International Institute of Certified Accountants

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What is the total amount collected from customers through Bank of London A/c
Q1 (Lombard Street Branch) in May
A 5,18,788.00 B 5,18,785.00 C 5,18,787.00 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q2 19/4/2013 to 28/5/2013
A 6,988.00 B 6,984.00 C 6,987.00 D None of These

What is the total Expense Paid by cash during the period 11/4/2013 to 26/5/2013
Q3
A 3,01,036.00 B 3,01,038.00 C 3,01,039.00 D None of These
What is the highest Rate at which Television (Onida) 21" 1x1 purchased during the
Q4 period 20/4/2013 to 27/5/2013
A 8,419.12 B 8,419.08 C 8,419.11 D None of These

What is the total amount of cheque paid to Penmart Stationery Mall in April
Q5
A 17,403.58 B 17,403.60 C 17,403.62 D None of These
What is the lowest Quantity of Nido Milk Powder 500gm 1x4x2x6 sold during the
Q6 period 19/4/2013 to 17/5/2013
A 37.00 B 33.00 C 36.00 D None of These
What is the Maximum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q7 the month of April
A 15,87,719.57 B 15,87,719.55 C 15,87,719.56 D None of These

What is the total payment made to Creditors during the period 15/4/2013 to 30/5/2013
Q8
A 645,43,029.67 B 645,43,029.69 C 645,43,029.70 D None of These
What is the Maximum Quantity of Stock of Punching Machine (Kores) 1x4x12 held in
Q9 the month of May
A 18,454.00 B 18,452.00 C 18,455.00 D None of These
What is the total value of fixed assets purchased during the period 12/4/2013 to
Q10 26/5/2013
A 76,59,000.00 B 76,58,800.00 C 76,58,600.00 D None of These
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What is the Average Daily Expense of the company during the period 5/4/2013 to
Q11 11/5/2013
A 17,950.28 B 17,950.32 C 17,950.30 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 purchased during the
Q12 period 16/4/2013 to 17/5/2013
A 6,113.91 B 6,113.94 C 6,113.92 D None of These
What is the Minimum Quantity of Stock of Television (Onida) 21" 1x1 held in the
Q13 month of May
A 1,326.00 B 1,328.00 C 1,327.00 D None of These

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

Q14
A 6,94,440.00 B 6,94,470.00 C 6,94,480.00 D None of These

What is balance payable to Shefield Real Estate Company A/cas on 28/5/2013

Q15
A 20,00,000.00 B 50,00,000.00 C 40,00,000.00 D None of These
What is the Gross COST OF SALE of Nido Milk Powder 500gm 1x4x2x6sold during
Q16 the period 1/4/2013 to 25/5/2013
A 5,04,170.08 B 5,04,170.06 C 5,04,170.10 D None of These

What is the total Net Credit Sale (Less Returns) as on 19/5/2013

Q17
A 58,15,014.00 B 58,15,012.00 C 58,15,016.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 26/5/2013
Q18
A 439,27,319.67 B 439,27,319.69 C 439,27,319.66 D None of These
What is the Average Amount of Stock of Stapler Pin (Camel) 1x8x6 held during the
Q19 period 23/4/2013 to 7/5/2013
A 85,209.44 B 85,209.45 C 85,209.43 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in April
Q20
A 7,00,000.00 B 6,00,000.00 C 3,00,000.00 D None of These
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What was the Average Bank balance held during the period 10/4/2013 to 21/5/2013
Q21
A 1191,58,022.32 B 1191,58,022.33 C 1191,58,022.35 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q22 Branch) in the month of April
A 498,00,000.00 B 500,00,000.00 C 499,00,000.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 7/4/2013
Q23 to 7/5/2013
A 6,15,357.23 B 6,15,357.27 C 6,15,357.25 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 10/4/2013 to
Q24 14/5/2013
A 31,349.00 B 31,351.00 C 31,347.00 D None of These

What was the Cash Balance as on 6/4/2013

Q25
A 9,99,769.00 B 9,99,770.00 C 9,99,767.00 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned to suppliers during
Q26 the period 5/4/2013 to 24/5/2013
A 7.00 B 10.00 C 8.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q27 19/4/2013 to 21/5/2013
A 97.00 B 96.00 C 98.00 D None of These
What is the lowest Quantity of Gum (Fevicol) 1x10x12 purchased during the period
Q28 2/4/2013 to 17/5/2013
A 240.00 B 280.00 C 270.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q29 12/4/2013 to 24/5/2013
A 398,43,319.66 B 398,43,319.67 C 398,43,319.68 D None of These

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

Q30
A 639,24,718.84 B 639,24,718.81 C 639,24,718.82 D None of These
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What is the Total Amount of cash received from suppliers by way of Purchase Return
Q31
A 1,215.74 B 1,215.75 C 1,215.73 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q32 Street Branch) as on 10/5/2013
A 7,82,595.00 B 7,82,592.00 C 7,82,594.00 D None of These
What is the total Credit Purchase (Net) of Food Items during the period 1/4/2013 to
Q33 26/5/2013
A 38,66,941.45 B 38,66,941.46 C 38,66,941.44 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q34 period 13/4/2013 to 26/5/2013
A 226.00 B 224.00 C 222.00 D None of These
What is the total amount of sales return of Food Items during the period 6/4/2013 to
Q35 24/5/2013
A 6,156.00 B 6,153.00 C 6,155.00 D None of These

What is the Profit or Loss as on 21/5/2013

Q36
A -2,08,693.94 B -2,08,693.92 C -2,08,693.96 D None of These
What is the Average Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q37 the period 21/4/2013 to 5/5/2013
A 5,360.00 B 5,350.00 C 5,340.00 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Purchased during
Q38 the period 18/4/2013 to 17/5/2013
A 5,853.00 B 5,851.00 C 5,854.00 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Sold during
Q39 the period 20/4/2013 to 25/5/2013
A 1,343.00 B 1,347.00 C 1,346.00 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q40 ofApril
A 0.00 B 63,490.00 C 2,822.00 D None of These
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What is the Profit or Loss as on 4/4/2013

Q41
A -19,308.00 B -19,307.00 C -19,311.00 D None of These

What is the total Gross sale of Stationery Items as on 2/5/2013

Q42
A 79,169.00 B 79,165.00 C 79,168.00 D None of These

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

Q43
A 280,54,481.75 B 280,54,481.71 C 280,54,481.73 D None of These

What is balance receivable from Adiison Lee Fancy Shopas on 13/5/2013

Q44
A 78,139.00 B 78,141.00 C 78,142.00 D None of These

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

Q45
A 43,972.82 B 43,972.85 C 43,972.84 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q46 Branch) in April
A 81,85,403.62 B 81,85,403.58 C 81,85,403.60 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q47 Branch) as on 10/5/2013
A 81,85,403.62 B 81,85,403.58 C 81,85,403.61 D None of These
What was the Rate of Stock balance of Punching Machine (Kores) 1x4x12 as on
Q48 21/5/2013
A 23.35 B 23.37 C 23.33 D None of These
What is the total payment received from Debtors during the period 5/4/2013 to
Q49 19/5/2013
A 39,61,781.00 B 39,61,780.00 C 39,61,778.00 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q50 business
A 4,08,901.17 B 4,08,901.18 C 4,08,901.16 D None of These
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What is the total Cash inflow (Including Cash Withdrawal) during the period 6/4/2013
Q51 to 28/5/2013
A 84,70,063.77 B 84,70,063.74 C 84,70,063.73 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q52
A 7,00,000.00 B 4,00,000.00 C 6,00,000.00 D None of These

How much Cash is paid to Suppliers during the Period 18/4/2013 to 6/5/2013
Q53
A 2,69,000.00 B 2,71,000.00 C 2,67,000.00 D None of These
How much Cash is received (Gross) from Customers during the period 3/4/2013 to
Q54 26/5/2013
A 8,89,000.00 B 8,90,000.00 C 8,86,000.00 D None of These

What is the Currrent Ratio as on 22/4/2013

Q55
A 2.73 B 2.69 C 2.71 D None of These

What was the Total Bank balance as on 3/4/2013

Q56
A 1496,00,000.00 B 1499,00,000.00 C 1498,00,000.00 D None of These
What is the Total Net Sale of Television (Philips)32" 1x1 during the period 20/4/2013 to
Q57 16/5/2013
A 8,27,048.00 B 8,27,046.00 C 8,27,050.00 D None of These
What is the total payment made to Lincroft Electronics Ltd during the period 8/4/2013
Q58 to 20/5/2013
A 367,00,000.00 B 368,00,000.00 C 365,00,000.00 D None of These
What is the Quantity of Happy Tomato Sauce 250gm 1x8x4x2 returned by customers
Q59 during the period 14/4/2013 to 21/5/2013
A 16.00 B 17.00 C 13.00 D None of These

What is the total amount payable to Creditors as on 15/5/2013

Q60
A 525,44,663.47 B 525,44,663.45 C 525,44,663.46 D None of These
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What was the balance in City Bank (Lombard Street Branch) A/c as on 6/4/2013
Q61
A 700,00,000.00 B 900,00,000.00 C 500,00,000.00 D None of These
What is the total net sales (Less Returns) of Food Items during the period 11/4/2013 to
Q62 18/5/2013
A 8,63,405.00 B 8,63,408.00 C 8,63,409.00 D None of These

What is the Total Net Sale of Electronic Items during the period 14/4/2013 to 24/5/2013
Q63
A 48,48,572.00 B 48,48,575.00 C 48,48,576.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 30/5/2013

Q64
A 21,85,069.00 B 21,85,067.00 C 21,85,065.00 D None of These

What is the total collection from customers through Bank accounts as on 17/5/2013
Q65
A 29,25,534.00 B 29,25,538.00 C 29,25,537.00 D None of These

What was the Stock value of Nido Milk Powder 500gm 1x4x2x6 as on 1/5/2013
Q66
A 15,22,975.74 B 15,22,975.75 C 15,22,975.76 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q67
A 27,15,545.00 B 27,15,544.00 C 27,15,541.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q68 20/4/2013 to 9/5/2013
A 102.56 B 102.59 C 102.57 D None of These

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

Q69
A 18,53,236.00 B 18,53,234.00 C 18,53,237.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q70 12/4/2013 to 30/5/2013
A 58,90,427.00 B 58,90,428.00 C 58,90,429.00 D None of These
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What is the collection from customers through Bank Accounts during the period
Q71 1/4/2013 to 14/5/2013
A 25,95,983.00 B 25,95,987.00 C 25,95,986.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 29/5/2013
Q72
A 92,70,000.00 B 92,66,000.00 C 92,69,000.00 D None of These
what was the highest amount of cash balance held during the period 17/4/2013 to
Q73 15/5/2013
A 63,21,719.49 B 63,21,719.50 C 63,21,719.48 D None of These

What is the Profit or Loss as on 8/5/2013

Q74
A -3,81,404.44 B -3,81,404.43 C -3,81,404.42 D None of These

What was the Quantity of Stock of Refrigerator (Kelvinator) 1x1 as on 2/5/2013

Q75
A 1,275.00 B 1,273.00 C 1,276.00 D None of These

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

Q76
A 675,96,132.25 B 675,96,132.27 C 675,96,132.29 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 2/4/2013 to
Q77 20/5/2013
A 2,62,772.00 B 2,62,773.00 C 2,62,769.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q78 TRANSACTIONS
A 5.00 B 4.00 C 2.00 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q79 during the period 10/4/2013 to 31/5/2013
A 18,90,048.00 B 18,90,044.00 C 18,90,047.00 D None of These

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

Q80
A 2,50,239.00 B 2,50,238.00 C 2,50,237.00 D None of These
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What is the total Sale (Less Returns) as on 4/5/2013

Q81
A 44,30,438.00 B 44,30,439.00 C 44,30,435.00 D None of These
What is the total amount of cash withdrawn from banks during the period 6/4/2013 to
Q82 31/5/2013
A 50,90,000.00 B 50,70,000.00 C 50,50,000.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q83 10/4/2013 to 24/5/2013
A 3,01,239.00 B 3,01,236.00 C 3,01,238.00 D None of These

what is the minimum cash balance held during the period 9/4/2013 to 31/5/2013
Q84
A 10,93,030.00 B 10,93,040.00 C 10,93,060.00 D None of These

What is the total expense incurred during the period 7/4/2013 to 31/5/2013
Q85
A 11,91,489.00 B 11,91,486.00 C 11,91,490.00 D None of These

What is the total Purchase (Less Returns) as on 20/4/2013

Q86
A 624,75,390.21 B 624,75,390.22 C 624,75,390.24 D None of These

What is the total expense of Travelling Exp as on 24/5/2013

Q87
A 87,180.00 B 87,190.00 C 87,150.00 D None of These

What is the total Cheques collected from Brinxton Hyper Mall in April
Q88
A 3,43,776.00 B 3,43,779.00 C 3,43,778.00 D None of These

What is the value of Total Stock as on 20/4/2013

Q89
A 585,66,185.46 B 585,66,185.44 C 585,66,185.43 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q90 Branch) during the period 2/4/2013 to 24/5/2013
A 123,74,457.00 B 123,74,454.00 C 123,74,458.00 D None of These
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What is the total amount of cash deposited in banks during the period 15/4/2013 to
Q91 31/5/2013
A 10,00,000.00 B 9,00,000.00 C 7,00,000.00 D None of These

What was the Average Cash balance held during the period 9/4/2013 to 11/5/2013
Q92
A 19,30,191.59 B 19,30,191.60 C 19,30,191.57 D None of These
What is the Amount (Gross) of Stapler Pin (Camel) 1x8x6 purchased during the period
Q93 17/4/2013 to 26/5/2013
A 43,625.78 B 43,625.75 C 43,625.77 D None of These
What is the total payment received from Adiison Lee Fancy Shop during the period
Q94 7/4/2013 to 16/5/2013
A 4,40,552.00 B 4,40,553.00 C 4,40,555.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q95
A 264,69,415.50 B 264,69,415.46 C 264,69,415.48 D None of These

What is the total value of Computer as on 26/5/2013

Q96
A 29,000.00 B 33,000.00 C 31,000.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 13/4/2013 to
Q97 10/5/2013
A 11,94,004.00 B 11,94,001.00 C 11,94,005.00 D None of These

What is the total Rent expense in the month of April

Q98
A 29,000.00 B 25,000.00 C 28,000.00 D None of These
What is the highest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q99 period 10/4/2013 to 16/5/2013
A 445.00 B 446.00 C 443.00 D None of These

What is the Debt-Equity Ratio as on 9/5/2013

Q100
A 0.42 B 0.38 C 0.40 D None of These