International Institute of Certified Accountants

Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the Quantity of Stapler Pin (Camel) 1x8x6 returned by customers during the
Q1 period 3/4/2019 to 10/5/2019
A 5.00 B 8.00 C 7.00 D None of These
What is the total value of fixed assets purchased during the period 18/4/2019 to
Q2 15/5/2019
A 76,52,300.00 B 76,52,600.00 C 76,52,900.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 28/4/2019

Q3
A 42,16,528.25 B 42,16,528.15 C 42,16,528.35 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Purchased
Q4 during the period 25/4/2019 to 26/5/2019
A 6,142.00 B 6,137.00 C 6,136.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil
Q5 Way Branch) in the month of May
A 1,39,288.56 B 1,00,000.00 C 1,30,567.32 D None of These
What is the Amount (Gross) of Television (Onida) 21" 1x1 purchased during the
Q6 period 12/4/2019 to 17/5/2019
A 23,87,352.76 B 23,87,352.46 C 23,87,352.86 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q7 7/4/2019 to 30/5/2019
A 330.03 B 330.43 C 330.33 D None of These

What is the Debt Ratio as on 12/5/2019

Q8
A 0.56 B 0.66 C 0.43 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 sold during the period
Q9 13/4/2019 to 27/5/2019
A 48.20 B 45.00 C 52.85 D None of These
What is the Gross COST OF SALE of Lipton Brue Coffee 250gm 1x2x8 during the
Q10 period 3/4/2019 to 17/5/2019
A 3,14,201.16 B 3,14,201.46 C 3,14,201.06 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the total net Purchases (Less Returns) of Electronic Items during the period
Q11 12/4/2019 to 23/5/2019
A 109,25,706.96 B 109,25,706.66 C 109,25,707.16 D None of These

How much Cash is paid to Suppliers during the period 6/4/2019 to 12/5/2019
Q12
A 4,43,562.48 B 4,14,562.71 C 3,90,000.00 D None of These
What is the total quantity (Net) of Television (Onida) 21" 1x1 Sold during the period
Q13 19/4/2019 to 30/5/2019
A 102.00 B 103.00 C 106.00 D None of These

What is the Profit or Loss as on 12/4/2019

Q14
A 1,09,169.47 B 1,09,169.17 C 1,09,169.57 D None of These

What is the total Electricity expense in the month of April

Q15
A 4,018.00 B 4,021.00 C 4,019.00 D None of These
What was the Rate of Stock balance of Nido Milk Powder 500gm 1x4x2x6 as on
Q16 31/5/2019
A 304.41 B 304.01 C 303.81 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period
Q17 1/4/2019 to 21/5/2019
A 640,61,912.11 B 640,61,912.21 C 640,61,912.51 D None of These
What is the total amount collected from customers through Bank of London A/c
Q18 (Lombard Street Branch) in May
A 5,18,788.00 B 5,18,785.00 C 5,18,784.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q19 TRANSACTIONS
A 1.00 B 2.00 C 5.00 D None of These
What is the total payment made to Brixton Foods Ltd during the period 3/4/2019 to
Q20 29/5/2019
A 3,63,575.52 B 3,63,575.72 C 3,63,575.42 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the Average Quantity of Stock of Television (Onida) 21" 1x1 held during
Q21 the period 18/4/2019 to 25/5/2019
A 1,373.00 B 1,374.00 C 1,378.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during
Q22 the period 10/4/2019 to 23/5/2019
A 328.00 B 330.00 C 324.00 D None of These
What is the Maximum Amount of Stock of Television (Philips)32" 1x1 held in the
Q23 month of May
A 407,23,744.68 B 407,23,744.48 C 407,23,744.88 D None of These

What was the Cash Balance as on 25/5/2019

Q24
A 36,61,931.20 B 36,61,931.60 C 36,61,931.30 D None of These
What is the total payment received from Adiison Lee Fancy Shop during the period
Q25 3/4/2019 to 16/5/2019
A 4,40,550.00 B 4,40,552.00 C 4,40,551.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period
Q26 17/4/2019 to 19/5/2019
A 75,59,964.50 B 84,84,966.73 C 77,88,349.89 D None of These

What is the Profit or Loss as on 21/4/2019

Q27
A 1,85,040.90 B 1,34,077.22 C 1,35,256.47 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 2/4/2019 to
Q28 25/5/2019
A 1,13,403.00 B 1,13,406.00 C 1,13,409.00 D None of These
What is the total gross amount of Cash received from Adiison Lee Fancy Shop in
Q29 April
A 78,000.00 B 76,000.00 C 73,000.00 D None of These
What is the Minimum Quantity of Stock of Gum (Fevicol) 1x10x12 held in the
Q30 month of May
A 14,308.00 B 14,307.00 C 14,310.00 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the lowest Quantity of Television (Philips)32" 1x1 sold during the period
Q31 18/4/2019 to 20/5/2019
A 9.00 B 5.00 C 6.00 D None of These

what is the minimum cash balance held during the period 1/4/2019 to 13/5/2019
Q32
A 5,52,714.41 B 5,39,242.87 C 4,99,942.00 D None of These
What is the lowest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q33 the period 15/4/2019 to 18/5/2019
A 864.00 B 861.00 C 863.00 D None of These
What is the total amount of cash deposited in Al Islami Bank A/c in the month of
Q34 April
A 31,742.61 B 0.00 C 94,589.74 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 18/4/2019 to
Q35 18/5/2019
A 19,43,961.00 B 19,43,962.00 C 19,43,964.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil
Q36 Way Branch) as on 17/5/2019
A 163,74,451.00 B 163,74,452.00 C 163,74,454.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q37 period 10/4/2019 to 30/5/2019
A 17.00 B 19.00 C 16.00 D None of These

What is the total amount of cheque paid to Penmark Stationery Mall in May
Q38
A 35,454.08 B 35,454.18 C 35,453.78 D None of These

What is the Currrent Ratio as on 2/5/2019

Q39
A 2.58 B 3.12 C 3.26 D None of These
What is the total payment received from Debtors during the period 1/4/2019 to
Q40 18/5/2019
A 39,61,780.00 B 39,61,781.00 C 39,61,778.00 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

How much Cash is received (Gross) from Customers during the period 17/4/2019 to
Q41 27/5/2019
A 8,94,000.00 B 8,93,000.00 C 8,95,000.00 D None of These

What was the Stock value of Television (Onida) 21" 1x1 as on 13/5/2019
Q42
A 114,09,851.17 B 114,09,851.47 C 114,09,851.07 D None of These

What was the Total Bank balance as on 24/5/2019

Q43
A 875,17,759.14 B 794,05,538.32 C 796,39,781.24 D None of These

What is the total amount receivable from Debtors as on 8/5/2019

Q44
A 17,04,715.00 B 17,04,717.00 C 17,04,718.00 D None of These
What is the Average Amount of Stock of Gum (Fevicol) 1x10x12 held during the
Q45 period 11/4/2019 to 9/5/2019
A 35,609.30 B 35,608.80 C 35,609.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q46 2/4/2019 to 10/5/2019
A 455,30,919.40 B 455,30,919.30 C 455,30,919.60 D None of These
What is the total amount of cash withdrawn from banks during the period 1/4/2019
Q47 to 31/5/2019
A 55,50,000.00 B 55,70,000.00 C 55,40,000.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q48
A 295,30,919.50 B 295,30,919.40 C 295,30,919.10 D None of These
What is the Total Net Sale of Gum (Fevicol) 1x10x12 during the period 17/4/2019
Q49 to 25/5/2019
A 7,432.00 B 7,435.00 C 7,434.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q50 16/4/2019 to 24/5/2019
A 54,90,903.00 B 54,90,901.00 C 54,90,905.00 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the total amount paid to Suppliers through Bank accounts as on 24/4/2019
Q51
A 244,94,292.80 B 244,94,293.00 C 244,94,292.70 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q52 5/4/2019 to 25/5/2019
A 1,50,869.00 B 1,50,867.00 C 1,50,866.00 D None of These

What is the total Cheques collected from Traford Super Market in April
Q53
A 1,87,591.00 B 1,87,592.00 C 1,87,589.00 D None of These

What is the total Sale (Less Returns) as on 30/5/2019

Q54
A 88,92,710.00 B 88,92,750.00 C 88,92,730.00 D None of These
What is the total amount of cash deposited in banks during the period 18/4/2019 to
Q55 27/5/2019
A 6,50,000.00 B 6,40,000.00 C 6,80,000.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q56
A 1,215.75 B 1,215.85 C 1,215.55 D None of These

What was the Quantity of Stock of Gum (Fevicol) 1x10x12 as on 23/5/2019

Q57
A 17,266.00 B 17,270.00 C 17,264.00 D None of These

What is the total collection from customers through Bank accounts as on 17/5/2019
Q58
A 29,25,533.00 B 29,25,532.00 C 29,25,534.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 31/5/2019
Q59
A 100,09,241.24 B 92,66,000.00 C 94,60,720.05 D None of These
What is the total payment made to Creditors during the period 13/4/2019 to
Q60 23/5/2019
A 645,33,029.38 B 645,33,029.58 C 645,33,029.78 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is balance payable to Eicher Machineries Ltd A/c as on 30/5/2019
Q61
A 10,00,000.00 B 11,35,432.35 C 12,03,558.15 D None of These
what was the highest amount of cash balance held during the period 1/4/2019 to
Q62 20/5/2019
A 2189,01,037.81 B 2318,71,313.73 C 1500,00,000.00 D None of These
What is the total amount of sales return of Stationery Items during the period
Q63 2/4/2019 to 24/5/2019
A 273.00 B 278.00 C 279.00 D None of These

What is the Profit or Loss as on 31/5/2019

Q64
A -6,65,299.64 B 2,30,152.56 C 11,425.79 D None of These

What is balance receivable from Hamilton Rose Hyper Market as on 17/5/2019

Q65
A 2,31,432.30 B 2,02,128.00 C 2,97,597.24 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q66 Branch) during the period 17/4/2019 to 19/5/2019
A 181,94,457.92 B 122,06,454.00 C 149,76,445.76 D None of These
What is the total Cash Purchase (Net) of Stationery Items during the period
Q67 4/4/2019 to 25/5/2019
A 1,01,458.50 B 1,92,337.24 C 1,54,929.46 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil
Q68 Way Branch) in April
A 101,85,403.70 B 101,85,403.90 C 101,85,403.50 D None of These

What was the Average Bank balance held during the period 15/4/2019 to 18/5/2019
Q69
A 278,04,432.65 B 298,33,965.33 C 352,72,561.57 D None of These

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

Q70
A 74,68,932.71 B 74,68,932.21 C 74,68,932.51 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the total Gross Purchase of Stationery Items as on 18/5/2019
Q71
A 6,15,773.46 B 6,15,773.96 C 6,15,773.86 D None of These

What was the Average Cash balance held during the period 6/4/2019 to 16/5/2019
Q72
A 20,08,980.77 B 20,08,980.57 C 20,08,980.47 D None of These
What is the lowest Rate at which Nido Milk Powder 500gm 1x4x2x6 purchased
Q73 during the period 9/4/2019 to 20/5/2019
A 0.00 B 400.00 C 600.00 D None of These

What is the total Expense Paid by cash during the period 11/4/2019 to 8/5/2019
Q74
A 2,95,943.00 B 2,95,942.00 C 2,95,940.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q75 8/4/2019 to 11/5/2019
A 25,95,985.00 B 25,95,982.00 C 25,95,981.00 D None of These

What is the total expense incurred during the period 13/4/2019 to 27/5/2019
Q76
A 7,28,734.21 B 6,49,980.00 C 6,89,408.39 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q77 Branch) during the period 18/4/2019 to 29/5/2019
A 9,56,374.00 B 9,56,375.00 C 9,56,377.00 D None of These

What is balance payable to Sanford Electrics Ltd as on 2/5/2019

Q78
A 17,01,118.61 B 19,28,440.92 C 17,08,401.63 D None of These

What is the total Net Credit Purchase (Less Returns) as on 13/5/2019

Q79
A 670,62,790.47 B 732,48,723.19 C 684,85,399.06 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q80
A 20,95,986.00 B 20,95,981.00 C 20,95,985.00 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the Average Daily Expense of the company during the period 25/4/2019 to
Q81 22/5/2019
A 21,878.06 B 21,877.86 C 21,877.66 D None of These

What is the value of Total Stock as on 24/4/2019

Q82
A 598,26,091.06 B 598,26,090.66 C 598,26,090.96 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q83 20/4/2019 to 11/5/2019
A 2,92,416.00 B 2,92,420.00 C 2,92,418.00 D None of These

What is the total amount payable to Creditors as on 22/4/2019

Q84
A 712,05,648.82 B 712,05,649.02 C 712,05,649.22 D None of These
What is the Total Net Sale of Electronic Items during the period 3/4/2019 to
Q85 30/5/2019
A 75,55,784.00 B 75,55,780.00 C 75,55,785.00 D None of These
What is the Maximum Quantity of Stock of Stapler Pin (Camel) 1x8x6 held in the
Q86 month of April
A 23,843.42 B 15,189.00 C 17,447.75 D None of These

What is the total Net Credit Sale (Less Returns) as on 13/5/2019

Q87
A 52,44,099.00 B 52,44,093.00 C 52,44,096.00 D None of These

What is the total amount payable to Suppliers as on 22/5/2019

Q88
A 280,54,482.03 B 280,54,481.73 C 280,54,481.63 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q89 Street Branch) as on 4/5/2019
A 7,82,592.00 B 7,95,378.81 C 7,83,038.26 D None of These

What is the total Net Cash Sale (Less Returns) as on 28/4/2019

Q90
A 7,20,994.00 B 7,33,527.39 C 7,65,972.07 D None of These
 International Institute of Certified Accountants
Mailing Address : 11923 NE Sumner St , STE 223119 , Portland, Oregon, 97220, USA. www.iica.us , mail@iica.us

I-CAAT Question Paper

What is the total Cash payment maid to Penmark Stationery Mall
Q91
A 80,000.00 B 75,000.00 C 77,000.00 D None of These

What is the total value of Land as on 24/5/2019

Q92
A 100,00,000.00 B 90,00,000.00 C 120,00,000.00 D None of These

What is the total expense incurred as upto 3/5/2019

Q93
A 7,19,501.15 B 6,24,212.00 C 6,30,616.69 D None of These

What is the total Gross sale of Food Items as on 10/5/2019

Q94
A 7,59,607.00 B 7,59,608.00 C 7,59,609.00 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased
Q95 during the period 3/4/2019 to 31/5/2019
A 448.27 B 437.39 C 432.00 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 purchased during
Q96 the period 13/4/2019 to 21/5/2019
A 6,385.81 B 6,386.31 C 6,386.21 D None of These

What is the total Purchase (Less Returns) as on 30/5/2019

Q97
A 825,60,260.94 B 729,36,236.25 C 726,59,565.55 D None of These
What was the balance in Bank of London A/c (Churchil Way Branch) as on
Q98 7/5/2019
A 403,62,640.40 B 403,62,640.30 C 403,62,640.50 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 sold during the
Q99 period 1/4/2019 to 15/5/2019
A 6,549.00 B 6,547.00 C 6,546.00 D None of These

What is the total expense of Printing & Stationery as on 6/5/2019

Q100
A 47,128.00 B 47,125.00 C 47,124.00 D None of These