International Institute of Certified Accountants

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What is the Maximum Quantity of Stock of Punching Machine (Kores) 1x4x12 held in
Q1 the month of May
A 18,452.00 B 18,456.00 C 18,455.00 D None of These

What is the Gross Profit Ratio as on 15/4/2013

Q2
A 0.03 B 0.05 C 0.04 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q3
A 264,69,415.48 B 264,69,415.50 C 264,69,415.47 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q4
A 27,15,543.00 B 27,15,542.00 C 27,15,545.00 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 30/4/2013
Q5
A 422,50,027.86 B 422,50,027.88 C 422,50,027.90 D None of These

What is balance payable to Leisure Travels A/cas on 26/5/2013

Q6
A 60,000.00 B 58,000.00 C 62,000.00 D None of These

What is the total Credit sale (Net) of Food Items during the period 9/4/2013 to 7/5/2013
Q7
A 3,39,350.00 B 3,39,347.00 C 3,39,349.00 D None of These

What is the total Cheques collected from Hamilton Rose Hyper Market in May
Q8
A 6,97,387.00 B 6,97,385.00 C 6,97,388.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 5/5/2013
Q9
A 293,72,487.00 B 293,72,490.00 C 293,72,491.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q10 Branch) as on 17/5/2013
A 123,74,454.00 B 123,74,457.00 C 123,74,458.00 D None of These
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What is the Profit or Loss as on 22/5/2013

Q11
A -2,16,335.22 B -2,16,335.24 C -2,16,335.26 D None of These

What is the total collection from customers through Bank accounts as on 12/5/2013
Q12
A 25,95,987.00 B 25,95,983.00 C 25,95,985.00 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Sold during
Q13 the period 29/4/2013 to 15/5/2013
A 429.00 B 432.00 C 433.00 D None of These

What is the total payment made to Creditors during the period 13/4/2013 to 15/5/2013
Q14
A 441,45,560.51 B 441,45,560.52 C 441,45,560.54 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q15 the period 3/4/2013 to 17/5/2013
A 434.00 B 432.00 C 435.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 5/4/2013 to
Q16 29/5/2013
A 38,52,800.00 B 38,52,700.00 C 38,52,500.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q17 Branch) in May
A 80,15,863.38 B 80,15,863.34 C 80,15,863.35 D None of These

What is the Profit or Loss as on 19/4/2013

Q18
A 1,71,873.07 B 1,71,873.05 C 1,71,873.08 D None of These
What is the total amount of sales return of Food Items during the period 10/4/2013 to
Q19 5/5/2013
A 3,881.00 B 3,884.00 C 3,883.00 D None of These

What is the total expense incurred during the period 14/4/2013 to 14/5/2013
Q20
A 6,38,926.00 B 6,38,927.00 C 6,38,923.00 D None of These
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What is the total value of Land as on 24/5/2013

Q21
A 150,00,000.00 B 160,00,000.00 C 120,00,000.00 D None of These
How much Cash is received (Gross) from Customers during the period 5/4/2013 to
Q22 5/5/2013
A 3,78,000.00 B 3,80,000.00 C 3,76,000.00 D None of These

What is the total Gross Purchase of Stationery Items as on 14/5/2013

Q23
A 5,68,764.23 B 5,68,764.25 C 5,68,764.26 D None of These
What is the total amount of cash withdrawn from banks during the period 6/4/2013 to
Q24 25/5/2013
A 50,70,000.00 B 50,50,000.00 C 50,80,000.00 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in April
Q25
A 22,544.00 B 29,898.00 C 0.00 D None of These
What is the total amount of Purchase return of Food Items during the period 13/4/2013
Q26 to 4/5/2013
A 2,608.99 B 2,609.03 C 2,609.01 D None of These
What is the total amount of cash deposited in Bank of London A/c (Lombard Street
Q27 Branch) in the month of April
A 505,00,000.00 B 502,00,000.00 C 506,00,000.00 D None of These

What is the total Expense Paid by cash during the period 11/4/2013 to 13/5/2013
Q28
A 2,96,285.00 B 2,96,286.00 C 2,96,282.00 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q29 5/4/2013 to 15/5/2013
A 5,68,533.15 B 5,68,533.14 C 5,68,533.16 D None of These

What was the Stock value of Television (Onida) 21" 1x1 as on 30/5/2013
Q30
A 118,62,358.40 B 118,62,358.36 C 118,62,358.39 D None of These
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What is the Gross COST OF SALE of Stapler Pin (Camel) 1x8x6sold during the period
Q31 13/4/2013 to 22/5/2013
A 12,116.15 B 12,116.14 C 12,116.17 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned by customers during the
Q32 period 11/4/2013 to 19/5/2013
A 50.00 B 10.00 C 40.00 D None of These

What was the Total Bank balance as on 29/4/2013

Q33
A 1234,81,063.59 B 1234,81,063.61 C 1234,81,063.58 D None of These
what was the highest amount of cash balance held during the period 18/4/2013 to
Q34 15/5/2013
A 63,21,719.48 B 63,21,719.52 C 63,21,719.50 D None of These

What is the total Cash sale (Net) of Food Items during the period 7/4/2013 to 11/5/2013
Q35
A 2,05,200.00 B 2,05,199.00 C 2,05,201.00 D None of These

What is the Quick Ratio as on 13/4/2013

Q36
A 1.81 B 1.80 C 1.84 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 14/4/2013
Q37 to 22/5/2013
A 81,59,964.51 B 81,59,964.48 C 81,59,964.49 D None of These
What is the Maximum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q38 in the month of May
A 4,50,643.98 B 4,50,644.00 C 4,50,643.96 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 25/4/2013
Q39
A 2,79,619.00 B 2,79,615.00 C 2,79,618.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 29/4/2013

Q40
A 637,24,427.68 B 637,24,427.70 C 637,24,427.69 D None of These
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What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q41 April
A 70,049.00 B 0.00 C 56,105.00 D None of These

What is the total expense incurred as upto 25/5/2013

Q42
A 6,94,440.00 B 6,94,470.00 C 6,94,460.00 D None of These

What is the Profit or Loss as on 29/4/2013

Q43
A 1,61,831.59 B 1,61,831.61 C 1,61,831.57 D None of These

What is the total amount payable to Creditors as on 21/5/2013

Q44
A 393,14,481.72 B 393,14,481.75 C 393,14,481.73 D None of These

What is the total Net Credit Sale (Less Returns) as on 28/5/2013

Q45
A 67,07,669.00 B 67,07,668.00 C 67,07,665.00 D None of These

What is the total Sale (Less Returns) as on 21/5/2013

Q46
A 80,33,330.00 B 80,33,350.00 C 80,33,370.00 D None of These
What is the Quantity of Television (Philips)32" 1x1 returned to suppliers during the
Q47 period 12/4/2013 to 22/5/2013
A 10.00 B 40.00 C 50.00 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 5/4/2013
Q48 to 25/5/2013
A 101,66,213.36 B 101,66,213.34 C 101,66,213.32 D None of These

What is the total Net Cash Purchase (Less Returns) as on 16/5/2013

Q49
A 42,16,627.49 B 42,16,627.52 C 42,16,627.50 D None of These
What is the total value of fixed assets purchased during the period 3/4/2013 to
Q50 16/5/2013
A 357,31,000.00 B 357,30,700.00 C 357,30,900.00 D None of These
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What is the Minimum Quantity of Stock of Television (Onida) 21" 1x1 held in the
Q51 month of May
A 1,327.00 B 1,328.00 C 1,324.00 D None of These
What is the Amount (Gross) of Gum (Fevicol) 1x10x12 purchased during the period
Q52 18/4/2013 to 23/5/2013
A 12,632.39 B 12,632.41 C 12,632.38 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q53 Branch) during the period 5/4/2013 to 2/5/2013
A 81,85,403.62 B 81,85,403.58 C 81,85,403.60 D None of These

What is the total Net Cash Sale (Less Returns) as on 22/5/2013

Q54
A 22,18,322.00 B 22,18,321.00 C 22,18,319.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q55 20/4/2013 to 5/5/2013
A 9,00,091.00 B 9,00,090.00 C 9,00,088.00 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q56 during the period 3/4/2013 to 29/5/2013
A 11,92,661.00 B 11,92,663.00 C 11,92,659.00 D None of These

What is the total Purchase (Less Returns) as on 23/4/2013

Q57
A 642,31,678.84 B 642,31,678.81 C 642,31,678.80 D None of These

What is the total amount payable to Suppliers as on 22/5/2013

Q58
A 280,54,481.71 B 280,54,481.72 C 280,54,481.73 D None of These
What is the total payment made to Yorkshare Food Products Ltd during the period
Q59 10/4/2013 to 28/5/2013
A 32,56,818.06 B 32,56,818.10 C 32,56,818.08 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 sold during the period
Q60 13/4/2013 to 23/5/2013
A 38.00 B 35.00 C 39.00 D None of These
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What was the Quantity of Stock of Refrigerator (Kelvinator) 1x1 as on 12/5/2013

Q61
A 1,392.00 B 1,391.00 C 1,388.00 D None of These

What is balance payable to Penmart Stationery Mall as on 8/5/2013

Q62
A 42,119.43 B 42,119.45 C 42,119.41 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q63 8/4/2013 to 20/5/2013
A 0.00 B 72,954.00 C 80,564.00 D None of These
What was the Rate of Stock balance of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q64 21/5/2013
A 83.41 B 83.43 C 83.42 D None of These
What is the Average Quantity of Stock of Gum (Fevicol) 1x10x12 held during the
Q65 period 3/4/2013 to 12/5/2013
A 12,287.00 B 12,284.00 C 12,288.00 D None of These
What is the lowest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q66 period 17/4/2013 to 16/5/2013
A 5.27 B 5.26 C 5.28 D None of These
What is the lowest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q67 period 2/4/2013 to 21/5/2013
A 322.00 B 325.00 C 326.00 D None of These
What is the total amount of cash deposited in banks during the period 12/4/2013 to
Q68 21/5/2013
A 5,50,000.00 B 5,90,000.00 C 5,80,000.00 D None of These

what is the minimum cash balance held during the period 5/4/2013 to 12/5/2013
Q69
A 9,99,130.00 B 9,99,131.00 C 9,99,127.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q70 Branch) in the month ofMay
A 80,00,000.00 B 40,00,000.00 C 70,00,000.00 D None of These
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What is the Total Net Sale of Television (Onida) 21" 1x1 during the period 19/4/2013 to
Q71 19/5/2013
A 6,78,502.00 B 6,78,498.00 C 6,78,500.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q72
A 7,00,000.00 B 8,00,000.00 C 4,00,000.00 D None of These

What was the Average Cash balance held during the period 11/4/2013 to 24/5/2013
Q73
A 23,98,747.35 B 23,98,747.34 C 23,98,747.37 D None of These
What is the collection from customers through Bank Accounts during the period
Q74 12/4/2013 to 28/5/2013
A 35,69,142.00 B 35,69,141.00 C 35,69,139.00 D None of These

What is the total expense of Food & Refreshment as on 27/4/2013

Q75
A 900.00 B 800.00 C 500.00 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q76
A 87,785.00 B 87,786.00 C 87,783.00 D None of These

What was the Cash Balance as on 11/5/2013

Q77
A 21,83,483.00 B 21,83,480.00 C 21,83,482.00 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q78 period 11/4/2013 to 21/5/2013
A 180.00 B 190.00 C 200.00 D None of These
What is the total payment received from Debtors during the period 3/4/2013 to
Q79 17/5/2013
A 36,11,537.00 B 36,11,536.00 C 36,11,534.00 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q80 7/4/2013 to 19/5/2013
A 6,978.00 B 6,979.00 C 6,980.00 D None of These
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What is the total net sales (Less Returns) of Electronic Items during the period 6/4/2013
Q81 to 18/5/2013
A 68,27,950.00 B 68,27,930.00 C 68,27,970.00 D None of These
What is the total quantity (Net) of Television (Onida) 21" 1x1 Purchased during the
Q82 period 20/4/2013 to 28/5/2013
A 258.00 B 262.00 C 260.00 D None of These
What is the Minimum Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 held in the
Q83 month of April
A 9,94,125.61 B 9,94,125.60 C 9,94,125.63 D None of These

What is the Total Net Sale of Electronic Items during the period 11/4/2013 to 22/5/2013
Q84
A 57,40,702.00 B 57,40,705.00 C 57,40,706.00 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q85 period 5/4/2013 to 30/5/2013
A 10.00 B 8.00 C 12.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q86 (Churchil Way Branch) in May
A 8,00,246.00 B 8,00,247.00 C 8,00,248.00 D None of These

How much Cash is paid to Suppliers during the Period 10/4/2013 to 17/5/2013
Q87
A 4,77,000.00 B 4,80,000.00 C 4,81,000.00 D None of These
What is the Average Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q88 during the period 12/4/2013 to 24/5/2013
A 4,39,998.44 B 4,39,998.46 C 4,39,998.42 D None of These

What is the total amount receivable from Debtors as on 20/5/2013

Q89
A 18,53,234.00 B 18,53,236.00 C 18,53,238.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q90 5/4/2013 to 3/5/2013
A 275,11,696.38 B 275,11,696.40 C 275,11,696.42 D None of These
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What is the Average Daily Expense of the company during the period 10/4/2013 to
Q91 14/5/2013
A 18,958.28 B 18,958.31 C 18,958.29 D None of These

What is the total Salary expense in the month of April

Q92
A 4,85,000.00 B 4,88,000.00 C 4,87,000.00 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q93 A/c as on 3/5/2013
A 6,43,780.00 B 6,43,777.00 C 6,43,779.00 D None of These
What is the highest Rate at which Lipton Brue Coffee 250gm 1x2x8 purchased during
Q94 the period 10/4/2013 to 25/5/2013
A 207.55 B 207.57 C 207.59 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q95 13/4/2013 to 30/5/2013
A 3,01,174.00 B 3,01,176.00 C 3,01,172.00 D None of These

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

Q96
A 84,706.00 B 84,707.00 C 84,708.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q97 TRANSACTIONS
A 2.00 B 6.00 C 4.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 26/5/2013
Q98
A 439,27,319.68 B 439,27,319.66 C 439,27,319.70 D None of These

What is the value of Total Stock as on 3/4/2013

Q99
A 567,80,330.66 B 567,80,330.64 C 567,80,330.63 D None of These

What was the Average Bank balance held during the period 13/4/2013 to 23/5/2013
Q100
A 1156,24,922.41 B 1156,24,922.43 C 1156,24,922.45 D None of These