What is the difference between a request for quotation (RFQ) and a request for proposal (RFP)?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Request for Quotation RFQ is a type of procurement document used to request price quotation...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
After an organization has developed a list of potential suppliers, how should the organization evaluate each supplier individually?
-
What would be your top five considerations when selecting a type of contract to enter into?
-
Using examples, describe how a project manager can use active listening. Why is this useful?
-
10. Two great circle arcs on the Earth's surface leading out of London make an angle of 20. One goes to New York City, a distance of 3,046 miles, the other to Santo Domingo in the Dominican Republic,...
-
According to the U.S. Bureau of the Census, 27% of U.S. adults are college graduates. In a stratified sample of 200 U.S. adults, approximately how many persons in each of the following categories...
-
A block of copper of mass 2.00 kg (Cp, m = 24.44 T K-I mol-1) and temperature OC is introduced into an insulated container in which there is 1.00 mol H20 (g) at 100C and 1.00 atm. (a) Assuming all...
-
Describe advances in medicine that have contributed to improving the quality of patient care.
-
Logistics Consultants Inc. (LCI) provides various logistics analysis services to other firms, including facility location decisions. It has just completed a project for a major customer, but on the...
-
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozomi invested $30,000 cash and computer...
-
Christine?s Chronographs makes two models of a high-end watch?the model 94 and the model 101. Both models go through a special polishing step that requires the use of the single polishing machine at...
-
What are some potential issues related to outsourcing?
-
What are four potential information sources that organizations can use to identify potential sellers?
-
Prove that d dr +wK(T,T) = d(7- T'), (28.73) = where K(T. T') Afree (TT'), and A(TB) = A(7) has a unique solution: if x = [0,3], the solution is where Afree (T) = [(1+n(w))e+n(w)e], 2w (28.74) 1 n(w)...
-
Write, compile, and simulate a VHDL description for the state machine diagram shown in Figure 6-38. Use a simulation input that passes through all paths in the state machine diagram, and include both...
-
We plan to remove about 90% of the A present in a gas stream by absorption in water which contains reactant B. Chemicals A and B react in the liquid as follows: B has a negligible vapor pressure,...
-
If the loop exits after executing only two iterations, draw a pipeline diagram for your MIPS code from 4.28.1 executed on a 2-issue processor shown in Figure 4.69. Assume the processor has perfect...
-
Using the references from Exercise 5.3, what is the miss rate for a fully associative cache with two-word blocks and a total size of 8 words, using LRU replacement? What is the miss rate using MRU...
-
At high pressure CO 2 is absorbed into a solution of NaOH in a packed column. The reaction is as follows: Find the rate of absorption, the controlling resistance, and what is happening in the liquid...
-
In Exercises 2534, begin by graphing f(x) = 2 x . Then use transformations of this graph to graph the given function. Be sure to graph and give equations of the asymptotes. Use the graphs to...
-
The May 2014 revenue and cost information for Houston Outfitters, Inc. follow: Sales Revenue (at standard).............. $ 540,000 Cost of Goods Sold (at standard) ..........341,000 Direct Materials...
-
What is validate scope?
-
When does a project move into the closing stage?
-
A Kanban board showing work done, in progress and to do for the arboretum project is shown in Exhibit 14.27. Questions: 1. What ongoing risks do you envision for this project? How do you believe each...
-
Consider a Carnot heat engine placed between a finite thermal energy source and an infinite thermal energy sink. Since the temperature of the thermal source is constantly changing, then so must the...
-
A complex pair of eigenvalues are shown on the s-plane below. For this pair of eigenvalues, Wn ? W = ? damping ratio = ? time constant = ? X 2 -1 0 X -2 If r(t) is a step with magnitude 10, Use...
-
F m J, r Motor k = k T b R www C
Study smarter with the SolutionInn App