- Budgeting
- Management
- Accounting
- All of these
- c
-
Its Definition of Accounting.
AG Office
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During Rising price which inventory method provides lowest profit?
- LIFO
- FIFO
- Weighted Average Method
- None of the Above
- a
-
There are three methods of store inventory, which are:
LIFO (Last in First Out)
FIFO (First in First Out)
Weighted Average Method
Bid must be open:
- Privately
- Friendly
- Publically
- Nonce of these
- c
Bid must be submitted in:
- Packages
- Envelops
- Both A & B
- Nonce of these
- a
-
Bid Package mean:
An invitation to bid
Copy of the proposal construction contract
A form of bid guarantee with 5% actual cost
All Construction Plans
What is minimum response time for a bidder after advertisement?
- 5 days
- 10 days
- 15 days
- 20 days
- c
-
According to Procurement Rule 2014, There is 15 days response time for a bidder in case of national level bid and 30 days time for international level bid.
How much security must be submitted for bid?
- 2.5%
- 5%
- 10%
- 15%
- b
-
The bidder will pay the 5% security of the estimated cost.
It is defined in Punjab Procurement Rules 2014 in Rule 27.
A bid should be published in how many ways?
- 01
- 02
- 03
- 04
- b
-
Electronic Media
News Paper
How many types of Competitive Biding Request?
- 03
- 04
- 05
- 06
- a
-
Request for Information (RFI)
Request for Quotation (RFQ)
Request for Proposal (RFP)
