International Institute of Certified Accountants

www.ii-ca.com
What is the Average Quantity of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q1 period 15/4/2013 to 11/5/2013
A 1,294.00 B 1,296.00 C 1,295.00 D None of These
What is the total payment received from Lamson Grocery Shop during the period
Q2 6/4/2013 to 26/5/2013
A 29,50,000.00 B 29,70,000.00 C 29,80,000.00 D None of These

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

Q3
A 7,59,610.00 B 7,59,608.00 C 7,59,612.00 D None of These
What is the highest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q4 during the period 18/4/2013 to 21/5/2013
A 88.99 B 88.98 C 88.97 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q5 Branch) in the month of April
A 500,00,000.00 B 496,00,000.00 C 499,00,000.00 D None of These

What is the total Sale (Less Returns) as on 25/5/2013

Q6
A 90,44,513.00 B 90,44,511.00 C 90,44,514.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q7 14/4/2013 to 16/5/2013
A 2,95,930.00 B 2,95,970.00 C 2,95,960.00 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q8 17/4/2013 to 15/5/2013
A 2.24 B 2.25 C 2.23 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q9 Branch) during the period 20/4/2013 to 20/5/2013
A 82,06,458.00 B 82,06,457.00 C 82,06,454.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q10 10/4/2013 to 17/5/2013
A 317,20,337.54 B 317,20,337.51 C 317,20,337.52 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the Debt Ratio as on 28/5/2013

Q11
A 0.31 B 0.27 C 0.29 D None of These
What is the Average Daily Expense of the company during the period 6/4/2013 to
Q12 25/5/2013
A 13,499.70 B 13,499.66 C 13,499.68 D None of These

What is the total amount payable to Creditors other than suppliers as upto 12/5/2013
Q13
A 214,30,487.00 B 214,30,489.00 C 214,30,490.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 6/4/2013
Q14 to 31/5/2013
A 84,80,063.75 B 84,80,063.77 C 84,80,063.73 D None of These

What is the total expense incurred during the period 16/4/2013 to 14/5/2013
Q15
A 6,38,776.00 B 6,38,773.00 C 6,38,775.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 8/4/2013
Q16 to 18/5/2013
A 1,11,947.00 B 1,11,946.00 C 1,11,944.00 D None of These

What is the total value of Land as on 6/5/2013

Q17
A 120,00,000.00 B 160,00,000.00 C 150,00,000.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q18 Branch) in May
A 80,15,863.36 B 80,15,863.34 C 80,15,863.38 D None of These
What is the total amount of cash deposited in banks during the period 18/4/2013 to
Q19 6/5/2013
A 8,00,000.00 B 6,00,000.00 C 4,00,000.00 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q20 during the period 10/4/2013 to 14/5/2013
A 7,43,779.00 B 7,43,778.00 C 7,43,776.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned by customers during
Q21 the period 11/4/2013 to 31/5/2013
A 10.00 B 9.00 C 7.00 D None of These
What is the total collection from customers through Bank of London A/c (Churchil
Q22 Way Branch) as on 21/5/2013
A 12,69,859.00 B 12,69,862.00 C 12,69,863.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q23 Branch) as on 22/4/2013
A 41,69,000.00 B 41,71,000.00 C 41,70,000.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 9/5/2013

Q24
A 670,18,211.67 B 670,18,211.69 C 670,18,211.65 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 6/4/2013
Q25 to 26/5/2013
A 10,42,359.74 B 10,42,359.76 C 10,42,359.73 D None of These
What is the collection from customers through Bank Accounts during the period
Q26 6/4/2013 to 15/5/2013
A 25,95,987.00 B 25,95,986.00 C 25,95,983.00 D None of These
How much Cash is received (Gross) from Customers during the period 17/4/2013 to
Q27 20/5/2013
A 8,87,000.00 B 8,90,000.00 C 8,88,000.00 D None of These
What is the Maximum Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q28 the month of May
A 5,275.00 B 5,272.00 C 5,276.00 D None of These
What is the Average Amount of Stock of Gum (Fevicol) 1x10x12 held during the period
Q29 22/4/2013 to 19/5/2013
A 39,381.27 B 39,381.23 C 39,381.25 D None of These

What is the Profit or Loss as on 9/4/2013

Q30
A 41,512.01 B 41,511.99 C 41,512.03 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the lowest Quantity of Refrigerator (Kelvinator) 1x1 purchased during the
Q31 period 7/4/2013 to 28/5/2013
A 39.00 B 41.00 C 43.00 D None of These

What was the Cash Balance as on 16/4/2013

Q32
A 15,92,749.00 B 15,92,748.00 C 15,92,745.00 D None of These
What is the total value of fixed assets purchased during the period 1/4/2013 to
Q33 18/5/2013
A 357,30,700.00 B 357,30,900.00 C 357,31,000.00 D None of These

What is the Total Net Sale of Electronic Items during the period 11/4/2013 to 28/5/2013
Q34
A 64,86,394.00 B 64,86,391.00 C 64,86,393.00 D None of These

What is the total Gross Purchase of Electronic Items as on 20/5/2013

Q35
A 675,96,132.27 B 675,96,132.26 C 675,96,132.25 D None of These
What is the Minimum Quantity of Stock of Gum (Fevicol) 1x10x12 held in the month of
Q36 April
A 9,737.00 B 9,736.00 C 9,733.00 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q37 11/4/2013 to 30/5/2013
A 139.00 B 137.00 C 138.00 D None of These

What is the total amount of cheque paid to Brixton Foods Ltd in April
Q38
A 1,74,525.13 B 1,74,525.10 C 1,74,525.14 D None of These

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

Q39
A -1,42,381.73 B -1,42,381.77 C -1,42,381.75 D None of These

What is the total expense of Repairs & Maintenance as on 1/5/2013

Q40
A 600.00 B 900.00 C 1,000.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total amount Paid to Suppliers through Bank Accounts in April
Q41
A 235,11,696.40 B 235,11,696.42 C 235,11,696.38 D None of These
What is the total Credit Purchase (Net) of Food Items during the period 5/4/2013 to
Q42 26/5/2013
A 7,79,590.73 B 7,79,590.74 C 7,79,590.76 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q43 TRANSACTIONS
A 5.00 B 3.00 C 6.00 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Purchased during
Q44 the period 30/4/2013 to 30/5/2013
A 765.00 B 769.00 C 768.00 D None of These
What is the Gross COST OF SALE of Happy Tomato Sauce 250gm 1x8x4x2sold during
Q45 the period 12/4/2013 to 19/5/2013
A 1,24,923.24 B 1,24,923.22 C 1,24,923.20 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in April
Q46
A 79,000.00 B 78,000.00 C 80,000.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 4/4/2013 to
Q47 22/5/2013
A 38,52,800.00 B 38,52,600.00 C 38,52,400.00 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q48 ofMay
A 0.00 B 85,060.00 C 1,164.00 D None of These

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

Q49
A 37,43,880.00 B 37,43,878.00 C 37,43,876.00 D None of These
What is the lowest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q50 period 17/4/2013 to 15/5/2013
A 327.00 B 326.00 C 323.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total Cash sale (Net) of Electronic Items during the period 9/4/2013 to
Q51 10/5/2013
A 4,51,520.00 B 4,51,530.00 C 4,51,490.00 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q52
A 20,95,987.00 B 20,95,986.00 C 20,95,983.00 D None of These
What is the Quantity of Television (Philips)32" 1x1 returned to suppliers during the
Q53 period 8/4/2013 to 28/5/2013
A 60.00 B 50.00 C 20.00 D None of These

What is the total Expense Paid by cash during the period 11/4/2013 to 9/5/2013
Q54
A 2,95,947.00 B 2,95,945.00 C 2,95,943.00 D None of These

What is the total Cheques collected from Hamilton Rose Hyper Market in April
Q55
A 37,951.00 B 0.00 C 98,872.00 D None of These

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

Q56
A 14,22,660.00 B 14,22,661.00 C 14,22,657.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 11/5/2013
Q57
A 315,11,696.39 B 315,11,696.38 C 315,11,696.40 D None of These
What is the total amount of sales return of Electronic Items during the period 18/4/2013
Q58 to 2/5/2013
A 3,04,234.00 B 3,04,237.00 C 3,04,238.00 D None of These

What is the total Purchase (Less Returns) as on 23/5/2013

Q59
A 727,08,892.51 B 727,08,892.50 C 727,08,892.49 D None of These

What was the Rate of Stock balance of Television (Philips)32" 1x1 as on 19/4/2013
Q60
A 28,076.74 B 28,076.71 C 28,076.72 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total payment received from Debtors during the period 2/4/2013 to
Q61 23/5/2013
A 43,31,110.00 B 43,31,150.00 C 43,31,140.00 D None of These

What is the total Electricity expense in the month of May

Q62
A 4,890.00 B 4,887.00 C 4,891.00 D None of These

What is the value of Total Stock as on 5/4/2013

Q63
A 571,19,255.30 B 571,19,255.27 C 571,19,255.28 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q64 period 16/4/2013 to 23/5/2013
A 3,57,800.34 B 3,57,800.30 C 3,57,800.32 D None of These

What is the total amount payable to Suppliers as on 25/5/2013

Q65
A 238,85,226.16 B 238,85,226.20 C 238,85,226.18 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q66 17/4/2013 to 28/5/2013
A 2,500.00 B 2,497.00 C 2,498.00 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 16/4/2013 to
Q67 30/5/2013
A 73,609.00 B 73,612.00 C 73,611.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q68
A 1,215.75 B 1,215.77 C 1,215.74 D None of These

What was the Total Bank balance as on 3/5/2013

Q69
A 1194,23,492.60 B 1194,23,492.58 C 1194,23,492.62 D None of These

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

Q70
A 3,64,289.00 B 3,64,293.00 C 3,64,291.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Maximum Amount of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q71 month of May
A 96,48,733.11 B 96,48,733.12 C 96,48,733.10 D None of These
What is the Total Net Sale of Gum (Fevicol) 1x10x12 during the period 14/4/2013 to
Q72 19/5/2013
A 3,944.00 B 3,945.00 C 3,943.00 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Sold during the
Q73 period 26/4/2013 to 24/5/2013
A 756.00 B 752.00 C 755.00 D None of These

What is balance receivable from Brinxton Hyper Mallas on 29/4/2013

Q74
A 1,30,744.00 B 1,30,746.00 C 1,30,747.00 D None of These

How much Cash is paid to Suppliers during the Period 17/4/2013 to 5/5/2013
Q75
A 2,69,000.00 B 2,71,000.00 C 2,68,000.00 D None of These

What was the Stock value of Lipton Brue Coffee 250gm 1x2x8 as on 10/5/2013
Q76
A 11,05,917.24 B 11,05,917.21 C 11,05,917.20 D None of These
what was the highest amount of cash balance held during the period 13/4/2013 to
Q77 14/5/2013
A 63,21,719.52 B 63,21,719.48 C 63,21,719.50 D None of These

What was the Quantity of Stock of Gum (Fevicol) 1x10x12 as on 17/4/2013

Q78
A 12,993.00 B 12,992.00 C 12,989.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 25/5/2013

Q79
A 22,18,321.00 B 22,18,318.00 C 22,18,322.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q80
A 6,00,000.00 B 7,00,000.00 C 4,00,000.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q81 4/4/2013 to 22/5/2013
A 56,91,420.00 B 56,91,460.00 C 56,91,450.00 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 3/5/2013
Q82
A 382,50,027.88 B 382,50,027.86 C 382,50,027.90 D None of These
What is the total payment made to Sanford Electrics Ltd during the period 3/4/2013 to
Q83 20/5/2013
A 73,519.00 B 0.00 C 92,523.00 D None of These

What is the total amount payable to Creditors as on 1/5/2013

Q84
A 624,38,250.14 B 624,38,250.16 C 624,38,250.12 D None of These
What is the Minimum Amount of Stock of Television (Onida) 21" 1x1 held in the month
Q85 of May
A 108,84,059.09 B 108,84,059.11 C 108,84,059.10 D None of These

What is the total collection from customers through Bank accounts as on 5/5/2013
Q86
A 22,95,983.00 B 22,95,986.00 C 22,95,985.00 D None of These

what is the minimum cash balance held during the period 2/4/2013 to 26/5/2013
Q87
A 4,99,944.00 B 4,99,946.00 C 4,99,943.00 D None of These

What was the Average Bank balance held during the period 11/4/2013 to 25/5/2013
Q88
A 1152,27,131.01 B 1152,27,131.05 C 1152,27,131.03 D None of These

What is the total expense incurred as upto 25/4/2013

Q89
A 81,320.00 B 81,330.00 C 81,350.00 D None of These

What was the Average Cash balance held during the period 25/4/2013 to 17/5/2013
Q90
A 23,26,278.33 B 23,26,278.35 C 23,26,278.37 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the Quick Ratio as on 19/5/2013

Q91
A 2.20 B 2.21 C 2.22 D None of These
What is the total amount of cash withdrawn from banks during the period 13/4/2013 to
Q92 15/5/2013
A 47,70,000.00 B 47,50,000.00 C 47,80,000.00 D None of These
What is the total amount of Purchase return of Food Items during the period 12/4/2013
Q93 to 2/5/2013
A 2,609.00 B 2,608.99 C 2,609.02 D None of These
What is the total amount collected from customers through Bank of London A/c
Q94 (Churchil Way Branch) in April
A 6,69,619.00 B 6,69,615.00 C 6,69,617.00 D None of These

What is balance payable to Camel Stationery Shop A/cas on 13/5/2013

Q95
A 46,911.00 B 74,492.00 C 34,162.00 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 sold during the
Q96 period 2/4/2013 to 25/5/2013
A 600.00 B 800.00 C 400.00 D None of These

What is balance payable to Penmart Stationery Mall as on 31/5/2013

Q97
A 1,11,639.34 B 1,11,639.33 C 1,11,639.37 D None of These

What is the Profit or Loss as on 10/5/2013

Q98
A -3,88,890.61 B -3,88,890.60 C -3,88,890.58 D None of These

What is the total payment made to Creditors during the period 13/4/2013 to 18/5/2013
Q99
A 501,76,047.53 B 501,76,047.51 C 501,76,047.50 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q100 period 14/4/2013 to 29/5/2013
A 331.00 B 330.00 C 327.00 D None of These