International Institute of Certified Accountants

Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the total payment received from Pinchin Johnson & Playfter Ltd during the
Q1 period 6/4/2023 to 28/5/2023
A 5,68,947.00 B 5,68,950.00 C 5,68,948.00 D None of These

What is the total Current Asset as on 20/4/2023

Q2
A 1918,11,846.38 B 1918,11,846.40 C 1918,11,846.39 D None of These

What is the value of Total Stock as on 8/5/2023

Q3
A 606,01,938.97 B 606,01,938.92 C 606,01,938.95 D None of These

What is the Gross Profit or Loss as on 16/5/2023

Q4
A 3,42,602.50 B 3,42,602.48 C 3,42,602.51 D None of These

What is the total Electricity expense in the month of May

Q5
A 4,887.00 B 7,644.73 C 3,670.18 D None of These
What was the Rate of Stock balance of Refrigerator (Kelvinator) 1x1 as on
Q6 24/4/2023
A 6,422.45 B 6,422.46 C 6,422.44 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in April
Q7
A 1,114.79 B 0.00 C 6,170.67 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch)
Q8 A/c during the period 8/4/2023 to 1/5/2023
A 41,74,525.09 B 41,74,525.15 C 41,74,525.12 D None of These
what was the highest amount of cash balance held during the period 13/4/2023 to
Q9 11/5/2023
A 62,85,696.06 B 24,37,604.00 C 80,16,766.24 D None of These
What is the Total Net Sale of Television (Philips)32" 1x1 during the period
Q10 11/4/2023 to 16/5/2023
A 55,84,749.47 B 25,58,713.00 C 11,26,818.99 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the total amount paid to suppliers through Bank of London A/c (Churchil
Q11 Way Branch) in May
A 80,55,784.70 B 34,37,935.66 C 81,89,050.40 D None of These
What is the total Cash sale (Net) of Food Items during the period 20/4/2023 to
Q12 29/5/2023
A 79,080.00 B 79,081.00 C 79,082.00 D None of These
What is the total quantity (Net) of Gum (Fevicol) 1x10x12 Purchased during the
Q13 period 21/4/2023 to 17/5/2023
A 5,822.76 B 8,906.17 C 5,034.00 D None of These

What is the total expense of Food & Refreshment as on 18/5/2023

Q14
A 728.57 B 650.00 C 238.86 D None of These
What is the Average Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2
Q15 held during the period 20/4/2023 to 27/5/2023
A 5,223.00 B 5,226.00 C 5,224.00 D None of These

What is the total expense incurred as upto 3/5/2023

Q16
A 6,24,211.00 B 6,24,210.00 C 6,24,212.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q17
A 264,69,415.45 B 264,69,415.47 C 264,69,415.48 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned by customers during
Q18 the period 7/4/2023 to 16/5/2023
A 13.00 B 11.00 C 8.00 D None of These

What is the total collection from customers through Bank accounts as on 22/4/2023
Q19
A 10,35,000.00 B 10,33,000.00 C 10,36,000.00 D None of These
What is the highest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the
Q20 period 17/4/2023 to 23/5/2023
A 465.00 B 462.00 C 466.00 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the total amount receivable from Debtors as on 29/4/2023
Q21
A 13,05,612.00 B 13,05,609.00 C 13,05,610.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period
Q22 8/4/2023 to 27/5/2023
A 2,24,486.50 B 4,25,374.39 C 1,25,516.55 D None of These

What is the total amount payable to Suppliers as on 19/5/2023

Q23
A 271,51,974.66 B 271,51,974.60 C 271,51,974.64 D None of These

How much Cash is paid to Suppliers during the Period 5/4/2023 to 23/5/2023
Q24
A 4,74,000.00 B 4,77,000.00 C 4,78,000.00 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased
Q25 during the period 11/4/2023 to 18/5/2023
A 1,950.00 B 1,940.00 C 1,930.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q26 7/4/2023 to 26/5/2023
A 7,90,674.59 B 7,90,674.58 C 7,90,674.57 D None of These
What is the total payment made to Penmart Stationery Mall during the period
Q27 1/4/2023 to 17/5/2023
A 27,403.62 B 27,403.63 C 27,403.60 D None of These
What is the total value of fixed assets purchased during the period 3/4/2023 to
Q28 19/5/2023
A 357,30,700.00 B 357,30,600.00 C 357,30,500.00 D None of These
What is the Average Amount of Stock of Gum (Fevicol) 1x10x12 held during the
Q29 period 20/4/2023 to 26/5/2023
A 40,066.36 B 40,066.38 C 40,066.39 D None of These
What is the total amount of cash deposited in banks during the period 11/4/2023 to
Q30 25/5/2023
A 6,50,000.00 B 6,80,000.00 C 6,60,000.00 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the total Net Cash Sale (Less Returns) as on 19/5/2023
Q31
A 22,18,315.00 B 22,18,318.00 C 22,18,319.00 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q32
A 50,000.00 B 30,000.00 C 20,000.00 D None of These

What was the Quantity of Stock of Refrigerator (Kelvinator) 1x1 as on 18/5/2023

Q33
A 1,437.00 B 1,435.00 C 1,433.00 D None of These

What was the Cash Balance as on 13/5/2023

Q34
A 75,74,910.13 B 23,21,658.00 C 86,64,624.11 D None of These

What is the Net Profit or Loss as on 14/4/2023

Q35
A 1,05,938.39 B 1,05,938.34 C 1,05,938.37 D None of These

What was the Total Bank balance as on 10/5/2023

Q36
A 1073,73,492.61 B 1073,73,492.60 C 1073,73,492.59 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned to suppliers
Q37 during the period 13/4/2023 to 16/5/2023
A 9.00 B 6.00 C 5.00 D None of These

What is the Net Profit or Loss as on 21/5/2023

Q38
A -2,05,431.21 B 42,29,246.19 C 11,04,434.86 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q39
A 27,15,541.00 B 27,15,543.00 C 27,15,542.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q40 2/4/2023 to 22/5/2023
A 3,01,607.00 B 3,01,606.00 C 3,01,605.00 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the Total Net Sale of Stationery Items during the period 7/4/2023 to
Q41 16/5/2023
A 72,282.70 B 45,458.64 C 80,511.00 D None of These
What is the total net Purchases (Less Returns) of Electronic Items during the period
Q42 16/4/2023 to 30/4/2023
A 15,00,930.06 B 15,00,930.05 C 15,00,930.07 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in May
Q43
A 7,00,000.00 B 5,00,000.00 C 4,00,000.00 D None of These

What is the total expense incurred during the period 11/4/2023 to 25/5/2023
Q44
A 6,74,094.00 B 4,69,171.92 C 2,76,392.74 D None of These

What is balance payable to Lincroft Electronics Ltd as on 1/5/2023

Q45
A 381,05,021.30 B 381,05,021.29 C 381,05,021.31 D None of These

What is the total Expense Paid by cash during the period 5/4/2023 to 6/5/2023
Q46
A 5,16,200.64 B 2,96,013.00 C 7,61,189.98 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 12/5/2023
Q47
A 315,11,696.43 B 315,11,696.39 C 315,11,696.41 D None of These

What is the total Gross sale of Stationery Items as on 27/5/2023

Q48
A 1,51,143.00 B 1,51,142.00 C 1,51,145.00 D None of These

What is the total Gross Purchase of Stationery Items as on 24/4/2023

Q49
A 5,00,070.24 B 8,58,878.18 C 1,62,044.24 D None of These

What was the Stock value of Punching Machine (Kores) 1x4x12 as on 26/5/2023
Q50
A 6,05,371.06 B 4,15,248.64 C 1,67,860.38 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the total Cheques collected from Hamilton Rose Hyper Market in May
Q51
A 6,97,382.00 B 6,97,388.00 C 6,97,386.00 D None of These

What is the total Purchase (Less Returns) as on 26/4/2023

Q52
A 640,31,490.28 B 640,31,490.25 C 640,31,490.27 D None of These

What is the total Net Cash Purchase (Less Returns) as on 14/5/2023

Q53
A 3,64,227.49 B 3,64,227.51 C 3,64,227.50 D None of These

What is balance payable to Eicher Machineries Ltd A/cas on 21/5/2023

Q54
A 75,70,996.02 B 30,00,000.00 C 16,50,238.82 D None of These
What is the Gross COST OF SALE of Punching Machine (Kores) 1x4x12sold
Q55 during the period 13/4/2023 to 28/5/2023
A 63,337.73 B 63,337.76 C 63,337.74 D None of These

What is the total Sale (Less Returns) as on 1/5/2023

Q56
A 69,69,445.19 B 40,89,674.47 C 44,64,870.00 D None of These
What is the Maximum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q57 business
A 4,64,638.52 B 4,64,638.49 C 4,64,638.50 D None of These

What was the Average Bank balance held during the period 22/4/2023 to 31/5/2023
Q58
A 1038,95,553.41 B 7380,28,562.49 C 5943,01,421.83 D None of These
What is the Maximum Quantity of Stock of Punching Machine (Kores) 1x4x12 in
Q59 business
A 18,451.00 B 18,449.00 C 18,453.00 D None of These

What is the total value of Computer as on 5/5/2023

Q60
A 51,274.77 B 26,870.21 C 23,000.00 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the total Net Credit Sale (Less Returns) as on 20/4/2023
Q61
A 35,81,968.00 B 35,81,965.00 C 35,81,966.00 D None of These
What is the total amount of sales return of Food Items during the period 8/4/2023 to
Q62 17/5/2023
A 5,547.47 B 4,518.00 C 7,202.05 D None of These
What is the total amount of cash deposited in Bank of London A/c (Lombard Street
Q63 Branch) in the month of April
A 502,00,000.00 B 505,00,000.00 C 503,00,000.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period
Q64 6/4/2023 to 29/4/2023
A 1,855.43 B 9,205.71 C 0.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street
Q65 Branch) A/c as on 16/5/2023
A 81,94,115.85 B 81,94,115.84 C 81,94,115.86 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard
Q66 Street Branch) in the month of May
A 30,00,000.00 B 40,00,000.00 C 50,00,000.00 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Sold during the
Q67 period 21/4/2023 to 18/5/2023
A 75.00 B 77.00 C 78.00 D None of These
What is the total collection from customers through City Bank (Lombard Street
Q68 Branch) A/c as on 22/4/2023
A 1,00,000.00 B 3,00,000.00 C 4,00,000.00 D None of These
What was the balance in Bank of London A/c (Lombard Street Branch) as on
Q69 21/4/2023
A 427,73,232.32 B 427,73,232.30 C 427,73,232.33 D None of These
How much Cash is received (Gross) from Customers during the period 12/4/2023 to
Q70 7/5/2023
A 6,73,791.06 B 3,76,000.00 C 1,20,464.87 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the total payment received from Debtors during the period 5/4/2023 to
Q71 19/5/2023
A 19,92,673.12 B 87,84,193.00 C 39,61,778.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q72 7/4/2023 to 30/4/2023
A 60,113.00 B 60,119.00 C 60,116.00 D None of These
What is the Minimum Quantity of Stock of Television (Philips)32" 1x1 held in the
Q73 month of May
A 1,340.00 B 1,339.00 C 1,343.00 D None of These

What is the total payment made to Creditors during the period 5/4/2023 to 18/5/2023
Q74
A 264,33,765.67 B 424,71,461.53 C 562,60,047.52 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 purchased during
Q75 the period 16/4/2023 to 25/5/2023
A 6,010.70 B 6,010.74 C 6,010.72 D None of These

What was the Average Cash balance held during the period 18/4/2023 to 18/5/2023
Q76
A 63,36,820.67 B 79,04,642.35 C 23,52,435.82 D None of These

What is balance receivable from Traford Super Market as on 1/5/2023

Q77
A -36,294.00 B -36,295.00 C -36,293.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q78 4/4/2023 to 10/5/2023
A 15,14,509.00 B 15,14,511.00 C 15,14,512.00 D None of These
What is the lowest Quantity of Nido Milk Powder 500gm 1x4x2x6 sold during the
Q79 period 3/4/2023 to 15/5/2023
A 11.00 B 9.00 C 12.00 D None of These
What is the lowest Quantity of Refrigerator (Kelvinator) 1x1 purchased during the
Q80 period 2/4/2023 to 19/5/2023
A 42.00 B 38.00 C 40.00 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the amount paid to Suppliers through Bank Accounts during the period
Q81 18/4/2023 to 24/5/2023
A 356,75,319.71 B 356,75,319.67 C 356,75,319.69 D None of These
What is the collection from customers through City Bank (Lombard Street Branch)
Q82 A/c during the period 8/4/2023 to 5/5/2023
A 6,43,776.00 B 6,43,778.00 C 6,43,777.00 D None of These

What is the total amount payable to Creditors as on 11/5/2023

Q83
A 851,25,190.77 B 566,14,581.07 C 788,26,647.09 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q84
A 1,215.72 B 1,215.75 C 1,215.76 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the
Q85 period 14/4/2023 to 30/5/2023
A 6,984.00 B 6,982.00 C 6,985.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period
Q86 20/4/2023 to 31/5/2023
A 66,87,651.74 B 66,87,651.72 C 66,87,651.75 D None of These
What is the total amount collected from customers through Bank of London A/c
Q87 (Churchil Way Branch) in April
A 6,69,612.00 B 6,69,615.00 C 6,69,616.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 28/4/2023

Q88
A 637,24,427.70 B 637,24,427.72 C 637,24,427.71 D None of These
What is the collection from customers through Bank Accounts during the period
Q89 16/4/2023 to 22/5/2023
A 31,00,100.00 B 31,00,090.00 C 31,00,110.00 D None of These

what is the minimum cash balance held during the period 1/4/2023 to 7/5/2023
Q90
A 4,99,942.00 B 4,99,939.00 C 4,99,943.00 D None of These
 International Institute of Certified Accountants
Mailing Address : IICA GLOBAL LLC, 32 N Gould St, Sheridan, WY 82801 USA. www.iica.us , [email protected]

I-CAAT Question Paper

What is the Average Daily Expense of the company during the period 9/4/2023 to
Q91 27/5/2023
A 13,762.41 B 13,762.38 C 13,762.39 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 18/4/2023
Q92 to 3/5/2023
A 4,79,089.00 B 4,79,088.00 C 4,79,091.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 purchased
Q93 during the period 11/4/2023 to 21/5/2023
A 308.36 B 308.37 C 308.35 D None of These

What is the total amount payable to Creditors other than suppliers as upto 8/5/2023
Q94
A 294,30,487.00 B 294,30,490.00 C 294,30,488.00 D None of These
What is the Minimum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 in
Q95 business
A 14,46,915.51 B 14,46,915.48 C 14,46,915.50 D None of These

What is the total Current Liability as on 28/4/2023

Q96
A 622,95,731.27 B 622,95,731.28 C 622,95,731.30 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q97 4/4/2023 to 16/5/2023
A 2.17 B 4.00 C 3.68 D None of These

What is the Net Profit or Loss as on 2/5/2023

Q98
A -3,81,862.20 B -3,81,862.25 C -3,81,862.21 D None of These
What is the total amount of cash withdrawn from banks during the period 4/4/2023
Q99 to 13/5/2023
A 15,60,000.00 B 15,40,000.00 C 15,70,000.00 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during
Q100 the period 14/4/2023 to 31/5/2023
A 3,57,800.35 B 3,57,800.34 C 3,57,800.32 D None of These