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.
Premium on redemption & period of conversion for debentures who decides the amount?
Write down the characteristic of cost accounting?
Write down the advantages of having conceptual framework.
Provide a brief introduction of the term depreciation? Write down the causes of depreciation?
Briefly describe the two elements of financial performance in IASB Framework (2010).
Give a brief introduction of the term ‘Overhead cost’? And also write down its various ways to classify it?
Give a brief introduction of the term ‘Money Measurement Concept’?
Give a small introduction of the term ‘Gnatt Task Bonus System’?
For replacement of assets does depreciation generate funds?
Write down the scope of Management accounting?
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