International Institute of Certified Accountants

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What is the total collection from customers through Bank accounts as on 23/4/2013
Q1
A 10,36,000.00 B 10,38,000.00 C 10,39,000.00 D None of These

What is the total payment made to Creditors during the period 1/4/2013 to 30/5/2013
Q2
A 746,27,029.70 B 746,27,029.68 C 746,27,029.67 D None of These

What is the total amount receivable from Debtors as on 27/4/2013

Q3
A 14,22,661.00 B 14,22,657.00 C 14,22,660.00 D None of These

What is the Profit or Loss as on 18/4/2013

Q4
A 1,72,073.06 B 1,72,073.05 C 1,72,073.04 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q5 Branch) as on 3/5/2013
A 81,85,403.62 B 81,85,403.60 C 81,85,403.58 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period
Q6 10/4/2013 to 20/5/2013
A 9,76,215.58 B 9,76,215.56 C 9,76,215.54 D None of These

What is the total Net Cash Sale (Less Returns) as on 22/4/2013

Q7
A 5,42,412.00 B 5,42,415.00 C 5,42,416.00 D None of These

What is the value of Total Stock as on 18/5/2013

Q8
A 640,10,892.06 B 640,10,892.09 C 640,10,892.07 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q9 16/4/2013 to 17/5/2013
A 52,30,271.00 B 52,30,269.00 C 52,30,272.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 24/4/2013

Q10
A 3,06,990.00 B 3,06,960.00 C 3,07,000.00 D None of These
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What was the Average Cash balance held during the period 19/4/2013 to 29/5/2013
Q11
A 27,11,597.45 B 27,11,597.44 C 27,11,597.47 D None of These

What is the total Purchase (Less Returns) as on 28/4/2013

Q12
A 640,31,387.70 B 640,31,387.68 C 640,31,387.72 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q13 16/4/2013 to 19/5/2013
A 2.84 B 2.88 C 2.86 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q14 Branch) during the period 13/4/2013 to 5/5/2013
A 4,37,596.00 B 4,37,592.00 C 4,37,595.00 D None of These

What is the Debt-Equity Ratio as on 2/5/2013

Q15
A 0.48 B 0.47 C 0.50 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Sold during the
Q16 period 24/4/2013 to 25/5/2013
A 950.00 B 930.00 C 940.00 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q17 period 12/4/2013 to 15/5/2013
A 90.00 B 89.00 C 86.00 D None of These
What is the Average Daily Expense of the company during the period 25/4/2013 to
Q18 12/5/2013
A 33,461.46 B 33,461.42 C 33,461.44 D None of These
what was the highest amount of cash balance held during the period 17/4/2013 to
Q19 27/5/2013
A 63,21,719.50 B 63,21,719.49 C 63,21,719.48 D None of These
What is the highest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q20 during the period 4/4/2013 to 28/5/2013
A 386.00 B 385.00 C 388.00 D None of These
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What is the total Net Credit Purchase (Less Returns) as on 5/5/2013

Q21
A 655,93,537.83 B 655,93,537.82 C 655,93,537.85 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q22 7/4/2013 to 17/5/2013
A 2.25 B 2.27 C 2.24 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in May
Q23
A 50,000.00 B 30,000.00 C 10,000.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 23/4/2013
Q24
A 194,94,292.80 B 194,94,292.82 C 194,94,292.78 D None of These
What is the Amount (Gross) of Television (Onida) 21" 1x1 purchased during the period
Q25 20/4/2013 to 31/5/2013
A 22,41,345.52 B 22,41,345.56 C 22,41,345.55 D None of These

What is the total Telephone expense in the month of April

Q26
A 1,029.00 B 1,028.00 C 1,025.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q27 Branch) during the period 1/4/2013 to 25/5/2013
A 191,67,631.03 B 191,67,631.06 C 191,67,631.04 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q28 12/4/2013 to 16/5/2013
A 2,96,347.00 B 2,96,351.00 C 2,96,350.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q29
A 6,00,000.00 B 4,00,000.00 C 7,00,000.00 D None of These

What is the total Gross sale of Stationery Items as on 19/5/2013

Q30
A 1,31,075.00 B 1,31,077.00 C 1,31,073.00 D None of These
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What is the total amount payable to Creditors as on 27/4/2013

Q31
A 662,95,833.85 B 662,95,833.86 C 662,95,833.87 D None of These
What is the total payment received from Debtors during the period 17/4/2013 to
Q32 16/5/2013
A 28,66,534.00 B 28,66,538.00 C 28,66,537.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 4/4/2013
Q33 to 10/5/2013
A 84,506.00 B 84,503.00 C 84,507.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q34 TRANSACTIONS
A 6.00 B 2.00 C 4.00 D None of These
What is the total amount collected from customers through City Bank (Lombard Street
Q35 Branch) A/c in April
A 6,43,776.00 B 6,43,778.00 C 6,43,779.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 18/4/2013 to
Q36 2/5/2013
A 4,79,093.00 B 4,79,092.00 C 4,79,089.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q37 13/4/2013 to 11/5/2013
A 3,95,575.63 B 3,95,575.59 C 3,95,575.61 D None of These
What is the Quantity of Stapler Pin (Camel) 1x8x6 returned by customers during the
Q38 period 6/4/2013 to 28/5/2013
A 12.00 B 8.00 C 10.00 D None of These
What is the total amount of sales return of Electronic Items during the period 5/4/2013
Q39 to 25/5/2013
A 5,31,520.00 B 5,31,560.00 C 5,31,550.00 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 28/4/2013
Q40
A 404,20,211.40 B 404,20,211.38 C 404,20,211.39 D None of These
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What is the total quantity (Net) of Television (Onida) 21" 1x1 Purchased during the
Q41 period 26/4/2013 to 18/5/2013
A 185.00 B 186.00 C 182.00 D None of These

How much Cash is paid to Suppliers during the Period 12/4/2013 to 9/5/2013
Q42
A 3,69,000.00 B 3,68,000.00 C 3,70,000.00 D None of These

What is the Currrent Ratio as on 31/5/2013

Q43
A 4.89 B 4.91 C 4.87 D None of These
What is the total value of fixed assets purchased during the period 17/4/2013 to
Q44 17/5/2013
A 76,52,900.00 B 76,52,800.00 C 76,52,600.00 D None of These

What was the Average Bank balance held during the period 13/4/2013 to 29/5/2013
Q45
A 1108,56,277.65 B 1108,56,277.64 C 1108,56,277.63 D None of These

What is the Profit or Loss as on 2/5/2013

Q46
A -3,81,986.33 B -3,81,986.34 C -3,81,986.32 D None of These
What is the total amount of cash deposited in banks during the period 20/4/2013 to
Q47 24/5/2013
A 4,50,000.00 B 4,70,000.00 C 4,80,000.00 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q48 ofApril
A 74,639.00 B 66,578.00 C 75,293.00 D None of These
What is the Quantity of Happy Tomato Sauce 250gm 1x8x4x2 returned to suppliers
Q49 during the period 2/4/2013 to 21/5/2013
A 20.00 B 16.00 C 19.00 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 11/4/2013 to
Q50 19/5/2013
A 37,465.00 B 37,466.00 C 37,464.00 D None of These
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What is the total payment made to Penmark Stationery Mall during the period 4/4/2013
Q51 to 22/5/2013
A 3,38,590.71 B 3,38,590.72 C 3,38,590.74 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q52
A 87,787.00 B 87,783.00 C 87,786.00 D None of These

What is the total expense incurred during the period 14/4/2013 to 30/5/2013
Q53
A 6,49,970.00 B 6,49,960.00 C 6,49,940.00 D None of These
What was the Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q54 7/5/2013
A 5,171.00 B 5,174.00 C 5,173.00 D None of These
What was the Rate of Stock balance of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q55 23/5/2013
A 83.44 B 83.45 C 83.41 D None of These

What is the total amount of cheque paid to Penmark Stationery Mall in April
Q56
A 2,55,000.00 B 2,54,000.00 C 2,52,000.00 D None of These
What is the total Cash Purchase (Net) of Stationery Items during the period 1/4/2013 to
Q57 29/4/2013
A 1,01,550.00 B 1,01,520.00 C 1,01,560.00 D None of These

What is the Total Net Sale of Electronic Items during the period 6/4/2013 to 21/5/2013
Q58
A 68,27,930.00 B 68,27,960.00 C 68,27,950.00 D None of These

What was the Total Bank balance as on 27/5/2013

Q59
A 796,85,538.30 B 796,85,538.34 C 796,85,538.31 D None of These

what is the minimum cash balance held during the period 20/4/2013 to 6/5/2013
Q60
A 18,92,955.00 B 18,92,954.00 C 18,92,956.00 D None of These
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What is balance payable to RK Motors Ltd A/cas on 6/5/2013

Q61
A 3,50,000.00 B 3,90,000.00 C 3,70,000.00 D None of These

What is the total amount payable to Suppliers as on 21/4/2013

Q62
A 481,64,980.05 B 481,64,980.03 C 481,64,980.02 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q63 Branch) in April
A 111,51,767.68 B 111,51,767.67 C 111,51,767.70 D None of These

What is the total Cheques collected from Adiison Lee Fancy Shop in April
Q64
A 2,85,000.00 B 2,89,000.00 C 2,88,000.00 D None of These
What is the Total Net Sale of Nido Milk Powder 500gm 1x4x2x6 during the period
Q65 19/4/2013 to 11/5/2013
A 1,09,466.00 B 1,09,464.00 C 1,09,467.00 D None of These
What is the Minimum Amount of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q66 month of May
A 85,90,387.30 B 85,90,387.33 C 85,90,387.31 D None of These
What is the Average Amount of Stock of Television (Philips)32" 1x1 held during the
Q67 period 17/4/2013 to 7/5/2013
A 374,29,331.61 B 374,29,331.62 C 374,29,331.58 D None of These
What is the collection from customers through Bank Accounts during the period
Q68 4/4/2013 to 12/5/2013
A 25,95,987.00 B 25,95,986.00 C 25,95,983.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q69
A 235,11,696.42 B 235,11,696.39 C 235,11,696.41 D None of These

What is the total Sale (Less Returns) as on 11/5/2013

Q70
A 53,43,257.00 B 53,43,255.00 C 53,43,254.00 D None of These
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What is the total Gross Purchase of Electronic Items as on 22/4/2013

Q71
A 603,98,708.28 B 603,98,708.26 C 603,98,708.30 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q72
A 27,15,544.00 B 27,15,545.00 C 27,15,541.00 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q73 1/4/2013 to 19/5/2013
A 6,981.00 B 6,977.00 C 6,979.00 D None of These
What is the lowest Quantity of Punching Machine (Kores) 1x4x12 purchased during the
Q74 period 5/4/2013 to 17/5/2013
A 866.00 B 868.00 C 864.00 D None of These
What is the total amount of cash withdrawn from banks during the period 3/4/2013 to
Q75 5/5/2013
A 17,00,000.00 B 18,00,000.00 C 19,00,000.00 D None of These
What is the Maximum Quantity of Stock of Punching Machine (Kores) 1x4x12 held in
Q76 the month of April
A 13,996.00 B 13,998.00 C 14,000.00 D None of These

What is the total value of Computer as on 10/5/2013

Q77
A 25,000.00 B 23,000.00 C 27,000.00 D None of These
What is the Maximum Amount of Stock of Punching Machine (Kores) 1x4x12 held in
Q78 the month of April
A 3,27,761.43 B 3,27,761.44 C 3,27,761.46 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q79 period 13/4/2013 to 30/5/2013
A 222.00 B 224.00 C 226.00 D None of These

What is balance receivable from Lamson Grocery Shopas on 30/5/2013

Q80
A 2,90,528.00 B 2,90,524.00 C 2,90,526.00 D None of These
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What was the Cash Balance as on 14/4/2013

Q81
A 16,93,020.00 B 16,93,040.00 C 16,93,050.00 D None of These

What was the Stock value of Stapler Pin (Camel) 1x8x6 as on 4/5/2013
Q82
A 84,665.12 B 84,665.10 C 84,665.09 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q83 Branch) in the month of May
A 80,000.00 B 90,000.00 C 50,000.00 D None of These
What is the Gross COST OF SALE of Television (Philips)32" 1x1sold during the period
Q84 7/4/2013 to 17/5/2013
A 27,79,836.66 B 27,79,836.67 C 27,79,836.68 D None of These

What is the total Net Credit Sale (Less Returns) as on 29/5/2013

Q85
A 67,07,667.00 B 67,07,665.00 C 67,07,669.00 D None of These
How much Cash is received (Gross) from Customers during the period 11/4/2013 to
Q86 24/5/2013
A 8,86,000.00 B 8,89,000.00 C 8,88,000.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 18/4/2013
Q87 to 8/5/2013
A 17,48,052.00 B 17,48,049.00 C 17,48,053.00 D None of These

What is the total Expense Paid by cash during the period 7/4/2013 to 19/5/2013
Q88
A 3,00,744.00 B 3,00,741.00 C 3,00,743.00 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 1/4/2013
Q89 to 26/5/2013
A 638,59,193.24 B 638,59,193.26 C 638,59,193.28 D None of These
What is the Minimum Quantity of Stock of Punching Machine (Kores) 1x4x12 in
Q90 business
A 9,794.00 B 9,793.00 C 9,791.00 D None of These
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What is the amount paid to Suppliers through Bank Accounts during the period
Q91 6/4/2013 to 7/5/2013
A 275,11,696.38 B 275,11,696.42 C 275,11,696.40 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 sold during the
Q92 period 10/4/2013 to 20/5/2013
A 794.00 B 792.00 C 796.00 D None of These
What is the Average Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q93 during the period 24/4/2013 to 26/5/2013
A 5,228.00 B 5,227.00 C 5,226.00 D None of These

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

Q94
A 6,94,440.00 B 6,94,480.00 C 6,94,470.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 21/4/2013
Q95
A 230,42,223.00 B 230,42,226.00 C 230,42,227.00 D None of These

What is the Profit or Loss as on 20/5/2013

Q96
A -2,08,693.92 B -2,08,693.96 C -2,08,693.94 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q97 1/4/2013 to 24/5/2013
A 0.00 B 32,070.00 C 41,614.00 D None of These

What is the total expense of Printing & Stationery as on 1/5/2013

Q98
A 47,107.00 B 47,105.00 C 47,104.00 D None of These

What is balance payable to Lincroft Electronics Ltd as on 27/4/2013

Q99
A 421,05,021.32 B 421,05,021.29 C 421,05,021.30 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q100 A/c as on 22/4/2013
A 5,00,000.00 B 6,00,000.00 C 4,00,000.00 D None of These