Describe the kinds of tenders
Briefly describe the kinds of tenders?
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i) Single Tender : When only one source of supply is accessible after that single tender is addressed to the selected supplier.
ii) Limited Tender : This kind of tender is addressed to a limited numeral of suppliers, who are the dependable source of supply.
iii) Open Tender : is open to all the suppliers in the country who can supply the needed quantity and quality of materials. These invitations is made through advertising in newspapers,
iv) Global Tender : is open to anyone from any division of the world to supply the needed quantity and quality of materials.
Write down the differences in material receipt?
Give a short introduction of the term ‘Absorption’? And also write down its various methods employed for deciding the rates of overhead absorption?
Describe briefly the term Balance Sheet? Why is Balance Sheet prepared?
Write down the number of day is public issues of shares kept open?
Briefly describe the term capital expenditures? Is it okay to consider such expenditures while evaluating the profitability of throughout a certain period?
If equity shares are being issued at par what is the minimum application?
Give a brief introduction of the term ‘Listed Company’?
What are the reasons to become an accountant?
Briefly explain the ethical decision you had to make?
Write down the merits and drawbacks of acceptance rule ?
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