International Institute of Certified Accountants

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What is the lowest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q1 period 5/4/2013 to 26/5/2013
A 400.00 B 100.00 C 300.00 D None of These
what was the highest amount of cash balance held during the period 14/4/2013 to
Q2 14/5/2013
A 63,21,719.51 B 63,21,719.49 C 63,21,719.52 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q3 10/4/2013 to 22/5/2013
A 231.10 B 231.07 C 231.08 D None of These

What is the total Purchase (Less Returns) as on 26/4/2013

Q4
A 640,31,490.25 B 640,31,490.27 C 640,31,490.29 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q5 Branch) during the period 4/4/2013 to 3/5/2013
A 81,85,403.59 B 81,85,403.60 C 81,85,403.62 D None of These

What is the Gross Profit Ratio as on 14/4/2013

Q6
A 0.07 B 0.05 C 0.03 D None of These

What is the total Net Credit Sale (Less Returns) as on 23/4/2013

Q7
A 35,81,968.00 B 35,81,965.00 C 35,81,969.00 D None of These

What was the Cash Balance as on 29/4/2013

Q8
A 22,15,045.00 B 22,15,041.00 C 22,15,044.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period
Q9 10/4/2013 to 3/5/2013
A 4,90,829.07 B 4,90,829.05 C 4,90,829.09 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q10 TRANSACTIONS
A 2.00 B 4.00 C 6.00 D None of These
 International Institute of Certified Accountants
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What is the total amount paid to Suppliers through Bank accounts as on 5/5/2013
Q11
A 275,11,696.39 B 275,11,696.40 C 275,11,696.38 D None of These

How much Cash is paid to Suppliers during the Period 1/4/2013 to 29/5/2013
Q12
A 4,89,000.00 B 4,88,000.00 C 4,90,000.00 D None of These

What was the Average Bank balance held during the period 4/4/2013 to 30/5/2013
Q13
A 1157,55,869.95 B 1157,55,869.96 C 1157,55,869.94 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q14 15/4/2013 to 4/5/2013
A 194,27,696.40 B 194,27,696.42 C 194,27,696.38 D None of These
How much Cash is received (Gross) from Customers during the period 7/4/2013 to
Q15 5/5/2013
A 3,79,000.00 B 3,80,000.00 C 3,76,000.00 D None of These

What is the total expense of Mobile Expense as on 19/5/2013

Q16
A 3,700.00 B 3,699.00 C 3,696.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q17 (Churchil Way Branch) in April
A 6,69,615.00 B 6,69,618.00 C 6,69,617.00 D None of These

What is the total Cash sale (Net) of Food Items during the period 2/4/2013 to 21/5/2013
Q18
A 2,36,896.00 B 2,36,895.00 C 2,36,893.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 5/4/2013
Q19 to 26/5/2013
A 5,63,411.12 B 5,63,411.15 C 5,63,411.16 D None of These

What is the total Sale (Less Returns) as on 27/4/2013

Q20
A 46,15,638.00 B 46,15,637.00 C 46,15,634.00 D None of These
 International Institute of Certified Accountants
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What is the total expense incurred as upto 3/5/2013

Q21
A 6,24,215.00 B 6,24,216.00 C 6,24,212.00 D None of These

What is the total Cheques collected from Traford Super Market in April
Q22
A 1,87,596.00 B 1,87,594.00 C 1,87,592.00 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Purchased
Q23 during the period 17/4/2013 to 24/5/2013
A 1,077.00 B 1,075.00 C 1,078.00 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned to suppliers during the
Q24 period 15/4/2013 to 22/5/2013
A 10.00 B 9.00 C 7.00 D None of These
What is the total amount of cash deposited in banks during the period 15/4/2013 to
Q25 20/5/2013
A 5,70,000.00 B 5,60,000.00 C 5,80,000.00 D None of These
What is the total net sales (Less Returns) of Food Items during the period 12/4/2013 to
Q26 7/5/2013
A 5,44,547.00 B 5,44,544.00 C 5,44,548.00 D None of These

What was the Total Bank balance as on 30/5/2013

Q27
A 757,35,538.32 B 757,35,538.30 C 757,35,538.34 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q28 A/c as on 28/4/2013
A 6,43,776.00 B 6,43,780.00 C 6,43,779.00 D None of These
What is the total value of fixed assets purchased during the period 7/4/2013 to
Q29 26/5/2013
A 77,13,600.00 B 77,14,000.00 C 77,13,900.00 D None of These
What is the Minimum Amount of Stock of Television (Philips)32" 1x1 held in the
Q30 month of May
A 376,48,082.74 B 376,48,082.71 C 376,48,082.72 D None of These
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What was the Quantity of Stock of Stapler Pin (Camel) 1x8x6 as on 31/5/2013
Q31
A 17,270.00 B 17,260.00 C 17,280.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 1/4/2013 to
Q32 3/5/2013
A 33,01,069.00 B 33,01,072.00 C 33,01,073.00 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q33 the period 8/4/2013 to 28/5/2013
A 2,116.00 B 2,112.00 C 2,114.00 D None of These
What is the Total Net Sale of Lipton Brue Coffee 250gm 1x2x8 during the period
Q34 19/4/2013 to 26/5/2013
A 2,75,358.00 B 2,75,354.00 C 2,75,357.00 D None of These
What is the total payment made to Sanford Electrics Ltd during the period 9/4/2013 to
Q35 19/5/2013
A 34,322.00 B 58,481.00 C 0.00 D None of These

What is balance payable to Shefield Real Estate Company A/cas on 12/5/2013

Q36
A 90,00,000.00 B 60,00,000.00 C 100,00,000.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q37 3/4/2013 to 18/5/2013
A 14.00 B 18.00 C 17.00 D None of These

What is the Currrent Ratio as on 8/4/2013

Q38
A 2.52 B 2.48 C 2.49 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q39 7/4/2013 to 18/5/2013
A 933.00 B 936.00 C 935.00 D None of These

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

Q40
A 42,16,627.51 B 42,16,627.52 C 42,16,627.48 D None of These
 International Institute of Certified Accountants
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What was the balance in City Bank (Lombard Street Branch) A/c as on 17/4/2013
Q41
A 461,00,000.00 B 459,00,000.00 C 457,00,000.00 D None of These

What is the Total Net Sale of Food Items during the period 13/4/2013 to 22/5/2013
Q42
A 7,95,639.00 B 7,95,637.00 C 7,95,635.00 D None of These

What is the Maximum Amount of Stock of Refrigerator (Kelvinator) 1x1 in business

Q43
A 96,48,733.14 B 96,48,733.12 C 96,48,733.11 D None of These
What is the collection from customers through Bank Accounts during the period
Q44 13/4/2013 to 30/5/2013
A 35,69,142.00 B 35,69,141.00 C 35,69,143.00 D None of These

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

Q45
A 1,71,873.04 B 1,71,873.05 C 1,71,873.06 D None of These
What is the total amount of sales return of Food Items during the period 17/4/2013 to
Q46 22/5/2013
A 5,834.00 B 5,833.00 C 5,831.00 D None of These
What is the Maximum Quantity of Stock of Stapler Pin (Camel) 1x8x6 held in the
Q47 month of April
A 15,193.00 B 15,192.00 C 15,189.00 D None of These

What is balance payable to Penmark Stationery Mall as on 26/4/2013

Q48
A 19,857.65 B 19,857.61 C 19,857.63 D None of These

What is the value of Total Stock as on 30/5/2013

Q49
A 641,58,986.47 B 641,58,986.45 C 641,58,986.49 D None of These
What is the Quantity of Happy Tomato Sauce 250gm 1x8x4x2 returned by customers
Q50 during the period 13/4/2013 to 19/5/2013
A 13.00 B 15.00 C 16.00 D None of These
 International Institute of Certified Accountants
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What was the Average Cash balance held during the period 10/4/2013 to 26/5/2013
Q51
A 24,28,885.63 B 24,28,885.59 C 24,28,885.61 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q52 Branch) in the month of May
A 80,000.00 B 50,000.00 C 90,000.00 D None of These
What is the total payment received from Debtors during the period 3/4/2013 to
Q53 27/5/2013
A 48,10,142.00 B 48,10,139.00 C 48,10,143.00 D None of These
What is the highest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q54 during the period 14/4/2013 to 20/5/2013
A 88.97 B 89.01 C 88.99 D None of These

What is the total Rent expense in the month of April

Q55
A 27,000.00 B 25,000.00 C 29,000.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q56 May
A 60,000.00 B 50,000.00 C 40,000.00 D None of These
What is the Gross COST OF SALE of Punching Machine (Kores) 1x4x12sold during
Q57 the period 9/4/2013 to 19/5/2013
A 61,639.48 B 61,639.52 C 61,639.50 D None of These

What is the total collection from customers through Bank accounts as on 20/5/2013
Q58
A 30,75,782.00 B 30,75,778.00 C 30,75,780.00 D None of These

What is the total Expense Paid by cash during the period 16/4/2013 to 22/5/2013
Q59
A 2,99,916.00 B 2,99,918.00 C 2,99,914.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q60
A 7,00,000.00 B 8,00,000.00 C 4,00,000.00 D None of These
 International Institute of Certified Accountants
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What is the Total Amount of cash received from suppliers by way of Purchase Return
Q61
A 1,215.73 B 1,215.77 C 1,215.75 D None of These

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

Q62
A -2,08,693.92 B -2,08,693.94 C -2,08,693.96 D None of These

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

Q63
A 21,85,069.00 B 21,85,068.00 C 21,85,067.00 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q64 Branch) during the period 5/4/2013 to 3/5/2013
A 7,82,592.00 B 7,82,595.00 C 7,82,596.00 D None of These

What is the total expense incurred during the period 5/4/2013 to 26/5/2013
Q65
A 6,75,129.00 B 6,75,132.00 C 6,75,133.00 D None of These
What is the total payment received from Brinxton Hyper Mall during the period
Q66 5/4/2013 to 19/5/2013
A 3,43,780.00 B 3,43,778.00 C 3,43,776.00 D None of These

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

Q67
A 1,61,831.60 B 1,61,831.58 C 1,61,831.61 D None of These

What is balance receivable from Hamilton Rose Hyper Marketas on 27/4/2013

Q68
A 2,02,132.00 B 2,02,130.00 C 2,02,128.00 D None of These
What is the lowest Quantity of Nido Milk Powder 500gm 1x4x2x6 sold during the
Q69 period 3/4/2013 to 31/5/2013
A 11.00 B 14.00 C 15.00 D None of These

What is the total amount of cheque paid to Yorkshare Food Products Ltd in May
Q70
A 1,89,050.40 B 1,89,050.42 C 1,89,050.39 D None of These
 International Institute of Certified Accountants
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What is the total quantity (Net) of Lipton Brue Coffee 250gm 1x2x8 Sold during the
Q71 period 13/4/2013 to 20/5/2013
A 1,343.00 B 1,342.00 C 1,339.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q72 Branch) in April
A 111,51,767.70 B 111,51,767.67 C 111,51,767.68 D None of These
What is the Average Daily Expense of the company during the period 21/4/2013 to
Q73 23/5/2013
A 18,586.19 B 18,586.21 C 18,586.23 D None of These

What is the total Gross sale of Stationery Items as on 3/5/2013

Q74
A 79,165.00 B 79,169.00 C 79,168.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 7/5/2013
Q75
A 293,72,491.00 B 293,72,489.00 C 293,72,488.00 D None of These

What is the total payment made to Creditors during the period 7/4/2013 to 18/5/2013
Q76
A 562,60,047.54 B 562,60,047.52 C 562,60,047.51 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q77 17/4/2013 to 21/5/2013
A 53,84,103.00 B 53,84,106.00 C 53,84,105.00 D None of These

What is the total amount payable to Suppliers as on 24/4/2013

Q78
A 441,63,426.02 B 441,63,426.04 C 441,63,426.00 D None of These

what is the minimum cash balance held during the period 15/4/2013 to 27/5/2013
Q79
A 15,45,416.00 B 15,45,412.00 C 15,45,415.00 D None of These
What is the total amount of cash withdrawn from banks during the period 9/4/2013 to
Q80 14/5/2013
A 50,90,000.00 B 50,80,000.00 C 50,60,000.00 D None of These
 International Institute of Certified Accountants
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What is the Average Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q81 during the period 25/4/2013 to 22/5/2013
A 4,37,812.58 B 4,37,812.56 C 4,37,812.54 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q82
A 235,11,696.42 B 235,11,696.39 C 235,11,696.41 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q83 A/c as on 30/4/2013
A 41,74,525.14 B 41,74,525.13 C 41,74,525.10 D None of These
What is the Average Quantity of Stock of Punching Machine (Kores) 1x4x12 held
Q84 during the period 4/4/2013 to 27/5/2013
A 13,574.00 B 13,576.00 C 13,577.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 3/4/2013 to
Q85 31/5/2013
A 38,52,700.00 B 38,52,400.00 C 38,52,800.00 D None of These

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

Q86
A 331,41,226.16 B 331,41,226.20 C 331,41,226.18 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q87 the period 15/4/2013 to 15/5/2013
A 21.51 B 21.49 C 21.52 D None of These

What is the total amount receivable from Debtors as on 13/5/2013

Q88
A 19,72,117.00 B 19,72,115.00 C 19,72,116.00 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q89
A 20,95,985.00 B 20,95,983.00 C 20,95,987.00 D None of These
What is the Amount (Gross) of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q90 the period 15/4/2013 to 26/5/2013
A 93,820.14 B 93,820.18 C 93,820.16 D None of These
 International Institute of Certified Accountants
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What is the total Gross Purchase of Electronic Items as on 26/4/2013

Q91
A 603,98,708.28 B 603,98,708.26 C 603,98,708.30 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q92 11/4/2013 to 20/5/2013
A 6,978.00 B 6,979.00 C 6,981.00 D None of These
What was the Rate of Stock balance of Lipton Brue Coffee 250gm 1x2x8 as on
Q93 8/5/2013
A 203.95 B 203.92 C 203.94 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 4/4/2013
Q94 to 5/5/2013
A 2,96,043.00 B 2,96,046.00 C 2,96,047.00 D None of These

What is the total value of Vehicles as on 17/5/2013

Q95
A 4,05,000.00 B 4,09,000.00 C 4,07,000.00 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q96 ofMay
A 46,342.00 B 40,722.00 C 0.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 7/5/2013

Q97
A 655,93,537.84 B 655,93,537.83 C 655,93,537.86 D None of These

What is the Minimum Quantity of Stock of Television (Philips)32" 1x1 in business

Q98
A 1,255.00 B 1,256.00 C 1,252.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 11/4/2013
Q99 to 17/5/2013
A 65,86,503.49 B 65,86,503.48 C 65,86,503.50 D None of These

What was the Stock value of Gum (Fevicol) 1x10x12 as on 23/5/2013

Q100
A 45,299.53 B 45,299.55 C 45,299.52 D None of These