76 C 11,35,420.80 D None of These
What is the total amount of Purchase return of Food Items during the period 7/4/2013 to
Q40 17/5/2013
A 3,668.33 B 3,668.37 C 3,668.35 D None of These
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What was the Stock value of Refrigerator (Kelvinator) 1x1 as on 19/5/2013

Q41
A 91,73,886.23 B 91,73,886.24 C 91,73,886.26 D None of These

What is the total amount payable to Creditors other than suppliers as upto 28/4/2013
Q42
A 223,90,000.00 B 223,70,000.00 C 223,80,000.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q43 (Lombard Street Branch) in May
A 5,18,788.00 B 5,18,787.00 C 5,18,785.00 D None of These

What is the total expense incurred as upto 7/5/2013

Q44
A 6,24,825.00 B 6,24,822.00 C 6,24,824.00 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 8/4/2013 to
Q45 21/5/2013
A 74,500.00 B 74,510.00 C 74,480.00 D None of These

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

Q46
A 88,92,760.00 B 88,92,770.00 C 88,92,730.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q47 15/4/2013 to 5/5/2013
A 39,200.00 B 39,500.00 C 39,400.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q48 12/4/2013 to 16/5/2013
A 25,80,538.00 B 25,80,536.00 C 25,80,534.00 D None of These
What is the Gross COST OF SALE of Punching Machine (Kores) 1x4x12sold during
Q49 the period 12/4/2013 to 28/5/2013
A 72,495.49 B 72,495.48 C 72,495.51 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q50
A 8,00,000.00 B 5,00,000.00 C 7,00,000.00 D None of These
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What is the Profit or Loss as on 13/5/2013

Q51
A -3,42,269.86 B -3,42,269.85 C -3,42,269.83 D None of These

What is the total Net Credit Sale (Less Returns) as on 6/5/2013

Q52
A 47,76,703.00 B 47,76,699.00 C 47,76,702.00 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q53 5/4/2013 to 31/5/2013
A 6,64,770.41 B 6,64,770.39 C 6,64,770.37 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q54 Branch) during the period 9/4/2013 to 17/5/2013
A 11,19,618.00 B 11,19,619.00 C 11,19,615.00 D None of These

What is the total Electricity expense in the month of April

Q55
A 4,023.00 B 4,025.00 C 4,021.00 D None of These

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

Q56
A 725,06,074.11 B 725,06,074.09 C 725,06,074.10 D None of These

What is the total payment made to Creditors during the period 14/4/2013 to 19/5/2013
Q57
A 503,65,097.92 B 503,65,097.90 C 503,65,097.94 D None of These

What is the Currrent Ratio as on 15/5/2013

Q58
A 3.04 B 3.08 C 3.07 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q59 Branch) in the month ofMay
A 60,00,000.00 B 80,00,000.00 C 40,00,000.00 D None of These
What is the Average Daily Expense of the company during the period 10/4/2013 to
Q60 13/5/2013
A 19,515.88 B 19,515.90 C 19,515.86 D None of These
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What is the lowest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q61 period 9/4/2013 to 31/5/2013
A 500.00 B 400.00 C 100.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 26/5/2013
Q62
A 206,63,745.96 B 206,63,745.94 C 206,63,745.98 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q63 6/4/2013 to 22/5/2013
A 136.00 B 139.00 C 140.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q64 period 5/4/2013 to 31/5/2013
A 327.00 B 331.00 C 330.00 D None of These

What is balance payable to Sanford Electrics Ltd as on 24/4/2013

Q65
A 17,01,118.61 B 17,01,118.63 C 17,01,118.60 D None of These

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

Q66
A 49,97,311.00 B 49,97,313.00 C 49,97,312.00 D None of These

What is the total amount receivable from Debtors as on 27/4/2013

Q67
A 14,22,660.00 B 14,22,661.00 C 14,22,657.00 D None of These
What is the total value of fixed assets purchased during the period 16/4/2013 to
Q68 17/5/2013
A 76,52,900.00 B 76,52,600.00 C 76,53,000.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q69 TRANSACTIONS
A 5.00 B 2.00 C 4.00 D None of These
How much Cash is received (Gross) from Customers during the period 18/4/2013 to
Q70 28/5/2013
A 8,98,000.00 B 9,00,000.00 C 8,97,000.00 D None of These
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What is balance receivable from Pinchin Johnson & Playfter Ltdas on 21/4/2013
Q71
A 2,79,619.00 B 2,79,618.00 C 2,79,615.00 D None of These

How much Cash is paid to Suppliers during the Period 1/4/2013 to 16/5/2013
Q72
A 4,80,000.00 B 4,79,000.00 C 4,78,000.00 D None of These
What is the total payment received from Debtors during the period 14/4/2013 to
Q73 30/5/2013
A 44,65,141.00 B 44,65,142.00 C 44,65,139.00 D None of These
What is the total payment made to Penmart Stationery Mall during the period 2/4/2013
Q74 to 27/5/2013
A 39,472.00 B 39,475.00 C 39,476.00 D None of These
What is the total amount of cash deposited in banks during the period 6/4/2013 to
Q75 31/5/2013
A 7,00,000.00 B 10,00,000.00 C 9,00,000.00 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 purchased during
Q76 the period 5/4/2013 to 22/5/2013
A 300.00 B 500.00 C 600.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 sold during the period
Q77 15/4/2013 to 17/5/2013
A 25.00 B 26.00 C 23.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 12/5/2013
Q78
A 315,11,696.40 B 315,11,696.42 C 315,11,696.39 D None of These

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

Q79
A 638,44,459.56 B 638,44,459.52 C 638,44,459.54 D None of These
What is the total payment received from Traford Super Market during the period
Q80 10/4/2013 to 20/5/2013
A 3,37,839.00 B 3,37,838.00 C 3,37,836.00 D None of These
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What is the Average Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q81 the period 25/4/2013 to 7/5/2013
A 5,327.00 B 5,330.00 C 5,331.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 20/5/2013

Q82
A 42,16,627.52 B 42,16,627.50 C 42,16,627.48 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 15/4/2013 to
Q83 24/5/2013
A 37,466.00 B 37,467.00 C 37,463.00 D None of These

What is the total amount payable to Suppliers as on 12/5/2013

Q84
A 351,84,094.09 B 351,84,094.07 C 351,84,094.06 D None of These
What is the total quantity (Net) of Television (Onida) 21" 1x1 Sold during the period
Q85 18/4/2013 to 26/5/2013
A 131.00 B 127.00 C 130.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 24/5/2013

Q86
A 22,18,321.00 B 22,18,320.00 C 22,18,318.00 D None of These

What was the Total Bank balance as on 15/4/2013

Q87
A 1361,14,000.00 B 1361,18,000.00 C 1361,17,000.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q88 period 9/4/2013 to 19/5/2013
A 12.00 B 15.00 C 16.00 D None of These

What is the total expense incurred during the period 1/4/2013 to 17/5/2013
Q89
A 6,83,808.00 B 6,83,809.00 C 6,83,805.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q90 Branch) during the period 19/4/2013 to 25/5/2013
A 82,06,457.00 B 82,06,458.00 C 82,06,455.00 D None of These
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What is the Total Amount of cash paid to customers by way of Sales Return
Q91
A 87,787.00 B 87,786.00 C 87,785.00 D None of These

What is balance payable to Eicher Machineries Ltd A/cas on 12/5/2013

Q92
A 70,00,000.00 B 90,00,000.00 C 80,00,000.00 D None of These

What was the Rate of Stock balance of Television (Onida) 21" 1x1 as on 24/4/2013
Q93
A 8,218.62 B 8,218.66 C 8,218.64 D None of These
What is the Total Net Sale of Television (Philips)32" 1x1 during the period 18/4/2013 to
Q94 28/5/2013
A 30,07,189.00 B 30,07,188.00 C 30,07,186.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Lombard Street
Q95 Branch) in the month of May
A 1,70,000.00 B 1,60,000.00 C 1,90,000.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q96 13/4/2013 to 18/5/2013
A 2,99,677.00 B 2,99,674.00 C 2,99,678.00 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q97 18/4/2013 to 23/5/2013
A 532.00 B 530.00 C 528.00 D None of These

What is the Total Net Sale of Electronic Items during the period 11/4/2013 to 19/5/2013
Q98
A 57,58,540.00 B 57,58,539.00 C 57,58,542.00 D None of These
What is the total Credit Purchase (Net) of Food Items during the period 5/4/2013 to
Q99 27/5/2013
A 7,79,590.74 B 7,79,590.72 C 7,79,590.76 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned by customers during the
Q100 period 11/4/2013 to 23/5/2013
A 14.00 B 16.00 C 13.00 D None of These