International Institute of Certified Accountants

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What is the total amount of cash withdrawn from banks during the period 19/4/2013 to
Q1 14/5/2013
A 41,50,000.00 B 41,80,000.00 C 41,90,000.00 D None of These

What is the Profit or Loss as on 24/5/2013

Q2
A -1,42,381.77 B -1,42,381.75 C -1,42,381.73 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 19/5/2013
Q3
A 283,39,501.16 B 283,39,501.18 C 283,39,501.14 D None of These
What is the total amount collected from customers through Bank of London A/c
Q4 (Lombard Street Branch) in May
A 5,18,788.00 B 5,18,785.00 C 5,18,789.00 D None of These

What is the total Expense Paid by cash during the period 8/4/2013 to 24/5/2013
Q5
A 3,01,588.00 B 3,01,586.00 C 3,01,589.00 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q6
A 40,000.00 B 60,000.00 C 20,000.00 D None of These

What is the total amount payable to Suppliers as on 14/5/2013

Q7
A 312,33,767.17 B 312,33,767.19 C 312,33,767.21 D None of These
What is the total value of fixed assets purchased during the period 9/4/2013 to
Q8 22/5/2013
A 77,07,900.00 B 77,08,000.00 C 77,07,600.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 10/4/2013 to
Q9 30/5/2013
A 19,11,217.00 B 19,11,221.00 C 19,11,220.00 D None of These

What was the Average Cash balance held during the period 3/4/2013 to 19/5/2013
Q10
A 20,19,259.94 B 20,19,259.92 C 20,19,259.96 D None of These
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What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned to suppliers during
Q11 the period 4/4/2013 to 31/5/2013
A 40.00 B 20.00 C 30.00 D None of These

What is balance payable to Tower Height Builders Pvt Ltd A/cas on 9/5/2013
Q12
A 400,00,000.00 B 500,00,000.00 C 100,00,000.00 D None of These
What is the Maximum Amount of Stock of Television (Philips)32" 1x1 held in the
Q13 month of April
A 375,20,184.49 B 375,20,184.51 C 375,20,184.50 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q14 TRANSACTIONS
A 5.00 B 6.00 C 2.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q15 12/4/2013 to 21/5/2013
A 16.00 B 18.00 C 14.00 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 20/4/2013 to
Q16 27/5/2013
A 66,557.00 B 66,556.00 C 66,555.00 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q17 the period 17/4/2013 to 30/5/2013
A 23.91 B 23.89 C 23.87 D None of These

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

Q18
A 1,05,458.18 B 1,05,458.17 C 1,05,458.14 D None of These

How much Cash is paid to Suppliers during the Period 12/4/2013 to 9/5/2013
Q19
A 3,67,000.00 B 3,69,000.00 C 3,71,000.00 D None of These

What is the total Electricity expense in the month of May

Q20
A 4,891.00 B 4,890.00 C 4,887.00 D None of These
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What is the total Cash inflow (Including Cash Withdrawal) during the period 18/4/2013
Q21 to 26/5/2013
A 75,59,964.49 B 75,59,964.52 C 75,59,964.50 D None of These
What is the Total Net Sale of Punching Machine (Kores) 1x4x12 during the period
Q22 1/4/2013 to 24/5/2013
A 1,11,528.00 B 1,11,532.00 C 1,11,530.00 D None of These

What is the Profit or Loss as on 4/5/2013

Q23
A -3,83,440.00 B -3,83,440.04 C -3,83,440.02 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q24
A 87,785.00 B 87,783.00 C 87,787.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q25 Branch) in May
A 81,89,050.39 B 81,89,050.40 C 81,89,050.42 D None of These
What is the Average Quantity of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q26 period 25/4/2013 to 29/5/2013
A 1,394.00 B 1,391.00 C 1,393.00 D None of These
What is the total amount of cash deposited in banks during the period 11/4/2013 to
Q27 7/5/2013
A 7,00,000.00 B 4,00,000.00 C 8,00,000.00 D None of These
What is the total payment received from Adiison Lee Fancy Shop during the period
Q28 1/4/2013 to 30/5/2013
A 4,59,339.00 B 4,59,338.00 C 4,59,337.00 D None of These
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q29 A/cin the month ofApril
A 3,00,000.00 B 7,00,000.00 C 5,00,000.00 D None of These

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

Q30
A 0.46 B 0.45 C 0.47 D None of These
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What is the total amount payable to Creditors as on 22/4/2013

Q31
A 712,05,649.01 B 712,05,649.04 C 712,05,649.00 D None of These
What is the Minimum Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 in
Q32 business
A 4,761.00 B 4,764.00 C 4,765.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 22/4/2013
Q33
A 154,94,292.78 B 154,94,292.82 C 154,94,292.80 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q34
A 20,95,985.00 B 20,95,983.00 C 20,95,986.00 D None of These

What was the Cash Balance as on 17/5/2013

Q35
A 23,49,105.52 B 23,49,105.49 C 23,49,105.50 D None of These

What is the Total Net Sale of Electronic Items during the period 5/4/2013 to 31/5/2013
Q36
A 75,55,784.00 B 75,55,786.00 C 75,55,785.00 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q37 8/4/2013 to 29/5/2013
A 2.27 B 2.23 C 2.25 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q38 Street Branch) as on 8/5/2013
A 151,51,767.66 B 151,51,767.68 C 151,51,767.70 D None of These

What is the total Net Cash Purchase (Less Returns) as on 21/4/2013

Q39
A 2,50,239.00 B 2,50,236.00 C 2,50,238.00 D None of These

What is the Maximum Quantity of Stock of Gum (Fevicol) 1x10x12 in business

Q40
A 17,340.00 B 17,360.00 C 17,350.00 D None of These
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What is the total Credit Purchase (Net) of Food Items during the period 9/4/2013 to
Q41 31/5/2013
A 7,13,446.56 B 7,13,446.54 C 7,13,446.55 D None of These

What is the total Gross sale of Stationery Items as on 31/5/2013

Q42
A 1,51,145.00 B 1,51,149.00 C 1,51,148.00 D None of These

What is the total expense incurred as upto 23/5/2013

Q43
A 6,94,470.00 B 6,94,440.00 C 6,94,480.00 D None of These

What is the total expense incurred during the period 2/4/2013 to 13/5/2013
Q44
A 6,64,467.00 B 6,64,466.00 C 6,64,464.00 D None of These
What is the Minimum Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 held in the
Q45 month of May
A 10,35,787.18 B 10,35,787.17 C 10,35,787.20 D None of These

What is the total Net Cash Sale (Less Returns) as on 8/5/2013

Q46
A 6,86,563.00 B 6,86,562.00 C 6,86,559.00 D None of These
What is the Average Amount of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q47 period 18/4/2013 to 23/5/2013
A 86,41,161.07 B 86,41,161.03 C 86,41,161.05 D None of These

What is the total expense of Repairs & Maintenance as on 15/5/2013

Q48
A 770.00 B 800.00 C 810.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q49 5/4/2013 to 26/5/2013
A 58,07,949.00 B 58,07,945.00 C 58,07,947.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 6/4/2013
Q50 to 9/5/2013
A 2,96,837.00 B 2,96,835.00 C 2,96,833.00 D None of These
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What is the total gross amount of Cash received from Lamson Grocery Shop in May
Q51
A 8,00,000.00 B 5,00,000.00 C 7,00,000.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q52 period 18/4/2013 to 27/5/2013
A 329.00 B 330.00 C 327.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 18/5/2013
Q53
A 194,50,000.00 B 194,30,000.00 C 194,20,000.00 D None of These

What is the total amount receivable from Debtors as on 30/5/2013

Q54
A 18,97,526.00 B 18,97,529.00 C 18,97,530.00 D None of These

What is the value of Total Stock as on 6/5/2013

Q55
A 607,38,127.41 B 607,38,127.44 C 607,38,127.42 D None of These
What is the total amount of sales return of Stationery Items during the period 18/4/2013
Q56 to 12/5/2013
A 192.00 B 189.00 C 191.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q57 4/4/2013 to 15/5/2013
A 357,20,337.54 B 357,20,337.50 C 357,20,337.53 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of May
Q58
A 12,320.00 B 38,350.00 C 9,350.00 D None of These

What is the total Cheques collected from Hamilton Rose Hyper Market in May
Q59
A 6,97,386.00 B 6,97,387.00 C 6,97,388.00 D None of These

What was the Stock value of Television (Philips)32" 1x1 as on 20/5/2013

Q60
A 394,59,032.26 B 394,59,032.30 C 394,59,032.28 D None of These
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What was the Average Bank balance held during the period 16/4/2013 to 20/5/2013
Q61
A 1165,14,911.35 B 1165,14,911.37 C 1165,14,911.34 D None of These

What is the total Net Credit Purchase (Less Returns) as on 4/5/2013

Q62
A 655,69,422.62 B 655,69,422.63 C 655,69,422.64 D None of These
What is the lowest Rate at which Television (Onida) 21" 1x1 sold during the period
Q63 1/4/2013 to 19/5/2013
A 8,527.00 B 8,524.00 C 8,526.00 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Sold during
Q64 the period 16/4/2013 to 17/5/2013
A 1,120.00 B 1,130.00 C 1,090.00 D None of These
What is the Average Daily Expense of the company during the period 17/4/2013 to
Q65 8/5/2013
A 29,014.04 B 29,014.05 C 29,014.07 D None of These

What is the total Net Credit Sale (Less Returns) as on 15/5/2013

Q66
A 52,44,096.00 B 52,44,098.00 C 52,44,099.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 9/4/2013
Q67 to 22/5/2013
A 1,11,930.00 B 1,11,928.00 C 1,11,931.00 D None of These

What is balance payable to Brixton Foods Ltd as on 30/5/2013

Q68
A 58,319.22 B 58,319.18 C 58,319.19 D None of These

What is the total value of Machinery as on 7/5/2013

Q69
A 70,00,000.00 B 100,00,000.00 C 110,00,000.00 D None of These
What is the total payment made to Penmart Stationery Mall during the period 3/4/2013
Q70 to 22/5/2013
A 29,472.00 B 29,475.00 C 29,476.00 D None of These
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What is the total payment made to Creditors during the period 1/4/2013 to 30/5/2013
Q71
A 746,27,029.70 B 746,27,029.66 C 746,27,029.67 D None of These
What was the Rate of Stock balance of Nido Milk Powder 500gm 1x4x2x6 as on
Q72 13/5/2013
A 304.04 B 304.05 C 304.07 D None of These
How much Cash is received (Gross) from Customers during the period 9/4/2013 to
Q73 13/5/2013
A 6,76,000.00 B 6,79,000.00 C 6,80,000.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q74 20/4/2013 to 14/5/2013
A 18,60,983.00 B 18,60,986.00 C 18,60,987.00 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q75 13/4/2013 to 26/5/2013
A 788.00 B 784.00 C 786.00 D None of These

What was the Total Bank balance as on 13/4/2013

Q76
A 1388,82,000.00 B 1388,84,000.00 C 1388,86,000.00 D None of These
What is the total payment received from Debtors during the period 5/4/2013 to
Q77 22/5/2013
A 43,31,140.00 B 43,31,130.00 C 43,31,110.00 D None of These
What is the Gross COST OF SALE of Stapler Pin (Camel) 1x8x6sold during the period
Q78 5/4/2013 to 29/5/2013
A 19,541.49 B 19,541.46 C 19,541.45 D None of These
what was the highest amount of cash balance held during the period 6/4/2013 to
Q79 23/5/2013
A 63,21,719.48 B 63,21,719.49 C 63,21,719.51 D None of These
What is the lowest Quantity of Television (Philips)32" 1x1 sold during the period
Q80 19/4/2013 to 24/5/2013
A 6.00 B 8.00 C 9.00 D None of These
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What is the total collection from customers through Bank of London A/c (Lombard
Q81 Street Branch) as on 26/5/2013
A 13,01,381.00 B 13,01,380.00 C 13,01,377.00 D None of These

What is the total Gross Purchase of Stationery Items as on 7/5/2013

Q82
A 5,24,185.45 B 5,24,185.42 C 5,24,185.43 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 7/4/2013 to
Q83 26/4/2013
A 2,05,450.00 B 2,05,480.00 C 2,05,470.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q84 1/4/2013 to 12/5/2013
A 169.60 B 169.57 C 169.58 D None of These

what is the minimum cash balance held during the period 11/4/2013 to 21/5/2013
Q85
A 10,93,020.00 B 10,93,040.00 C 10,93,060.00 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned by customers during the
Q86 period 5/4/2013 to 20/5/2013
A 15.00 B 11.00 C 14.00 D None of These

What was the Quantity of Stock of Stapler Pin (Camel) 1x8x6 as on 25/4/2013
Q87
A 14,944.00 B 14,947.00 C 14,946.00 D None of These

What is the Quick Ratio as on 18/4/2013

Q88
A 1.87 B 1.86 C 1.89 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in May
Q89
A 260,00,000.00 B 250,00,000.00 C 280,00,000.00 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Purchased during the
Q90 period 26/4/2013 to 24/5/2013
A 157.00 B 154.00 C 156.00 D None of These
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What is the total amount Paid to Suppliers through Bank Accounts in April
Q91
A 235,11,696.39 B 235,11,696.40 C 235,11,696.42 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q92 Branch) during the period 15/4/2013 to 1/5/2013
A 8,69,615.00 B 8,69,619.00 C 8,69,618.00 D None of These

What is the total Sale (Less Returns) as on 1/5/2013

Q93
A 44,64,900.00 B 44,64,910.00 C 44,64,870.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q94 2/4/2013 to 24/5/2013
A 1,241.00 B 1,239.00 C 1,242.00 D None of These

What is the total collection from customers through Bank accounts as on 5/5/2013
Q95
A 22,95,987.00 B 22,95,985.00 C 22,95,983.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period
Q96 15/4/2013 to 22/5/2013
A 7,70,775.58 B 7,70,775.56 C 7,70,775.54 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q97 period 14/4/2013 to 31/5/2013
A 3,57,800.30 B 3,57,800.31 C 3,57,800.32 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q98 Branch) during the period 12/4/2013 to 9/5/2013
A 81,85,403.58 B 81,85,403.59 C 81,85,403.60 D None of These

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

Q99
A 641,51,419.52 B 641,51,419.54 C 641,51,419.56 D None of These

What is balance receivable from Lamson Grocery Shopas on 1/5/2013

Q100
A 8,10,447.00 B 8,10,443.00 C 8,10,446.00 D None of These