International Institute of Certified Accountants

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What is the total net Purchases (Less Returns) of Stationery Items during the period
Q1 6/4/2013 to 3/5/2013
A 1,60,976.00 B 1,60,976.01 C 1,60,976.02 D None of These

What is the Gross Profit Ratio as on 25/5/2013

Q2
A 0.06 B 0.08 C 0.04 D None of These

What is the total value of Vehicles as on 18/5/2013

Q3
A 4,08,000.00 B 4,07,000.00 C 4,09,000.00 D None of These

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

Q4
A 47,76,703.00 B 47,76,702.00 C 47,76,699.00 D None of These

What is the total Gross sale of Electronic Items as on 11/5/2013

Q5
A 49,97,309.00 B 49,97,313.00 C 49,97,311.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q6 Branch) during the period 10/4/2013 to 14/5/2013
A 111,51,767.66 B 111,51,767.67 C 111,51,767.68 D None of These

What was the Quantity of Stock of Stapler Pin (Camel) 1x8x6 as on 8/5/2013
Q7
A 15,341.00 B 15,338.00 C 15,339.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 21/4/2013
Q8
A 230,42,223.00 B 230,42,225.00 C 230,42,227.00 D None of These
What is the lowest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q9 period 6/4/2013 to 22/5/2013
A 5.24 B 5.27 C 5.25 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil Way
Q10 Branch) in the month ofApril
A 7,00,000.00 B 5,00,000.00 C 9,00,000.00 D None of These
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What is the Amount (Gross) of Television (Philips)32" 1x1 purchased during the period
Q11 19/4/2013 to 19/5/2013
A 51,84,446.61 B 51,84,446.65 C 51,84,446.63 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q12 Branch) during the period 12/4/2013 to 1/5/2013
A 4,37,594.00 B 4,37,596.00 C 4,37,592.00 D None of These
What is the total amount of sales return of Stationery Items during the period 4/4/2013
Q13 to 29/5/2013
A 380.00 B 400.00 C 390.00 D None of These

What was the Total Bank balance as on 20/5/2013

Q14
A 889,85,109.06 B 889,85,109.08 C 889,85,109.07 D None of These

What is the total expense incurred during the period 4/4/2013 to 18/5/2013
Q15
A 6,67,927.00 B 6,67,924.00 C 6,67,928.00 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q16 13/4/2013 to 31/5/2013
A 8.00 B 9.00 C 5.00 D None of These

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

Q17
A 58,319.20 B 58,319.18 C 58,319.19 D None of These
What is the Average Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 held
Q18 during the period 18/4/2013 to 12/5/2013
A 4,971.00 B 4,972.00 C 4,970.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q19 period 8/4/2013 to 31/5/2013
A 18.00 B 16.00 C 19.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q20 8/4/2013 to 14/5/2013
A 231.06 B 231.08 C 231.10 D None of These
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What is the Profit or Loss as on 4/4/2013

Q21
A -19,310.00 B -19,308.00 C -19,309.00 D None of These
What is the total payment made to Sanford Electrics Ltd during the period 1/4/2013 to
Q22 21/5/2013
A 0.00 B 66,577.00 C 41,090.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 11/4/2013
Q23 to 27/5/2013
A 81,70,063.75 B 81,70,063.74 C 81,70,063.77 D None of These

What was the Stock value of Happy Tomato Sauce 250gm 1x8x4x2 as on 23/5/2013
Q24
A 4,50,199.02 B 4,50,199.03 C 4,50,199.05 D None of These
What is the Average Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 held
Q25 during the period 11/4/2013 to 8/5/2013
A 15,25,790.45 B 15,25,790.47 C 15,25,790.49 D None of These

What is the total Net Cash Purchase (Less Returns) as on 19/5/2013

Q26
A 42,16,627.49 B 42,16,627.50 C 42,16,627.52 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q27 15/4/2013 to 5/5/2013
A 194,27,696.40 B 194,27,696.38 C 194,27,696.42 D None of These

What is the value of Total Stock as on 20/5/2013

Q28
A 641,99,171.03 B 641,99,171.02 C 641,99,171.04 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 1/5/2013
Q29
A -33,713.00 B -33,714.00 C -33,716.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q30 (Lombard Street Branch) in April
A 7,82,592.00 B 7,82,596.00 C 7,82,595.00 D None of These
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What is the lowest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q31 period 5/4/2013 to 26/5/2013
A 325.00 B 322.00 C 324.00 D None of These

What is the total Salary expense in the month of May

Q32
A 4,87,000.00 B 4,89,000.00 C 4,85,000.00 D None of These

What is the total Expense Paid by cash during the period 19/4/2013 to 27/5/2013
Q33
A 2,97,900.00 B 2,97,600.00 C 2,98,000.00 D None of These
What is the total amount of cash deposited in banks during the period 6/4/2013 to
Q34 7/5/2013
A 7,00,000.00 B 8,00,000.00 C 5,00,000.00 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q35 the period 8/4/2013 to 26/5/2013
A 23.91 B 23.87 C 23.89 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 6/4/2013
Q36 to 14/5/2013
A 2,97,173.00 B 2,97,175.00 C 2,97,174.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 20/4/2013
Q37
A 427,73,232.33 B 427,73,232.31 C 427,73,232.34 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q38
A 235,11,696.40 B 235,11,696.38 C 235,11,696.42 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 18/5/2013
Q39
A 397,20,337.52 B 397,20,337.51 C 397,20,337.54 D None of These

What is the total Sale (Less Returns) as on 10/5/2013

Q40
A 53,43,257.00 B 53,43,253.00 C 53,43,256.00 D None of These
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What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 sold during the
Q41 period 18/4/2013 to 27/5/2013
A 700.00 B 600.00 C 400.00 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 2/4/2013 to
Q42 12/5/2013
A 31,351.00 B 31,347.00 C 31,350.00 D None of These

What is the total expense incurred as upto 26/4/2013

Q43
A 81,350.00 B 81,340.00 C 81,310.00 D None of These

What is the total amount payable to Suppliers as on 30/5/2013

Q44
A 198,75,226.18 B 198,75,226.16 C 198,75,226.20 D None of These
What is the Gross COST OF SALE of Television (Onida) 21" 1x1sold during the period
Q45 9/4/2013 to 30/5/2013
A 14,21,945.93 B 14,21,945.95 C 14,21,945.92 D None of These
What is the Maximum Amount of Stock of Television (Onida) 21" 1x1 held in the
Q46 month of May
A 121,80,651.35 B 121,80,651.39 C 121,80,651.37 D None of These

What is the total collection from customers through Bank accounts as on 14/5/2013
Q47
A 25,95,985.00 B 25,95,987.00 C 25,95,983.00 D None of These
What is the Total Net Sale of Punching Machine (Kores) 1x4x12 during the period
Q48 4/4/2013 to 17/5/2013
A 71,874.00 B 71,872.00 C 71,876.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q49
A 1,215.74 B 1,215.77 C 1,215.75 D None of These

What is the Profit or Loss as on 24/4/2013

Q50
A 1,68,438.16 B 1,68,438.12 C 1,68,438.14 D None of These
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What is the Profit or Loss as on 29/5/2013

Q51
A -1,49,060.65 B -1,49,060.64 C -1,49,060.66 D None of These

What was the Rate of Stock balance of Television (Philips)32" 1x1 as on 22/4/2013
Q52
A 28,093.85 B 28,093.83 C 28,093.81 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q53 A/c in April
A 41,74,525.13 B 41,74,525.11 C 41,74,525.10 D None of These

What is the total Cash payment made to Penmark Stationery Mall

Q54
A 77,000.00 B 80,000.00 C 81,000.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q55 TRANSACTIONS
A 2.00 B 4.00 C 6.00 D None of These
What is the total amount of cash withdrawn from banks during the period 2/4/2013 to
Q56 17/5/2013
A 55,80,000.00 B 55,90,000.00 C 55,50,000.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 5/4/2013
Q57 to 14/5/2013
A 99,480.00 B 99,460.00 C 99,440.00 D None of These

What is the Total Net Sale of Electronic Items during the period 2/4/2013 to 31/5/2013
Q58
A 75,55,787.00 B 75,55,786.00 C 75,55,783.00 D None of These
What is the Minimum Quantity of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q59 month of April
A 1,159.00 B 1,161.00 C 1,158.00 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of April
Q60
A 52,098.00 B 24,967.00 C 0.00 D None of These
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What is the total Cheques collected from Brinxton Hyper Mall in May
Q61
A 1,50,248.00 B 1,50,245.00 C 1,50,247.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q62 14/4/2013 to 25/5/2013
A 55,91,053.00 B 55,91,057.00 C 55,91,055.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 17/4/2013 to
Q63 1/5/2013
A 4,79,089.00 B 4,79,092.00 C 4,79,093.00 D None of These
What is the total payment received from Debtors during the period 12/4/2013 to
Q64 23/5/2013
A 39,86,110.00 B 39,86,140.00 C 39,86,150.00 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in April
Q65
A 5,00,000.00 B 6,00,000.00 C 4,00,000.00 D None of These

What was the Average Cash balance held during the period 9/4/2013 to 16/5/2013
Q66
A 20,88,681.21 B 20,88,681.22 C 20,88,681.24 D None of These

what is the minimum cash balance held during the period 9/4/2013 to 6/5/2013
Q67
A 10,93,050.00 B 10,93,020.00 C 10,93,060.00 D None of These

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

Q68
A 639,26,272.83 B 639,26,272.82 C 639,26,272.85 D None of These

What is the total amount receivable from Debtors as on 17/5/2013

Q69
A 16,32,562.00 B 16,32,566.00 C 16,32,565.00 D None of These

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

Q70
A 21,85,065.00 B 21,85,068.00 C 21,85,069.00 D None of These
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What is the total Cash Purchase (Net) of Food Items during the period 1/4/2013 to
Q71 24/5/2013
A 2,62,770.00 B 2,62,771.00 C 2,62,772.00 D None of These

What is the total amount payable to Creditors as on 27/5/2013

Q72
A 331,41,226.16 B 331,41,226.20 C 331,41,226.19 D None of These

What is balance payable to Shefield Real Estate Company A/cas on 7/5/2013

Q73
A 130,00,000.00 B 90,00,000.00 C 110,00,000.00 D None of These

What is the Currrent Ratio as on 26/4/2013

Q74
A 2.74 B 2.76 C 2.72 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q75 1/4/2013 to 19/5/2013
A 16,536.00 B 71,721.00 C 0.00 D None of These
What is the Maximum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 in
Q76 business
A 5,566.00 B 5,567.00 C 5,563.00 D None of These
what was the highest amount of cash balance held during the period 19/4/2013 to
Q77 13/5/2013
A 23,21,734.00 B 23,21,737.00 C 23,21,736.00 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q78 the period 17/4/2013 to 30/5/2013
A 2,114.00 B 2,112.00 C 2,115.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 10/4/2013
Q79 to 26/5/2013
A 2,24,486.50 B 2,24,486.52 C 2,24,486.49 D None of These

What is the total payment made to Creditors during the period 15/4/2013 to 20/5/2013
Q80
A 503,65,097.90 B 503,65,097.92 C 503,65,097.91 D None of These
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What was the Average Bank balance held during the period 3/4/2013 to 23/5/2013
Q81
A 1216,12,270.96 B 1216,12,270.98 C 1216,12,271.00 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned by customers during
Q82 the period 2/4/2013 to 18/5/2013
A 6.00 B 8.00 C 7.00 D None of These
What is the total value of fixed assets purchased during the period 4/4/2013 to
Q83 25/5/2013
A 237,13,900.00 B 237,13,600.00 C 237,14,000.00 D None of These
What is the total quantity (Net) of Lipton Brue Coffee 250gm 1x2x8 Sold during the
Q84 period 18/4/2013 to 29/5/2013
A 1,370.00 B 1,340.00 C 1,380.00 D None of These
What is the Average Daily Expense of the company during the period 1/4/2013 to
Q85 17/5/2013
A 14,549.04 B 14,549.02 C 14,549.06 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in May
Q86
A 260,00,000.00 B 270,00,000.00 C 240,00,000.00 D None of These

What was the Cash Balance as on 25/5/2013

Q87
A 36,61,931.49 B 36,61,931.51 C 36,61,931.52 D None of These

What is the total Gross Purchase of Food Items as on 27/5/2013

Q88
A 41,34,938.90 B 41,34,938.86 C 41,34,938.87 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q89 Branch) as on 30/4/2013
A 81,85,403.58 B 81,85,403.60 C 81,85,403.62 D None of These

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

Q90
A 642,31,678.81 B 642,31,678.82 C 642,31,678.84 D None of These
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What is the Minimum Amount of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q91 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 amount collected from customers through Bank Accounts in May
Q92
A 27,15,545.00 B 27,15,543.00 C 27,15,542.00 D None of These
How much Cash is received (Gross) from Customers during the period 4/4/2013 to
Q93 9/5/2013
A 6,80,000.00 B 6,76,000.00 C 6,79,000.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q94 20/4/2013 to 14/5/2013
A 18,60,987.00 B 18,60,983.00 C 18,60,986.00 D None of These
What is the lowest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q95 the period 14/4/2013 to 24/5/2013
A 48.00 B 52.00 C 51.00 D None of These

What is the total expense of Repairs & Maintenance as on 25/5/2013

Q96
A 1,110.00 B 1,070.00 C 1,100.00 D None of These
What is the total quantity (Net) of Gum (Fevicol) 1x10x12 Purchased during the period
Q97 20/4/2013 to 29/5/2013
A 5,156.00 B 5,155.00 C 5,157.00 D None of These

How much Cash is paid to Suppliers during the Period 5/4/2013 to 9/5/2013
Q98
A 3,70,000.00 B 3,71,000.00 C 3,67,000.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q99 Street Branch) as on 27/4/2013
A 7,82,594.00 B 7,82,592.00 C 7,82,595.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 sold during the period
Q100 7/4/2013 to 22/5/2013
A 11.00 B 14.00 C 15.00 D None of These