International Institute of Certified Accountants

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What is the highest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q1 15/4/2013 to 15/5/2013
A 2.86 B 2.88 C 2.84 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q2
A 1,215.75 B 1,215.73 C 1,215.77 D None of These
What is the total collection from customers through Bank of London A/c (Churchil
Q3 Way Branch) as on 26/4/2013
A 4,20,000.00 B 4,30,000.00 C 3,90,000.00 D None of These
How much Cash is received (Gross) from Customers during the period 19/4/2013 to
Q4 19/5/2013
A 7,86,000.00 B 7,90,000.00 C 7,89,000.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 8/4/2013 to
Q5 20/5/2013
A 19,43,964.00 B 19,43,965.00 C 19,43,962.00 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 5/4/2013
Q6 to 22/5/2013
A 103,68,932.47 B 103,68,932.49 C 103,68,932.51 D None of These
What is the total payment made to Yorkshare Food Products Ltd during the period
Q7 4/4/2013 to 19/5/2013
A 32,56,818.08 B 32,56,818.06 C 32,56,818.10 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q8 9/4/2013 to 18/5/2013
A 231.10 B 231.08 C 231.07 D None of These
what was the highest amount of cash balance held during the period 2/4/2013 to
Q9 7/5/2013
A 24,37,607.00 B 24,37,605.00 C 24,37,606.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q10 TRANSACTIONS
A 4.00 B 2.00 C 5.00 D None of These
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What was the Total Bank balance as on 19/4/2013

Q11
A 1284,61,707.18 B 1284,61,707.22 C 1284,61,707.20 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q12
A 20,95,983.00 B 20,95,987.00 C 20,95,985.00 D None of These

What is balance payable to Brixton Foods Ltd as on 20/5/2013

Q13
A 58,319.18 B 58,319.19 C 58,319.22 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 1/4/2013
Q14 to 18/5/2013
A 3,00,927.00 B 3,00,926.00 C 3,00,928.00 D None of These
What is the total amount of cash withdrawn from banks during the period 7/4/2013 to
Q15 6/5/2013
A 30,00,000.00 B 40,00,000.00 C 10,00,000.00 D None of These
What is the Gross COST OF SALE of Television (Onida) 21" 1x1sold during the period
Q16 15/4/2013 to 17/5/2013
A 5,75,312.13 B 5,75,312.15 C 5,75,312.16 D None of These
What is the Minimum Amount of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q17 month of May
A 85,90,387.33 B 85,90,387.29 C 85,90,387.31 D None of These

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

Q18
A 3,05,905.00 B 3,05,908.00 C 3,05,907.00 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q19 6/4/2013 to 31/5/2013
A 6,532.00 B 6,536.00 C 6,534.00 D None of These

What is the total value of Building as on 27/5/2013

Q20
A 190,00,000.00 B 160,00,000.00 C 200,00,000.00 D None of These
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What is the value of Total Stock as on 12/4/2013

Q21
A 575,19,249.86 B 575,19,249.85 C 575,19,249.88 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q22
A 235,11,696.38 B 235,11,696.42 C 235,11,696.39 D None of These

What is the Total Net Sale of Electronic Items during the period 12/4/2013 to 30/5/2013
Q23
A 64,86,394.00 B 64,86,392.00 C 64,86,395.00 D None of These

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

Q24
A 82,38,036.00 B 82,38,032.00 C 82,38,034.00 D None of These

What is the total amount of cheque paid to Penmark Stationery Mall in April
Q25
A 2,52,000.00 B 2,56,000.00 C 2,55,000.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q26 11/4/2013 to 16/5/2013
A 29,25,538.00 B 29,25,534.00 C 29,25,537.00 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned by customers
Q27 during the period 12/4/2013 to 17/5/2013
A 8.00 B 10.00 C 7.00 D None of These

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

Q28
A 675,96,132.29 B 675,96,132.27 C 675,96,132.26 D None of These

What was the Average Cash balance held during the period 3/4/2013 to 16/5/2013
Q29
A 19,28,814.27 B 19,28,814.29 C 19,28,814.26 D None of These
What is the total amount of sales return of Stationery Items during the period 3/4/2013
Q30 to 7/5/2013
A 194.00 B 192.00 C 195.00 D None of These
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What is the collection from customers through Bank of London A/c (Lombard Street
Q31 Branch) during the period 12/4/2013 to 8/5/2013
A 4,37,596.00 B 4,37,595.00 C 4,37,592.00 D None of These

What is the Debt-Equity Ratio as on 14/4/2013

Q32
A 0.52 B 0.51 C 0.54 D None of These
What is the total amount of cash deposited in banks during the period 1/4/2013 to
Q33 10/5/2013
A 1499,00,000.00 B 1501,00,000.00 C 1503,00,000.00 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q34 during the period 7/4/2013 to 28/5/2013
A 121,96,184.26 B 121,96,184.22 C 121,96,184.25 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q35 period 7/4/2013 to 21/5/2013
A 38.00 B 37.00 C 34.00 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Purchased during
Q36 the period 18/4/2013 to 23/5/2013
A 7,966.00 B 7,965.00 C 7,963.00 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q37 A/c in May
A 100,75,451.34 B 100,75,451.31 C 100,75,451.30 D None of These
What is the total payment received from Brinxton Hyper Mall during the period
Q38 8/4/2013 to 31/5/2013
A 4,94,040.00 B 4,94,020.00 C 4,94,050.00 D None of These
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q39 A/cin the month ofMay
A 50,000.00 B 80,000.00 C 70,000.00 D None of These
What was the Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q40 26/4/2013
A 5,075.00 B 5,076.00 C 5,077.00 D None of These
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What is the total collection from customers through Bank accounts as on 9/5/2013
Q41
A 23,95,984.00 B 23,95,986.00 C 23,95,987.00 D None of These
What is the lowest Quantity of Television (Philips)32" 1x1 purchased during the period
Q42 20/4/2013 to 30/5/2013
A 7.00 B 10.00 C 9.00 D None of These

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

Q43
A 377,14,841.42 B 377,14,841.43 C 377,14,841.44 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 2/4/2013 to
Q44 21/4/2013
A 2,05,480.00 B 2,05,470.00 C 2,05,440.00 D None of These

What is the total Expense Paid by cash during the period 9/4/2013 to 25/5/2013
Q45
A 3,01,286.00 B 3,01,289.00 C 3,01,288.00 D None of These

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

Q46
A 566,14,581.06 B 566,14,581.07 C 566,14,581.05 D None of These
What is the Average Quantity of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q47 period 25/4/2013 to 7/5/2013
A 1,302.00 B 1,301.00 C 1,298.00 D None of These

What is the Currrent Ratio as on 11/4/2013

Q48
A 2.48 B 2.46 C 2.47 D None of These
What is the Total Net Sale of Gum (Fevicol) 1x10x12 during the period 6/4/2013 to
Q49 18/5/2013
A 6,222.00 B 6,220.00 C 6,221.00 D None of These

What is the total expense of Petrol & Diesel as on 2/5/2013

Q50
A 780.00 B 800.00 C 820.00 D None of These
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What is balance payable to Pentas Computer World A/cas on 14/5/2013

Q51
A 0.00 B 44,414.00 C 13,815.00 D None of These

What was the Rate of Stock balance of Gum (Fevicol) 1x10x12 as on 19/4/2013
Q52
A 2.69 B 2.70 C 2.72 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q53 the period 15/4/2013 to 15/5/2013
A 436.00 B 435.00 C 432.00 D None of These

What is the total Salary expense in the month of April

Q54
A 4,87,000.00 B 4,85,000.00 C 4,88,000.00 D None of These
What is the Average Daily Expense of the company during the period 12/4/2013 to
Q55 15/5/2013
A 19,510.74 B 19,510.76 C 19,510.72 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q56 16/4/2013 to 14/5/2013
A 12,47,657.00 B 12,47,658.00 C 12,47,656.00 D None of These

What was the Cash Balance as on 3/5/2013

Q57
A 19,27,561.00 B 19,27,558.00 C 19,27,560.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q58 A/c as on 26/4/2013
A 41,74,525.10 B 41,74,525.12 C 41,74,525.14 D None of These
What is the total Credit sale (Net) of Food Items during the period 3/4/2013 to
Q59 15/5/2013
A 6,19,996.00 B 6,19,994.00 C 6,19,997.00 D None of These

What is the Profit or Loss as on 21/4/2013

Q60
A 1,34,077.20 B 1,34,077.24 C 1,34,077.22 D None of These
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What is the total payment made to Creditors during the period 14/4/2013 to 25/5/2013
Q61
A 605,33,029.66 B 605,33,029.67 C 605,33,029.68 D None of These
What is the Maximum Amount of Stock of Punching Machine (Kores) 1x4x12 held in
Q62 the month of April
A 3,27,761.42 B 3,27,761.44 C 3,27,761.46 D None of These

What is the total Cheques collected from Lamson Grocery Shop in April
Q63
A 30,00,000.00 B 10,00,000.00 C 50,00,000.00 D None of These

What is the total expense incurred during the period 17/4/2013 to 29/5/2013
Q64
A 6,49,669.00 B 6,49,665.00 C 6,49,668.00 D None of These
What is the total payment received from Debtors during the period 13/4/2013 to
Q65 15/5/2013
A 29,26,983.00 B 29,26,985.00 C 29,26,987.00 D None of These
What is the Amount (Gross) of Refrigerator (Kelvinator) 1x1 purchased during the
Q66 period 15/4/2013 to 20/5/2013
A 19,55,362.34 B 19,55,362.32 C 19,55,362.30 D None of These

What is the total amount receivable from Debtors as on 26/5/2013

Q67
A 19,07,530.00 B 19,07,526.00 C 19,07,529.00 D None of These

What is the Profit or Loss as on 30/5/2013

Q68
A -1,49,060.64 B -1,49,060.62 C -1,49,060.66 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 6/4/2013
Q69 to 16/5/2013
A 8,54,080.77 B 8,54,080.76 C 8,54,080.75 D None of These

what is the minimum cash balance held during the period 20/4/2013 to 7/5/2013
Q70
A 18,34,129.00 B 18,34,133.00 C 18,34,132.00 D None of These
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What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q71 in the month of April
A 5,076.00 B 5,077.00 C 5,075.00 D None of These

What was the Average Bank balance held during the period 5/4/2013 to 20/5/2013
Q72
A 1229,21,823.85 B 1229,21,823.87 C 1229,21,823.83 D None of These

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

Q73
A 6,86,563.00 B 6,86,561.00 C 6,86,559.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 13/5/2013

Q74
A 52,44,098.00 B 52,44,099.00 C 52,44,096.00 D None of These
What is the highest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q75 period 2/4/2013 to 17/5/2013
A 446.00 B 442.00 C 445.00 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in May
Q76
A 10,000.00 B 50,000.00 C 30,000.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 18/4/2013
Q77 to 26/5/2013
A 75,59,964.51 B 75,59,964.48 C 75,59,964.52 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 27/4/2013
Q78
A 195,11,696.38 B 195,11,696.40 C 195,11,696.42 D None of These

What is the total Net Credit Purchase (Less Returns) as on 17/5/2013

Q79
A 673,48,523.50 B 673,48,523.49 C 673,48,523.51 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 20/4/2013
Q80
A 2,79,619.00 B 2,79,617.00 C 2,79,615.00 D None of These
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What is the total value of fixed assets purchased during the period 7/4/2013 to
Q81 16/5/2013
A 77,08,000.00 B 77,07,600.00 C 77,07,900.00 D None of These

What is the Profit or Loss as on 13/4/2013

Q82
A 1,08,879.28 B 1,08,879.26 C 1,08,879.29 D None of These
What is the Average Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q83 during the period 10/4/2013 to 16/5/2013
A 4,39,809.97 B 4,39,809.99 C 4,39,809.96 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 sold during the period
Q84 11/4/2013 to 23/5/2013
A 15.00 B 13.00 C 14.00 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 20/5/2013
Q85
A 340,73,837.00 B 340,73,834.00 C 340,73,836.00 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Sold during the period
Q86 27/4/2013 to 19/5/2013
A 73.00 B 75.00 C 71.00 D None of These
What is the Quantity of Nido Milk Powder 500gm 1x4x2x6 returned to suppliers during
Q87 the period 12/4/2013 to 30/5/2013
A 4.00 B 8.00 C 6.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q88 12/4/2013 to 23/5/2013
A 1,11,930.00 B 1,11,931.00 C 1,11,928.00 D None of These
What is the total amount of cash deposited in City Bank (Lombard Street Branch) A/c in
Q89 the month of May
A 1,00,000.00 B 4,00,000.00 C 5,00,000.00 D None of These

How much Cash is paid to Suppliers during the Period 19/4/2013 to 13/5/2013
Q90
A 2,71,000.00 B 2,67,000.00 C 2,70,000.00 D None of These
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What is the total expense incurred as upto 21/5/2013

Q91
A 6,87,767.00 B 6,87,765.00 C 6,87,769.00 D None of These
What is the total amount collected from customers through City Bank (Lombard Street
Q92 Branch) A/c in April
A 6,43,779.00 B 6,43,776.00 C 6,43,778.00 D None of These
What is the lowest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q93 period 2/4/2013 to 16/5/2013
A 5.24 B 5.27 C 5.25 D None of These

What is the total Cash payment made to Penmark Stationery Mall

Q94
A 77,000.00 B 79,000.00 C 80,000.00 D None of These

What is the total Sale (Less Returns) as on 31/5/2013

Q95
A 88,92,730.00 B 88,92,760.00 C 88,92,770.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q96 7/4/2013 to 30/4/2013
A 235,11,696.38 B 235,11,696.42 C 235,11,696.40 D None of These

What is the total amount payable to Creditors other than suppliers as upto 17/5/2013
Q97
A 194,10,000.00 B 194,40,000.00 C 194,30,000.00 D None of These
What is the Maximum Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 in
Q98 business
A 5,274.00 B 5,275.00 C 5,273.00 D None of These

What is the total Purchase (Less Returns) as on 13/5/2013

Q99
A 676,65,803.01 B 676,65,802.97 C 676,65,802.99 D None of These

What was the Stock value of Lipton Brue Coffee 250gm 1x2x8 as on 12/4/2013
Q100
A 9,94,125.62 B 9,94,125.59 C 9,94,125.63 D None of These